The Mastercard Foundation Scholars Program at Ashesi University is a comprehensive initiative designed to provide academically talented yet economically disadvantaged young Africans with access to quality higher education.

This fully funded scholarship aims to cultivate ethical, entrepreneurial leaders who are committed to driving positive change across the continent.
Application Deadline: June 14, 2025
Program Overview
Ashesi University, located in Ghana, has been in partnership with the Mastercard Foundation since 2012, making it one of the program’s pioneering institutions.
Over the years, this collaboration has facilitated the education of hundreds of scholars from various African countries, emphasizing a holistic approach that includes:
- Comprehensive Scholarships: Full financial support covering tuition, books and supplies, transportation, accommodation, and stipends.
- Life-long Skills: Enrichment in critical thinking, communication, and entrepreneurship to ensure success beyond the classroom.
- Transition Support: Assistance during the transition into university life and the workforce, including mentoring, career counseling, internships, and life skills coaching.
- Give-Back Component: Encouragement to engage in community service and volunteerism, fostering a commitment to societal development.
- Career Opportunities: A strong track record of graduates securing employment within months of graduation, with many contributing to Africa’s growth and development.
- A Global Alumni Network: Connection to a network offering resources and opportunities to learn from other scholars and Ashesi graduates worldwide.
Application Process
Prospective students do not apply directly to become Mastercard Foundation Scholars. Instead, all applicants to Ashesi University who seek financial assistance are considered for various scholarships, including the Mastercard Foundation Scholars Program.
To apply for both scholarships, click on the link here.
The Admissions and Financial Aid Office assesses each applicant’s financial need and academic merit to determine scholarship awards.
Scholarship Coverage
The scholarship is one of the most comprehensive at Ashesi, covering
- Full tuition fees
- Housing
- Meals on campusa
- Learning materials
- Support for basic living expenses
Additionally, scholars receive socio-economic support to ensure a successful academic journey and transition into their professional careers.
Commitment to Community
An integral component of the program is the expectation that scholars will give back to their communities.
This is facilitated through volunteer and community service opportunities. Reinforcing the program’s mission to develop leaders dedicated to societal transformation.
Accelerated Master’s Program
In partnership with the Mastercard Foundation Scholars Program. Ashesi University collaborates with Arizona State University to offer an accelerated master’s degree pathway.
This program enables students to earn both their undergraduate and master’s degrees in five years instead of the traditional six.
Providing a fast-tracked route to advanced education and leadership opportunities.
Impact and Alumni Network
Graduates of the program join a robust alumni network that spans over 40 countries. Offering lifelong connections and opportunities for learning, growth, and impact.
This network serves as a platform for collaboration and continued contribution to Africa’s development.
The Mastercard Foundation Scholars Program at Ashesi University represents a significant opportunity for young Africans. To access quality education and develop into leaders poised to effect positive change.
By providing comprehensive support and fostering a commitment to community service, the program aims to equip scholars with the skills and mindset necessary to contribute meaningfully to the continent’s progress.
For more detailed information and application guidelines, please visit Ashesi University’s official website.
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