South African Reserve Bank External Bursary Scheme for undergraduate studies
The studies that students intend to pursue shall have a bearing on, but shall not be limited to, the functions and activities of the South African Reserve Bank (SARB).
For more information on the SARB, visit its website: www.resbank.co.za.
What the South African Reserve Bank does
The SARB serves the economic well-being of all South Africans through maintaining price stability and financial stability. It is responsible for regulating the South African financial sector, designing and distributing banknotes and coin, managing interest rates, setting the cash reserve requirement for banks, and ensuring the stability of both the banking sector and the wider financial system.
The purpose of the bursary
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 qualifying prospective undergraduates.
Requirements to qualify for the bursary
For students to be considered for the bursary, they must meet the following requirements:
- have provisional acceptance into an undergraduate degree at a South African university;
- have 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;
- be younger than 30 years of age; and
- be in financial need (unable to afford to attend university without a bursary).
How to apply
The closing date for the submission of applications is Tuesday, 30 September 2025. Late applications will not be considered.
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: SARB2026.
Submit by post to:
Dimpho Nkoana
POSTNET Suite 101
Private Bag X153
Bryanston
2021
or
Email: sarbbursary@ttibursaries.co.za
or
Bursary agreement
Potential external bursars will be required to avail themselves for interviews. Successful applicant(s) for the bursary will be expected to sign an agreement with the SARB.