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
Scheme Name
PM Young Achievers Scholarship Award Scheme (Yasasvi)
Nodal Agency
Higher Education Department, Ministry of Education, GOI
Budget
Rs 32.44 Crore for Pre-matric, Rs 387.27 Crore for Post-Matric
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 Level
Scholarship 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
Visit the Official Portal: Go to the National Scholarship Portal (scholarships.gov.in) or the NTA website (yet.nta.ac.in).
Create an Account: Register on the portal by providing necessary details.
Fill the Application Form: Complete the online application form with accurate information.
Document Upload: Upload all required documents as per the guidelines.
Review and Submit: Carefully review all entered details before final submission.
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
Event
Date
Scheme Open Last Date
November 30, 2024
Defective Application Verification Last Date
December 15, 2024
Institute Verification Last Date
December 15, 2024
DNO/SNO/MNO Verification Last Date
December 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.
