ERD Economics External Bursary 2025

South African Reserve Bank External Bursary Scheme for the Economic Research Department’s Economics Programme

Overview: The South African Reserve Bank (SARB) invites aspiring economists entering their first year of undergraduate studies in the 2025 academic year to apply for its external bursaries programme.

What the South African Reserve Bank Does: The SARB serves South Africa by maintaining price and financial stability. It regulates the financial sector, manages interest rates, designs currency, and ensures banking sector stability.

Purpose of the Bursary: To address skills shortages, SARB provides scholarships and bursaries to students in relevant fields from disadvantaged backgrounds. This supports SARB's corporate social initiatives and External Bursary Scheme.

Requirements to Qualify for the Bursary:

• Provisional acceptance into an undergraduate degree in economics or related fields
• Achieved an average pass mark of 70% in current year of study, with strong English and Mathematics performance (70% and above)
• Younger than 30 years of age
• Demonstrated financial need (unable to afford university without a bursary)

Fields Covered: SARB’s Economic Research Department offers bursaries in:

• Economics
• Economics and Econometrics
• Economics and Mathematical Statistics
• Economic Science

How to Apply:

• Submit application by Monday, 30 September 2024.
• Include examination results, proof of university acceptance, and any other required documents.
• Use PROMO CODE: SARBERD25.
• Submit via post to: Dimpho Nkoana, POSTNET Suite 101, Private Bag X153, Bryanston 2021
• Email: [email protected]
• Online applications: TTI Bursaries

Bursary Agreement:

• Potential bursary recipients may be interviewed.
• Successful applicants will sign an agreement with the SARB.