The South African Reserve Bank (SARB) Economic Research Department’s (ERD) External Bursary Scheme 2025

Applications are now open for the 2025 South African Reserve Bank (SARB) Economic Research Department’s (ERD) External Bursary Scheme. Click here to learn more about this opportunity and apply.

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About The South African Reserve Bank (SARB) Economic Research Department’s (ERD) External Bursary Scheme

Opportunity Details

The South African Reserve Bank (SARB) is inviting aspiring economists who will be entering their f irst year of undergraduate studies in the 2025 academic year to apply for its external bursaries programme.

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. 

The SARB’s Economic Research Department, in collaboration with the SARB Academy, hereby invites prospective undergraduate degree students to apply for competitive SARB bursaries in the fields of economics, economics and econometrics, economics and mathematical statistics, and economic science.

Benefits of The South African Reserve Bank (SARB) Economic Research Department’s (ERD) External Bursary Scheme

  • Scholarship grants 

The South African Reserve Bank (SARB) Economic Research Department’s (ERD) External Bursary Scheme Requirments

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

  • provisional acceptance into an undergraduate degree in the field of economics; 
  • achieved an average pass mark of 70% in their current year of study, with a good command of English and Mathematics (70% and above); 
  • be younger than 30 years of age; and 
  • be in financial need (unable to afford to attend university without a bursary).

Application Date and Process

  • The closing date for the submission of applications is Monday, 30 September 2024. 
  • 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. 
  • Use PROMO CODE: SARBERD25. 
    Submit by post to:
    Dimpho Nkoana 
    POSTNET Suite 101 
    Private Bag X153 Bryanston 2021 or 
  • Email: [email protected]

Application Deadline

30 September, 2024

Scholarship Application Portal

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