Unlock your academic potential with the South African Reserve Bank (SARB) External Bursary Scheme for 2027. Applications are open until 30 September 2026, offering a unique opportunity for financially disadvantaged students to pursue undergraduate studies in fields critical to the nation’s economic stability.
About the Opportunity
The South African Reserve Bank is committed to fostering educational growth through its External Bursary Scheme, aimed at supporting prospective undergraduate students in the 2027 academic year. This initiative is part of SARB’s corporate social responsibility to address the shortage of critical skills in South Africa. The bursary is designed for students whose studies align with the functions and activities of the SARB.
Closing Dates
Mark your calendars! The application deadline is 30 September 2026. Late submissions will not be considered.
Key Responsibilities
Successful applicants will be expected to maintain academic excellence and comply with the terms of the bursary agreement. They may also be required to attend interviews as part of the selection process.
Requirements/Qualifications
Applicants must meet the following criteria:
- Provisional acceptance into an undergraduate program at a South African university.
- Achieved a minimum average of 70% in the June Grade 12/Matric exams.
- Final bursary award contingent on final Grade 12 results.
- Under 30 years of age.
- Demonstrated financial need.
Fields of Study
Eligible fields of study include, but are not limited to:
- Economics
- Finance
- Accounting
- Banking
- Financial markets
- Risk management
- Data and analytics
- Law
- Information technology
Benefits
The bursary provides financial assistance to cover tuition and other related costs, enabling students to focus on their studies without the burden of financial constraints.
Documents Required
Applicants must submit:
- Examination results
- Proof of acceptance at a recognized South African university
- Student number
- Additional documents as specified in the application form
Bursary Agreement
Successful candidates will be required to sign a bursary agreement with the SARB, outlining the terms and conditions of the award.
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