The South African Reserve Bank is funding full-time basis bursary scheme for undergraduate students at a South African university. The bursary is awarded for the first academic year of study which covers tuition fees, annual one-off payment for books and accommodation. South African students must have 60% marks for awarding bursaries. Students have to work for the Bank for a period equal to their bursary period unless the Bank chooses not to employ them. Send your application by 30 September of each year.
Study Subject (s): The bursaries are awarded in Economics, Information Technology, Finance, Law and Accounting, and excludes, for example, Medicine, Dentistry and Social Work in South Africa.
Course Level: The bursaries are for pursuing first academic year of undergraduate studies at a South African University.
Scholarship Provider: South African Reserve Bank
Scholarship can be taken at: South Africa
Eligibility: -Bursaries will be awarded to students who obtain 60 per cent in the June Metric/Grade 12 examinations.
-Final awarding of a Bank bursary is subject to a student's final Metric/Grade 12 results and enrollment acceptance at a South African university.
-Bursaries will be awarded to South African citizens only.
-The total number of students and related bursary costs will be reviewed annually.
-An annual one-off payment for books, accommodation (university accommodation only) and tuition fees will be made to a student.
Scholarship Open for Students of Following Countries: South African students are eligible for this undergraduate bursary in South Africa.
Scholarship Description: The South African Reserve Bank (the Bank), as part of addressing the severe shortage of skills in South Africa, provides bursaries to students in relevant fields of study who are from disadvantaged backgrounds. The purpose of the bursary scheme is to assist financially needy students who obtain good results in Metric/Grade 12 and who want to study in fields relevant to the Bank. The bursary is intended for undergraduate studies at a South African university on a full-time basis.
Number of award(s): Not Known
Duration of award (s): A bursary will be granted for the first academic year and reviewed annually Bursary holders need not reapply for the bursary each year.
What does it cover? An annual one-off payment for books, accommodation (university accommodation only) and tuition fees will be made to a student.
Selection Criteria:
-SA Citizen
- Younger than 30 years old
-Average pass mark of 60%
Notification: Potential bursary students will be required to avail themselves to be interviewed and to be tested. Successful applicant(s) for the bursary will be expected to sign an agreement with the Bank.
How to Apply: The mode of applying is electronically or by post.
Scholarship Application Deadline: The closing date for submission of applications shall be 30 September of each year.
Further Official Scholarship Information and Application (http://www.resbank.co.za/Publications/Detail-Item-View/Pages/Publications.aspx?sarbweb=3b6aa07d-92ab-441f-b7bf-bb7dfb1bedb4&sarblist=21b5222e-7125-4e55-bb65-56fd3333371e&sarbitem=5068)