MasterCard Foundation $500 million Scholars Program for Africa's Young People

The MasterCard Foundation® Scholars Program

Course(s) Offered: Any field
Course Level: Undergraduate (primary, secondary, university), Postgraduate
Provider: MasterCard Foundation®
Country to Study in: Worldwide

Scholarship Description
In recent years, Africa has experienced an economic and political resurgence. There is mounting evidence of political stability and economic growth. New industries - manufacturing, telecommunications, banking, and agriculture - are flourishing.

The MasterCard Foundation® Scholars Program provides disadvantaged young people with the education and skills needed to succeed in the global economy.

The Program is building a global network of education institutions and non-profit organizations committed to its vision to educate young people in Africa who will contribute to the prosperity of the continent. This growing network will document and share best practices in real-time, as Scholars transition to university and the workforce.

MasterCard Foundation® Scholars Program for Africans
The MasterCard Foundation® Scholars are economically disadvantaged young people showing academic promise and achievement. They are ready to learn and to make a difference in their communities, their countries, and their continent.

Partner institutions will identify and select young men and women from economically disadvantaged communities who have demonstrated the following attributes:
  • Academic Talent: Scholars value learning and have the drive to complete their education.
  • Commitment to Giving Back: Scholars will apply what they learn to improve their communities.
  • Potential to Lead: Graduates will be prepared and empowered to lead Africa into the future.
Eligible groups
Talented yet economically marginalized young people of African nationality.

Participating Institutions
Currently, the network partners include:
Other institutions have joined since this program began, including University of Toronto, Univ of British Columbia, McGill University in Canada, etc etc. For a complete list of current participating institutions, please visit the official website (link to it is below).

Fields of study
All fields of study are eligible

Number of awards
The MasterCard Foundation® Scholars Program will serve an estimated 15,000 young people at the secondary and university levels.

Sponsorship duration
Whole duration of academic study

Scholarship benefits
The Foundation has committed $500 million over 10 years to an expanding network of education institutions and non-profit organizations that believe education is a catalyst for social and economic progress.

These partners are educating and providing holistic support to deserving young people who are committed to giving back. Students enrolled in the Scholars Program receive comprehensive scholarships, mentoring, leadership development, and life skills support as they transition to secondary school, university or the workforce.

Method of Application
To learn more about becoming a Scholar, visit the partners section and click on the links to education institutions and non-profit organizations. These partners are responsible for recruiting and selecting the Scholars that attend their schools.

To apply: View our current partners.

Contact us with questions about The MasterCard Foundation® Scholars Program at this address:

The MasterCard Foundation
2 St. Clair Avenue East
Suite 301
Toronto, Ontario
Canada M4T 2T5

Application Deadline: Rolling
Open to International students: Yes (ONLY Africans)

More Scholarship Information and Application

Related: List of USA Scholarships for International Students

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