South African Reserve Bank Bursary: Latest Bursaries

South African Reserver Bank is offering the Latest Bursary 2015. The Latest Bursaries at SARB are available for hard working and talented students. The South African Reserve Bank Bursaries 2015 have been announced in South Africa. SARB Bursary application form should be submitted by the interested candidates.

South African Reserve Bank Bursaries for 2015 can manage your educational expenses. If you are finding it hard to pay your college / school fee, then the South African Reserve Bank Bursary Programme 2015 will be best suit to your needs. The interested candidates should have a look on the details of bursary 2015 before submitting their bursary application at the bursary dept of SARB.

South African Reserve Bank Bursaries 2015: The Latest Bursary Programme in South Africa

South Africa’s central bank, the South African Reserve Bank, is offering bursaries to top performers who are currently in Grade 12 or those who recently matriculated. Bursaries will be awarded for FULL-TIME  studies that have a bearing on, and be applicable to, the functions and activities of the Bank. (For more information on the Bank, visit the Bank’s website: www.reservebank.co.za). This includes, for example, Economics, Information Technology, Finance, Law and Accounting, and excludes, for example, Medicine, Dentistry and Social Work.

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 Matric/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.A bursary will be granted from the first academic year and reviewed annually. Bursary holders need not reapply for the bursary each year.

Criteria for awarding bursaries

Over and above the criteria set out above, the following will be used as guidelines in the awarding of bursaries:

  • Bursaries will be awarded to students who obtain 60 per cent in the June Matric/Grade 12 examinations. Final awarding of a Bank bursary is subject to a student’s final Matric/Grade 12 results and enrolment 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.

Post-bursary obligations

The Bank will have first right of refusal with regard to funded students, that is, bursary holders will be obliged to work for the Bank for a period equal to their bursary period, unless the Bank chooses not to employ them. Students who choose not to work for the Bank despite the Bank offering them a position after completing their studies will be required to pay the full cost of the bursary back to the Bank.

The Bank will provide students who are Bank bursary holders vacation work opportunities that are funded by the Bank.

Bursary holders will be required to submit their examination results before 31 December of each year, regardless of whether or not they will be awarded a bursary for the following year.

Potential bursary students will be required to avail themselves to be interviewed and to be tested. Successful applicants(s) for the bursary will be expected to sign an agreement with the Bank.

Closing Date: 30 September 2014

How to Apply for South African Reserve Bank Bursary Programme 2015

If you comply with the eligibility criteria and other requirements, you should Click here to download the applications form, which has further details on how to apply.

Examination results, university enrolment form (student number) and any other supporting documents must be submitted with the application form.Completed application forms must be emailed to: applications@careerwise.co.za

Or posted to:

Mr John Legoete
P.O. Box 30632
BRAAMFONTEIN
2017

Various bursary programme for 2014 and 2015 have been announced by various companies, departments and banks. If you are really in need of Latest Bursaries 2015, then you should apply online for the Bursaries at South African Reserve Bank.

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