PM Young Achievers Scholarship Scheme 2024: Check PM Yasasvi Scheme Benefits and Eligibility

The PM Young Achievers Scholarship Scheme for Vibrant India (Yasasvi) is a transformative initiative designed to support students from underprivileged communities, particularly those belonging to the Other Backward Classes (OBC), Economically Backward Classes (EBC), and Denotified Nomadic Tribes (DNT). The program aims to foster educational opportunities and uplift vulnerable groups by offering financial aid, ensuring access to quality education at both school and higher education levels.

This initiative provides scholarships and facilitates the construction of dormitory facilities to assist students further, enabling them to pursue their dreams in prestigious institutions.

PM Young Achievers Scholarship Scheme 2024: Check PM Yasasvi Scheme Benefits and Eligibility

PM Young Achievers Scholarship Scheme 2024

Feature Details
Organization Higher Education Department, Ministry of Education, Government of India
Target Beneficiaries Students in Class IX and XI in government schools
Budget Allocation ₹32.44 Crore for Pre-Matric and ₹387.27 Crore for Post-Matric
Application Process Via the National Scholarship Portal (NSP)
Official Website scholarships.gov.in

Eligibility Criteria for the PM Yasasvi Scheme

The PM Yasasvi Scholarship Scheme is focused on supporting students from underprivileged backgrounds to ensure equitable access to education.

Get Latest Updates Join Now

Basic Eligibility Requirements:

  • Category: Applicants must belong to OBC, EBC, or DNT communities.
  • Class: The student must be enrolled in Class 9 or 11 at a government school.
  • Income Limit: The annual income of the parent or guardian should not exceed ₹2.5 lakh.
  • Aadhaar Card: Possession of a valid Aadhaar Card is mandatory.

Additional Conditions:

  • Attendance: Students must maintain a minimum of 75% attendance, tracked through an Aadhaar-Based Attendance System.
  • Academic Performance: Consistent performance will be monitored via institutional portals to ensure academic progress and accountability.

Financial Benefits of the Yasasvi Scheme

The scheme provides financial support tailored to different educational levels, ensuring inclusivity and addressing diverse student needs.

Scholarship Amounts:

  • Pre-Matric Students (Classes 9–10): ₹4,000 per year.
  • Post-Matric Students (Classes 11–12): Ranges from ₹5,000 to ₹20,000 annually.
  • Exceptional Students: Up to ₹75,000 annually for Classes 9–10 and ₹1,25,000 annually for Classes 11–12.

Additional Support:

  • FREESHIP Card: Waives upfront tuition and hostel fees for higher education.
  • Entrance Exam Excellence: Scholarships up to ₹3.72 lakh annually for students excelling in national-level entrance tests.

Inclusivity Measures:

  • Female Students: 30% of the funds are reserved for girls.
  • Students with Disabilities: 5% of the budget is allocated to ensure equal opportunities for differently-abled students.

Documents Required for the PM Yasasvi Scheme

To successfully apply for the scholarship, applicants must provide the following documents:

  1. Aadhaar Card for identity verification.
  2. Family income certificate to confirm eligibility under income criteria.
  3. Proof of residence in the state of application.
  4. Caste certificate verifying the applicant’s category.
  5. Recent passport-sized photograph for official records.
  6. Bank account details (including IFSC code) for fund transfer.
  7. Contact details including phone number and email address.
  8. Marksheets from the most recent academic year.

How to Apply for the PM Yasasvi Scholarship

The application process involves passing the Yasasvi Entrance Test (YET) conducted by the National Testing Agency (NTA). Once qualified, applicants can register through the National Scholarship Portal (NSP).

Step-by-Step Application Process:

  1. Visit the National Scholarship Portal.
  2. Click on “New Registration” and fill out the required details:
    • Date of birth as per the Aadhaar card.
    • State of residence and scholarship category.
  3. Enter personal details such as name, mobile number, and email address.
  4. Provide bank account details for scholarship fund disbursement.
  5. Upload all necessary documents, ensuring accuracy and completeness.
  6. Review the form and apply.
  7. Save your registration details for future reference.

FAQs

1. Who is eligible to apply for the PM Yasasvi Scholarship?

Students from the OBC, EBC, or DNT communities studying in Class 9 or 11 at a government school, with a family income below ₹2.5 lakh, can apply.

2. What is the YET exam, and is it mandatory?

Yes, the Yasasvi Entrance Test (YET) is a mandatory qualification step for availing the scholarship. It evaluates students for eligibility and merit.

3. How much financial assistance can students receive?

Scholarships range from ₹4,000 to ₹1,25,000 annually, depending on the student’s grade and merit.

4. What is the FREESHIP Card?

The FREESHIP Card eliminates upfront tuition and hostel fees for students pursuing higher education under the scheme.

5. How can students track their scholarship application status?

Students can log in to the National Scholarship Portal (NSP) using their credentials to track the status of their application.

Click here to know more.