PM Young Achievers Scholarship Award Scheme:
A total of ₹32.44 Crore has been released for Pre-matric Scholarships and ₹387.27 Crore for Post-Matric Scholarships to States/Union Territories (UTs) under the PM YASASVI scheme in 2023.
- PM Young Achievers Scholarship Award Scheme (PM YASASVI) is a scholarship scheme for Other Backward Class (OBCs), Economically Backward Class (EBC), and Denotified Nomadic Tribes (DNT) students.
- Under this scheme, students can avail of Pre-Matric Scholarships from Classes 9 to 10 and Post-Matric Scholarships for their higher education at the post-matriculation or post-secondary level.
- Exceptional students also have the opportunity to receive scholarships for top-tier schools and colleges.
- Additionally, hostel facilities are provided for OBC students through a construction scheme.
- Eligibility:
- Other Backward Class (OBC), Economically Backward Classes (EBC), and Denotified, Nomadic, and Semi-Nomadic Tribes (DNT)
- Parents or guardians annual income is not more than Rs. 2.50 Lakhs.
- Studying in a Top Class School in Class 9 or 11.
- These scholarships shall be available for studies in India only and will be awarded by the Government of State/Union Territory to which the applicant actually belongs, i.e., permanently settled.
- Entitlement: Upto Rs. 75,000 p.a. for Class 9/10, 1,25,000 p.a. for Class 11/12, covering the school tuition fee/hostel fee.
- Implementing Agency: Department of Social Justice and Empowerment, Ministry of Social Justice and Empowerment.
