Mastercard Foundation Scholarship Programmes: Previously, we talked about Mastercard Foundation Postgraduate Scholarship. Today, we will discuss different Mastercard Foundation Scholarship programmes, and when and how to apply for the scholarship opportunities.
It is quite interesting that many people are unaware of the numerous scholarship programmes the Mastercard Foundation offers even when they’re mostly free to apply for with reasonable eligibility criteria. However, this article is an eye-opener to those programmes and the category you can leverage on.
This article will tell you all you need to know about Mastercard scholarship programmes, different categories of scholarships offered by the foundation, requirements, eligibility criteria, who can apply, application closing date, and a step-by-step procedure on how to apply. Sit back and relax as we get you right in. This is because;
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About Mastercard Foundation
The Mastercard Foundation is an Independent organization that the Mastercard Internal created. They operate independently from the parent organization, having their own Board of directors, vision, mission, guiding principles, and employees. The foundation has grown from just three (3) employees to becoming the largest visionary foundation in the whole world.
Moreso, they award fully-funded scholarships to deserving scholars across the continents including Africa. They partner with other visionary organizations and have positively affected the lives of over 51 million people and families.
In 2006, the Foundation decided to focus on Africa. Since then, they have developed new programmes and initiatives.
Programmes and Initiatives of the Mastercard Foundation
There are several programs launched by the Mastercard Foundation since its inception. These include:
- The Young Africa Works Strategy was launched in 2018 in Kigali, Rwanda. This is aimed at empowering 30 million young people, especially young women to secure dignified work.
- In 2019, they launched the Young Africa Works Programming in Kenya, Senegal, Ghana, and Ethiopia in the year 2020
- The Young Africa Works Programming established in Nigeria and Uganda
- The COVID-19 Recovery and Resilience Programme. This was launched in 2020 during the global pandemic to assist communities and institutions in Africa. Also, their activities extended to other indigenous communities in Canada to help respond to the ill impacts of the pandemic.
- They also gave rise to EleV. EleV is a learning partnership that focuses on breaking the barriers to post-secondary school education. This is mainly for indigenous youth in Canada. This programme is operating at Yukon College and Vancouver Island University.
- The Mastercard Foundation Fund for Rural Prosperity provides financial assistance to small-scale farmers.
- The Mastercard Foundation Scholarship programmes. This is for economically disadvantaged young and brilliant scholars to pursue their dreams.
Mastercard Foundation Scholarship Programmes
Annually, the Mastercard Foundation awards academically brilliant students across Africa scholarship opportunities to pursue their dreams. This programme has supported about 40,000 young people in Africa to pursue their secondary or tertiary education.
Moreso, they offer a full scholarship that will support the student comfortably through the period of the programme. The benefits include tuition fees, accommodation, textbooks, and other academic materials with some take-home stipend.
The scope and eligibility for this scholarship differ from institution to institution. Therefore, we will show you the list of universities in partnership with the MasterCard Foundation scholarship. Meanwhile, before that, let us consider the categories of Mastercard Foundation Scholarship programmes.
Mastercard Scholarship Categories
The Mastercard Foundation scholarship is categorized into the following:
- Secondary Education scholarships
- Undergraduate Studies scholarships
- Masters Studies scholarships
Secondary Education scholarships
This scholarship is basically for secondary school scholars. The Mastercard Foundation partners with the following organizations:
- Equity Group Foundation: The Mastercard Foundation partners with Equity Group Foundation. This foundation hereby seeks to champion the social and economic development of the Young African Youth.
- Camfed International: This foundation, the Campaign for Female Education (CAMFED), is a non-profit-oriented organization that works towards alleviating poverty and other huge hurdles in the education of a girl-child in Africa.
Undergraduate Scholarships
The Mastercard Foundation undergraduate scholarship is for post-secondary students or undergraduates of eligible tertiary institutions. However, the MCF partners with the following universities for their undergraduate scholarships.
- Science Po
- Ashesi University College
- African Leadership Academy
- Kwame Nkrumah University Of Science And Technology (KNUST)
- The University of Abomey-Calavi
- Wellesley College
- University of Gondar
- University of Edinburgh
- The University of Cape Town
- University of Pretoria
- The American University of Beirut
- EARTH University
- United States International University Africa
- International Institute for Water and Environmental Engineering (2iE)
- African Development University
Masters Studies scholarships
This is a postgraduate scholarship that the Mastercard Foundation awards to deserving scholars who wish to further their education ad pursue their dreams. However, the MCF partners with these universities for their postgraduate studies:
- The University of British Columbia
- African Institute For Mathematical Sciences (AIMS)
- Arizona State University.
- McGill University.
- The American University of Beirut.
- The University of Pretoria.
- University of Edinburgh
- The Carnegie Mellon University of Africa.
- The University of Cape Town
- The University of Gondar
- Sciences Po.
- University of Toronto
- University of Oxford
- University of Cambridge
- University of California, Berkeley (UCB)
How to Become a Mastercard Foundation Scholar
Firstly, it is important to note that this programme is such that offers the very best to its scholars. Offering a high academic standard, inculcating good leadership qualities, and also working towards making the community better. Therefore, to become one of the scholars of this foundation, you must have the following qualities:
- You must be sound academically
- You must display a high level of leadership qualities
- You must demonstrate the zeal to impact the lives of those around you.
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Note that:
- The whole process of becoming a Mastercard scholar is completely taken care of by the partner universities and organizations that have been selected to carry out the responsibility of recruiting new scholars.
- Therefore, you must follow the institution of your choice, and make inquiries about their application requirements and every detail in between.
General Eligibility Criteria for the Mastercard Foundation Scholarship Programme
We have previously notified you that partner universities have the responsibility of recruiting new scholars and as such, have their eligibility criteria. However, there are general eligibility criteria acceptable by the scholarship board. They include the following:
- Applicants must not be above 29 years at the time of application (for undergraduates or Bachelors degree)
- For a master’s degree, applicants must not be above 35 years at the time of application.
- In addition, the individual universities have their eligibility criteria. Therefore, you must carefully review the application requirements of the universities for which you are applying.
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How to Apply Online
To successfully submit your application online, pay attention to this step-by-step procedure:
- Kindly visit the Mastercard Scholarship Application portal at www.mastercardfoundationscholarship.org
- Read the instructions on the form carefully
- Fill in the required information and documents
- Proofread the information you provided for errors
- Click on Submit
- Thats all.
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- Get more scholarship updates here.
Application Starting Date
The Mastercard Foundation Scholarships application for 2023/2024 is not ongoing as of the time of writing this article. However, Information has it that it may start by July 2024. You are advised to visit the Mastercard official portal for more updates. Nevertheless, we will update the information on this site at Passbuttons as soon as it starts. Therefore, keep visiting this page to get hands-on information about Mastercard scholarships.
Application Closing Date
The application for the 2023 Mastercard Foundation scholarship programme is currently closed at the time of writing this article. However, you should download past questions and answers and begin to study for the screening exam pending when the form will be out.
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Frequently Asked Questions
What is the MasterCard Foundation scholarship?
Mastercard Foundation awards academically brilliant students across Africa scholarship opportunities to pursue their dreams. This programme has supported about 40,000 young people in Africa to pursue their secondary or tertiary education. Refer to this article for full information about the MasterCard scholarship.
When will the Mastercard Foundation scholarship start?
Information from a reliable source has it that the scholarship may start very soon. However, keep refreshing this page at Passbuttons to know when they officially announce it.
Is the Mastercard Foundation scholarship fully funded?
YES. the scholarship is fully funded. It will cover tuition fees, accommodation, and take-home allowance.
