Mastercard Foundation Scholarship Awards Program : Careersngr

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Mastercard Foundation Scholarship Awards Program

Filed in Scholarships by on October 22, 2023

In a world where dreams often get buried under money worries, the Mastercard Foundation Scholarship Awards Program can be a ray of hope, a hero cutting through the scary world of tuition fees. Imagine being stuck in a situation where your dreams are limited by your financial situation.

Since 2012, the Mastercard Foundation Scholarship Awards Program has given help to over 40,000 Scholars from all over Africa. It has changed their lives and helped them reach their full potential. These Scholars are not just getting money to help them pay for school. They are also part of a worldwide group of people who are working to make a difference. They are all committed to making the world a better place.

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This program is not like other scholarships. It’s a ticket to a world where you can follow your wildest academic dreams without having to worry about the money problems that often hold people back.

So if you’re tired of being held back by your situation, if you’re longing to break free from the limits of your current life, then the Mastercard Foundation Scholarship Awards Program is for you. It’s time to let your dreams soar, to embrace the endless possibilities that are waiting for you.

In this comprehensive guide, we’ll explore this life-changing program, providing you with all the information you need to embark on a journey towards quality education and a brighter future.

Contents

About Mastercard Foundation Scholarship Awards Program

The Mastercard Foundation Scholarship Awards Program initiates the provision of academically talented young people from sub-Saharan Africa with the opportunity to pursue higher education, including master’s degrees.

Its aim is to equip these young leaders with the skills and knowledge they need to contribute to the social and economic development of their home countries.

Universities Partnered with the Mastercard Foundation Scholarship Program

The Mastercard Foundation Scholars Program forms partnerships with a diverse range of leading universities around the world to provide academically talented young people from economically disadvantaged communities with access to quality education and leadership development opportunities.

Some of the Mastercard Foundation’s partner universities include:

  • African Leadership Academy (ALA), South Africa
  • Ashesi University, Ghana
  • Arizona State University, USA
  • Duke University, USA
  • EARTH University, Costa Rica
  • McGill University, Canada
  • Michigan State University, USA
  • Stanford University, USA
  • University of British Columbia, Canada
  • University of California, Berkeley, USA
  • University of Toronto, Canada
  • Wellesley College, USA

These universities commit to providing Mastercard Foundation Scholars with a high-quality education, as well as wraparound support services such as academic advising, mentorship, and financial assistance.

The program selects Mastercard Foundation Scholars based on their academic merit, leadership potential, and commitment to giving back to their communities. It offers Scholars the opportunity to pursue their undergraduate or graduate studies at a leading university and develop the skills and knowledge they need to make a positive impact on the world.

The Mastercard Foundation Scholars Program represents a valuable investment in the future of young people from economically disadvantaged communities. It helps them build the skills and knowledge they need to create positive change in their communities and the world by providing access to quality education and leadership development opportunities.

Eligibility Criteria for the Mastercard Foundation Scholars Program

To be eligible for the Mastercard Foundation Scholars Program, applicants must meet the following criteria:

  • Be a citizen of a country in Africa or Indigenous Peoples in Canada
  • Be from an economically disadvantaged background
  • Demonstrate academic excellence
  • Show leadership potential
  • Be committed to giving back to their community

In addition to these general criteria, each partner university may establish its own specific eligibility requirements. Applicants are encouraged to check the websites of the universities they are interested in for more information.

The Mastercard Foundation Scholars Program stands as a highly competitive program. It selects applicants based on a holistic review of their academic achievements, leadership potential, and commitment to giving back to their communities.

If you are interested in applying for the Mastercard Foundation Scholars Program, you can find more information on the Mastercard Foundation website.

How to Apply for the Mastercard Foundation Scholars Program

The Mastercard Foundation Scholars Program application process typically involves the following steps:

  1. Complete the online application form: The application form will request information about your academic background, extracurricular activities, leadership experience, and financial need.
  2. Submit supporting documents: These documents may include transcripts, test scores, letters of recommendation, and proof of financial need.
  3. Participate in an interview: You can learn more about the program during the interview, and the selection committee can learn more about you.
  4. Undergo a financial assessment: The financial assessment is used to determine your eligibility for need-based financial assistance.

The application process can be competitive, so it is important to start early and submit a complete and well-written application.

If they choose you as a Mastercard Foundation Scholar, you must sign a scholarship agreement. The scholarship agreement outlines the terms and conditions of your scholarship, including your obligations to the program.

The Mastercard Foundation Scholars Program offers a valuable opportunity to academically talented young people from economically disadvantaged communities. If you’re interested in applying for the program, I encourage you to research it thoroughly and submit a strong application.

