South African Reserve Bank Bursary Scheme 2025

Bursary Details

The South African Reserve Bank (the Bank), as part of addressing the severe shortage of skills in South Africa, provides bursaries to students in relevant fields of study who are from disadvantaged backgrounds.

In support of the corporate social initiatives of the Bank and the Bank’s External Bursary Scheme (the scheme), a number of external bursaries are made available annually to needy qualifying Grade 12 pupils (external bursars) to embark on full-time studies.

Studies for which bursaries will be granted  

The studies that students intend to pursue shall have a bearing on, but not be limited to, the functions and activities of the Bank. (For more information on the Bank, visit the Bank’s website: www.resbank.co.za).

This includes, for example;

• Economics,
• Actuarial Sciences,
• Mathematical Statistics,
• Information Technology,
• Finance,
• Law and Accounting,

but also includes for example,

• Medicine,
• Dentistry 
• Social Work.

Candidate Requirements

• Must be a South African citizen
• Must be younger than 30 years old
• Must have achieved an average pass mark of 70% in your current year of study
• Must be in financial need (unable to afford to attend university without a bursary)

Conditions of Bursary

A bursary will be granted from the first academic year and reviewed annually.

Bursary holders need not reapply for the bursary each year.

The total number of students and related bursary costs will be reviewed annually.

Bursary Inclusion

The Bank will provide students who are Bank bursary holders, vacation work opportunities that are funded by the Bank. 

Field of Study
Accountancy
Clinical Medicine
Economic & Business Sciences
Information Systems
Law
Mathematical Sciences
Oral Health Sciences
Statistics & Actuarial Science
IT