Fully Funded Scholarship: Mastercard Foundation Scholars Program

The Mastercard Foundation Scholars Program is a fully funded international scholarship designed to support academically talented but economically disadvantaged students from Africa and other developing regions. The program aims to develop the next generation of ethical leaders who will contribute to social and economic transformation in their communities.

The scholarship is offered in partnership with leading universities across Africa, Europe, North America, and Asia.

What the Scholarship Covers

The Mastercard Foundation Scholars Program is 100% fully funded and typically includes:

• Full tuition fees

• Accommodation and housing

• Monthly living stipend

• Books and study materials

• Medical insurance

• Travel costs (international and local)

• Leadership training and mentorship

• Internships and career development support

• Community service and social impact programs

  Who Can Apply?

  Eligibility may vary slightly by institution, but generally applicants must:

  • Be a citizen of an African country (some partners also accept refugees or displaced students)

  • Demonstrate strong academic ability

  • Show financial need

  • Be committed to giving back to their community

  • Meet the admission requirements of the partner university

  • Apply for undergraduate or master’s degree programs (some PhD opportunities exist)

  How to Apply

  There is no single central application. Instead, applicants must apply through a participating university that partners with the Mastercard Foundation.

  Step-by-Step Application Process

  1. Visit the official Mastercard Foundation Scholars Program page

  2. Choose a partner university offering the program

  3. Apply for admission to an eligible course at that university

  4. Complete the Mastercard Foundation Scholars application (if required separately)

  5. Submit all required documents before the deadline

     

     Official Application Link

     👉 Mastercard Foundation Scholars Program (Official Website):
     https://mastercardfdn.org/all/scholars/

     From this page, you can:

     • See the full list of partner universities

     • Check available countries and programs

     • Access direct application links

     Important Notes

     • The scholarship is highly competitive

     • Deadlines differ by university

     • No application fee is required for the scholarship itself

     • Beware of scams — applications are free