The South African Reserve Bank (SARB) invites South African students to apply for Bursary Programme 2025 academic year.
Bursary Application Closing Date: 30 September 2024
The South African Reserve Bank (SARB) is dedicated to supporting the economic well-being of all South Africans by maintaining price stability and financial stability. In pursuit of this, the SARB regulates the financial sector, manages interest rates, and ensures the stability of the banking sector and broader financial system.
Purpose of the Bursary
The SARB bursary aims to address the skills shortage in South Africa by providing financial assistance to students from disadvantaged backgrounds who wish to pursue studies in fields relevant to the SARB’s functions. These fields are not limited but should align with the SARB’s role in the financial sector.
Eligibility Criteria
To qualify for the SARB bursary, applicants must meet the following criteria:
- Provisional acceptance into an undergraduate degree program at a South African university.
- Academic performance: An average pass mark of 70% in the June Grade 12/Matric examinations, with the final award subject to final exam results.
- Age: Applicants must be younger than 30 years of age.
- Financial need: Applicants must demonstrate that they are unable to afford university education without a bursary.
Application Process
- Deadline: Applications must be submitted by Monday, 30 September 2024. Late applications will not be considered.
- Required documents: Applicants should submit their examination results, proof of acceptance at a recognised institution (a student number), and any other supporting documents.
- Promo Code: Use PROMO CODE: SARB2025 when applying.
Submission Options
Applications can be submitted through the following methods:
- Post:
Dimpho Nkoana
POSTNET Suite 101
Private Bag X153
Bryanston
2021Bursary Agreement
Successful candidates will be required to attend interviews and sign an agreement with the SARB. This agreement will outline the terms and conditions of the bursary, ensuring commitment from both parties.
For more details about the South African Reserve Bank, visit their website: www.resbank.co.za.
