SARB (South African Reserve Bank) Bursaries 2023: Grade 12 Pupils With 70% Passing Mark Can Receive Financial Aid

About the SARB (South African Reserve Bank)
The South African Reserve Bank, or also known as the SARB, is a recognised establishment that is responsible for ensuring protection of country’s value of the currency. Promoting sustainable methods of maintaining economic growth, the SARB is a key player in driving financial stability in the nation. Additionally, the SARB is tasked with the regulation of financial institutions, managing the national payment system, becoming the banker to the government, and more. Taking accountability and excellence into their core values, the SARB conducts their activities with total integrity and trust.

About the SARB (South African Reserve Bank) Bursaries 2023
SARB (South African Reserve Bank) is offering financial assistance for South African students who are currently in their first academic year in university. The SARB (South African Reserve Bank) Bursaries is an all-inclusive programme that welcomes people of all different backgrounds and originating from disadvantaged backgrounds. As an awardee, you will be provided with the necessary support to chase after your academic qualification. If you display exemplary academic scores and valuable qualities as a student, you are more than encouraged to give this opportunity a shot.

Awardees of the bursaries have the choice to review their financial aid on yearly basis. However, please be kindly informed that the total number of students and any bursary costs will be reviewed to meet on-going demands.

Additionally, awardees will be required to participate in vacation work opportunities held by the Bank.

The SARB (South African Reserve Bank) Bursaries are available for the following study courses:

  • Law and Accounting
  • Medicine
  • Actuarial Sciences
  • Economics
  • Social Work
  • Dentistry
  • Mathematical Statistics
  • Information Technology
  • Finance

If you find this to be a suitable opportunity for you, don’t hesitate to register for the SARB (South African Reserve Bank) Bursaries.

Eligibility Criteria
The SARB (South African Reserve Bank) Bursaries are available for anyone who is keen on receiving financial assistance for their studies. To be qualified for the bursaries, candidates should fulfill each of these items below. All of these requirements will determine whether you’d make a suitable fit for the bursaries or not. To guarantee a successful application, make sure you follow everything that is asked for.

The SARB (South African Reserve Bank) Bursaries Eligibility Criteria:

  • Officially recognized as a citizen of South Africa
  • Grade 12 pupils
  • Below 30 years old
  • Obtained at least a 70% average passing mark
  • Shown to be undergoing through financial circumstances.

Application Instructions
Download application form: SARB (South African Reserve Bank) Bursaries 2023.

Make sure you get the application form in order to get started. Skim through all of the questions and read through the instructions before writing down your answers.

Candidates must attach the following documents to their application form:

  • A certified copy of your June (current year) Matric results;
    • Or, a certified copy of Matric results if finished before current year
  • A legitimate proof of acceptance at an accredited tertiary institution
  • A complete essay explaining why you deserve the bursary (maximum 250 words)
  • A certified copy of your South African Identity Document.

All these documents should be included with your application form. Incomplete dossiers will be disqualified from registrations.

Once you have compiled all of your items, please send them in through either one of the following methods:
Postal Carriage
Mr John Legoete


Fax: +27 86 609 7183


Email Address: [email protected]

Only applications sent through one of the methods above will be accepted. Please make sure that you get the addresses right to prevent issues with your submissions.

Please be kindly informed that all the information you provide will be utilised for registration purposes. Therefore, candidates are advised to check whether you have offered the correct details.

Closing Date
Applications for the SARB (South African Reserve Bank) Bursaries must be submitted before the closing date on 30 September 2022.

The selection committee does not tolerate any late applications. Candidates discovered to be sending in their applications past the deadline, you are immediately disqualified from the recruitment process.

Only shortlisted candidates will be notified by the selection committee of their acceptance. If you do not hear back from the committee within 1 months past the closing date, we regret to inform you that you have not been chosen for the bursaries.

The SARB (South African Reserve Bank) holds all rights to award a bursary or not to any candidates. All decisions made by the selection committee are final.

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