Getting into university is a huge step, but paying for it can be a roadblock. The South African Reserve Bank External Bursary Scheme for 2027 could help you cover tuition and living costs right now.
What the opportunity is
Organisation: South African Reserve Bank (SARB)
Programme: External Bursary Scheme – Undergraduate studies
Location: South Africa
Closing date: 30 September 2026
Benefit: Full financial support for the chosen degree, including tuition, accommodation, books and a stipend.
Who can apply (eligibility)
- South African citizen with a provisional place at a recognised university for an undergraduate degree.
- Average of at least 70% in the June Grade 12 examinations.
- You must be younger than 30 years old.
- Demonstrated financial need – you cannot afford to study without the bursary.
What you gain
The bursary is aimed at students whose studies align with the work of the Reserve Bank. Fields of study that are considered include:
- Economics, Accounting, Finance, Statistics, Mathematics
- Information Technology, Data Science, Law, Risk Management
- Banking, Financial Management, Actuarial Science, Business Management, Commerce
- Other programmes that support the SARB’s functions may also be accepted.
Successful applicants receive:
- Full tuition coverage.
- Accommodation allowance.
- Budget for books and other study materials.
- A monthly stipend for living expenses.
How to apply (step‑by‑step)
- Gather the required documents:
- Certified copy of your South African ID.
- Official June Grade 12 results.
- Proof of provisional university acceptance (letter or admission portal screenshot).
- Your student number from the university.
- Proof of household income (e.g., payslips, tax certificates).
- Any additional paperwork requested in the advert.
- Choose one of the three application methods:
- Online: Submit your application through the portal at https://sarb-bursary-manager.replit.app/. Remember to enter the promo code SARBEXT2027 when prompted.
- Email: Send a single PDF containing your application form and all supporting documents to sarbbursary@ttibursaries.co.za.
- Post: Mail the hard copy to:
Dimpho Nkoana
POSTNET Suite 101
Private Bag X153
Bryanston 2021 - After submission, you may be invited to an interview or assessment.
- If selected, you will sign a formal bursary agreement with the SARB outlining your responsibilities.
Tips to improve your chances
- Maintain the highest possible marks; scores above the 70 % threshold strengthen your case.
- Check that every document is clear, signed where required, and attached before the deadline.
- Provide honest and detailed information about your household income.
- Choose a degree that directly supports economic development or the Reserve Bank’s work.
- Submit your application well before 30 September 2026 to avoid last‑minute technical issues.
Next steps
Start by confirming your provisional university admission and collecting your Grade 12 results. Then, prepare the documents listed above and decide which application method works best for you. Apply early, follow the instructions carefully, and keep a copy of everything you send. Good luck on your journey to university!
