The South African Reserve Bank (SARB) offers a bursary aimed at addressing the critical skills shortage in South Africa. This initiative is particularly focused on providing support to students from disadvantaged backgrounds who intend to pursue relevant fields of study.

The SARB plays a vital role in maintaining economic well-being by ensuring price and financial stability. It is responsible for regulating the financial sector, managing interest rates, and overseeing the stability of the banking system.

Through its External Bursary Scheme, the SARB provides scholarships to qualifying Grade 12/Matric pupils, enabling them to embark on full-time university studies. The bursary is part of the SARB’s commitment to corporate social responsibility and aims to empower students to achieve their educational goals.

Applicants are encouraged to submit their applications through various channels, including online platforms, ensuring accessibility for all potential candidates. Successful applicants will be required to sign a bursary agreement and may need to participate in interviews as part of the selection process.