Bursary description:

  • The South African Reserve Bank is the country’s central bank. It was founded in 1921 after Parliament approved the “Currency and Bank Act of 10 August 1920,” in response to the atypical monetary and  financial conditions brought on by World War I.
  • The fundamental goal of the South African Reserve Bank is to maintain the currency’s value in the interest of a balanced and long-term economic growth in the country. 
  • The bank employs many people throughout the country and also assists students with bursaries.
  • For the bursary, students will get support for the first year if they are selected. Depending on  academic success, it is then renewed for the next year. Students, on the other hand, are not needed  to apply again.
  • Additionally, bursars will have a paid holiday employment opportunity with the South African  Reserve Bank as  part of their bursary privileges.

Must be interested in enrolling or studying the following degrees:

  • Law
  • Finance
  • Economics
  • Accounting
  • Mathematical Statistics
  • Computer Science/Information Technology
  • Actuarial Science

Bursary requirements:

  • Should be a South African citizen.
  • Should be pursuing a degree in the above mentioned fields.
  • Should have achieved an average of 70% and above for their current studies.
  • Should provide proof stating they need financial assistance for their studies.
  • Should be interested in enrolling at recognized or accredited South African university.
  • Should have a valid South African ID document.

How to apply:

  • Applications should be completed online by clicking the Apply Here button below.

The following documentation may be required for the bursary application:

  • Certified copy of your South African ID (Less than 3 months old).
  • Documentation of why you need financial assistance, this can include parent’s pay slip and a motivational letter.
  • Acceptance letter/document from the university stating you have been accepted for the enrollment of the studies you will be pursuing.
  • Certified copy of your latest academic record for university students.
  • Certified copy of your Academic record (Grade 12 latest academic record/Grade 11 final academic record).