The South African Reserve Bank (the Bank), offer bursaries to all young South Africans students in relevant fields of study who are from disadvantaged backgrounds.
Aim of this bursary scheme is to assist financially needy students who obtain good results in Matric/Grade 12 and who want to study in fields relevant to the Bank.
Criteria for awarding bursaries
Over and above the criteria set out in paragraphs 1 to 3 above, the following will be used as guidelines in the awarding of bursaries:
- Bursaries will be awarded to students who obtain 70 per cent in the June Matric/Grade 12 examinations with final awarding subject to final results and enrolment acceptance at a South African university
- Bursaries will be awarded to South African citizens only.
- Only students who would not have the means of attending university, had it not been for a bursary, would be considered.
Studies for which bursaries will be granted
The studies that students intend to pursue shall have a bearing on, and be applicable to, the functions and activities of the Bank. (For more information on the Bank, visit the Bank’s website:
- The studies that students intend to pursue shall have a bearing on, and be applicable to, the functions and activities of the Bank. (For more information on the Bank, visit the Bank’s website:www.reservebank.co.za).
- This includes, for example, Economics, Actuarial Sciences, Mathematical Statistics, Information Technology, Finance, Law and Accounting, and excludes for example, Medicine, Dentistry and Social Work.
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.
The Bank will have first right of refusal with regard to funded students, that is, bursary holders will be obliged to work for the Bank after completion of their studies, unless the Bank chooses not to employ them.
Students who choose not to work for the Bank despite the Bank offering them a position after completing their studies will be required to pay the full cost of the bursary back to the Bank.
How To Apply For South African Reserve Bank (SARB) Bursary 2019
You are to post the application to;
Mr John Legoete
P.O. Box 30632
or Fax: 086 609 7183
or Email: email@example.com
Deadline: September 30th 2019