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South African Reserve Bank (SARB) Bursary Programme 2023 | APPLY NOW

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The South African Reserve Bank (SARB) is responsible for ensuring the safety and soundness of the national payment system, which is the backbone of South Africa’s modern financial system.

The SARB provides important economic and financial statistics that present an overview of the economic situation in South Africa.

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The SARB invites student to apply for Bursary Programme 2023 academic year.

The bursary is available to students entering their 1st year of study in 2023, in any of these fields related to the bank:

  • Accounting
  • Actuarial Science
  • Economics
  • Finance
  • Information Technology
  • Law
  • Mathematical Statistics
  • * Other fields may also be funded, such as Medicine, Dentistry, Social Work

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The bursary will be awarded for first academic year and reviewed each year (recipients do not have to reapply for funding each year). Students will be required to submit their exam results by no later than 31 December each year.

Students will have the opportunity to partake in vacation work opportunities each year.

Shortlisted candidates will be contacted within 1 month of the application closing date – if you do not receive any feedback by 30 October 2022, please accept that your application was unsuccessful. Candidates may be required to undergo testing and attend an interview before being awarded a bursary.

Requirements

Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):

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  • You must be a South African citizen
  • You must be under the age of 30 years old
  • You must have completed Matric OR be currently in Matric
  • You must intend on studying full-time towards an undergraduate qualification, in one of the fields listed above
  • You must be entering your 1st year of study in 2023
  • You must have been accepted to study at a recognised and accredited university in South Africa
  • You must have achieved a minimum overall average of 70% for your Matric June exams
  • You must be in financial need
  • You must be unable to afford to attend university without a bursary
  • You must be from a disadvantaged background

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How to apply

Applications must be submitted in either of the following ways:

– Apply online: SARB Bursary Application 2023

Applicants will be required to Register an Account before they can Login and Apply.

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Applicants must use the following promotional code: SARB2023

– Download and complete the SARB Bursary Application Form 2023 (.pdf)
Hardcopy applications must be submitted in either of the following ways:

  • Email: [email protected]
  • Fax: 086 609 7183
  • Post: Mr John Legoete, P.O. Box 30632, BRAAMFONTEIN, 2017

Submit clear copies of the following supporting documentation along with your application (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):

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  • ID document (certified copy)
  • Matric June results, if currently in Matric (certified copy)
  • Matric certificate, if completed Matric (certified copy)
  • Proof of acceptance at university for the 2023 academic year (on institutions letterhead)
  • Motivational essay to support your application (approximately 250 words) (read our tips on writing a motivational letter for your bursary application)

Bursary Application Closing Date: 30 September 2022

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