Fully-Funded Undergraduate and Masters' Scholarships in South Africa from Mastercard Foundation

The University of Cape Town (UCT) has partnered with the Mastercard Foundation in its global Scholars’ Program: an educational initiative that provides academically talented young people from economically disadvantaged communities in Africa with access to quality university education.  

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.

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.

Selection 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.

The scholarship includes:

• 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.

About Mastercard Foundation:

The Mastercard Foundation seeks a world where everyone has the opportunity to learn and prosper. The Foundation’s work is guided by its mission to advance learning and promote financial inclusion for people living in poverty. One of the largest foundations in the world, it works almost exclusively in Africa. It was created in 2006 by Mastercard International and operates independently under the governance of its own board of directors. The Foundation is based in Toronto, Canada.

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