MasterCard Foundation Scholars Program 2026 – Fully Funded Scholarships for Talented African Students (Undergraduate & Master’s)

The MasterCard Foundation Scholars Program (MCFSP) stands as one of the most powerful scholarship initiatives supporting talented, academically gifted, and financially disadvantaged African students. Designed to empower the next generation of African leaders, the program offers full scholarships for undergraduate and master’s studies at some of the world’s most prestigious universities — including several top institutions in the United States, Canada, Africa, and Europe.

This scholarship is not just about funding; it is a leadership program, a mentorship platform, and a life-changing opportunity that prepares young Africans to return home and transform their communities.

Why the MasterCard Foundation Scholars Program is Exceptional

What sets MCFSP apart is its strong focus on:

Leadership Development
Community Impact
Holistic Student Support
Career Growth & Internship Opportunities
Global Exposure & Mentorship

For many African students who dream of studying abroad — especially in the USA — the MasterCard Foundation provides a complete pathway to academic success, without financial barriers.

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What the Scholarship Covers (Fully Funded Benefits)

The MasterCard Foundation Scholars Program covers all academic and living costs, including:

✔️ 100% Tuition Fees

✔️ Full Accommodation / Housing

✔️ Monthly Living Stipend

✔️ Books & Learning Materials

✔️ Laptop & Technology Support

✔️ Health/Medical Insurance

✔️ Visa Application Support (where applicable)

✔️ Flight Tickets / Travel Support (for international campuses)

✔️ Leadership Training & Mentorship

✔️ Internship Placements

✔️ Career Guidance + Post-graduate Support

This is one of the very few scholarships that truly removes every financial burden from the student.

Eligible Levels of Study

The MasterCard Foundation Scholars Program supports:

🎓 Undergraduate Degrees

For exceptionally bright young leaders with strong community engagement.

🎓 Master’s Degrees

For individuals committed to solving Africa’s most pressing challenges.

Both levels require evidence of academic excellence, leadership potential, and financial need.

Who Can Apply? (Eligibility Requirements)

The scholarship is open to African students, but not everyone qualifies. Applicants must demonstrate:

1. Proven Financial Need

You must come from a low-income or economically disadvantaged background.

2. Strong Academic Performance

A high school certificate (for undergraduate applicants) or a bachelor’s degree (for master’s applicants) with strong grades.

3. Leadership & Community Engagement

The program seeks students who:

Lead or participate in community projects
Show commitment to social change
Have a clear vision for Africa’s development

4. Commitment to Return to Africa

Scholars must be willing to apply their skills to solve African challenges.

5. Admission Requirements of the Partner University

Each university sets its own academic, TOEFL/IELTS, and application criteria.

Partner Universities (USA + Global Partners)

The MasterCard Foundation works with top institutions such as:

United States

Arizona State University
University of California, Berkeley
Wellesley College

Africa

University of Cape Town (South Africa)
African Leadership University
Kwame Nkrumah University of Science and Technology (Ghana)

Canada

University of Toronto
McGill University

Europe

Sciences Po (France)
University of Edinburgh (UK)

Each university administers its own MasterCard application process and deadlines.

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ScholarshipSet – Fully Funded Programs

Application Requirements

While requirements vary by institution, typical submissions include:

✔️ Online Application

Through the partner university’s portal.

✔️ Academic Transcripts

High school or bachelor’s degree transcripts.

✔️ Certificates

Proof of completed qualifications.

✔️ Letters of Recommendation

Usually from teachers, lecturers, or community leaders.

✔️ Personal Statement / Motivation Letter

Explaining your background, leadership experience, and goals.

✔️ Proof of Financial Need

In the form of statements, affidavits, or letters.

✔️ English Proficiency (If Required)**

TOEFL, IELTS, or university-specific alternatives.

How to Apply (Step-by-Step Guide)

Step 1: Choose Your Preferred Partner University

Select a school that offers your field of study.

Step 2: Check That You Meet All Requirements

Academic + financial + leadership + admission requirements.

Step 3: Prepare All Documents Early

Transcripts, recommendation letters, essays, etc.

Step 4: Submit the University Application

Some institutions will automatically consider you for MasterCard; others require a separate scholarship form.

Step 5: Attend Interview (If Shortlisted)

Most applicants undergo an interview or leadership assessment.

Step 6: Receive Decision

Accepted students are guided through visa and relocation processes.

What Fields of Study Are Supported?

MCFSP supports most disciplines, including:

Engineering
Agriculture & Food Systems
Business & Economics
Education
Health Sciences
Technology & Innovation
Social Sciences
Environment & Climate Studies
Public Policy
STEM Fields
Arts & Humanities

Why African Students Should Apply

This program is one of the most transformative opportunities for Africans seeking international education. The scholarship builds global thinkers, ethical leaders, and change-makers who will uplift their communities and redefine Africa’s future.

Whether your goal is to innovate in technology, build sustainable businesses, reform education, or develop climate solutions — the MasterCard Foundation Scholars Program gives you the platform.

Useful Reference Links (Bold With Embedded Links)

Conclusion

The MasterCard Foundation Scholars Program is more than just a scholarship — it is a global leadership movement shaping the brightest minds across the African continent.
If you are a young African with strong academic results, leadership potential, and a passion for change, this is one of the most powerful programs you can ever apply for.

Study in the USA, Canada, Europe, or Africa — fully funded — and join a network of exceptional young African leaders changing the world.

MasterCard Foundation Scholars Program 2026 – Fully Funded Scholarships for Talented African Students.