PM-YASASVI (PM YOUNG ACHIEVERS’ SCHOLARSHIP AWARD SCHEME FOR VIBRANT INDIA)

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News: The Government of India has reaffirmed its commitment to expanding educational opportunities for students belonging to the Other Backward Classes (OBC), Economically Backward Classes (EBC) and Denotified, Nomadic and Semi-Nomadic Tribes (DNT) through the PM-YASASVI (Prime Minister Young Achievers Scholarship Award Scheme for Vibrant India) umbrella scheme.

About PM-YASASVI (PM YOUNG ACHIEVERS’ SCHOLARSHIP AWARD SCHEME FOR VIBRANT INDIA)

PM-YASASVI (PM YOUNG ACHIEVERS’ SCHOLARSHIP AWARD SCHEME FOR VIBRANT INDIA)
Source – PIB
AspectDetails
AboutPM YASASVI is a Scholarship scheme for Other Backward Class (OBCs), Economically Backward Class (EBC) and Denotified Nomadic Tribes (DNT) Students
Concerned MinistryMinistry of Social Justice and Empowerment
ObjectiveTo provide financial assistance to the OBC, EBC and DNT students studying at post-matriculation or post-secondary stage to help them complete their education.
Eligibility
  • Applicant students must be a permanent resident of India to get benefits under the PM Yashasvi Scheme.
  • Candidate students should belong to any one of OBC, EBC, DNT SAR, NT or SNT community.
  • Only students studying in class 9 or class 11 will be considered eligible to get this scholarship.
  • The family annual income of the applicant students should be maximum 2.5 lakh rupees to get this scholarship.
  • Students of all genders will be eligible to get the benefits under PM Yashasvi Scheme.
Benefits
  • Financial assistance of Rs. 75,000 per year is provided to the eligible students of class IX in the form of scholarship.
  • An amount of Rs. 1,25,000 per year is provided to the students of class 11th as financial assistance.
Selection
  • To get the benefits of this scheme, the candidate students have to pass the computer based entrance test.
Testing Agency
  • National Testing Agency (NTA) has been entrusted with the responsibility of conducting the YASASVI ENTRANCE TEST
Sub-schemeThere are five sub-Schemes under the Scheme –
1. Pre-Matric Scholarship Scheme

  • Eligibility: For students studying in class IX and X on a full-time basis in Government Schools only.
  • Benefit: The students shall be given a consolidated academic allowance of Rs. 4000/- per annum.

2. Post-Matric Scholarship Scheme

  • Eligibility: For students studying at post-matriculation or post-secondary stage to enable them to complete their education.
  • Benefits: Allowance from Rs. 5,000 to Rs. 20,000 is awarded to students as per category of course.

3. Top Class Education in Schools Scheme

  • Eligibility: For meritorious students belonging to OBC, EBC and DNT categories from Class 9 onwards till they complete Class 12.
  • Benefits: Scholarship is awarded for tuition fee, hostel fee and other charges  subject to a maximum of Rs. 75,000/- per annum per student of class 9 and 10 and Rs. 1,25,000/- per annum per student of class 11 and 12.

4. Top Class Education in Colleges Scheme

  • Eligibility: For students belonging to OBC, EBC and DNT categories.
  • Benefits: By providing full financial support that include tuition fee, living expenses, books and stationaries etc.

5. Construction of Hostel for OBC Boys and Girls

  • Aim: To provide hostel facilities to students belonging to socially and educationally backward classes, especially from rural areas, to enable them to pursue secondary and higher education in the Govt. schools, universities, institutions and institutes located at a reasonable distance.
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