Key Facts
- Status
- Applications Open
- Provider
- Field of Study
- Study Level
- Academic Year
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2027
- Application Closes
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Eligibility Requirements
- South African citizen
- Provisional acceptance into an undergraduate degree at a South African university for 2027
- At least 70% average in the June Grade 12/Matric examinations (final awarding still subject to final results)
- Under 30 years of age
- Field of study relevant to the SARB's functions and activities
- Demonstrated financial need
Documents Needed
- Grade 12/Matric examination results
- Proof of acceptance at a South African university (student number, where available)
- Certified copy of South African ID document
- Proof of household income or other evidence of financial need
- Any other supporting documents specified on the application form
About South African Reserve Bank Bursary
The South African Reserve Bank Bursary - officially the SARB External Bursary Scheme - funds academically strong, financially disadvantaged South African students entering their first year of undergraduate study in fields relevant to the Bank's work, including Economics, Finance, Accounting, Actuarial Science, Information Technology, and Law.
The scheme is run by the SARB to build a pipeline of skilled graduates in areas that support central banking and financial regulation in South Africa, rather than to fund study in any field. Applications are administered on the Bank's behalf by TTI Bursaries.
This is a separate programme from the South African Reserve Bank Scholarship (see the related listing), which funds a single Fine Arts student each year rather than undergraduate study in economics- and finance-related fields.
Funding Details
The bursary is reported to be capped at up to R120,000 per student per year, covering tuition fees, accommodation, and study materials such as textbooks.
Where You Can Study
The scheme is not restricted to a fixed list of universities. It supports full-time undergraduate study at any recognised South African university, in fields relevant to the SARB's work, such as Economics, Finance, Accounting, Actuarial Science, Information Technology, and Law.
About South African Reserve Bank
The South African Reserve Bank (SARB) is the country's central bank, responsible for setting and implementing monetary policy, issuing currency, and safeguarding the stability of the broader financial system. Based in Pr…
View full provider profile →- Address
- 370 Helen Joseph Street, Pretoria, 0002
- Phone
- +27 12 313 3911
Fields of Study & Who Can Apply
- South African citizens with provisional acceptance into an undergraduate degree at a South African university for 2027
- Achieved at least 70% average in the June Grade 12/Matric examinations
- Younger than 30 years old
- Studying, or planning to study, a field relevant to the SARB's functions
- Demonstrates financial need
Application Procedure
Apply directly with the provider using the official application link below, before the closing date.
- Closes
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Last verified:
Frequently Asked Questions
Is this the same as the SARB Art Scholarship?
No. This bursary funds undergraduate study in fields relevant to the SARB's work, such as Economics, Finance, Accounting, and Law. The separate SARB Scholarship funds one Fine Arts student per year - see that listing for details.
What average do I need?
At least 70% in your June Grade 12/Matric examinations, though final awarding depends on your final Matric results.
Is there an age limit?
Yes - applicants must be under 30 years old.
What fields of study qualify?
Fields relevant to the SARB's functions, most commonly Economics, Finance, Accounting, Actuarial Science, Information Technology, and Law.
How do I apply?
Applications can be submitted by post, by email, or online, as detailed on the SARB's External Bursary Scheme page (linked above). Applications are administered by TTI Bursaries on the Bank's behalf.
