Applications are now open for South African Reserve Bank External Bursary Scheme 2024 for Undergraduate Studies.The SARB, as part of addressing the severe shortage of skills in South Africa, provides scholarships and bursaries
to students in relevant fields of study who are from disadvantaged backgrounds.
In support of the corporate social initiatives of the SARB and its External Bursary Scheme, a number of external
scholarships and bursaries are made available annually to needy qualifying Grade 12/Matric pupils (external bursars)
to embark on full-time studies. Also Apply: South African Reserve Bank External Bursary Scheme 2024 for the Economic Research Department’s Economics Programme
Requirements to qualify for the bursary
For students to be considered for the bursary, they have to meet the following requirements:
- provisional acceptance into an undergraduate degree at a South African university;
- having achieved an average pass mark of 70% in the June
- Grade 12/Matric examinations, with the final awarding of
the bursary subject to final results; being younger than 30 years; and
- being in financial need (unable to afford to attend university without a bursary).
How to Apply – South African Reserve Bank External Bursary Scheme 2023
The closing date for the submission of applications is Saturday, 30 September 2023. Late applications will not be
Examination results, proof of acceptance at a recognised institution (a student number) and any other supporting
documents must be submitted with the application. Use PROMO CODE: SARB2024.
Submit by post to:
Mr John Legoete
South African Reserve Bank
P O Box 30632
Fax: 086 609 7183
Email: [email protected]
Online applications: https://careerwise.co.za/bursaries/online-application/applicant-registration/
The SARB serves the economic well-being of all South Africans through maintaining price stability and financial
stability. It is responsible for the regulation of the South African financial sector, the design and distribution of
banknotes and coin, the management of interest rates, setting the cash reserve requirement for banks, and
ensuring the stability of both the banking sector and the wider financial system.
For more Information: Visit the website for South African Reserve Bank External Bursary Scheme 2023