MasterCard Foundation Scholarship 2025/2026 | How to Apply

For students from Africa and other developing regions, the Mastercard Foundation Scholarship offers more than just financial support—it opens doors to some of the world’s most prestigious universities and provides a pathway to academic and professional growth.

As one of the most sought-after scholarships globally, the Mastercard Foundation Scholars Program partners with top institutions to enable ambitious, socially conscious students to realize their educational dreams without the burden of financial barriers.

If you’re looking to apply for the 2025/2026 cycle, this guide will walk you through the application process, eligibility requirements, benefits, and insider tips for standing out among applicants. From understanding the scholarship’s values to perfecting your personal statement, each section is designed to equip you with the knowledge needed to confidently pursue this life-changing opportunity.

MasterCard Foundation Scholarship Overview

The Mastercard Foundation Scholars Program is designed to nurture the next generation of leaders. It primarily focuses on empowering talented students from disadvantaged backgrounds who exhibit academic excellence, leadership potential, and a commitment to giving back to their communities.

Over 30 universities participate in the program, offering a range of undergraduate, master’s, and PhD scholarships across diverse disciplines. Since its inception, the Mastercard Foundation has helped thousands of scholars achieve their academic and professional dreams, enabling them to make impactful contributions worldwide.

Top Universities Offering the Mastercard Foundation Scholarship

The Mastercard Foundation collaborates with prestigious institutions around the world, which are committed to providing high-quality education to international students. Here are some of the top universities that participate in the program:

1. University of Toronto, Canada
2. University of California, Berkeley, USA
3. McGill University, Canada
4. University of Edinburgh, UK
5. Sciences Po, France
6. African Leadership University, Rwanda and Mauritius
7. University of British Columbia, Canada
8. University of Pretoria, South Africa
9. American University of Beirut, Lebanon
10. Ashesi University, Ghana

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Types of Scholarships Available

The Mastercard Foundation Scholarship covers undergraduate, master’s, and sometimes doctoral programs, depending on the specific university. Each institution has its unique selection process and requirements, but all maintain a focus on leadership, community involvement, and academic achievement. The scholarship generally emphasizes STEM fields, social sciences, health sciences, and areas related to sustainable development, though exact fields vary by institution.

Benefits of the Mastercard Foundation Scholarship

This scholarship is fully funded, meaning all major expenses are covered. The comprehensive benefits typically include:

• Full tuition fees for the entire duration of the program.
• Accommodation and living expenses to ensure scholars can study without financial strain.
• Travel costs for flights between the scholar’s home country and the university.
• Books and study materials needed throughout the academic year.
• Health insurance coverage for international students.
• Leadership development programs, mentorship, and career guidance.
• Alumni networks and support systems after graduation.

MasterCard Foundation Scholarship Eligibility Requirements

Eligibility for the Mastercard Foundation Scholarship can vary by university, but some general criteria include:

1. Nationality: Applicants should be from Africa or other developing countries in need of financial support.
2. Academic Excellence: Strong academic performance is essential, usually demonstrated through GPA, standardized test scores, or previous academic achievements.
3. Leadership Potential: Scholars are expected to show leadership skills and a commitment to community development.
4. Financial Need: Applicants must demonstrate financial need, as the scholarship is designed for students who would otherwise struggle to access higher education.
5. Commitment to Return Home: Many programs encourage scholars to return to their home countries after graduation to make a positive impact.

Requirements for the Mastercard Foundation Scholarship

Each partner university may have specific documentation and additional requirements. Common requirements include:

• Academic transcripts and certificates.
• Letters of recommendation from teachers, mentors, or employers.
• Proof of financial need (income statements, tax forms, etc.).
• A personal statement or essay highlighting leadership experience, goals, and commitment to making a difference.
• Standardized test scores (if required by the program or university).

Courses Offered

The Mastercard Foundation Scholarship supports a wide range of programs across various fields, including:

• STEM fields such as engineering, information technology, and environmental science.
• Health sciences covering public health, medicine, and global health.
• Business and Economics for students aiming to develop skills in entrepreneurship and sustainable business.
• Social Sciences including courses in sociology, political science, and international relations.
• Education and Development Studies for those focused on social development.

How to Apply for the Mastercard Foundation Scholarship

The application process generally includes these steps:

1. Choose Your University: Visit the Mastercard Foundation website or the scholarship pages of partner universities to explore available programs and select a university that fits your academic and career goals.
2. Check Eligibility Requirements: Each university may have specific requirements and deadlines, so make sure you meet them before applying.
3. Complete the University’s Admission Application: You must first be accepted into the program you want to study. Submit your application for admission and indicate your interest in the Mastercard Foundation Scholarship where applicable.
4. Prepare Required Documents: Gather documents like transcripts, personal statements, recommendation letters, and financial information.
5. Submit Scholarship Application: After your university admission application is complete, apply for the Mastercard Scholarship as per the university’s instructions.
6. Attend Interviews if Required: Some universities may require interviews to assess your suitability and commitment to the program.
7. Wait for Notification: Scholarship decisions are typically communicated after the admission decisions, so monitor your email and university portal for updates.

Mastercard Foundation Scholarship Application Deadline

The application deadline for the 2025-2026 academic year is  December 1st, 2024.

Tips to Qualify for the Mastercard Foundation Scholarship

• Showcase Leadership: Highlight your leadership roles in school, community projects, or volunteer organizations.
• Focus on Community Impact: Share how you plan to make a difference in your home country, aligning with the scholarship’s mission.
• Demonstrate Financial Need: Clearly communicate your financial need, ensuring you meet this critical criterion.
• Write a Strong Personal Statement: Use your essay to reflect your values, goals, and motivation to create positive change.
• Prepare for Interviews: If selected, approach interviews with confidence, knowing your purpose and goals.

Conclusion

Applying for the Mastercard Foundation Scholarship is more than a step toward higher education; it’s a commitment to leadership, community, and transformative impact. As a Mastercard Scholar, you gain access to a world-class education, an invaluable network, and resources that prepare you to make meaningful contributions to your home country. While the application process may seem rigorous, the rewards are profoundly worth it.

By preparing thoroughly, highlighting your strengths, and demonstrating a clear vision for change, you place yourself in a strong position to join a community of passionate leaders. Start your journey today with confidence, knowing that the Mastercard Foundation Scholarship is more than just financial aid, it’s a life-changing investment in you and your potential to shape a better future.

Frequently Asked Questions

1. Can I apply to more than one partner university for the Mastercard Foundation Scholarship?
Yes, you can apply to multiple universities. Each university operates independently, so you may apply to several institutions as long as you meet their criteria.

2. Do I need to take standardized tests like the SAT or GRE?
It depends on the specific university’s requirements. Some institutions may require tests like the SAT or GRE, while others may not.

3. Is the scholarship renewable each year?
Yes, as long as you maintain the university’s academic requirements and show continued commitment, the scholarship typically covers the entire duration of your program.

4. Do I have to return to my home country after graduation?
While it’s encouraged, it depends on the individual scholar and program. Many graduates choose to return home to contribute positively to their communities.

5. Are there any age restrictions?
While there’s generally no specific age limit, eligibility may vary based on program level and institution requirements.