South African Reserve Bank External Bursary Scheme for Undergraduate Studies

Overview: The South African Reserve Bank (SARB) offers bursaries to Grade 12/Matric pupils from disadvantaged backgrounds to pursue full-time undergraduate studies that align with the functions and activities of the SARB.

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 bursaries to needy Grade 12/Matric pupils for undergraduate studies. This supports SARB's corporate social initiatives and External Bursary Scheme.

Requirements to Qualify for the Bursary:

• Provisional acceptance into an undergraduate degree at a South African university
• Achieved an average pass mark of 70% in June Grade 12/Matric exams (final award subject to final results)
• Younger than 30 years of age
• Demonstrated financial need (unable to afford university without a bursary)

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: SARB2025.
• 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.