Overview
The Mastercard Foundation Scholars Program is a world-renowned scholarship initiative that aims to empower academically talented African students who face financial barriers. The program partners with selected universities in the United States and other countries to provide full financial support for undergraduate and graduate studies. Its main goal is to create a generation of leaders who will drive social and economic development in Africa.
For students from South Africa and other African countries, the Mastercard Foundation Scholars Program is an ideal pathway to study at top-tier U.S. institutions while also receiving mentorship, leadership training, and career development opportunities. (Mastercard Foundation Scholars Program)
Benefits of the Scholarship
The Mastercard Foundation Scholars Program provides comprehensive support, including:
- Full tuition and fees at the host university
- Accommodation and living expenses
- Books and learning materials
- Travel support to and from the host country
- Leadership development programs and mentorship
- Internship and career preparation opportunities
This ensures that students can focus fully on their studies while also developing leadership and professional skills that will benefit them and their communities after graduation.
Eligibility Requirements
Applicants for the Mastercard Foundation Scholars Program must:
- Be citizens of an African country, including South Africa
- Demonstrate strong academic performance
- Show financial need
- Exhibit leadership potential and a commitment to community service
- Be prepared to study full-time at one of the program’s partner universities
Participating U.S. Universities
Some of the U.S. universities participating in the Mastercard Foundation Scholars Program include:
- Arizona State University (mcfscholars.asu.edu)
- University of California, Berkeley
- University of Michigan
- Stanford University (for certain graduate programs)
Applicants must apply through the university, not directly through the Mastercard Foundation. Each partner university provides guidance on how to apply for the scholarship alongside admission to the academic program. (Where to Apply)
How to Apply
- Choose a partner university that offers your desired program of study.
- Apply for admission to that university, following its instructions for Mastercard Foundation Scholars applicants.
- Prepare application documents including:
- Academic transcripts and certificates
- Recommendation letters
- Statement of purpose detailing academic goals, leadership, and community impact
- Evidence of financial need
- Submit your application to the university by the required deadlines.
Why the Mastercard Foundation Scholars Program is Valuable
- Fully-funded coverage allows you to study without financial stress.
- Leadership development and mentorship programs help students become changemakers in Africa.
- Offers a global network of alumni who are leaders in their fields.
- Students receive holistic support, including academic, social, and career guidance.
Tips for a Successful Application
- Demonstrate your community engagement and social impact through specific examples.
- Highlight academic achievements, awards, and relevant research or projects.
- Clearly articulate your long-term goals and how the scholarship will help you achieve them.
- Start preparing at least 6–12 months in advance, as documents and letters of recommendation take time.
- Attend webinars and information sessions organized by the universities or the Mastercard Foundation to better understand the process.
Official Links & Resources:
- Mastercard Foundation Scholars Program overview: https://mastercardfdn.org/our-programs/mastercard-foundation-scholars-program/
- Where to apply (partner universities): https://mastercardfdn.org/where-to-apply/
- Arizona State University Mastercard Scholars: https://mcfscholars.asu.edu