Mastercard Foundation Scholarship 2023

The Mastercard Foundation Scholars Program 2023 application period is currently open.

The Mastercard Foundation and the University of Cape Town (UCT) have teamed to create the Worldwide Scholars Program, an educational project that gives academically gifted youth from underserved communities in Africa access to high-quality university education.

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Young Africans who are first-time applicants for undergraduate or postgraduate (honors and master’s) degrees are given full-cost scholarships under the Mastercard Foundation Scholars Program at UCT. The scholarships guarantee a top-notch education that will result in graduates with internationally recognized and locally relevant credentials, and whose entry into the workforce is supported by ideals of active citizenship and social justice.

These scholarships provide funding for the whole course of study and are renewed each year with excellent performance and participation in the program’s activities and opportunities. Candidates who are chosen must promise to go back to their home nations and use the knowledge and training they have acquired to advance the social and economic development of those nations.

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The Mastercard Foundation strives for a society in which everyone is given the chance to grow and develop. The Foundation’s efforts are guided by its objective to promote financial inclusion for those who are living in poverty and advance learning. It is one of the biggest foundations in the world and mostly serves Africa. It was established by Mastercard International in 2006 and is run separately by a separate board of directors. Canada’s Toronto is home to the Foundation.

A top-notch university is the University of Cape Town. UCT has six campuses, including the Hiddingh Campus, the Health Sciences Campus, the Lower, Middle, and Upper Campuses, as well as the Breakwater Campus, which recently opened a satellite site in Phillippi.

UCT’s mission is to be an inclusive, high-impact African university that uses state-of-the-art facilities, teaching methods, and research to tackle today’s problems. As a university, UCT is dedicated to fostering transformation, working nonstop to ensure the institution’s survival, and assuring quality in everything it does.

The best-rated institution in Africa and one of the best universities in the world, UCT has a distinguished history of academic success. The researchers are still working to develop African-based answers to world challenges, such as those involving urbanization, safety and security, education, and health, to name a few.

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Scholarships Details:

  • DEADLINE: March 31, 2023
  • REGION: South Africa


  • The award will provide full financial support for visa applications, travel, tuition, living expenses, medical assistance, and lodging.
  • The chance to receive a pertinent education through academic programs designed to produce graduates with credentials that are both nationally and locally appropriate.
  • Support for academic success through peer mentoring and academic guidance.
  • The chance to receive training and help for various cultural transitions.
  • Opportunities for employment and internships in Africa, service learning, hands-on learning, career counseling, and assistance with the transition to higher education or the workforce.
  • The chance for training and leadership growth.
  • The chance to have access to alumni networks for additional support.


  • Academically gifted people who appreciate education and are motivated to finish their studies are required.
  • Must be suffering major financial obstacles to finishing their studies and be economically disadvantaged.
  • committed to using their acquired skills and knowledge to give back to and invest in their communities.
  • devoted to adopting moral leadership and bringing about constructive change in their local communities.


  • Candidates must first submit an application for academic study and placement at the University of Cape Town before submitting an application for The Mastercard Foundation Scholars Program.
  • After submitting an application at UCT, candidates must visit the University of Cape Town website for The Mastercard Foundation Scholars Program and click the ‘APPLY’ button image, which will take them to the online scholarship application form.
  • Applicants must need a special email address and password to log in to SM Apply.
  • Candidates must pass the eligibility test for The Mastercard Foundation Scholars Program in order to access the postgraduate application form for a scholarship from the organization.
  • To support the scholarship application, applicants must include the contact information of two (2) academics who taught or oversaw them during their secondary and/or tertiary studies.
  • To complete the application process, candidates must fully fill out the online scholarship application form.


The recommenders who have agreed to act as references must really offer the reference.

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