South African Reserve Bank Bursary 2025-2026
About the Company – SARB:
The South African Reserve Bank (SARB) is the central bank of South Africa, established in 1921 following the passing of the “Currency and Bank Act of 10 August 1920” in Parliament. Prior to its establishment, commercial banks in South Africa issued banknotes to the public. The SARB’s primary objective is to maintain price stability for sustainable economic growth in the country. It operates autonomously and administers customs service and the tax system in South Africa. The SARB plays a pivotal role in ensuring that the country’s banking, money, and financial systems meet community requirements, align with international developments, and provide macroeconomic policy data to the government and other economic community members. Additionally, it informs the South African community and international stakeholders about the country’s monetary policy and economic status.
About the SARB Bursary Program – Fields Covered:
The South African Reserve Bank (SARB) is offering an external bursary scheme for the 2025-2026 academic year. The program provides bursaries for undergraduate studies in fields related to the functions and activities of the South African Reserve Bank (SARB). Eligible fields may include Accounting, Actuarial Science, Economics, Finance, Information Technology, Law, Mathematical Statistics, as well as Dentistry, Medicine, and Social Work.
More About the SARB Bursary Program:
Bursaries are reviewed annually, and there is no need for bursary recipients to reapply for funding each year. Recipients will have the opportunity to participate in vacation work funded by the Bank. Shortlisted candidates will be contacted within one month of the application closing date, and candidates may be required to undergo testing and attend an interview before being awarded a bursary. Bursary recipients will need to sign an agreement with the SARB.
Eligibility Requirements for the SARB Bursary:
To be eligible for the SARB bursary, applicants must meet the following minimum criteria:
- South African citizenship
- Age under 30 years old
- Completion of Matric or currently in Matric
- Intention to study full-time toward an undergraduate qualification in a field related to the functions and activities of the SARB
- Enrollment in the first year of study in 2025-2026
- Acceptance or provisional acceptance to study at a recognized and accredited South African university
- Minimum overall average of 70% for Matric June exams
- Financial need and inability to afford university without a bursary
- Disadvantaged background
How to Apply for the SARB Bursary:
Applications can be submitted through either of the following methods:
Online Application:
- Register on the CareerWise platform using the promotional code SARB2025-2026.
- Enter “Uni24.co.za” as the source where you heard about the SARB bursary.
- Complete the online application form.
- Upload required supporting documents (see below).
Manual Application:
- Download and complete the SARB Bursary Application Form 2025-2026 using the promotional code SARB####. (Where ### is the year of application)
- Enter “Uni24.co.za” as the source where you heard about the SARB bursary.
- Collect copies of supporting documents (see below).
- Submit your completed application form and supporting documents via email to applications@careerwise.co.za, by post to Mr. John Legoete at P O Box 30632, Braamfontein, 2017, or by fax to 086 609 7183.
Required Supporting Documents:
Submit clear copies of the following documents along with your application (compulsory):
- ID document (certified copy)
- Matric June results (certified copy), if currently in Matric
- Matric final results/certificate (certified copy), if completed Matric
- Proof of acceptance at a university for the 2025-2026 academic year (on institution’s letterhead with student number)
- Motivational essay to support your application (approximately 250 words)
Closing Date for the SARB Bursary:
The closing date for applications is September 30. Ensure that your application is submitted before this date for consideration.
Contact Information for the Bursary Provider:
For inquiries related to this bursary program, please contact Career Wise, the administrators for the SARB bursary, directly:
- Tel: 011 258 4464
- Email: info@careerwise.co.za
