Mastercard Foundation Cambridge Scholarship 2027 – Fully Funded
Fully Funded Master's Scholarships for African Students at University of Cambridge
*500 Scholars by 2030 | Leadership Development | Entry: October 2027*
Quick Highlights
Particulars
Details
Scholarship Name
Mastercard Foundation Scholars Program
University
University of Cambridge
Opportunity Type
Scholarship
Funding Type
Fully Funded
Eligible Applicants
African Citizens
Residency
African countries (refugees & IDPs eligible)
Study Level
Master's (1-year full-time)
Goal
500 African scholars by 2030
Applications Open
September 2026
Entry
October 2027
Status
Applications Opening Soon
Opportunity Overview
Particular
Details
Host University
University of Cambridge
Programme
Mastercard Foundation Scholars Program
Programme Type
Postgraduate Scholarship
Funding Category
Fully Funded
Eligible Applicants
African Students
Location
Cambridge, United Kingdom
Application Mode
Online
About the Programme
The Mastercard Foundation Scholars Program at the University of Cambridge was established in 2022 with the goal of enabling 500 African scholars to study at Cambridge by 2030. The initiative goes beyond financial support by providing leadership development, mentoring, entrepreneurship opportunities, and a strong community of scholars and alumni. The program focuses on developing leaders who will contribute to climate resilience, sustainability, and Africa's long-term development.
Scholarship Benefits
Benefit
Details
Full University Tuition
Covered
Monthly Living Allowance
Provided
Return Airfare
Covered
Visa Application Costs
Covered
UK Immigration Health Surcharge
Covered
Laptop
Provided for academic use
Arrival Support
Transportation to Cambridge
Leadership Development
Mentoring & networking
Entrepreneurship
Access to initiatives
Scholar Orientation
Community events
Eligibility Criteria
Requirement
Details
Citizenship
African country citizen
Residency
African country (exceptions for refugees & IDPs)
Course
Eligible full-time master's (1 year)
Academic
Meet Cambridge course requirements
Leadership
Demonstrated leadership potential
Commitment
Contributing to Africa's sustainable development
Inclusivity
Women, refugees, IDPs, persons with disabilities encouraged
Eligible Courses (Most 1-Year Master's)
Eligible
Not Eligible
Most full-time one-year master's
MBA
MFin (Master of Finance)
MCL (Master of Corporate Law)
MAcc (Master of Accountancy)
Important Dates
Event
Date
Applications Open
September 2026
Funding Deadlines
Early December 2026 / Early January 2027
Admission Decisions
December 2026 – February 2027
Scholarship Offers
Late March – Early April 2027
Documents Due
July 31, 2027
Course Begins
October 2027
How to Apply
Step
Action
Step 1
Choose an eligible master's course
Step 2
Check academic & English requirements
Step 3
Submit Cambridge course application
Step 4
Indicate interest in Mastercard funding
Step 5
Complete scholarship statement
Step 6
Submit before funding deadline
Scholarship Statement
Requirement
Details
Educational Journey
Academic background
Career Goals
Future aspirations
Leadership Experience
Demonstrated leadership
Community Impact
Contribution to community
Africa Development
How scholarship will contribute to sustainable development in Africa
Tuition, living allowance, airfare, visa, health surcharge, laptop
What courses are eligible?
Most 1-year full-time master's (not MBA, MFin, MCL, MAcc)
When do applications open?
September 2026
When does the course start?
October 2027
Is there an age limit?
No
CareerFlora Expert Insight
The Mastercard Foundation Scholars Program at Cambridge is one of the most prestigious fully funded scholarships for African students. Beyond covering all costs, it offers leadership development, mentoring, and entrepreneurship opportunities. The program aims to develop leaders who will contribute to Africa's sustainable development. Applications open in September 2026 for October 2027 entry. Applicants should prepare strong scholarship statements demonstrating leadership and commitment to Africa's development. Early preparation is essential.
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