South African Reserve Bank External Bursary Scheme for Undergraduate Studies 2025

The SARB serves the economic well-being of all South Africans through maintaining price stability and financial stability. It is responsible for regulating the South African financial sector, designing and distributing banknotes and coin, managing interest rates, setting the cash reserve requirement for banks, and ensuring the stability of both the banking sector and the wider financial system.

• Table of Content
• About South African Reserve Bank
• South African Reserve Bank External Bursary Scheme
• Requirements for South African Reserve Bank External Bursary Scheme Qualification
• Application Deadline
• How to Apply

About South African Reserve Bank

The South African Reserve Bank was established in 1921 as a result of unusual financial and monetary conditions stemming from World War I (1914–1918). At the time, commercial banks issued banknotes to the public, which had to be backed by gold. But the price of gold in the United Kingdom rose and became higher than the gold price in South Africa. Therefore, a profit could be made by converting banknotes into gold in South Africa and selling the gold in London. This meant that commercial banks had to buy gold at a higher price in London (for re-import into South Africa to back their ba... continue reading

South African Reserve Bank External Bursary Scheme

Requirements for South African Reserve Bank External Bursary Scheme Qualification

For students to be considered for the bursary, they must meet the following requirements:

• Have provisional acceptance into an undergraduate degree at a South African university;
• Have achieved an average pass mark of 70% in the June Grade 12/Matric examinations, with the final awarding of the bursary subject to final results;
• Be younger than 30 years of age; and
• Be in financial need (unable to afford to attend university without a bursary).

Application Deadline

How to Apply

• The closing date for the submission of applications is Tuesday, 30 September 2025. Late applications will not be considered.
• Examination results, proof of acceptance at a recognised institution (a student number) and any other supporting documents must be submitted with the application.
• Use PROMO CODE: SARB2026.
  
  Submit by post to:
  Dimpho Nkoana
  POSTNET Suite 101
  Private Bag X153
  Bryanston
  2021
  or
  Email: [email protected]
  or
  Online applications: https://ttibursaries.co.za/students/
  
  Bursary agreement
• Potential external bursars will be required to avail themselves for interviews. Successful applicant(s) for the bursary will be expected to sign an agreement with the SARB

For more details, visit South African Reserve Bank External Bursary Scheme webpage