The PM Young Achievers Scholarship Scheme (YASASVI) is a groundbreaking initiative by the Government of India designed to provide comprehensive financial assistance to students from the Other Backward Class (OBC), Economically Backward Class (EBC), and Denotified Nomadic Tribes (DNT) communities. This program aims to empower underprivileged students by enabling access to quality education, paving the way for a brighter future.
Through its dual focus on pre-matric and post-matric scholarships, the scheme supports school-level education while funding higher studies. Additional provisions include financial aid for academically exceptional students enrolling in prestigious institutions and support for hostel infrastructure for OBC students.
Below is a detailed breakdown of the program, its benefits, and how eligible students can apply.
PM Yasasvi Yojana 2024
| Aspect | Details |
|---|---|
| Nodal Agency | Higher Education Department, Ministry of Education, Government of India |
| Scheme Name | PM Young Achievers Scholarship Award Scheme (YASASVI) |
| Budget Allocation | Rs 32.44 Cr for Pre-Matric, Rs 387.27 Cr for Post-Matric |
| Target Beneficiaries | Students in Grades 9 and 11 studying in Government Schools |
| Official Website | scholarships.gov.in |
Empowering Marginalized Communities Through Education
The primary objective of the PM Yasasvi Yojana is to uplift economically disadvantaged and socially marginalized communities. By facilitating access to education, the program aims to break the cycle of poverty and enable students to lead secure, dignified, and fulfilling lives.
Key benefits of the scheme include:
- Promoting Continuity in Education: The program encourages students, especially those at risk of dropping out, to continue their education at both secondary and tertiary levels.
- Inclusive Educational Support: The scheme ensures inclusivity and diversity by allocating funds to female students (30%) and learners with disabilities (5%).
- Focus on Academic Excellence: Financial aid is extended to exceptional students, enabling them to pursue studies in top-tier institutions.
Eligibility Criteria for PM Yasasvi Yojana
To qualify for the scholarship, applicants must meet the following criteria:
- Belong to the OBC, EBC, or DNT communities.
- Be enrolled in Grade 9 or 11 in a government school.
- Have a family income not exceeding Rs 2.5 lakhs annually.
- Possess a valid Aadhaar Card.
- Maintain a minimum attendance of 75% (monitored through Aadhaar-based attendance systems).
This eligibility framework ensures that support is directed toward the most deserving students, promoting equity in access to educational opportunities.
Scholarship Benefits: A Comprehensive Breakdown
The scheme provides tiered financial support to students based on their educational level and merit:
| Category | Annual Scholarship Amount |
|---|---|
| Pre-Matric (Grade 9 & 10) | Rs 4,000 per year |
| Post-Matric (Grade 11 & 12) | Rs 5,000 – Rs 20,000 per year |
| Top Performers (Grade 9 & 10) | Up to Rs 75,000 per year |
| Top Performers (Grade 11 & 12) | Up to Rs 1.25 lakh per year |
| National Institution Entrants | Rs 2 lakh to Rs 3.72 lakh annually |
In addition, students receive a FREESHIP card, which waives tuition and hostel fees for higher education programs. This ensures that financial constraints do not hinder deserving students from accessing premier educational opportunities.
Required Documentation for Scholarship Application
Applicants must provide the following documents to avail of the scholarship benefits:
- Aadhaar Card (mandatory for identification).
- Income Certificate (to verify family income).
- Caste Certificate (to establish community eligibility).
- Proof of residence in the state.
- Latest marksheet and recent passport-sized photograph.
- Bank account details, including IFSC code.
- Contact details (mobile number and email address).
Ensuring these documents are in order will streamline the application process and facilitate timely disbursement of funds.
How do you apply for the PM Yasasvi Scholarship?
The application process involves passing the YASASVI Entrance Test (YET) conducted by the National Testing Agency (NTA). After clearing the test, students can register on the National Scholarship Portal (NSP). Here’s a step-by-step guide to the registration process:
- Visit the official National Scholarship Portal and select “New Registration.”
- Enter your date of birth using your Aadhaar Card.
- Choose your state of residence.
- Select the relevant scholarship category (Pre-Matric, Post-Matric, Top Class Scheme, or Merit-cum-Means).
- Provide your name as per your Aadhaar or academic records.
- Enter your mobile number for SMS alerts and an email ID for correspondence.
- Submit your bank account details, including the account number and IFSC code.
- Enter your Aadhaar number for identification purposes.
- Complete the registration by clicking “Submit.”
Once registered, students will receive login credentials via SMS and email. They can then log in, upload the required documents, and submit their application for review.
Conclusion
The PM Yasasvi Scholarship Scheme exemplifies the government’s commitment to fostering education equity and empowering marginalized communities. By addressing financial barriers, the initiative ensures deserving students can achieve their academic dreams and contribute meaningfully to society. This robust financial assistance program is a beacon of hope for countless young achievers across India.
Frequently Asked Questions (FAQs)
Q1: Who can apply for the PM Yasasvi Scholarship Scheme?
A: Students from OBC, EBC, or DNT communities enrolled in Grades 9 and 11 in government schools can apply, provided their family income is below Rs 2.5 lakh annually.
Q2: What is the maximum scholarship amount offered under the scheme?
A: Exceptional students can receive up to Rs 1.25 lakh annually for higher secondary education or Rs 3.72 lakh if they secure admission to top-tier institutions.
Q3: Is an Aadhaar Card mandatory for the application process?
A: Yes, an Aadhaar Card is a mandatory registration and attendance tracking requirement.
Q4: Can private school students apply for the scheme?
A: No, the scheme is exclusively for students enrolled in government schools.
Q5: How are funds distributed under the scheme?
A: Funds are directly transferred to the beneficiaries’ bank accounts after verifying eligibility and documents.
Click Here To Know More
I am a passionate technology and business enthusiast. I constantly explore the intersection where innovation meets entrepreneurship. With a keen eye for emerging trends and a deep understanding of market dynamics, I provide insightful analysis and commentary on the latest advancements shaping the tech industry.