The Foundation has committed $500 million over 10 years to an expanding network of education institutions and non-profit organizations that believe education is a catalyst for social and economic progress. The network includes: African Leadership Academy, American University of Beirut – Faculty of Health Sciences, Arizona State University, Ashesi University, Duke University, EARTH University, Michigan State University, Stanford University, University of California at Berkeley, and Wellesley College.
These partners are educating and providing holistic support to deserving young people who are committed to giving back. Students enrolled in the Scholars Program receive comprehensive scholarships, mentoring, leadership development, and life skills support as they transition to secondary school, university or the workforce.
The MasterCard Foundation Scholars Program will serve an estimated 15,000 young people at the secondary and university levels.
KEY PROGRAM ELEMENTS
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OPPORTUNITY
The MasterCard Foundation Scholars Program provides disadvantaged young people with the education and skills needed to succeed in the global economy.
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MODEL
The MasterCard Foundation is building a global network of partners to identify and provide comprehensive support to qualified young people pursuing secondary and university education.
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PARTNERS
Scholars Program partners are education institutions and non-profit organizations committed to developing and encouraging the potential of young people in Africa.
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SCHOLARS
The MasterCard Foundation Scholars are economically disadvantaged young people showing academic promise and achievement. They are ready to learn and to make a difference in their communities, their countries, and their continent.
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ABOUT THE MASTERCARD FOUNDATION
Established in 2006, The MasterCard Foundation is an independent, private foundation based in Toronto, Canada. Our vision is to advance microfinance and youth learning to promote financial inclusion and prosperity.
Through collaboration with committed partners in 49 developing countries, the Foundation is helping people living in poverty to access opportunities to learn and prosper.
Learn more at mastercardfdn.org