South African Reserve Bank Bursary 2020 – 2021

Bursaries will be awarded within fields of study related to the bank, including:

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

South African Reserve Bank Bursary 2020 – 2021


Bursary recipients will be able to undertake paid vacation work with the SARB. On completion of their qualification, students will be required to work at SARB for the period of time equal to their bursary awarded.

Candidates may be required to undergo testing and attend an interview before being awarded a bursary.

Only shortlisted candidates will be contacted – if you do not receive any feedback within 1 month of the closing date, please accept that your application was unsuccessful.


Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):

  • South African citizen
  • Under 30 years old
  • Completed Matric OR currently in Matric
  • Accepted to study full-time within one of the aforementioned fields of study
  • Accepted to study at a recognised university in South Africa
  • Entering your 1st year of study in 2021
  • Achieved a minimum overall average of 70% for your current year of study
  • Proven financial need
  • Would not be able to afford to attend university without a bursary
  • From a disadvantaged background


Applications can be submitted in one of the following ways:
1) Online at: here
(Promo code: SARB2021)

2) Download and complete the SA Reserve Bank Bursary Application Form (.pdf)

Hardcopy applications must be returned via:
– Email:
– Fax: 086 609 7183
– Post:
Mr John Legoete
P.O. Box 30632

Submit clear copies of the following supporting documentation along with your completed application form (the submission of these documents is compulsory – if any items are missing, your application be disregarded):

  • ID document (certified copy)
  • Matric June results, if currently in Matric (certified copy)
  • Matric certificate, if completed Matric (certified copy)
  • Proof of acceptance to study at a recognized tertiary institution
  • Motivational essay to support your application (approximately 250 words)

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