MasterCard Scholarship Application Form, Monthly Scholarships 2024-25

The MasterCard Foundation Scholarship Program is made available by the MasterCard Foundation in collaboration with a number of prestigious colleges and organizations around the world. The effort aims to support academically gifted but economically disadvantaged students — mostly from Africa — who have leadership potential and desire to give back to their communities. Learn more about the MasterCard Scholarship, including its eligibility, application form, and awards.

Benefits

To guarantee that scholars can focus on their studies without financial worries, the Mastercard Foundation Scholarship is extensive, covering a variety of expenses. Principal benefits include:

 

• Total cost of tuition
• accommodation
• books
• travel
• Allowances
• Health Insurance

Information about the 2024 MasterCard Scholarship

• Country: Most African nations
• Program Name for Scholarship: MasterCard Foundation Scholarship
• Benefits: Fully Funded Duration: 4 years for Bachelors, 2 years for Masters and Ph.D
• Deadline: Not determined.

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Ability

• Applicants must exhibit a strong academic record, usually shown in their transcripts from universities or high school grades.
• The scholarship is intended for students from low-income families who cannot afford to continue their education.
• Students from sub-Saharan Africa are the original target audience for the program, although eligibility may vary based on the partner university.
• Students must be accepted to one of the participating schools in collaboration with the MasterCard Foundation to be eligible for the MasterCard Scholarship.
• Some academic programs or fields of study, such as STEM (Science, Technology, Engineering, and Mathematics), social studies, or business-related fields, may be a special focus of some MasterCard scholarships.
• Applicants may be required to provide letters of recommendation from teachers, educators, or community leaders who can attest to their ability and character as part of the application process.

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Required records

• Application completed.
• Certified transcript from university or high school.
• Evidence of financial hardship, such as income statements, tax records, or affidavits.
• Essays or personal statements.
• Admission letter from affiliated university.
• Copies of National Identity Card, Birth Certificate and Passport.

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Application Procedure

 

• The first step for applicants is to determine which MasterCard Foundation partner schools offer the program in which they wish to enroll.
• Send an application to your preferred school. Make sure you attach the required files.
• Complete the scholarship application, which can be obtained directly from the MasterCard Foundation or usually through the partner institution’s website.
• Ensure all required documents are correct and complete before uploading or sending.
• Write a strong personal statement that emphasizes your academic achievement, leadership potential, dedication to community service, and your goal to make a positive difference in your community.
• Carefully fill out the Mastercard Scholarship Program application and the university’s online admission form. Keep in mind that submission deadlines may vary by institution.
• After submitting an application, monitor your email to receive updates on the progress of your application. Please respond to requests for more information as soon as possible.

Universities or partner institutions

To deliver its scholarship program, the MasterCard Foundation has worked with a number of prestigious colleges and organizations around the world. These partner schools were selected for their commitment to community involvement, leadership development, and high academic standards. A list of some of the reputed partner colleges and universities can be found below:

 

Africa

 

1. African Leadership Academy (ALA) of South Africa
2. Ashesi University of Ghana
3. University of Ghana Kwame Nkrumah University of Science and Technology (KNUST)
4. University of Cape Town (UCT) in South Africa
5. University of Pretoria in South Africa
6. University of the Western Cape (UWC) in South Africa
7. Makerere University of Uganda

America, North:

 

1. ASU, Arizona State University, USA
2. McGill University of Canada
3. University of British Columbia (UBC) in Canada
4. University of Toronto, Canada
5. University of Berkeley (UC Berkeley) in the United States of America
6. Wellesley College of America

Europe

1. Sciences Po of France
2. University of Edinburgh in UK

 

Middle East:

 

1. American University of Beirut, Lebanon (AUB)

Conclusion:

the MasterCard Foundation Scholarship is an investment in the next generation of African and global leaders, going beyond a simple cash grant. By providing high-quality education, comprehensive support, and development opportunities, the program enables young people to achieve their educational and career goals.

 

Aspiring scholars who meet the requirements should apply now for the opportunity to change their lives as well as the lives of those in their communities.

FAQs

• MasterCard Scholarship: What is it?

A financial assistance initiative called MasterCard Scholarship was created to provide students from disadvantaged families with an opportunity to pursue higher education.

• Who is the MasterCard Scholarship open to?

Academic achievement, financial need, and occasionally other requirements such as leadership ability or community service participation are standard requirements for eligibility. Institutions and programs may vary in quality.

• How do I submit an application for a MasterCard scholarship?

A MasterCard scholarship application must be completed, and typically calls for the submission of personal data, academic transcripts, documents of financial need, and perhaps essays or letters of recommendation. For comprehensive instructions, visit participating institutions’ websites or the MasterCard Foundation’s official website.

• What documents are required to apply for MasterCard Scholarship?

Transcripts of academic work, bank statements, driver’s license, and letters of recommendation are often required paperwork. Some programs may also require essays or a personal statement.

• When is the 2024-25 MasterCard Scholarship Application Deadline?

Although application deadlines vary by program and institution, they typically open in the fall and close in early spring. It is important to visit the official website of each participating institution to verify the exact deadline.