South African Reserve Bank (SARB) Bursary Application 2024

The South African Reserve Bank (SARB) bursary application for the 2024 academic year is open. This bursary is available for Grade 12 students or students who have already written their matric, so if you fall into this category of students, seize this opportunity.

This article will provide information about the SARB bursary, its eligibility requirements, how to apply, the documents to be submitted, and the application closing date.

About SARB Bursary

The South African Reserve Bank is South Africa’s central bank which is responsible for monetary policy, currency issuance, bank supervision, foreign exchange reserves, economic research, financial stability, and providing banking services to the government and financial institutions.

The SARB bursary is awarded to undergraduate students who study courses in fields related to (but not limited to) the operations of the organization like: Accounting, Actuarial Science, Economics, Finance, Information Technology, Law, Mathematical Statistics, as well as Dentistry, Medicine and Social Work.

The SARB Bursary will cover the tuition fees and other expenses of its recepients, and recipients will have the opportunity to partake in vacation work, funded by the Bank.

Eligibility Requirements

For a student to be considered eligible for the SARB bursary, he/she has to meet up with all of the following requirements:

• You must be a South African citizen
• You must be under the age of 30 years old
• You must have completed Matric or be currently in Matric
• You must intend on studying full-time towards an undergraduate qualification, in a field of study not be limited to the functions and activities of the SARB
• You must be entering your 1st year of study in 2024
• You must have been accepted or provisionally acceptance to study at a recognised and accredited university in South Africa
• You must have achieved a minimum overall average of 70% for your Matric June exams
• You must be in financial need
• You must be unable to afford to attend university without a bursary
• You must be from a disadvantaged background

Required Documents

Before you begin your application for the SARB bursary, you need to get copies of the following documents ready cause they will be demanded from you:

• ID document (certified copy)
• Matric June results, if currently in Matric (certified copy)
• Matric final results/ certificate, if completed Matric (certified copy)
• Proof of acceptance at university for the 2024 academic year
• Motivational essay to support your application

How to Apply for SARB Bursary

To apply for this bursary, you can either apply online OR manually. Follow the steps below to apply.

Manual Application

1. Download the SARB bursary application form for 2024
2. Fill in the application form
3. Ready your copies of required documents
4. You can submit a digital copy of the form and documents to this E-Mail address:
   • [email protected]
5. You can print out copies of the form and documents and send it to this address:
   • Mr John Legoete, P O Box 30632, Braamfontein, 2017

Online Application

1. Register on Careerwise website
2. Use the promotional code SARB2024 when registering
3. After registering, log into the platform
4. Begin your online application
5. Upload copies the required documents

Closing Date

The South African Reserve Bank bursary will stop accepting applications after the 30th of September 2023, so you have to apply and submit on or before that day.