Mastercard Foundation Scholarships Open Doors for African Students and Entrepreneurs

A new wave of life-changing scholarships is now available. The Mastercard Foundation has opened applications for its 2026-2027 academic programs. These initiatives target talented young Africans and entrepreneurs.

The programs offer full financial support and leadership development. This partnership with top global universities aims to foster a new generation of leaders. According to Reuters, such educational investments are crucial for long-term economic growth in Africa.

Comprehensive Programs Span Multiple Disciplines

The opportunities are diverse and far-reaching. They include undergraduate and postgraduate studies at institutions like UC Berkeley and Carnegie Mellon University Africa. The Jim Leech Fellowship also supports entrepreneurial ventures directly.

These programs cover more than just tuition. Scholars receive comprehensive support for living expenses, travel, and academic materials. This removes financial barriers for high-achieving students from disadvantaged backgrounds.

Creating a Lasting Impact on Communities

The foundation’s strategy focuses on transformative leadership. Graduates are expected to return to their communities and drive positive change. This creates a powerful ripple effect across the continent.

The benefits extend beyond individual scholars. The EdTech Fellowship, for instance, accelerates African-led educational technology companies. This supports systemic change and innovation in the education sector itself.

The Mastercard Foundation scholarships represent a significant investment in Africa’s future. These programs are building a powerful network of skilled professionals. This initiative continues to change lives and communities for the better.

Info at your fingertips

Who is eligible for these Mastercard Foundation scholarships?

Eligibility typically targets academically talented young Africans. Applicants must demonstrate financial need and a commitment to community impact. Specific criteria can vary by each university program.

What expenses do the scholarships cover?

The scholarships are comprehensive. They generally cover full tuition, accommodation, books, and a living stipend. Many also include travel costs and leadership development programming.

Which universities are participating in the Scholars Program?

Partner universities include UC Berkeley, Carnegie Mellon University Africa, and the University of Oxford. The network is a global collaboration of leading educational institutions dedicated to this mission.

Are there programs for entrepreneurs, not just students?

Yes, the Jim Leech Mastercard Foundation Fellowship supports aspiring entrepreneurs. The separate EdTech Fellowship is designed specifically for growing African EdTech ventures.

What is the application deadline for these opportunities?

Deadlines vary significantly by program. Some are as early as November 30, while others extend into January of the following year. It is critical to check the specific deadline for each program of interest.