MF Scholars Program.

The Mastercard Foundation is set to hold a scholarship program at the University of Capetown for young Africans who are within the Africa Continent.

Mastercard Foundation is a global foundation established by Mastercard in 2006. Since its creation, the Foundation has partnered with a number of worldwide Non-governmental organizations and core partners aiming to ameliorate financial life, primarily in the Global South.

The Mastercard Foundation Scholars Program is developing Africa’s next generation of leaders. The program allows students whose talent and promise exceed their financial resources to complete their education. With a vision that education is a catalyst for social and economic change, the program focuses on developing leaders who are transformative, encouraging them to be active contributors in their communities.

The Program provides financial, social, and academic support to Scholars. Financial support includes, but is not limited to, tuition fees, accommodation, books, and other scholastic materials. The scope of majors and degrees eligible for the Mastercard Foundation Scholars Program varies from institution to institution.

Interested persons who see this as an opportunity to further his/her education in knowledge and in skillful training and research should carefully take note of the requirements and apply if eligible.


The Mastercard Foundation has partnered with the University of Cape Town (UCT) to oversee the implementation of financial, academic, social and post-graduation support to awarded candidates under the scholarship titled The Mastercard Foundation Scholars Program at the University of Cape Town.

Until 2020, over 300 African students will be awarded full scholarships to UCT as part of the Mastercard Foundation Scholars Program.

The Mastercard Foundation Scholars Program at UCT provides full-cost scholarships to young Africans who are first-time undergraduate or postgraduate (honours and master’s) degree-seeking applicants. The scholarships ensure a premium educational package that will produce graduates whose qualifications are internationally recognised and locally applicable, and whose transition into the workforce is underpinned by values of engaged citizenship and social justice.

These scholarships cover the full period of study and are renewable annually subject to satisfactory performance and participation in the activities and opportunities offered by the programme. Successful candidates will be required to commit themselves to returning to their home countries and to invest their gained skills and education in their country’s social and economic growth.

Benefits of Mastercard Foundation Scholars Program at the University of Cape Town.

  • Comprehensive financial assistance with visa applications, travel, tuition, living expenses, medical aid and accommodation.
  • A relevant and recognised education through academic curricula aimed at producing graduates whose qualifications are internationally recognised and locally applicable.
  • Academic and peer mentor support – to ensure that each Scholar successfully progresses academically.
  • An array of cultural and transition support and training aimed at academic and professional enrichment and assisting in the challenges facing university going students.
  • Career and internship opportunities in Africa, service learning, experiential learning – career guidance and support for transition to further study or the workforce.
  • Leadership development and training.
  • Alumni networks for further support.

Mastercard Foundation Scholars Program at the University of Cape Town Eligibility.

  • The Mastercard Foundation specifically targets students from the lower economic quintiles in their countries.
  • The Scholars Program is open to students from Africa and is open only to new applicants who have not yet commenced a degree programme.
  • The Scholars Program is not open to African refugees living outside Africa due to the desire for Scholars to return and give back to their home communities.
  • Students completing their Postgraduate diploma or doctoral study are not eligible for this Scholars Program.
  • The Program is not intended for work permit holders due to the desire for Scholars to return and give back to their home communities

Mastercard Foundation Scholars Program at the University of Cape Town Election Criteria.

  • Academically talented – value learning and are driven to complete their education.
  • Economically disadvantaged – facing significant financial barriers to completing their education.
  • Committed to giving back – investing in their communities, using the skills and knowledge that they have acquired.
  • Future leaders – committed to embracing ethical leadership and making a positive change in their home communities.

How to Apply for the MasterCard Foundation Scholars Program at the University of Cape Town.

Applicants must have applied to and been accepted for a course of study at UCT before they apply for the Scholars Program. If you fulfil the eligibility requirements please follow the process below to apply:

  • Review the study options and admissions requirements at UCT and decide which faculty and degree programme you wish to apply to.
  • Obtain proof of English language proficiency (see How to Apply for further instructions).
  • Write the National Benchmark Tests (for applicants from South Africa, or if you are an applicant from any country and intent to the Faculty of Health Sciences).
  • Collate the necessary documentation to support your application, including evaluation of any previous university level qualification by the South African Qualifications Authority, additional portfolio requirements for degrees in Fine Art or Architecture, and matriculation exemption documentation.
  • Apply online to UCT.


Apply Before: 30th June, 2019.

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