ZAMBIA is among countries that are set to benefit from a scholarship package by UNICEF and MasterCard’s online and on-campus learning platform.
The scholarships are available to MasterCard premium cardholders in Nigeria, Egypt, Ghana, Kenya, Malawi, Morocco, Somalia, Uganda, Zimbabwe, South Africa, Zambia and Rwanda.
UNICAF, an online and on-campus learning platform, has signed a two-year partnership with MasterCard to offer its premium cardholders 75 percent scholarships for online and on-campus studies at Unicaf’s partner universities.
Starting the first quarter of the year, MasterCard Gold, Platinum, World and World Elite cardholders across 12 countries in Africa will be able to select from a wide range of high-quality degree programs offered by Unicaf’s partners and only pay 25 percent of the total fees in flexible manageable monthly instalments over the period of the programme.
A recent MasterCard study on consumer spending revealed that people have changed the way they learn new skills by transitioning to online studying as they adapt to the ‘next normal’.
Fifty percent of respondents in Nigeria, 48 percent in Ghana and 47 percent in Kenya have enrolled at an online university since the pandemic began.
“We are committed to offering MasterCard customers the opportunity to earn internationally recognised Bachelor, Master’s or Doctoral degrees at a fraction of the cost through the Unicaf-MasterCard scholarship,” said Dr. Nicos Nicolaou, CEO, Unicaf.