The MasterCard Foundation Scholars Programme is one of Africa’s most transformative education initiatives, offering comprehensive scholarships to talented yet economically disadvantaged young Africans. The programme provides students with access to quality education, leadership development, and the tools needed to make meaningful contributions to their communities and drive positive change across the continent. With a focus on empowering the next generation of African leaders, the MasterCard Foundation Scholars Programme is a life-changing opportunity for students passionate about making an impact.
In this article, we’ll explore how the MasterCard Foundation Scholars Programme works, who is eligible, and how it’s helping to shape Africa’s future by nurturing talented youth.
What is the MasterCard Foundation Scholars Program?
The MasterCard Foundation Scholars Programme is a global initiative launched by the MasterCard Foundation with the aim of providing educational opportunities to talented young people from Sub-Saharan Africa. This programme partners with leading universities across Africa and the world to provide scholarships for students who face financial barriers to education. More than just funding, the programme focusses on fostering leadership and entrepreneurial skills, enabling scholars to be change-makers in their communities and contribute to Africa’s development.
By combining academic excellence with leadership training and community service, the MasterCard Foundation Scholars Programme seeks to create a network of young Africans who will lead the continent in addressing critical challenges such as poverty, inequality, and unemployment.
Why Apply for the MasterCard Foundation Scholars Program?
The MasterCard Foundation Scholars Programme offers a holistic approach to education, making it more than just a scholarship. It’s designed to provide students with the resources, skills, and support they need to achieve academic success and become leaders in their respective fields. Here’s why this programme stands out:
1. Full Financial Support
The scholarship covers full tuition fees, accommodation, books, study materials, travel costs, and living expenses. This comprehensive financial support ensures that students can fully focus on their studies without worrying about financial burdens.
2. Leadership Development
A key aspect of the programme is its emphasis on leadership training. Scholars are equipped with the skills and mindset needed to become ethical leaders who can bring about positive change in their communities. This includes participation in workshops, mentorship programmes, and leadership seminars that foster personal growth and community engagement.
3. Internship and Career Opportunities
The programme helps scholars gain practical experience through internships, work placements, and entrepreneurial training.
4. Global Network of Scholars and Alumni
By joining the MasterCard Foundation Scholars Programme, students become part of a vast and supportive network of scholars and alumni across Africa and beyond. This global network fosters collaboration, mentorship, and knowledge-sharing, helping scholars build lifelong connections that enhance their careers and impact.
5. Commitment to Giving Back
Scholars are expected to use their education and skills to make a positive impact on their communities. The programme emphasises a “pay-it-forward” ethos, encouraging graduates to contribute to the social and economic progress of their home countries.
Who is eligible for the MasterCard Foundation Scholars Program?
The MasterCard Foundation Scholars Program is open to students who demonstrate academic excellence, leadership potential, and a commitment to giving back to their communities. The scholarship targets students from economically disadvantaged backgrounds who would otherwise be unable to afford higher education. Below are the key eligibility criteria:
1. African Citizenship
The programme is primarily open to citizens of Sub-Saharan African countries. Students from other African regions may also be considered, depending on the university partner’s selection criteria.
2. Financial Need
Applicants must demonstrate significant financial need. The scholarship is designed to support students who face economic barriers to accessing quality education.
3. Academic Excellence
Candidates should have a strong academic record. While the specific grade requirements vary by university, scholars are typically high-achieving students who demonstrate a commitment to academic success.
4. Leadership Potential
Applicants should demonstrate leadership qualities through extracurricular activities, community service, or volunteer work. The programme is looking for students who have shown initiative and the desire to make a difference in their communities.
5. Commitment to Social Impact
The MasterCard Foundation Scholars Programme seeks individuals who are passionate about solving Africa’s challenges and contributing to their home countries’ development. Scholars must be committed to using their education to drive positive change.
What Does the MasterCard Foundation Scholars Program Cover?
The MasterCard Foundation Scholars Programme provides full financial support, ensuring that students have everything they need to succeed in their studies and beyond. The scholarship package typically includes:
- Full tuition fees at the partnering university.
- Accommodation and living expenses throughout the duration of the programme.
- Books and study materials to support academic success.
- Travel allowances for transportation to and from the university.
- Health insurance and other essential services.
- Internship and career development opportunities to prepare students for leadership roles.
Partner Universities in Africa
The MasterCard Foundation Scholars Programme works with some of the most prestigious universities in Africa and globally. These universities offer world-class education and leadership training, helping scholars build the skills necessary to become future leaders. Some of the leading African universities that partner with the programme include:
- University of Cape Town (UCT) in South Africa.
- Ashesi University in Ghana.
- African Leadership University (ALU) in Rwanda and Mauritius.
- University of Pretoria in South Africa.
- Makerere University in Uganda.
Each partner university has its own application process and selection criteria, so prospective students should check the specific requirements on the university’s website.
How to Apply for the MasterCard Foundation Scholars Programme
The application process for the MasterCard Foundation Scholars Programme is managed by the partner universities. Here’s a general outline of how to apply:
1. Choose a Partner University
Identify the participating university that offers the programme of study you are interested in. Visit the university’s website to find detailed information about the scholarship and the specific application requirements.
2. Prepare Application Documents
Gather the necessary documents, including:
- Completed application form from the chosen university.
- Academic transcripts showing your grades from secondary school or undergraduate studies.
- Proof of financial need (this could include financial statements, income verification, etc.).
- Letters of recommendation from teachers, mentors, or community leaders.
- Personal statement or essay that outlines your leadership experience, academic goals, and how you plan to use your education to contribute to your community.
3. Submit Your Application
Submit your application through the university’s admission portal. Be mindful of application deadlines, as they vary by institution.
4. Interview Process
Shortlisted candidates may be invited for an interview, which is typically conducted online or in person. The interview allows the selection committee to assess your leadership potential and commitment to making a positive impact.
Conclusion
The MasterCard Foundation Scholars Programme offers a transformative opportunity for young Africans who are passionate about education, leadership, and social impact. By providing full financial support and extensive leadership training, this scholarship empowers students to break the cycle of poverty and contribute to Africa’s growth and development.
