The South African Reserve Bank Bursary Scheme
South African Reserve Bank
The SARB is looking for Matric / Grade 12's who are from disadvantaged backgrounds and who want to study in fields relevant to the Bank. This includes, for example, Economics, Actuarial Sciences, Mathematical Statistics, Information Technology, Finance, Law and Accounting, and excludes for example, Medicine, Dentistry and Social Work. Examination results, university enrolment form (student number) and any other supporting documents must be submitted with the application form.
Application to be posted to:
Mr John Legoete
P.O. Box 30632
or Fax: 086 609 7183
or Email: firstname.lastname@example.org
Please use the following promotional code: SARB2020
, Actuarial Science
, Information Technology
Who Can Apply
Matrics must obtain a 70% average mark in the their June Grade 12 examinations to be considered, and must maintain that standard in their final exams. Only students who are South African citizens and who would not have the means of attending university, had it not been for a bursary, would be considered.
Which Countries can Apply?
Students accepted into the scheme will be fully funded, including for their accommodation and sundry expenses. In return they must be willing to work for the Bank on a first-right-of-refusal basis; if offered a job and they turn it down, they will have to repay the cost of the bursary.
A bursary will be granted from the first academic year and reviewed annually. Bursary holders need not reapply for the bursary each year. The total number of students and related bursary costs will be reviewed annually. The Bank will provide students who are Bank bursary holders, vacation work opportunities that are funded by the Bank.
30 September 2021
South African Reserve Bank, Cape Town, South Africa