The Mastercard Scholarship 2024-25 for BS, MS and PhD

The Mastercard Scholarship 2024-25 for BS, MS and PhD | Future Help Portal

Introduction

The Mastercard Foundation, in collaboration with world-renowned Universities and Institutions, is offering a life-changing opportunity through its Mastercard Foundation Scholarship Program. This prestigious initiative is designed to empower academically gifted students from economically disadvantaged backgrounds, particularly from Africa, by providing them with the resources and support needed to pursue higher education. If you're looking to make a difference in your community and have a passion for learning, this scholarship might be your stepping stone to success.


Brief Description

  • Host Country: Primarily African Countries
  • Scholarship Name: The Mastercard Foundation Scholarship Program
  • Duration: 4 years for Bachelor’s, 2 years for Master’s and PhD
  • Benefits: Fully Funded
  • Deadline: Varies


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Why Choose the Mastercard Scholarship?

The Mastercard Foundation Scholarship is more than just financial aid; it is a comprehensive program designed to nurture future leaders. The scholarship covers a broad range of expenses, ensuring that scholars can focus entirely on their academic journey. Here's what you can expect:

  • Full Tuition Coverage: Say goodbye to tuition fees for your entire course of study.
  • Accommodation and Living Expenses: Secure housing and living stipends allow you to live comfortably and focus on your studies.
  • Books and Learning Materials: All essential study materials, including books, are covered.
  • Travel Expenses: Travel costs, including airfare, are fully funded.
  • Health Insurance: Comprehensive health coverage is provided, ensuring peace of mind.


Partner Universities and Institutions

The Mastercard Foundation has strategically partnered with top-tier universities and institutions worldwide. These institutions share a commitment to academic excellence, leadership development, and community service. Here are some of the key partners:

Africa:

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

North America:

  1. Arizona State University (ASU) – USA
  2. McGill University – Canada
  3. University of British Columbia (UBC) – Canada
  4. University of Toronto – Canada
  5. University of California, Berkeley (UC Berkeley) – USA
  6. Wellesley College – USA

Europe:

  1. Sciences Po – France
  2. University of Edinburgh – United Kingdom

Middle East:

  1. American University of Beirut (AUB) – Lebanon


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Eligibility Criteria

To qualify for the Mastercard Foundation Scholarship, you need to meet specific criteria:

  • Academic Excellence: Demonstrated through outstanding high school grades or university transcripts.
  • Financial Need: Applicants must come from economically disadvantaged backgrounds with limited access to higher education.
  • Geographic Focus: The program primarily targets students from Sub-Saharan Africa.
  • Admission to a Partner Institution: You must secure admission to one of the Mastercard Foundation's partner institutions.
  • Field of Study: Some scholarships may be limited to specific fields such as STEM, social sciences, or business.


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Required Documents

To maximize your chances of success, ensure you have the following documents ready:

  • Completed Application Form: Fill out the application form with accurate and up-to-date information.
  • Certified Academic Transcripts: Provide official copies of your high school or university transcripts to showcase your academic achievements.
  • Proof of Financial Need: Submit documentation such as income statements, tax returns, or affidavits that clearly demonstrate your financial situation.
  • Personal Statement or Essay: Craft a compelling personal statement that highlights your passion, goals, and commitment to making a positive impact in your community.
  • Admission Letter: Secure and include the official admission letter from the Mastercard Foundation’s partner institution.
  • Identification Documents: Ensure you have copies of your passport, birth certificate, or national ID ready for submission.

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Application Process

Applying for the Mastercard Scholarship involves several key steps:

  1. Identify a Partner Institution: Start by selecting a partner institution that offers your desired program.
  2. Apply for Admission: Submit your application to the chosen university, ensuring that all required documents are included.
  3. Scholarship Application: Complete the Mastercard Foundation Scholarship application, usually found on the partner institution's website or directly from the Mastercard Foundation.
  4. Submit Required Documents: This may include transcripts, income statements, personal statements, and letters of recommendation.
  5. Personal Statement: Write a compelling essay that highlights your academic achievements, leadership potential, and commitment to community service.
  6. Monitor Application Status: Keep track of your application and be prompt in responding to any additional information requests.

For more details and to apply, Click Here to visit the official Mastercard Foundation website.


Conclusion

The Mastercard Foundation Scholarship is not just an opportunity to pursue higher education; it is a pathway to becoming a global leader and a change-maker in your community. By removing financial barriers, the scholarship allows you to focus on what truly matters—your education and your future. Apply today and take the first step towards unlocking a world of possibilities.


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