South African Reserve Bank SARB Economics Bursary
SARB Economics Bursary 2025 (Closing Date: 30 September 2024)
About the SARB Economics Bursary
The South African Reserve Bank (SARB) Economics Bursary is designed to support deserving South African students who are passionate about pursuing a career in economics, finance, and related fields. The bursary aims to identify and nurture talented individuals who will contribute to the economic development of South Africa. SARB is committed to supporting education and skill development in areas critical to the country’s economic growth.
Fields of Study Covered by the SARB Economics Bursary
The bursary is available to students pursuing undergraduate and postgraduate degrees in fields directly related to the South African Reserve Bank’s core mandate, including:
- Economics
- Finance
- Banking
- Econometrics
- Monetary Policy
- Risk Management
- Financial Law
Eligibility Criteria
To qualify for the SARB Economics Bursary, applicants must meet the following requirements:
- South African Citizenship: Applicants must be South African citizens with a valid South African ID.
- Field of Study: Applicants must be enrolled or accepted to study in one of the relevant fields at an accredited South African university.
- Academic Achievement: Undergraduate applicants must have achieved at least a 70% average in their previous year of study, while postgraduate applicants should have maintained high academic performance in their preceding qualifications.
- Financial Need: The bursary is aimed at students who are financially disadvantaged and require support to continue their studies.
- Full-Time Study: Applicants must be studying full-time toward their degree.
- Postgraduate Applications: Postgraduate applicants must have a clear research proposal and topic aligned with economic issues that relate to SARB’s work.
Benefits of the SARB Economics Bursary
The SARB Economics Bursary provides comprehensive financial support, covering:
- Tuition Fees: Full or partial coverage of tuition fees for the academic year.
- Study Materials: An allowance for textbooks and other learning materials.
- Accommodation and Living Expenses: Funding may be provided to support students who require accommodation, particularly those studying away from home.
- Travel Expenses: Support for students who need to travel to their place of study.
The bursary amount will be determined based on the individual’s financial needs and academic merit.
Application Process
Interested students must follow these steps to apply for the SARB Economics Bursary:
- Complete the Application Form: The application form can be downloaded from the SARB website or obtained from their offices.
- Prepare Supporting Documents: Submit the following documents along with the completed application form:
- Certified copy of South African ID.
- Most recent academic transcripts.
- Proof of registration or acceptance at a South African university.
- Motivational letter explaining why the applicant deserves the bursary and their career goals in economics.
- For postgraduate students, a research proposal outlining the intended area of study.
- Submit the Application: Applications and all supporting documents must be sent via email or post to SARB before the deadline.
- Application Deadline: The closing date for applications is 30 September 2024.
Selection Process
The SARB Economics Bursary selection process is highly competitive. Applicants will be evaluated based on academic excellence, financial need, and alignment of their studies with SARB’s economic focus areas. Shortlisted candidates may be required to attend an interview, and successful applicants will be notified by the end of November 2024.
Obligations of Bursary Recipients
Bursary recipients are expected to maintain good academic standing throughout their studies. In some cases, recipients may be required to work at the South African Reserve Bank or another related entity for a specified period after completing their studies.
Contact Information
For more information about the SARB Economics Bursary, contact:
- Website: South African Reserve Bank
- Email: bursary@resbank.co.za
- Phone: +27 (0)12 313 3911
