SARB Bursary South Africa

The South African Reserve Bank (SARB) was established in 1921 through the “Currency and Bank Act of 10 August 1920.” 

SARB’s primary mission is to maintain price stability and promote sustainable economic growth.

This national financial authority is dedicated to ensuring the stability of the banking and financial system, supporting the South African government with macroeconomic policy data, and providing transparency to local and international stakeholders on the country’s monetary policy and economic status.

SARB’s bursary program aims to invest in South Africa’s future by offering financial support to talented students pursuing higher education in fields related to its operations. 

The bursary is intended for students entering their undergraduate studies in the 2025 academic year and covers a variety of disciplines that are crucial to the success of SARB’s mission.

Key Details: How to Apply for the SARB Bursary

If you’re passionate about pursuing a career in fields such as accounting, actuarial science, economics, law, information technology, or even medicine and dentistry, this bursary could be the perfect opportunity for you. 

Below is an overview of the application process, eligibility criteria, and the required documents.

Eligibility Requirements

Before applying for the SARB bursary, you need to ensure that you meet the following criteria:

1. You must be a South African citizen.
2. Applicants must be under the age of 30 years.
3. You should have completed your Matric or be in the process of doing so.
4. You must intend to study full-time for an undergraduate qualification in a field related to SARB’s functions.
5. You must have been accepted or provisionally accepted at a recognized and accredited university in South Africa.
6. You must have achieved a minimum of 70% in your Matric June exams or equivalent.
7. You must be from a disadvantaged background and unable to afford university fees without financial assistance.

Failure to meet all these requirements will result in your application being disqualified.

Required Documents

When applying for the SARB bursary, you will need to submit several important documents.

The bursary administrators, TTI Bursaries, require the following:

1. A certified copy of your South African ID document.
2. A certified copy of your Matric June results if you are still in Matric.
3. A certified copy of your Matric final results or certificate if you have already completed Matric.
4. Proof of acceptance or provisional acceptance from a university for the 2025 academic year. The document must be on the university’s letterhead and include your student number.
5. A motivational essay (approximately 250 words) explaining why you are applying for the bursary and how it will help you achieve your academic and career goals.

Application Process

You can apply for the SARB Bursary in two ways:

1. Online Application: Visit the TTI Bursaries platform and apply directly through their online portal.
2. Download and Submit: Alternatively, you can download the SARB External Bursary Scheme application form in PDF format, complete it, and submit it via email or post.

Submission Methods:

• Email: Send your completed application and supporting documents to sarbbursary@ttibursaries.co.za.
• Post: Mail your application to Dimpho Nkoana, POSTNET Suite 101, Private Bag X153, Bryanston 2021.

You have to ensure that all documents are included with your application, as incomplete submissions may lead to disqualification.

Closing Date

The closing date for applications for the 2025 SARB Bursary has already passed on 30 September 2024. 

Selection Process and Interview

After submitting your application, the SARB bursary team will review all applications. 

Shortlisted candidates will be contacted within one month of the application closing date. 

If you do not receive any feedback by this time, consider that your application has not been successful.

Candidates who make it to the shortlist may be asked to attend an interview or undergo testing.

A signed agreement will be required for all bursary recipients. 

This ensures that both the SARB and the recipient are committed to the terms of the bursary throughout the duration of the recipient’s studies.

Contact Information

For more details about the SARB Bursary or assistance with your application, you can reach out to TTI Bursaries, the administrators handling the SARB Bursary scheme.

• Phone: 010 746 4366
• Email: info@ttibursaries.co.za

If you learned about the SARB Bursary through this article, kindly indicate www.bursariesmzansi.co.za in the “How you heard about the bursary” field during your application process.