However, you may be interested in some of these fully funded scholarships available for international students to study in USA. Albeit that, keep reading to learn more about the amazing opportunities MasterCard Foundation Scholarship have in place!
What are the benefits of a Mastercard Foundation Scholarship?
The Mastercard Foundation Scholarship Program gives you access to a variety of benefits. These include:
- Financial Support: The foundation awards a total of $2.5 million in scholarships per year. This amount is distributed among 250 scholars, giving each one $12,500.
- Mentorship: The selection committee of the foundation includes some of the most distinguished leaders in business and academia. You can use your scholarship to connect with these individuals and build a mentor-mentee relationship.
- Global Network: You can also use the Mastercard Foundation Scholarships to create a global network of like-minded individuals.
- Professional Development Opportunities: The foundation also provides you with resources and information about professional development programs. These include career counseling, job fairs, and internships to help you develop the required skills for your dream career.
- Degree Completion: The Mastercard Foundation Scholarships provide you with the necessary financial support to complete your degree at the same time as your peers.
Who is eligible for the Mastercard Foundation Scholarships?
To be eligible for a Mastercard Foundation Scholarship, you must meet the following requirements:
- You must be enrolled in a degree program at any accredited university, technical school, or institute of higher learning in the U.S., Canada, or the U.K.
- You must be a full-time student (minimum 12 credits per semester).
- Your current GPA must be 3.2 or higher.
- You must be a first-generation college student (no parent or guardian with a bachelor’s degree).
Requirements for the MasterCard Foundation Scholarships
In addition to the above-mentioned requirements, you also need to meet the following qualifications:
- Show evidence of financial need
- All African countries are eligible for this scholarship aid.
- Be legally entitled to work in the country in which you are studying
- Demonstrate leadership skills
- Have a commitment to community service
- Demonstrate academic excellence
- Have an unmet financial need due to an economic hardship
How to apply for a MasterCard Foundation Scholarship?
The application period for the Mastercard Foundation Scholarships is usually in the fall. This is an excellent online resource that provides you with all the latest updates about the application process for the Mastercard Foundation Scholarships.
You can checkout the Mastercard Foundation Portal for list of available scholarships and apply.
Remember, the scholarships are highly competitive, so make sure that you prepare thoroughly for the application process. The more thorough and carefully prepared your application is, the higher your chances of winning the scholarship.
Is the Mastercard Scholarship Worth It?
The Mastercard Foundation Scholarships are among the most prestigious awards that you can win. Although these scholarships are extremely competitive and challenging to win, they can change your life. If you meet the eligibility requirements and want to pursue a degree that will help you achieve your dreams, you should definitely apply for the Mastercard Foundation Scholarships. Winning one of these scholarships can help you achieve your dreams and make your future much brighter.