MasterCard Foundations Scholarship Program
The Mastercard Foundation Scholarship is a program designed to provide financial assistance and comprehensive support to academically talented students from economically disadvantaged backgrounds in Africa. The scholarship aims to enable these students to pursue higher education and develop the skills necessary to contribute to the social and economic development of their communities.
In collaboration with the United States International University-Africa (USIU-Africa), The MasterCard Foundation creates opportunities for eligible and suitable students to enroll in the Undergraduate Scholarship Program.
Description of the MasterCard Foundation Scholarship Awards Program
The Mastercard Foundation Scholars Program is a global scholarship program that provides financial assistance, leadership development, and networking opportunities to academically talented young people from Sub-Saharan Africa who have demonstrated a commitment to giving back to their communities. The program was launched in 2006 and has since supported over 40,000 scholars from over 30 countries in Africa.
Scholars are selected based on their academic achievements, leadership potential, and commitment to social responsibility. They are enrolled in a variety of undergraduate and graduate programs at leading universities in Africa and around the world. In addition to financial assistance, scholars also receive access to a variety of leadership development programs, networking opportunities, and mentorship.
The Mastercard Foundation Scholars Program is designed to help scholars develop the skills and knowledge they need to become leaders in their communities and make a positive impact on Africa’s development. Scholars have gone on to work in a variety of fields, including business, government, education, and social entrepreneurship. They have also made significant contributions to their communities, working on issues such as poverty alleviation, education, and health care.
The Mastercard Foundation Scholars Program is a valuable resource for talented young people from Sub-Saharan Africa who are committed to making a difference in their communities. The program provides them with the opportunity to pursue their educational goals, develop their leadership skills, and build a network of support. Scholars who participate in the program have the potential to make a significant impact on Africa’s development.
Benefits of the MasterCard Foundation Scholarship Program:
- Financial assistance: Scholars receive full tuition, living expenses, and other financial support to cover the cost of their education.
- Leadership development: Scholars participate in a variety of leadership development programs that help them develop the skills and knowledge they need to become leaders in their communities.
- Networking opportunities: Scholars have the opportunity to network with other scholars, mentors, and professionals from across Africa and around the world.
- Mentorship: Scholars are paired with mentors who provide guidance and support throughout their academic journey.
Eligibility Requirements for the MasterCard Foundation Scholarship Awards Program
- Citizenship: You must be a citizen of a Sub-Saharan African country.
Age: You must be under the age of 29 for undergraduate studies and under the age of 35 for graduate studies. - Academic achievement: Applicants must demonstrate exceptional academic achievement and potential. This usually includes having strong grades or academic records from previous studies. Some universities may require applicants to meet specific academic entry requirements for the chosen program of study. Altogether, you must have a strong academic record, with a minimum GPA of 3.0 on a 4.0 scale.
- Leadership potential: The scholarship program often seeks candidates who have actively engaged in their communities and demonstrated leadership potential. This can include involvement in extracurricular activities, volunteer work, or initiatives that have had a positive impact on their communities.
- Financial need: Candidates should come from economically disadvantaged backgrounds, typically from low-income families. The scholarship aims to support students who lack the financial means to pursue higher education.
In addition to the eligibility requirements, you must also meet the specific requirements of the university or institution to which you are applying. For more information, please visit the website of the university or institution you are interested in attending.
To apply for the Mastercard Foundation Scholars Program, focus on these requirements:
- Make sure you meet all of the eligibility requirements.
- Start the application process early.
- Carefully review the application instructions.
- Proofread your application materials carefully.
- Ask for help from a trusted advisor, such as a teacher, counselor, or mentor.
Apply Now: CAMPBELL FOUNDATION FELLOWSHIP PROGRAM | 2023
The Approved 11 Undergraduate Programs USIU-Africa
- School of Science of Technology (SST)–Bachelor of Science in Applied Computer Technology, Bachelor of Science in Information Systems and Technology.
- School of Pharmacy and Health Sciences (SPHS)–Bachelor of Pharmacy, Bachelor of Epidemiology and Biostatistics.
- School of Communication, Cinematic and Creative Arts (SCCCA)–Bachelor of Arts in Animation, Bachelor of Arts in Film Production and Directing.
- Chandaria School of Business (CSOB)–Bachelor of Science in Finance, Bachelor of Science in International Business Administration, and Bachelor of Science in Accounting.
- School of Humanities and Social Sciences (SHSS)–Bachelor of Arts in International Relations and Bachelor of Arts in Psychology.
Get to know about the available scholarship here: Ongoing Scholarship
What to Know About Scholarships
A scholarship is an award of financial assistance for a student to further their education at a private elementary or secondary school, or a private or public post-secondary college, university, or other academic institution.
Most scholarships are awarded based on different conditions such as academic merit, diversity and inclusion athletic skill, and financial need, among others. Or some combination of these criteria.
Types of Scholarship Programs
There are many different kinds of scholarship programs available, each with its eligibility requirements and benefits. Some of the most common types of scholarships include:
Academic scholarships:
These scholarships are awarded to students who have demonstrated academic excellence. They are typically based on a student’s GPA, test scores, and class rank.
Athletic scholarships:
These scholarships are awarded to students who participate in sports at a high level. They are typically based on a student’s athletic ability, academic record, and leadership potential.
Need-based scholarships:
These scholarships are awarded to students who demonstrate financial need. They are typically based on a student’s family income, assets, and expenses.
Merit-based scholarships:
They are typically based on a student’s grades, test scores, extracurricular activities, and essays.
Ethnic scholarships:
These scholarships are awarded to students who are members of a particular ethnic group. They are typically based on a student’s race, ethnicity, and academic record.
Religious scholarships:
These scholarships are awarded to students who are members of a particular religion. They are typically based on a student’s religious affiliation, academic record, and extracurricular activities.
Gender scholarships:
These scholarships are awarded to students of a particular gender. They are typically based on a student’s gender, academic record, and extracurricular activities.
Specialty scholarships:
These scholarships are awarded to students who have a particular interest or talent. They are typically based on a student’s interest, talent, and academic record.
In addition to these general types of scholarships, many other scholarships are specific to particular schools, programs, or fields of study. To find scholarships that you are eligible for, you can search online, contact your school’s financial aid office, or ask your teachers, counselors, or mentors for recommendations.
Conclusion:
When you are applying for scholarships, it is important to carefully take note of the following
- Eligibility requirements
- Application instructions.
- Edit your application and the necessary document carefully.
See also: Google Lime Scholarship Awards for Students with Disabilities | 2023