South African Reserve Bank External Bursary Scheme 2027 for undergraduate studies.

The purpose of the bursary

The SARB, as part of addressing the severe shortage of skills in South Africa, provides scholarships and bursaries to students in relevant fields of study who are from disadvantaged backgrounds. In support of the corporate social initiatives of the SARB and its External Bursary Scheme, a number of external scholarships and bursaries are made available annually to qualifying prospective undergraduates.

Requirements

For students to be considered for the bursary, they must meet the following requirements:

• have provisional acceptance into an undergraduate degree at a South African university;
• have achieved an average pass mark of 70% in the June Grade 12/Matric examinations, with the final awarding of the bursary subject to final results;
• be younger than 30 years of age; and
• be in financial need (unable to afford to attend university without a bursary).

How to apply

• The closing date for the submission of applications is Wednesday, 30 September 2026. Late applications will not be considered.
• Examination results, proof of acceptance at a recognised institution (a student number) and any other supporting documents must be submitted with the application. Applications can be submitted by post or email.

Submission details

Submit by post to: Dimpho Nkoana POSTNET Suite 101 Private Bag X153 Bryanston 2021

Alternatively, applications can be submitted by email.