The Mastercard Foundation Scholars Program 2025 is a prestigious fully funded initiative aimed at supporting academically talented and socially driven students from Africa and developing nations. This program, in partnership with top universities worldwide, empowers young leaders by providing them with access to quality education, mentorship, and leadership development. It aims to create a network of changemakers who will drive economic and social transformation in their communities. By addressing financial barriers, the scholarship ensures that students can focus entirely on their academic and personal growth without worrying about tuition or living expenses.
Beyond financial support, the Mastercard Foundation Scholars Program fosters a dynamic learning environment where scholars receive extensive career guidance, professional networking opportunities, and practical exposure to real world challenges. The program seeks to instill values of leadership, community engagement, and ethical decision making. Selected students will benefit from internships, training programs, and a lifelong alumni network that promotes continued growth and impact. If you aspire to make a difference and contribute to global development, this scholarship is your chance to gain the education and skills needed to drive meaningful change.
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Details of the Mastercard Foundation Scholars Program
- Host Countries: Various (including USA, Canada, UK, and Africa)
- Host Institutions: Partner Universities
- Program Level: Undergraduate & Master’s
- Program Duration: Varies according to courses
Benefits of the Mastercard Foundation Scholars Program
- Full tuition fees covered
- Accommodation
- Monthly allowances for living expenses.
- Travel allowance (including international airfare)
- Provision of funds for textbooks and educational materials.
- Mentorship and leadership development
- Internship and career development support
Eligibility Criteria for the Mastercard Foundation Scholars Program
- Must be a citizen of a developing country
- Demonstrated academic excellence and leadership potential
- Commitment to giving back to the community
- Demonstrated financial need, showing that the scholarship is essential for accessing education.
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How to Apply for the Mastercard Foundation Scholars Program
- Select one of the Mastercard Foundation partner universities. Each institution has its own application process.
- Ensure you meet the university’s admission criteria and the scholarship requirements.
- Gather essential documents for submission.
- Submit your application before the deadline as per the specific university guidelines.
Required Documents
- Academic Transcripts & Certificates
- Letters of Recommendation
- Personal Statement or Essay
- Proof of Financial Need
- Proof of Citizenship or Residency
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The Mastercard Foundation Scholars Program is a prestigious initiative designed to create future leaders by offering high-quality education and leadership training. This fully funded scholarship ensures financial support, career guidance, and a strong global network to help scholars drive change in their communities.
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Application Deadline
Each partner university has its own deadline. Ensure you check the official website of the university you are applying to for the exact dates.
Frequently Asked Questions (FAQs)
What is the Mastercard Foundation Scholars Program?
The Mastercard Foundation Scholars Program is a fully funded initiative that provides financial aid and leadership training to academically talented students from disadvantaged backgrounds.
Which universities are part of the Mastercard Foundation Scholars Program?
Partner universities include the University of Toronto, McGill University, University of Edinburgh, African Leadership University, and more.
How competitive is the Mastercard Foundation Scholars Program?
The program is highly competitive due to its prestigious nature. A strong academic background, leadership experience, and a compelling personal statement increase the chances of selection.
What is the selection process for the Mastercard Foundation Scholars Program?
The selection is based on academic merit, leadership qualities, community impact, and financial need. Each partner university conducts its own selection process.
Who is eligible to apply for the Mastercard Foundation Scholars Program?
Students from developing countries, particularly from Africa, with strong academic records, leadership potential, and financial need are eligible.
