The Mastercard Scholarship 2024-25 Application Form, Monthly Stipends

WorldwideThe Mastercard

WorldwideScholarshipFully FundedRolling deadlinephd

5 min readOpportunity Station

Program details

Key facts at a glance

Host country: Worldwide
Region: Worldwide
Institution: The Mastercard
Study level: PhD
Funding: Fully Funded

Program overview

Full description, requirements, and what to expect

Program overview Mastercard Scholarship 2024

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
Application deadline: Varies

Benefits Package

The Mastercard Foundation Scholarship is comprehensive, covering a wide range of expenses to ensure that scholars can focus on their studies without financial burdens. Key benefits include:.

Full Tuition Fee
Accommodation
Travel Expenses
Stipends
Health Insurance

Partner Institutions or Universities

The Mastercard Foundation has partnered with several prestigious universities and institutions worldwide to offer its scholarship program. These partner institutions are selected for their commitment to academic excellence, leadership development, and community service. Below is a list of some of the prominent partner universities and institutions:.

Africa

African Leadership Academy (ALA) - South Africa
Ashesi University - Ghana
Kwame Nkrumah University of Science and Technology (KNUST) - Ghana
University of Cape Town (UCT) - South Africa
University of Pretoria - South Africa
University of the Western Cape (UWC) - South Africa
Makerere University - Uganda

North America

Arizona State University (ASU) - USA
McGill University - Canada
University of British Columbia (UBC) - Canada
University of Toronto - Canada
University of California, Berkeley (UC Berkeley) - USA
Wellesley College - USA

Europe

Sciences Po - France
University of Edinburgh - United Kingdom

Middle East

American University of Beirut (AUB) - Lebanon

Application Process

Applicants should start by identifying the Mastercard Foundation partner institutions that offer their desired program.
Apply for admission to the chosen institution. Ensure that all Required documents are provided.
Fill out the scholarship application form, which is usually available on the partner institution’s website or directly from the Mastercard Foundation.
Upload or send all Required documents, ensuring they are complete and accurate.
Craft a compelling personal statement that highlights your academic achievements, leadership potential, commitment to community service, and vision for contributing to positive change in your home country.
Carefully complete the university’s online application for admission and the Mastercard Scholarship Program application form. Pay attention to submission application closing dates, which can vary by institution.
After submitting your application, keep an eye on your email for notifications regarding the status of your application. Be responsive and prompt in providing any additional information requested.

Conclusion: The Mastercard Foundation Scholarship is more than just financial aid; it is an investment in the future leaders of Africa and beyond. By providing access to quality education, comprehensive support, and development opportunities, the program empowers young people to achieve their academic and professional goals.

Aspiring scholars who meet the Who can apply should seize this opportunity to apply, potentially transforming their lives and the lives of those in their communities.

Requirements & preparation

Review eligibility, benefits, and documents before you apply

Eligibility criteria

19 requirements to review

Applicants should demonstrate strong academic performance, often reflected in high school grades or university transcripts.
The scholarship targets students from economically disadvantaged backgrounds who lack the financial means to pursue higher education.
The program primarily focuses on students from Sub-Saharan Africa, though eligibility may vary depending on the partner institution.
To be eligible for the Mastercard Scholarship, students must be admitted to a participating institution that partners with the Mastercard Foundation.
Some Mastercard scholarships may be limited to specific fields of study or degree programs, such as STEM (Science, Technology, Engineering, and Mathematics), social sciences, or business-related disciplines.
The application process may require applicants to submit letters of recommendation from teachers, mentors, or community leaders who can speak to their character and potential.
Filled application form.
Certified copies of high school or university transcripts.
Documentation such as income statements, tax returns, or affidavits to demonstrate financial hardship.
Personal statements or essays.
Admission letter from the partner institution.
Copies of passports, birth certificates, or national IDs.

Application Process

Applicants should start by identifying the Mastercard Foundation partner institutions that offer their desired program.
Apply for admission to the chosen institution. Ensure that all Required documents are provided.
Fill out the scholarship application form, which is usually available on the partner institution’s website or directly from the Mastercard Foundation.
Upload or send all Required documents, ensuring they are complete and accurate.
Craft a compelling personal statement that highlights your academic achievements, leadership potential, commitment to community service, and vision for contributing to positive change in your home country.
Carefully complete the university’s online application for admission and the Mastercard Scholarship Program application form. Pay attention to submission application closing dates, which can vary by institution.
After submitting your application, keep an eye on your email for notifications regarding the status of your application. Be responsive and prompt in providing any additional information requested.

Required documents

Prepare these before you apply

1Filled application form.
2Certified copies of high school or university transcripts.
3Documentation such as income statements, tax returns, or affidavits to demonstrate financial hardship.
4Personal statements or essays.
5Admission letter from the partner institution.
6Copies of passports, birth certificates, or national IDs.
7Application Process
8Applicants should start by identifying the Mastercard Foundation partner institutions that offer their desired program.
9Apply for admission to the chosen institution. Ensure that all Required documents are provided.
10Fill out the scholarship application form, which is usually available on the partner institution’s website or directly from the Mastercard Foundation.
11Upload or send all Required documents, ensuring they are complete and accurate.
12Craft a compelling personal statement that highlights your academic achievements, leadership potential, commitment to community service, and vision for contributing to positive change in your home country.
13Carefully complete the university’s online application for admission and the Mastercard Scholarship Program application form. Pay attention to submission application closing dates, which can vary by institution.
14After submitting your application, keep an eye on your email for notifications regarding the status of your application. Be responsive and prompt in providing any additional information requested.

Important dates

Deadlines and listing updates

Application deadlineRolling — applications accepted on an ongoing basis
Published on Opportunity StationAug 3, 2024
Last updatedJul 8, 2026

Participating location

Where this opportunity takes place

Worldwide

scholarshipfully-fundedwwmastercard2024applicationform2027

Next step

Ready to apply?

Use the official application website to submit your application directly to the program organizer. The link opens in a new tab so you can keep this guide open.

https://future.utoronto.ca/international-applicants

Apply Here