Mastercard Foundation Scholars Program 2025 – Fully Funded Scholarships for African Students
The Mastercard Foundation Scholars Program 2025 is a life-changing opportunity for academically talented yet economically disadvantaged students from Africa. This fully funded program supports both undergraduate and postgraduate studies at leading universities across Africa, North America, and Europe.
Launched in partnership with world-renowned institutions, the program is committed to developing a new generation of transformative leaders who will drive sustainable development across the continent.
What is the Mastercard Foundation Scholars Program?
The Mastercard Foundation Scholars Program is a decade-long initiative aimed at educating and empowering young African leaders. It offers comprehensive scholarships covering tuition, accommodation, books, travel, and living expenses, while also providing mentoring, leadership training, and internship opportunities.
Degree Levels Covered
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Undergraduate (Bachelor’s)
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Master’s (Postgraduate)
Note: PhD programs are not typically covered.
Partner Universities (Selected List)
The program partners with over 30 globally recognized universities, including:
In Africa:
- University of Cape Town (South Africa)
- Kwame Nkrumah University of Science and Technology – KNUST (Ghana)
- Makerere University (Uganda)
- Ashesi University (Ghana)
- African Leadership University – ALU (Rwanda)
In North America:
- University of Toronto (Canada)
- McGill University (Canada)
- Arizona State University (USA)
- University of California, Berkeley (USA)
- Michigan State University (USA)
In Europe:
- Sciences Po (France)
- University of Edinburgh (UK)
Scholarship Benefits
- Full tuition coverage
- Accommodation and meals
- Books and educational supplies
- Monthly stipend
- Airfare (economy class) to and from host country
- Career development support, including internships
- Leadership training and mentorship
- Access to alumni and global professional networks
Eligibility Criteria
While requirements vary by university, general eligibility includes:
- Must be a citizen of a Sub-Saharan African country
- Demonstrate academic excellence
- Show proof of financial need
- Demonstrate leadership potential and a commitment to giving back to your community
- Apply directly to the partner university and indicate interest in the Mastercard Foundation Scholars Program
How to Apply
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Choose a Partner University: Visit the official websites of participating institutions
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Apply for Admission: Submit your application to the undergraduate or master’s program
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Apply for the Scholarship: Follow the instructions on the university’s page to apply for the Mastercard Foundation scholarship
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Submit Required Documents: Academic records, essays, recommendation letters, and proof of financial need
Important: Each university has its own deadline and selection process, so always check the specific timelines on the university’s website.
Timeline for 2025 Applications
- Application opening: Varies by university (usually between August and October 2024)
- Application deadline: Typically between December 2024 and March 2025
- Results announcement: Between April and June 2025
- Classes begin: Late August or September 2025
Why Apply for the Mastercard Foundation Scholars Program?
- Access to world-class education
- Development of leadership and entrepreneurial skills
- Fully funded with no financial burden
- Opportunities for internships, volunteering, and networking
- A supportive community of scholars and alumni
Final Thoughts
The Mastercard Foundation Scholars Program 2025 is one of the most prestigious and impactful scholarship opportunities available for African students. If you’re a young leader with a vision to transform your community and the continent, this program is your gateway to global education and lifelong impact.