Mastercard a global technology company and Unicaf, the leading online and on-campus learning platform have entered into a partnership to offer cardholders up to 75 percent off on online and on-campus studies at Unicaf’s partner universities.
The two- year scholarships are available to premium cardholders in Nigeria, Egypt, Ghana, Kenya, Malawi, Morocco, Somalia, Uganda, Zimbabwe, South Africa, Zambia and Rwanda.
Under the scholarship scheme, Mastercard Gold, Platinum, World and World Elite cardholders will be able to select from a wide range of high-quality degree programmes 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.
“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 Nicos Nicolaou, chief executive officer, Unicaf.
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“This partnership will provide a degree earning opportunity to Mastercard customers and we are incredibly proud to have this partnership with an organisation like Mastercard.”
Ebehijie Momoh, country manager, West Africa, Mastercard said the payment solution company is extremely excited to partner with Unicaf to offer premium cardholders’ access to internationally recognised degrees at discount.
According to Momoh, “As consumers in our markets embrace online learning, this is how we show dedication to our premium cardholders by offering value through lifestyle benefits and rewards that are perfectly matched to their new routines”.
A recent Mastercard study on consumer spending has revealed that people have been changing the way they learn new skills by transitioning to online studying as they adapt to the ‘new normal’. 50 percent of respondents in Nigeria, 48 percent in Ghana and 47 percent in Kenya have enrolled at an online university since the pandemic began.
Unicaf’s comprehensive state-of-the-art digital ecosystem is seamlessly integrated with technology and services which provide the digital infrastructure that students need to study and complete their courses online.
Students can interact with internationally trained tutors and fellow virtual classmates from 156 countries, offering Mastercard cardholders an international perspective and valuable insights into European, Asian and American professional practices. Together with its university partners, Unicaf has positively transformed the lives of more than 30,000 students worldwide.
