South African Reserve Bank Bursary 2023/2024 for South Africans | How to apply for South African Reserve Bank bursaries program online, application form pdf download, requirements, eligibility, and South African Reserve Bank bursary application closing date 2023/2024.
Are you a student looking for Companies that offered Bursaries in South Africa 2023? The South African Reserve Bank invites an application from suitably and qualifies students for their bursary program 2023/2024.
Every day, Students are pondering the net about:
- How to Apply for Bursary 2023
- Companies offering Bursaries in South Africa
- Who Qualifies for a Bursary in South Africa
- How Do I Get Bursary?
- How Does Bursary Work?
If you are successfully enrolled with a University you can apply for a bursary.
Let’s dive into the full information about South African Reserve Bank bursaries and application details in 2023.
A bursary is a monetary award made by any educational institution or funding authority to individuals or groups. It is usually awarded to enable a student to attend school, university, or college when they might not be able to, otherwise. Some awards are aimed at encouraging specific groups or individuals into the study.
Overview of South African Reserve Bank Bursary Program 2023/2024
The South African Reserve Bank (the Bank) offers bursaries to students from a disadvantaged background, who wish to pursue studies in fields that are relevant to the banking industry. These fields include Economics, Information Technology, Finance, Actuarial Sciences, Mathematical Statistics, Law and Accounting. The bursary scheme was established as a solution to address the shortage of skills in South Africa.
The bursary covers one-off payment for books, accommodation (university accommodation only) and tuition fees, which will be made payable to the student. It will be reviewed every academic year depending on the bursary holder’s results, however, they don’t need to reapply for the bursary renewal. All bursary holders are required to submit their examination results before December 31 of each year.
SARB also provides vacation work opportunities for the bursary holders. Upon completion of studies, bursary holders will also be required to work for SARB for a period equivalent to the bursary duration, otherwise, full payment of the bursary must be refunded to SARB.
About South African Reserve Bank
The South African Reserve Bank (SARB) was founded in 1921 and is the central bank of South Africa. SARB’s main purpose is to maintain price stability for sustainable economic growth as well as financial stability in South Africa.
The bank’s responsibility includes formulation and implementation of monetary policy, banknotes issuance, supervision of the banking industry, assurance of national payment system functions, management of fold and foreign exchange reserves, acting as government banker, administration of country’s exchanges and acting as last resort lender.
SARB Bursary Requirements and Eligibility
- Minimum 60% rating in the June Matric/Grade 12 examinations
- South African university acceptance
- South African citizens
- 30 years old and below
- At least 70% average
How to Apply and Application Details
Applications can be submitted in one of the following ways:
- Online at: http://careerwise.co.za/applications/registrations/. (Promo code: SARB2023)
- Download and complete the SARB Bursary Application Form (pdf) or contact SARB-Bursaryapplications@resbank.co.za to acquire the latest application form.
Submit certified copies of the following documents:
-
- June (current year) matric results or Matric results if completed before the current year
- Matric certificate, if completed Matric (certified copy)
- Proof of acceptance at an accredited institution
- Essay of 250 words to motivate your case
- South African ID
Application form and complete documents should be submitted through either of the following methods:
-
- Post: Mr. John Legoete, P.O. Box 30632 BRAAMFONTEIN 2017
- Fax: 086 609 7183
- Email: applications@careerwise.co.za / SARB-Bursaryapplications@resbank.co.za
Only shortlisted applicants will be contacted. If you have not received any response within one month after the application deadline, please consider your application as unsuccessful.
Closing Date
30 September annually
Contact Details
Make sure to read every detail of your Bursary contract. Not every company offers the same rewards and some companies will ask you to work for them as long as you have held the bursary.
However, if you have queries regarding the South African Reserve Bank bursary application 2023, Please kindly DROP A COMMENT below and we will respond to it as soon as possible.
BE SOCIAL BY SHARING THIS POST WITH OTHERS!
Kindly want to write this comment because I am ameanable to please you to assist me financially 2023 . I applied a commerce career at University of fort hare