PM Young Achievers Scholarship Award Scheme (Yasasvi) 2024: Benefits Upto ₹1,25,000

The PM Young Achievers Scholarship Award Scheme for Vibrant India (PM-YASASVI) is a prestigious scholarship program initiated by the Ministry of Social Justice and Empowerment (MSJ&E), Government of India.

This comprehensive scheme aims to provide financial assistance to students from Other Backward Classes (OBC), Economically Backward Classes (EBC), and De-notified, Nomadic and Semi-Nomadic Tribes (DNT) backgrounds. The primary objective of this scholarship is to empower deserving students from financially disadvantaged sections of society by supporting their educational pursuits.

PM-YASASVI Scholarship 2024

PM Young Achievers Scholarship

Scheme NamePM Young Achievers Scholarship Award Scheme (Yasasvi)
Nodal AgencyHigher Education Department, Ministry of Education, GOI
BudgetRs 32.44 Crore for Pre-matric, Rs 387.27 Crore for Post-Matric
BeneficiariesStudents in Class IX and XI at government schools
Official Websitescholarships.gov.in

Key Features of the Scheme

  • Comprehensive Coverage: The scholarship covers students from Class 9 to professional courses, ensuring support at crucial educational stages.
  • Substantial Financial Aid: Scholarship amounts range from ₹4,000 to ₹20,000 per annum, depending on the educational level.
  • Merit-Based Selection: For the 2024 cycle, the selection process is primarily based on merit, focusing on the student’s academic performance.
  • Wide Institutional Coverage: The scheme is applicable to a range of educational institutions, including government schools and recognized colleges.

PM-YASASVI Scholarship Eligibility Criteria

  • Nationality: Must be an Indian national.
  • Category: Should belong to OBC, EBC, or DNT categories.
  • Family Income: The annual income of parents/guardians should not exceed ₹2.5 lakhs.
  • Educational Level:
    • For pre-matriculation: Students must be enrolled in Class 9 or 10.
    • For post-matriculation: Students should be pursuing studies beyond Class 12 in recognized institutions.
  • Institution Type: For school students, enrollment must be in government schools.
  • Academic Performance: Selection is based on merit, considering the student’s performance in the previous year’s final examination.

PM-YASASVI Scholarship Amount

Educational LevelScholarship Amount (per annum)
Pre-matriculation (Class 9-10)₹4,000 – ₹75,000
Class 11-12₹5,000 – ₹1,25,000
Professional Courses (Group 1)₹20,000
Professional Courses (Group 2)₹13,000
Graduation and PG (Group 3)₹8,000

Additional Benefits

  • Tuition Fee Coverage: Full tuition fee is covered for eligible courses.
  • Living Expenses: Assistance for living expenses is provided.
  • Book Allowance: Students can purchase books for their studies.
  • Other Accessories: Support for necessary educational accessories.

PM-YASASVI Scholarship Application Process

  1. Visit the Official Portal: Go to the National Scholarship Portal (scholarships.gov.in) or the NTA website (yet.nta.ac.in).
  2. Create an Account: Register on the portal by providing necessary details.
  3. Fill the Application Form: Complete the online application form with accurate information.
  4. Document Upload: Upload all required documents as per the guidelines.
  5. Review and Submit: Carefully review all entered details before final submission.
  6. Application Verification: The form will be verified by the school’s Nodal Officer and confirmed by the state government.

Required Documents

  • Domicile certificate
  • Marksheet (both sides)
  • Family income certificate
  • Aadhaar card
  • Caste certificate
  • Passport-size photograph
  • Bank passbook details
  • Student’s email ID and mobile number

Important Dates and Deadlines

EventDate
Scheme Open Last DateNovember 30, 2024
Defective Application Verification Last DateDecember 15, 2024
Institute Verification Last DateDecember 15, 2024
DNO/SNO/MNO Verification Last DateDecember 31, 2024

PM-YASASVI Scholarship Selection Process

  • Merit-Based Selection: Unlike previous years, there is no entrance examination for 2024. Selection is based on the student’s academic performance in the previous year’s final examination.
  • State-wise Merit List: A merit list is prepared for each class at the state level.
  • Automatic Allocation: Scholarships are allocated automatically based on the merit list.

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