The Benefits of the Program

  • Financial Aid: The Mastercard Foundation Scholarship Awards Program offers significant advantages through the financial aid it provides. This financial support covers tuition, accommodation, and living expenses, relieving the financial burden on students and their families.
  • Access to a Global Network: Students who get accepted into the program join a global network of like-minded young leaders. This network provides opportunities for collaboration, mentorship, and the chance to connect with individuals who share your aspirations for change and growth.

Mastercard Foundation Scholars Program: Making Dreams a Reality

Mastercard Foundation Scholars Program impact

The Mastercard Foundation Scholars Program has had a significant impact on the lives of Scholars and their communities. Some of the key impacts of the program include:

  • Increased access to quality education: The program has given thousands of young people from economically disadvantaged communities the opportunity to pursue their undergraduate or graduate studies at leading universities.
  • Improved academic outcomes: Scholars have a high success rate, with many graduating with honors and going on to pursue further studies or successful careers.
  • Developed leadership skills: The program provides Scholars with opportunities to develop their leadership skills through workshops, conferences, and mentorship programs.
  • Promoted social change: Scholars are committed to giving back to their communities and are using their skills and knowledge to make a positive impact on the world.

Apart from individual impacts, the program has also had a broader impact on society. By investing in the education of young people from economically disadvantaged communities, the program is contributing to the creation of a more just and equitable world.

Some specific examples of the impact of the Mastercard Foundation Scholars Program include:

  • A Scholar who founded a social enterprise that provides affordable healthcare to underserved communities
  • A Scholar who developed a new educational technology platform that is being used to improve learning outcomes in rural schools
  • A Scholar who became a government minister and is working to improve the lives of citizens in their country

The Mastercard Foundation Scholars Program is a powerful force for positive change. By offering young people the chance to reach their full potential, the program is shaping a better future for all.

Mastercard Foundation Scholars Program Alumni

The Mastercard Foundation Scholars Program has a growing network of alumni making a positive impact on the world. Alumni from the program work in various fields, including education, business, government, and the non-profit sector. They apply their skills and knowledge to tackle some of the world’s most pressing challenges, like poverty, inequality, and climate change.

Some notable Mastercard Foundation Scholars Program alumni include:

  • Ashish Thakkar, founder and CEO of Mara Group, a leading pan-African investment firm
  • Ory Okolloh, co-founder of Ushahidi, a crowdsourcing platform for crisis mapping
  • Fred Swaniker, founder of the African Leadership Academy (ALA)
  • Chebet Lesan, founder of BrightGreen Renewable Energy, a company that provides solar-powered irrigation systems to farmers in Kenya
  • Ndidi Okonkwo Nwuneli, founder of LEAP Africa, a leadership development organization

Mastercard Foundation Scholars Program alumni commit to giving back to their communities and use their education and experience to make a positive impact on the world. They are a powerful force for change, contributing to a better future for all.

The Mastercard Foundation Scholars Program alumni network serves as a valuable resource for Scholars. Alumni can offer mentorship, support, and advice to current Scholars. They can also link Scholars to job opportunities and other resources.

The Mastercard Foundation Scholars Program is a lifelong commitment. The program offers Scholars the support they need to succeed throughout their lives. Alumni from the program are evidence of the impact of education and the significance of giving back to one’s community.

FAQs about the Mastercard Foundation Scholarship Awards Program

Q: How can I apply for the Mastercard Foundation Scholarship Awards Program?

A: To apply, you need to check the eligibility criteria on the program’s official website and follow the application process outlined there.

Q: What does the scholarship cover in terms of expenses?

A: The scholarship covers tuition fees, accommodation, and living expenses, ensuring that you can fully concentrate on your education.

Q: Can I apply for a master’s degree through this program?

A: Yes, the program offers opportunities to pursue a master’s degree, among other academic pathways.

Q: What are the partner institutions of the Mastercard Foundation Scholarship Awards Program?

A: The program collaborates with prestigious institutions, including Ashesi University.

Q: Is there a mentorship component in the program?

A: Yes, the program offers mentorship opportunities, allowing you to learn from experienced professionals.

Q: How does the program contribute to social and economic development?

A: By educating and empowering young leaders, the program equips them to drive positive change and contribute to the development of their home countries.

The Mastercard Foundation Scholarship Awards Program isn’t merely a scholarship; it’s a life-changing opportunity for young leaders from sub-Saharan Africa. It offers financial aid, access to quality education, and a global network of like-minded individuals. This program empowers you to chase your academic and leadership dreams, ultimately contributing to the social and economic development of your home country.

If you’re prepared to take the next step towards a brighter future, this program is your pathway to success. Don’t overlook this incredible opportunity to grow academically, socially, and economically.

Interested candidates for this Scholarships should follow these link to: LEARN MORE.

Will you be applying immediately? Or perhaps you’d like to explore other scholarship opportunities listed here?

If so, we would greatly appreciate hearing your thoughts and feedback in the comments section.

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