Mastercard University Of Cape Town Scholarship 2023 – APPLY NOW

June 15, 2023

The Mastercard Foundation, in collaboration with the University of Cape Town (UCT), has introduced a scholarship program called The MasterCard Foundation Scholars Program at the University of Cape Town. This initiative aims to provide financial, academic, social, and post-graduation support to selected candidates from Sub-Saharan Africa.

Mastercard University Of Cape Town Scholarship

The program’s ultimate goal is to empower these individuals with the necessary values, knowledge, skills, and leadership qualities to drive economic and social progress throughout Africa.

Mastercard University Of Cape Town (UCT) Scholarship

Many talented students from economically disadvantaged backgrounds face significant barriers to accessing quality education, even though education plays a crucial role in shaping the future of individuals and societies. The MasterCard Foundation, recognizing this challenge, has partnered with the University of Cape Town to create a scholarship program specifically designed to support African students in their educational journey.

The Mastercard Foundation Scholars Program at the University of Cape Town offers a comprehensive support system to academically qualified undergraduate and postgraduate students. The program not only covers financial assistance but also provides mentorship, leadership development, and access to a network of professionals.

Through this program, the MasterCard Foundation aims to nurture promising young individuals and empower them to become change-makers in their communities and beyond. By equipping these students with the necessary resources and skills, the program seeks to foster economic and social progress throughout Africa.

About Mastercard Foundation

MasterCard Foundation is a global philanthropic organization that aims to advance education and financial inclusion to empower young people and communities around the world. Established in 2006, the foundation has been actively working towards creating opportunities and enabling sustainable change in developing countries. In this article, we will explore the history, objectives, programs, impact, and future goals of the MasterCard Foundation.

The MasterCard Foundation was founded by MasterCard, a leading global payments technology company, with the goal of transforming lives and promoting prosperity through education and financial inclusion. The foundation operates independently from MasterCard, although they share a common commitment to empowering individuals and communities.

Benefits of Mastercard University Of Cape Town Scholarship 2023

Mastercard University Of Cape Town Scholarship, covers the following:

Visa application processing costs will be covered
Successful Candidates will be provided with an economy class air ticket to Cape Town South Africa
Only citizens and/or residents of a Sub-Saharan country (excluding South Africa), are eligible for the scholarship
Recipients will receive full tuition fees and international student fees coverage
Provision of accommodations and meals in the student housing system at the University of Cape Town
The Candidate’s Medical expenses will be covered plus a recommended medical aid service provider
Successful Candidates will receive a living stipend to cover ad hoc expenses relating to their studies
A book allowance to help students purchase required textbooks.
Opportunity to access Internship Programs

Eligibility Criteria

To be eligible for the MasterCard Foundation Scholarship at the University of Cape Town, candidates must meet certain criteria. These criteria include:

Candidates must be academically talented, have value for learning and be driven to complete their education.
Be classified as economically disadvantaged and facing significant financial barriers to accessing education.
Applicants must demonstrate commitments to giving back to their home communities upon Successful completion of their studies. They’re expected to assume leadership roles after their studies, to promote economic and social advancement.
Candidates must be commitment to community service through previous and/or past engagements with community outreach activities
Prospective Candidates should be citizens of Sub-Saharan African country and be resident there as well
Intending to pursue an undergraduate or postgraduate level (Masters by research and coursework or research Masters, only).
Applicants must be applying to study in the following fields: Commerce, Engineering and Built Environment, Health Sciences, Humanities, Law or Sciences at the University of Cape Town.
Only Scholars who have been offered an admission to the University of Cape Town, can be considered for the Scholarship.
Students who are the first in their families to go to university, will receive special preference.

Application Process for UCT Scholarship Programme

The application process for the MasterCard Foundation Scholarship involves several steps:

Prospective students need to apply for admission to the University of Cape Town on: https://applyonline.uct.ac.za/
Once admitted, they can submit a separate application for the scholarship.
All Prospective Candidates should endeavor to contact the specific department in which the academic application will be submitted to.
For more details on how to apply, kindly visit the UCT website on: https://uct.ac.za/mcfsp/how-apply

Conclusion

The MasterCard Foundation Scholars Program at the University of Cape Town provides a transformative opportunity for academically qualified African students facing economic disadvantages. By offering financial support, mentorship, and leadership development, the program empowers these individuals to become agents of change in their communities and contribute to the overall progress of Africa.

Mastercard University Of Cape Town Scholarship 2023 – APPLY NOW