Mastercard Foundation Scholarship is now accepting applications. This article will provide a detailed overview of this prestigious scholarship, including its incredible benefits and the straightforward application process.
The Mastercard Foundation Scholarship is a fully funded program designed to support talented students from economically disadvantaged backgrounds. It covers tuition fees, accommodation, books, and other essential expenses, allowing recipients to focus entirely on their studies and personal development. The scholarship aims to cultivate the next generation of leaders who will contribute positively to their communities and the world.
With a mission to promote education, financial inclusion, and entrepreneurship, the Mastercard Foundation empowers young people to achieve their dreams. By providing access to quality education and fostering a global network of scholars, the foundation helps students gain the skills and knowledge necessary to drive economic growth and social progress. Join a community of future leaders and change-makers with the Mastercard Foundation Scholarship and take the first step toward a brighter future.
Also, see Imperial College London President’s Scholarship 2024
About Mastercard Foundation Scholarship
The Mastercard Foundation Scholarship empowers talented students from Africa facing financial barriers. Established in 2012, it’s more than just financial aid; it’s a catalyst for nurturing future leaders. The program seeks individuals with exceptional academic potential, a strong leadership drive, and a deep commitment to giving back to their communities. Scholarships are available for both secondary and tertiary education, ensuring a well-rounded approach to supporting students throughout their academic journey. Beyond financial backing, the program fosters a vibrant network of peers, mentors, and alumni, providing invaluable guidance and opening doors to future opportunities. The Mastercard Foundation Scholarship is implemented through partnerships with universities and NGOs, ensuring a tailored approach that meets the specific needs of each scholar.
The Mastercard Foundation itself, founded in 2006, is a global NGO dedicated to advancing education and financial inclusion for people in developing countries, with a specific focus on Africa since 2018. Their core mission is to create a world where everyone has the opportunity to learn and prosper. They achieve this by partnering with visionary organizations to empower young people in Africa. The Foundation believes that education and financial inclusion are transformative for young people. Their flagship program, the Mastercard Foundation Scholarship, exemplifies this by providing access to quality education and leadership development for talented African students.
Beyond education, the Mastercard Foundation also tackles financial inclusion, particularly for individuals and small businesses in Africa. They might support programs that facilitate access to microfinance loans, digital payment solutions, or financial literacy training. The Foundation operates internationally but leverages local expertise in Africa to design and implement programs that address specific community needs. Overall, the Mastercard Foundation is a powerful force for positive change in Africa, investing in the future of the continent by empowering young people, fostering financial inclusion, and promoting sustainable development.
Eligibility Criteria for Mastercard Foundation Scholarship
The Mastercard Foundation Scholarship offers a life-changing opportunity for talented students from Africa facing financial barriers. However, to be considered for this prestigious program, you’ll need to meet specific eligibility criteria. Here’s a breakdown of the key requirements:
- Citizenship and Residency: You must be a citizen and resident of a Sub-Saharan African country.
- Demonstrated academic excellence is a cornerstone of the program. While specific requirements may vary depending on your chosen scholarship level (secondary or tertiary), strong grades and a proven track record of academic achievement are essential.
- You must have been admitted into a degree at UP. You will need your student number to complete the MCFSP application, which must be accompanied by your academic records and other supporting documents
- Leadership Potential: The Mastercard Foundation seeks future leaders. This translates to a demonstrated ability to take initiative, inspire others, and contribute positively to your community. Highlight relevant leadership experiences, such as student government roles, community service projects, or leadership positions in clubs or organizations.
- Financial need is a major consideration. The scholarship is designed to support students who would otherwise be unable to afford a quality education. Be prepared to demonstrate your economic situation through supporting documentation.
- Commitment to Give Back: The Mastercard Foundation envisions scholars who return to their home countries and contribute to positive change. Demonstrate a strong desire to utilize your education to make a lasting impact in your community.
How to Apply To the Mastercard Foundation Scholarship
Please follow the following application instructions to avail Mastercard Foundation Scholarship:
- You may apply online here.
- To use the online Application system, you will need Internet access and an email address that you can access regularly. As soon as you submit your online application, a student number (EMPLID) will be sent to this email address as confirmation of receipt.
- Alternatively, you can submit a hard copy of your application form to the following address:
University of Pretoria
Student Service Centre, Hatfield
Pretoria 0028, South Africa
- The application will be evaluated by members of the relevant faculty and you will be informed of the outcome. Postgraduate applicants are required to have their certificate verified by the South African Qualifications Authority (SAQA). Please visit www.saqa.org.za
- Download application forms for the MCFSP from below links:
Conclusion
Mastercard Foundation Scholarship presents an extraordinary opportunity for talented students from disadvantaged backgrounds to pursue their academic dreams without financial burdens. By covering tuition fees, accommodation, books, and other essential expenses, this fully funded program enables scholars to focus on their studies and personal growth. Beyond financial support, the scholarship fosters a global network of future leaders, equipping them with the skills and knowledge to drive positive change in their communities and beyond.
The Mastercard Foundation is dedicated to empowering the next generation of leaders through education, financial inclusion, and entrepreneurship. By investing in the potential of young people, the foundation aims to create a ripple effect of positive impact worldwide. If you aspire to make a difference and achieve your dreams, consider applying for the Mastercard Foundation Scholarship. So seize this opportunity to contribute to a brighter future for all.