Mastercard Foundation Scholars Program

The Mastercard Foundation Scholars Program is a global initiative designed to develop the next generation of transformative leaders by enabling highly talented, service-oriented young people to pursue higher education and cultivate their leadership potential.

A woman smiling at the camera. A woman in an office. A woman wearing a headscarf and smiling at the camera.

About the Mastercard Foundation Scholars Program

We are optimistic about Africa’s future! What role will you play towards a better continent?

We envision a transformative network of young people and institutions driving inclusive and equitable socio-economic change in Africa.

We work with education institutions, NGOs, and the Mastercard Foundation Scholars community to create the conditions that will enable young people to attain inclusive and relevant education, transition smoothly into dignified and fulfilling work, and lead transformative lives.

Our Approach

The Mastercard Foundation Scholars Program identifies talented young people facing the highest social and economic barriers to opportunity and those in hard-to-reach communities, primarily in Africa, and supports their secondary and higher education and leadership development.

 Girl seated at a school desk, laughing.

Target Impact

By 2030, the Program aims to provide 100,000 scholarships, partnering with universities and ecosystem stakeholders.

This will support a new era of economic prosperity and African-led growth across the continent.

Our Program in Numbers

  • 40,000

    Over 40,000 Mastercard Foundation Scholars and growing

  • >70%

    More than 70% are young women

  • 20,000

    Mastercard Foundation Scholars Program Alumni

  • 100,000

    Our goal for scholarships awarded by 2030

  • $3B

    The Foundation has deployed over US$3 billion towards education and transitions programs in Africa

  • 25

    We have partnered with 25 institutions globally

Ipti, a Mastercard Foundation Scholar.

Go out there and do your thing. Explore. Find out if you like it. I am a strong believer in doing the things you want. What I have done my whole life is [to] do things I enjoy. If it does not work, I can start over. If you enjoy it, stick with it. Just put it out there.”

Ipti, a Mastercard Foundation Scholar

A group of people smiling at the camera, viewed from above.

Mastercard Foundation Scholars Program Alumni Network

The Mastercard Foundation Scholars Alumni Network is the culmination of our vision to mobilize the alumni from our programs — which include the Young African Leaders Initiative (YALI), Ashoka, the Youth Think Tank (YTT), the Scholars Program, the Anzisha Prize, and Youth Forward — to be a force for change.

Find your network
Three Baobab Summit 2024 attendees smiling and waving.

Baobab Summit

The Baobab Summit is a gathering of the Mastercard Foundation Scholars Program, where the community comes together to connect, co-create, share, learn, and reflect. Every year, we celebrate the power of individual and collective action in making a positive impact. The Summit aims to provide a platform that resonates with attendees' unique journeys, offering them the chance to engage with topics and sessions of profound importance to them. Watch this space for Baobab Summit 2025!

Abraham Tetteh Addy, a Social Venture Challenge participant.

Community Impact

Social Venture Challenge

Emerging social entrepreneurs compete to win the Resolution Social Venture Challenge (SVC) at the Baobab Summit. Selected from among 90 competitors, Mastercard Foundation Scholars take part in a competition designed to recognize and celebrate young leaders committed to social change in Africa and beyond.

Learn more

FAQs

What is the process to be considered for the Mastercard Foundation Scholars Program and how can applications be submitted?

The Mastercard Foundation Scholars Program is managed through our partner universities and non-governmental organizations. The application process and decision-making are managed by our partners. If you are interested in becoming a Mastercard Foundation Scholar, please apply through one of the partner universities.

Each partner institution offers different programs and has their own timelines for admission, fees, and application guidelines. We recommend that you research the program of your choice and contact the relevant institution for more information.

Does the Mastercard Foundation Scholars Program provide support for master’s degrees and PhD/doctoral students?

Yes and no. The Mastercard Foundation Scholars Program provides scholarships at the secondary, undergraduate, and master’s levels. However, scholarships are not currently available to PhD candidates.

Where are the Mastercard Foundation Scholars Program’s partner institutions located?

Our partner institutions are primarily in Africa, but we also have partners in North and Central America, Europe, and the Middle East.

