The South African Reserve Bank (SARB) Economic Research Department’s (ERD) External Bursary Scheme 2026 – Scholarship Opportunities

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Application Deadline: 30 September 2025.

Applications are now open for the 2026 South African Reserve Bank (SARB) Economic Research Department’s (ERD) External Bursary Scheme. The South African Reserve Bank (SARB) is inviting aspiring economists who will be entering their first year of undergraduate studies in the 2026 academic year to apply for its external bursaries programme.

The SARB serves the economic well-being of all South Africans through maintaining price stability and financial stability. It is responsible for regulating the South African financial sector, designing and distributing banknotes and coin, managing interest rates, setting the cash reserve requirement for banks, and ensuring the stability of both the banking sector and the wider financial system.

Requirements

For students to be considered for the bursary, they must meet the following requirements:

• have provisional acceptance into an undergraduate degree in the field of economics;
• have achieved an average pass mark of 70% in their current year of study, with a good command of English and Mathematics (70% and above);
• be younger than 30 years of age; and
• be in financial need (unable to afford to attend university without a bursary).

How to apply

For More Information:

Visit the Official Webpage of the SARB Economic Research Department’s External Bursary Scheme