PM Young Achievers Scholarship Award Scheme for Vibrant India (YASASVI)

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PM Young Achievers Scholarship Award Scheme for Vibrant India (YASASVI)

Source-This post on PMYASASVI scheme has been created based on the article “PM Young Achievers’ Scholarship Award Scheme for a Vibrant India (PM YASASVI) for OBC, EBC and DNT Students” published in “PIB” on 25 January 2024.

Why in the news

PM Young Achievers Scholarship Award Scheme for Vibrant India, The government has recently released Rs 32.44 Crore for Pre-matric Scholarship and Rs 387.27 Crore for Post-Matric Scholarship to States/UTs under PM YASASVI scheme.

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

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, Government of India
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.
Eligibility1. Applicant students must be a permanent resident of India to get benefits under the PM Yashasvi Scheme.
2. Candidate students should belong to any one of OBC, EBC, DNT SAR, NT or SNT community.
3. Only students studying in class 9 or class 11 will be considered eligible to get this scholarship.
4. The family annual income of the applicant students should be maximum 2.5 lakh rupees to get this scholarship.
5. Students of all genders will be eligible to get the benefits under PM Yashasvi Scheme 2023.
BenefitsFinancial 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 125,000 per year is provided to the students of class 11th as financial assistance.
SelectionTo get the benefits of this scheme, the candidate students have to pass the computer based entrance test.
Testing AgencyNational Testing Agency 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 for OBC, EBC and DNT Students
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 for OBC, EBC and DNT Students.
Eligibility- for students studying at post-matriculation or post-secondary stage to enable them to complete their education.
Benefits-allowance from Rs.5000 to Rs.20000 is awarded to students as per category of course.
3. Top Class School Education for OBC, EBC and DNT Students
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 College Education for OBC, EBC and DNT Students
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 etcs.
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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