Mastercard Cardholders Studying Online To Pay 75% Less

by Business Watch Team

Unicaf has entered into a two-year partnership with Mastercard to offer it’s premium cardholders 75 percent scholarships for online and on-campus studies at Unicef’s partner universities.

Starting the first quarter of 2021, Mastercard Gold, Platinum, World and World Elite cardholders across 12 countries in Africa (Kenya, Uganda, Rwanda, Nigeria, Egypt, Ghana, Malawi, Morocco, Somalia, Zimbabwe, South Africa, and Zambia) will benefit.

Learners will be able to be selected 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 installments over the period of the program.

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 ‘next to 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.

“We are committed to offering Mastercard customers the opportunity to earn internationally recognized Bachelor, Master’s, or Doctoral degrees at a fraction of the cost through the Unicaf-Mastercard scholarship,” said Dr. Nicos Nicolaou, CEO, Unicaf.

“This partnership will provide a degree earning the opportunity to Mastercard customers and we are incredibly proud to have this partnership with an organization like Mastercard.”

“We are extremely excited to partner with Unicaf to offer our premium cardholders access to internationally recognized degrees at discount. 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” said Ebehijie Momoh, Country Manager, West Africa, Mastercard.

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.

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