MasterCard Scholarship 2024

024 Innovation and Technology Scholarship Application

Application Deadline: Monday, 6 May, 16:00 GMT (9:00 AM MST)

Scholarship Overview

In partnership with the Mastercard Foundation, Arizona State University will provide a 9-month comprehensive academic and practical training in artificial intelligence (AI) and business for selected Mastercard Foundation Scholars. The Program seeks to cultivate leadership, entrepreneurship and AI technical skills, enabling students to become AI leaders equipped to tackle challenges in Africa and around the globe. 5 Scholarships are available for students admitted for the 2024/2025 academic year, which will cover the full tuition fees, expenses for accommodation, and comprehensive support. On top of financial support, Scholars will participate in activities as part of the wider Mastercard Foundation Scholars Program at Arizona State University, including leadership curriculum, individual mentorship, and other events and programming. Women, refugees and displaced persons, and people with disabilities are strongly encouraged to apply. ASU is committed to enhancing the quality of students’ educational experience by ensuring accessibility for all programs and services.

Program Offering 

Master of Science in Artificial Intelligence in Business, MS-AIB

Eligibility Criteria

  • Applicants must qualify academically for admission to the degree of their choice that includes English proficiency.
  • Applicants must be a citizen of an African country committed to ethical leadership and demonstrated engagement in their community.
  • Applicants must be between the ages of 18 and 33 on or before the application deadline.
  • Applicants must demonstrate a track record of leadership and service in their community.
  • Applicants must demonstrate academic excellence and ambitions that exceed one’s financial resources.
  • Applicants must have earned an undergraduate degree with a required minimum 4 years of study.
  • Applicants must not have started or completed other graduate or masters degree before August 2024.
  • Applicants must be able to live in Phoenix, Arizona for the duration of the program.
  • Applicants are recommended to have a solid foundation in mathematics, statistics and computer science.

The Scholarship will cover the following:

  • Costs incurred for visa application processing
  • Costs incurred for English language tests
  • Costs incurred for program application
  • Airfare to and from Phoenix, Arizona
  • Full tuition, books and fees
  • On campus housing
  • Participation in Scholarship programming

Awards are tenable for the duration of the graduate program of study.

The deadline for all applications will be 16:00 GMT (9:00 AM MST) on Monday, 6 May.  All applicants are advised to apply for the scholarship first and, if successful, will be assisted in the process of applying for admission to Arizona State University. Interviews via video or phone call will be held in summer 2024, with final decisions made by late May 2024. All successful applicants will travel to Phoenix, Arizona to join the Program in August 2024.

There are 2 ways to submit your application:

We encourage applicants to submit an online application.  To proceed to the online application, please click NEXT.
If you have limited internet access, you can complete a downloadable version of the application. To access the downloadable form, click HERE. This will take you to a link containing a Word document.  Please do not request edit access.  Instead click “Open With” to download the file in your platform of choice.  Or click the Download icon on the right side of the screen to download the file directly. To submit the completed form, email it to along with

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