Mastercard Foundation Scholarship (2024/2025) Eligibility Guide

The Mastercard Foundation Scholars Program is a transformative initiative aimed at supporting academically gifted but economically disadvantaged students, primarily from Sub-Saharan Africa.

For the 2024/2025 cycle, this program opens doors for eligible students to pursue undergraduate, master’s, or doctoral degrees at partner universities worldwide.

This guide provides an in-depth overview of eligibility, benefits, and how to apply.

What Is the Mastercard Foundation Scholars Program?

The Mastercard Foundation Scholars Program provides comprehensive scholarships that cover tuition, living expenses, travel, and academic materials. It also includes leadership training and career development opportunities to prepare scholars for impactful contributions to their communities​.

Eligibility for the Mastercard Foundation Scholarship (2024/2025)

Eligibility is a cornerstone of the application process. Meeting these requirements ensures your application is considered:

1. Citizenship Requirements
   Applicants must be citizens of a Sub-Saharan African country. Dual citizenship holders with non-African countries are generally not eligible​.
2. Educational Background
   • For undergraduate programs: Completion of secondary school with excellent academic performance.
   • For graduate programs: A bachelor’s degree relevant to the intended field of study. Some partner universities require prior enrollment in affiliated institutions​.
3. Age Limit
   Most programs have an age cap of 29 for undergraduate applicants and 35 for graduate applicants​.
4. Financial Need
   Demonstrating financial hardship is crucial. Applicants must submit evidence of their financial situation, such as income statements or tax documents​.
5. Commitment to Leadership and Social Impact
   A strong commitment to improving communities and addressing key challenges in Africa, such as education, public health, or climate change, is essential​.
6. Language Proficiency
   Depending on the university, proof of proficiency in English or another language may be required​.

Apply for the Mastercard Foundation Scholarship (2024/2025)

Applying involves several steps that vary slightly by institution. Here’s a general guide:

1. Choose a Partner Institution
   Review the list of Mastercard Foundation partner universities and identify programs that align with your academic goals.
2. Application Timing
   Applications open between September and December 2024 for most universities. Deadlines vary, so check specific timelines for your chosen institution​.
3. Submit Academic and Financial Documents
   Required documents include academic transcripts, certificates, financial statements, and recommendation letters.
4. Write a Personal Statement
   Most applications require an essay outlining your aspirations, leadership potential, and commitment to making a difference in Africa​.
5. Attend Interviews
   Shortlisted candidates may be invited for an online or in-person interview to discuss their application and future plans.

Benefits of the Mastercard Foundation Scholarship

The Mastercard Foundation Scholarship offers more than financial aid. Key benefits include:

1. Full Financial Coverage
   Scholars receive funding for tuition, accommodation, and meals. Travel expenses and study materials are also covered​.
2. Mentorship and Leadership Training
   Scholars participate in workshops, internships, and mentorship programs designed to build their leadership skills​.
3. Global Networking Opportunities
   Being part of the Scholars Program connects you with a vibrant network of alumni and global changemakers​.

Partner Universities for 2024/2025

The program collaborates with prestigious universities globally, including:

• University of Edinburgh (UK)
• Sciences Po (France)
• McGill University (Canada)
• University of Cape Town (South Africa)
• Ashesi University (Ghana)​.

Common Questions About the Mastercard Foundation Scholarship (2024/2025)

1. What expenses are covered by the scholarship?
   The scholarship covers tuition, travel, living expenses, and academic materials.
2. Can I apply to multiple partner universities?
   Yes, but each university has a unique application process. Ensure you meet all specific requirements.
3. Are scholarships renewable annually?
   Most are renewable, provided scholars maintain good academic standing and participate in leadership programs.
4. What are my chances of selection?
   Selection is competitive, focusing on academic excellence, leadership potential, and financial need.
5. Can I apply if I’m over 35?
   Typically, no. However, age limits depend on the specific program.
6. Do I need work experience to apply?
   Some graduate-level programs require prior work experience, particularly for professional degrees.

Final Tips for a Successful Application

1. Start Early
   Begin gathering your documents and drafting essays well in advance of the deadline.
2. Tailor Your Application
   Customize your personal statement and supporting documents to reflect the goals of the Scholars Program.
3. Leverage Recommendation Letters
   Choose referees who know your academic and leadership potential well.
4. Showcase Leadership Experience
   Include specific examples of how you’ve made a difference in your community.

For further information, visit the official Mastercard Foundation Scholars Program website or the admissions pages of partner universities.