Does the Mastercard Foundation offer financial support for students outside of the Mastercard Foundation Scholars Program?

The Mastercard Foundation does not provide sponsorship or financial support to candidates who are not awarded scholarships through the Mastercard Foundation Scholars Program.

What does the scholarship cover?

The Mastercard Foundation Scholars Program provides financial, psychosocial, and academic support to Mastercard Foundation Scholars. Financial support includes, but is not limited to, tuition fees, accommodation, books and other academic materials, mentoring, counselling, leadership development, and a return air ticket to a Mastercard Foundation Scholar’s country of origin, if necessary.

Does the Mastercard Foundation Scholars Program provide scholarships from non-partner universities?

The Mastercard Foundation Scholars Program is implemented through our partner universities and NGOs that serve young people from underrepresented backgrounds. The application process and decision-making are managed by each partner university in the Mastercard Foundation Scholars Program.

When is the application deadline?

Each partner in the Mastercard Foundation Scholars Program sets their own deadline. Please check the Program website of the partner institution(s) of your choice for the specific deadline.

How can applicants learn more about the status of their application?

The Mastercard Foundation Scholars Program is implemented through our partner universities and NGOs that serve young people from underrepresented backgrounds. The application process and decision-making are managed by each partner university in the Mastercard Foundation Scholars Program. We recommend that applicants research the application guidelines or contact the institution of their choice directly for more information.

How much does the application fee cost?

The Mastercard Foundation Scholars Program is managed individually by our partners, who set their own admission fees. Please read through the application guidelines and/or contact the partner institution(s) of your choice for more information. For institutions that require application fees as part of the admissions process, the fees will be reimbursed if the candidate is selected for the Mastercard Foundation Scholars Program.

What support is available for applicants who cannot afford the admission fees?

Admission fees are required by many of our implementing partners as part of the application process. North American universities require TOEFL and/or SAT scores as part of the application process for international candidates. Understandably, these costs can be a barrier for many potential Mastercard Foundation Scholars. Although we are unable to influence these admission requirements, we have found the following options to be helpful to some applicants:

– In some cases, universities may be able to assist with the completion of tests. For applicants confident that they can fulfill the requirements of the SAT and TOEFL, they should ask their counsellor or principal for a letter of support or similar documentation that expresses their confidence in the candidate’s academic achievements. These letters of support, along with the candidate’s story, should be shared with the admissions office at the university to which they are applying.
– Some candidates have also found support to cover the costs of the SAT or TOEFL through Education USA.
– We have partnered with Africa-based universities that offer undergraduate or graduate programs and do not require SAT or TOEFL scores.

Can multiple applications be considered simultaneously for the Mastercard Foundation Scholars Program?

Each partner university in the Mastercard Foundation Scholars Program manages its own application process. Thus, candidates can apply to as many universities as they wish. However, we remind applicants that while there is no limit to the number of universities you can apply to, it is important to note that it takes a great deal of effort to complete an application submission package, and application fees may also be required.

Does acceptance to a partner university guarantee a scholarship?

The Mastercard Foundation Scholars Program is highly competitive. Gaining admission to a partner institution does not guarantee selection for the Mastercard Foundation Scholars Program.

How can organizations partner with the Mastercard Foundation Scholars Program?

The Mastercard Foundation partners with institutions whose vision and work are aligned with our goals, mission, vision, and Young Africa Works strategy. At this time, the Foundation is unable to accept unsolicited proposals. Currently, our team is focused on expanding the Mastercard Foundation Scholars Program to more universities in Africa. Periodically, we circulate requests for proposals to closed groups of universities. We encourage interested organizations to follow our social media channels and visit this webpage for future opportunities to collaborate.

What is Scholars@10?

The Mastercard Foundation Scholars Program celebrated its 10-year anniversary, themed “Scholars@10: A Decade of Transformative Impact and Learning,” in September 2022. The event was an opportunity to demonstrate the program’s impact, share our learning from the past decade, and look to the future. Celebrating this important milestone was also an opportunity to recognize the efforts of our diverse and dynamic partner network and our brilliant and resilient Mastercard Foundation Scholars.

Latest from Mastercard Foundation Scholars Program

View All