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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.
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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