Table of Contents
About the MasterCard Foundation Scholarship at Ashesi University
The MasterCard Foundation, in collaboration with Ashesi University College, is providing a groundbreaking $13 million scholarship initiative designed to support academically outstanding but financially disadvantaged undergraduate students from across Africa. This initiative reflects a commitment to increasing access to world-class education while fostering a new generation of ethical, entrepreneurial, and transformative leaders who will drive change and development across the continent.
The scholarship program primarily aims to assist students from low-income and middle-income families who demonstrate both exceptional academic performance and financial need. Applicants who require financial assistance must complete a financial aid application form alongside their admissions application. The Scholarship Committee carefully evaluates applications based on the extent of demonstrated need and the applicant’s overall academic strength.
A significant portion of the scholarships funded by the MasterCard Foundation—half of the total scholarships awarded—are specifically allocated for non-Ghanaian students, ensuring that the program has a broad and diverse impact across Africa. The scholarship provides more than just financial relief; it comprehensively covers full tuition fees, on-campus accommodation, meals, and even a free laptop for each scholar. Additionally, students receive stipends for personal expenses, and international students benefit from annual travel allowances starting from their second year.
Benefits of the MasterCard Foundation Scholarship at Ashesi University
Students selected for the MasterCard Foundation Scholarship at Ashesi University gain access to a fully immersive and transformative educational experience. The benefits of this scholarship go far beyond financial assistance and include several key elements:
- Full Financial Support: Scholars receive a comprehensive financial package that covers tuition fees, accommodation, books, study materials, transportation, and living stipends, ensuring that students can focus entirely on their education without financial strain.
- Leadership and Professional Development: Scholars are nurtured to become influential leaders through tailored training in critical thinking, problem-solving, communication, entrepreneurship, and leadership development. This holistic approach equips them with skills essential for the rapidly evolving job market.
- Career and Transition Support: Beyond academic learning, students benefit from personalized mentorship, career counseling, professional internships, and networking opportunities with industry leaders. These elements are designed to enhance their readiness for the workforce.
- Community Engagement and Social Impact: Giving back is a core pillar of the scholarship. Scholars are encouraged and supported to engage in meaningful community service initiatives that drive sustainable impact in their local communities.
- Employment and Career Prospects: Since Ashesi University’s inception, over 95% of its graduates secure job placements within months of graduation, and nearly 90% choose to remain in Africa, actively contributing to the continent’s economic and social development.
- A Strong and Influential Global Alumni Network: Scholars who graduate from the program become part of a well-connected and impactful global network of professionals and scholars. This network offers ongoing career support, mentorship, resource sharing, and collaborative opportunities for further professional growth and development.
How to Apply for the MasterCard Foundation Scholarship at Ashesi University
Prospective applicants must submit their scholarship applications through the designated online portal. The application process requires the completion of an online form, where students must provide relevant details about their financial background, academic achievements, and personal aspirations.
For a detailed step-by-step guide on how to apply, eligibility requirements, and further information, visit the official scholarship webpage via the link below. Please note that the deadline for applications is 14th June 2025. Click the link below to apply now.
CLICK HERE TO APPLY
See also:
Tokyo University Amgen Scholars Program 2025: Apply Now!
The Letten Prize 2025 for Researchers: Apply Now!
I am interested to join university