Overview
| Criteria | Details |
|---|---|
| Scholarship | MasterCard Foundation Scholars Program |
| Host University | University of Cape Town (UCT) |
| Country | South Africa |
| Study Level | Undergraduate & Postgraduate |
| Eligibility | Academically talented young Africans |
| Funding Type | Fully Funded |
| Renewable | Yes (annually, subject to performance) |
| Application Deadline | 31 October 2026 |
About the Program
The MasterCard Foundation Scholars Program at the University of Cape Town provides scholarships to academically talented young Africans to pursue both undergraduate and postgraduate studies at one of Africa's leading universities.
This transformative program goes beyond financial assistance, offering a holistic support system designed to nurture the next generation of ethical and transformative African leaders. Scholars are expected to engage in community upliftment projects and take full advantage of everything UCT has to offer.
Scholarship Benefits
The MasterCard Foundation Scholars Program covers the full period of your UCT programme of study, with comprehensive support that includes:
| Benefit | Coverage |
|---|---|
| Tuition Fees | Full coverage for your chosen programme |
| Laptop | Provided to each scholar |
| Accommodation | On-campus housing at UCT |
| Living Expenses | Monthly stipend for daily needs |
| Medical Aid | Health insurance coverage |
| Study Visa | Covered where applicable |
| Travel | Annual travel to and from UCT |
Additional Development Support
Beyond financial coverage, scholars benefit from a robust support system:
| Support Area | Details |
|---|---|
| Mentoring | Guidance from experienced mentors |
| Leadership Development | Programs to build transformative leadership skills |
| Academic Support | Tutoring and academic development resources |
| Life Skills | Personal development and life skills training |
| Career Development | Career readiness and professional preparation |
| Entrepreneurship Training | Skills to launch and manage ventures |
| Peer Support | Community of fellow scholars |
Eligibility Requirements
The scholarship targets academically talented young Africans who demonstrate the following qualities:
| Requirement | Description |
|---|---|
| Academic Excellence | Strong academic performance and track record |
| Leadership Potential | Demonstrated leadership qualities |
| Social Impact Commitment | Dedication to making a positive difference |
| Development Focus | Commitment to advancing development in Africa |
| Community Transformation | Interest in contributing to community change |
How to apply?
Prospective applicants should note that applying for the MasterCard Foundation Scholars Program is a separate process from applying for academic admission to the University of Cape Town.
Two-Step Application Process
| Step | Action | Details |
|---|---|---|
| Step 1 | Apply for UCT Admission | Submit application to an eligible academic programme |
| Step 2 | Apply for the Scholarship | Submit a separate MasterCard Foundation application |
Official Links
| Resource | URL |
|---|---|
| Official Program Page | www.uct.ac.za/mastercardfdn |
| UCT Admissions | www.uct.ac.za |
Other Fully Funded Scholarship Opportunities
If you're exploring international study options, there are several other prestigious fully funded scholarships worth considering:
Study in Belgium
The ARES Masters and Training Scholarships offer 220 fully funded opportunities for African students to pursue Master's degrees and specialized training programs in Belgium, covering tuition, living expenses, and travel.
Study in the United Kingdom
The prestigious Chevening Scholarships provide 1,500 fully funded scholarships for outstanding students worldwide to pursue Master's degrees in the UK, including tuition, living costs, and travel.
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