Wellesley College is partnering with The MasterCard Foundation to launch a $500 million education initiative to provide talented, economically disadvantaged students from developing countries with support for quality secondary and university education, according to a Wellesley College press release.
The program will focus especially on students from Africa. Wellesley is one of ten higher education institutions partnering with the Foundation.
As part of the program, Wellesley will provide nine African women with scholarships, mentoring, counseling and internship opportunities. The students will arrive in groups of three starting in the fall of next year.
The MasterCard Foundation Scholars Program was announced on Wednesday at a United Nations Special Session that marked the kickoff of U.N. Secretary General Ban Ki-moon’s new Education First initiative.
Education First seeks to ensure quality education to all children.
Wellesley President Kim Bottomly said in a press release that the Scholars Program aligns perfectly with the goals of the college.
“Wellesley brings a special expertise to this program—we educate women to make a difference in the world. As women are poised to take even greater roles as leaders in Africa, we want to offer them the transformative education, mentorship, and support that have empowered Wellesley women for more than 135 years,” she said in the release.
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