The South African Reserve Bank (SARB) is renowned not only for shaping the country’s monetary policy and ensuring financial stability but also for investing in the next generation of economists. Each year, the SARB External Bursary Scheme offers outstanding young South Africans the opportunity to pursue studies in economics and related fields at recognized universities. For 2026, the bursary programme continues its commitment to supporting deserving students who demonstrate both academic excellence and financial need.
About the SARB External Bursary Scheme
The SARB External Bursary Scheme is aimed at nurturing talent in economics, banking, and finance to strengthen South Africa’s economic landscape. This highly competitive bursary is awarded to a limited number of students who show strong potential to contribute meaningfully to the economic and financial sector of the country.
What makes the scheme stand out is its holistic support. Unlike many bursaries that only cover tuition, SARB ensures its bursars have the financial freedom to focus entirely on their studies. The bursary typically covers tuition fees, registration fees, accommodation, meals, and prescribed books, giving recipients a strong foundation to excel.
Who Can Apply?
The bursary is targeted at South African citizens who have shown excellent academic performance, particularly in subjects relevant to economics and finance. The minimum requirements often include:
- Matric/Grade 12 learners achieving top marks in Mathematics and English.
- Students already enrolled in a university for economics, banking, finance, or related degrees.
- A strong academic record with a consistent performance in quantitative and analytical subjects.
- Proof of financial need, as the bursary also aims to uplift students who might otherwise struggle to fund their studies.
Applicants should be under the age of 30 at the time of application and committed to full-time study at a recognized South African university.
Fields of Study Supported
For 2026, the bursary focuses primarily on students pursuing:
- Economics
- Economics-related degrees (e.g., Econometrics, Monetary Economics, Development Economics)
- Financial studies with a strong economics component
This targeted approach ensures that bursary recipients gain expertise that aligns with the SARB’s mission to promote sound economic policies and financial development.
Why Apply?
Being awarded the SARB External Bursary Scheme does more than just ease financial burdens. It also connects bursars with one of the most influential financial institutions in the country. Successful candidates often benefit from networking opportunities, mentorship, and in some cases, preferential consideration for internships or graduate programmes within SARB or related sectors.
Moreover, the bursary instills a sense of responsibility. Recipients are expected to maintain high academic standards throughout their studies, ensuring that they graduate not only with a degree but also with a reputation for academic discipline and excellence.
Application Process
While application details for 2026 will be officially released on the SARB website and through partner universities, prospective applicants can expect the following:
- Application Form – Complete the official SARB bursary application form online below
- Supporting Documents – Provide certified copies of your ID, academic transcripts, proof of university acceptance or current enrollment, and proof of household income.
- Motivation Letter – Submit a personal statement outlining your career aspirations in economics, why you deserve the bursary, and how you plan to contribute to South Africa’s economic development.
APPLY FOR THE SARB BURSARY PROGRAMME FOR ECONOMICS STUDENTS 2026
Our Conclusion
The South African Reserve Bank External Bursary Scheme for 2026 is more than just financial aid—it is an investment in the country’s future economists. For ambitious and hardworking students, this bursary opens doors to quality education, personal growth, and potential career opportunities within South Africa’s financial sector. If you are passionate about economics and ready to make an impact, the SARB bursary could be your stepping stone to success.
CLOSING DATE: 30 SEPTEMBER 2025
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