We are pleased to announce that the application for the 2024 South African Reserve Bank (SARB) First Year Bursary is now open.
In this vast world of opportunities, the South African Reserve Bank (SARB) introduces a new beam of light for promising students. Here, we present the first-year student bursary application designed to aid academically gifted, yet financially challenged South African students. The SARB is proud to launch the 2024 bursary application program, providing bright young minds the chance to further their studies, explore their potential, and shape their future.
SARB First Year Bursary Benefits
Getting a bursary from the SARB offers countless benefits to prospective students. Besides the significant financial relief that students and their families will experience, the bursary serves as a stepping stone to a promising future. With this bursary, the SARB paves the way for South African students to thrive in their chosen academic fields. As an investment in South Africa’s future, the SARB bursary program helps create a brighter, more prosperous future for the nation.
SARB First Year Bursary Eligibility
To be considered for this life-changing opportunity, there are certain requirements applicants must meet:
- Be a South African citizen.
- Be less than 30 years old.
- Have achieved an average pass mark of 70% in your current year of study.
- Be in a financially needy situation (unable to afford university without a bursary).
As part of the application process, students must provide a certified copy of either their June matric results (for students currently in matric) or their final matric results (for those who have completed matric). Additionally, a 250-word essay to motivate the application is needed, along with proof of acceptance at a recognized tertiary institution, and a certified copy of the South African ID.
Application Procedure
Ready to take your future into your own hands? Follow the steps outlined below to apply:
- Download the application form from the Careerwise website (http://careerwise.co.za/application/registrations/)
- Complete the form in full. Make sure to read the instructions thoroughly before starting. This includes sections on applicant’s information, study details, parent/guardian’s details, and a 250-word essay.
- Submit the completed application by one of the following methods:
- Post: Send the form to Mr. John Legoete, P O Box 30632, Braamfontein, 2017.
- Fax: Send to 086 609 7183.
- Email: Send to applications@careerwise.co.za.
- Use the promotional code: SARB2024 when submitting your application.
Application Dates
The key date to remember for this bursary application is the 30th of September, 2023, which is the deadline for the submission of applications. Any applications received after this date will not be considered. Applicants should remember to prepare their documents ahead of this deadline.
In case your application was unsuccessful, the SARB notifies students within one month after the closing date. If you do not hear from the SARB within this period, it can be assumed that your application did not pass the selection process.
By meeting the eligibility criteria and following the application procedure, you stand a chance to secure a bursary from the South African Reserve Bank, a stepping stone to a brighter academic future.
