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About the South African Reserve Bank External Bursary Scheme
The South African Reserve Bank (SARB) External Bursary Scheme 2026 is now open for applications. This bursary scheme is designed to support academically gifted South African students who are unable to fund their university education.
SARB plays a crucial role in maintaining the country’s economic stability. It is responsible for setting interest rates, regulating financial institutions, managing currency distribution, and ensuring the overall financial system’s stability. Through this bursary scheme, SARB aims to invest in the next generation of professionals who will contribute meaningfully to South Africa’s financial and economic sectors.
Eligible Fields
The bursary is aimed at students pursuing undergraduate degrees in fields relevant to the functions of the South African Reserve Bank, including but not limited to:
- Economics
- Finance
- Accounting
- Law
- Mathematical Statistics
- Actuarial Science
- Information Technology
- Data Science
- Computer Science
- Risk Management
Students must be enrolling in a recognised South African university for any of the above disciplines.
Eligibility Criteria
To be considered for the SARB External Bursary Scheme 2026, applicants must meet the following criteria:
- Must have provisional acceptance into an undergraduate programme at a South African university.
- Must have achieved an average of at least 70% in their June Grade 12/Matric examinations. Final awarding is subject to the final year-end results.
- Must be younger than 30 years old at the time of application.
- Must be financially needy—unable to afford university education without bursary support.
Only students who meet all the above requirements will be considered.
Selection Criteria
Selection is based on both academic excellence and financial need. Students who show a strong academic track record and a clear commitment to their future studies will be prioritised. In addition:
- Shortlisted applicants may be required to attend interviews as part of the final selection process.
- Final selection will only be confirmed after the submission of Grade 12 final results and proof of university admission.
Successful applicants will also be required to sign a bursary agreement with the South African Reserve Bank.
Eligible Countries
The bursary is only available to South African citizens. Applicants must be currently residing in South Africa and must intend to study at a South African university.
Documents Required
Applicants must submit the following documents along with their application:
- June Matric examination results (proof of academic performance)
- Proof of acceptance into a recognised South African university (student number or admission letter)
- Certified ID copy
- Any other relevant supporting documents
Applications without the required documents or submitted after the deadline will not be considered.
Benefits of the South African Reserve Bank External Bursary Scheme
The SARB External Bursary Scheme offers a full financial package to help deserving students complete their undergraduate studies. Benefits include:
- Full coverage of tuition fees
- Payment for prescribed books
- Coverage of accommodation costs (if applicable)
- Living allowances to support basic student needs
Beyond financial assistance, bursary recipients become part of a network of future finance and policy professionals, potentially gaining access to internships and career development opportunities with SARB in the future.
How to Apply
There are three ways to submit your application for the SARB External Bursary Scheme 2026:
Option 1: By Post
Send your completed application along with all required documents to:
Dimpho Nkoana
POSTNET Suite 101
Private Bag X153
Bryanston
2021
Option 2: By Email
Email all documents to:
sarbbursary@ttibursaries.co.za
Option 3: Online Application
Apply directly through the online portal
Important Note:
- The application deadline is 30 September 2025.
- Late applications will not be accepted.
- Use PROMO CODE: SARB2026 when submitting your application.
Final Thoughts
The South African Reserve Bank External Bursary Scheme 2026 is an excellent opportunity for high-performing, financially needy students to gain access to quality education in crucial sectors. If you’re passionate about economics, finance, technology, or public policy and meet the eligibility requirements, don’t miss this chance to apply.
Start preparing your documents today and submit your application before 30 September 2025 to take a meaningful step toward a successful future in South Africa’s economic landscape.
CLICK HERE TO APPLY
See also:
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Apply for the $5,000 Pathways Access Scholarship
