scholarship✓ Checked against sourceNot announced

Mastercard Foundation Scholars Program

MasterCard Foundation (in partnership with select universities)

Overview

About this opportunity

Since it began, the Mastercard Foundation Scholars Program has funded more than 45,000 scholarships, 71% of them to young women, working toward a goal of reaching 100,000 scholars by 2030. The program runs through more than 62 partner institutions across Africa, the United States, Canada, and the United Kingdom, each with its own admission cycle and supplementary application.

The program exists to remove financial barriers for academically strong young people from Africa, fund them through undergraduate or postgraduate study, and support their return to the continent afterward. Scholars are expected to return to Africa after their studies to contribute to its development, backed by mentorship, leadership training, and career-transition support built into the program.

The Mastercard Foundation Scholars Program is a fully funded scholarship offered by MasterCard Foundation (in partnership with select universities) for applicants heading to Multiple countries.

Who should apply?

This may be a fit if the following points describe you. Always use the official criteria as the final check.

  • Citizens of an African country
  • Strong academic record -- this is a highly competitive, merit-linked award, not a general-needs grant
  • Demonstrated financial need alongside academic strength
  • Separate admission to one of the 62+ partner universities is required; the scholarship does not itself grant admission

What the opportunity may offer

  • Full tuition and mandatory fees at the partner university
  • A living stipend sized to the local cost of living
  • Return airfare for scholars attending universities outside Africa, plus health insurance
  • Structured mentorship, leadership development, and career-transition support

Required documents

  • Standard admission application for the chosen partner university
  • Proof of academic record and transcripts
  • Financial need documentation
  • Scholarship-specific essay or interview materials where required

Application process

  1. Identify a partner university offering the program at your intended level of study
  2. Apply for admission to that university through its standard process and deadline
  3. Complete any scholarship-specific application component the institution requires
  4. Submit transcripts, references, and proof of financial need per that institution's list
  5. Attend any interview or selection panel set by the partner institution
Final check

Before you apply

  • □Check the deadline in your own time zone
  • □Confirm that you meet every eligibility condition set by MasterCard Foundation (in partnership with select universities)
  • □Prepare your 4 required documents in the format asked for
  • □Ask referees early and share the official instructions
  • □Review the official source once more before submitting

Deadline notes

Deadlines are set independently by each of the 62+ partner universities -- check your target institution's page directly rather than assuming a shared timeline.

Frequently asked questions

Is the Mastercard Foundation Scholars Program actually fully funded?
Yes, at every partner university -- the award covers tuition, fees, a living stipend, and (for scholars studying outside Africa) return airfare and health insurance.
Which universities offer the Mastercard Foundation Scholars Program?
More than 62 partner institutions across Africa, the United States, Canada, and the United Kingdom, including Arizona State University, the University of Cambridge, McGill University, and UC Berkeley.
Do scholars have to return to Africa after finishing their degree?
Yes -- a return-to-Africa commitment is part of the program's design, supported by career-transition services built into the scholarship.
Is this the same thing as a general Mastercard corporate scholarship?
No. This program is run by the Mastercard Foundation, a separate charitable foundation operating independently with its own board and mission.
Can I apply directly to the Mastercard Foundation without going through a university?
No. You must apply to and be admitted by one of the 62+ partner institutions to be considered.
↗
Verified source and official apply link

Programme details can change. Check the original listing before you prepare or submit an application.

Last reviewed: 2026-07-20
Independent listing

UShireZone is not affiliated with MasterCard Foundation (in partnership with select universities). We never charge applicants to apply. Always verify details and submit through the official website.