2024 PM Younger Achievers Schemes for Scholarships totally explained – Purpose, requirements and procedures
The PM Young Achievers Scholarship Award Scheme Yasasvi 2024 is an initiative of the Government of India that is aimed at benefiting deprived students from Other Backward Classes Economically Backward Classes and Denotified Nomadic Tribes communities. This scheme gives financial support for pre-matric students in 9-10 classes and also post-matric scholarship scheme for further studies. It also helps join in high value education institutes as well as the creation of boys hostels for OBC students.
Let us get into the crux of this scheme and understand the associated benefits, eligibility requirements, application procedure and the documents required.
Major Highlights of PM Yasasvi Scheme
Funds Allocated for Assistance:
Pre-matric Scholarships: ₹32.44 Crores
Post-Matric Scholarships: ₹387.27 Crores which were earmarked comprehensively to the States and Union Territories.
Target Beneficiaries:
Government School Students Of Grade 9/11 in the above classes 9 and 11.
Children of OBC, EBC, and DNT.
Official Portal: scholarships.gov.in
Eligibility criteria for the PM Yasasvi Yojana
The PM Yasasvi Yojana benefits students who are financially weak and from socially backward communities. The below-mentioned are the other key eligibility criteria.
Community: The applicant should belong to the OBC, EBC or DNT caste.
Educational Qualification: If a student wishes to apply for the program, he/she must be in standard 9 or 11 in a government-funded school.
Family Income: The student’s family’s annual income per year should be less than 2.5 Lakhs.
Documentation:
Aadhaar Card: Student must possess a valid Aadhaar Card.
Aadhaar-based system: The student Must be registered to the Aadhaar-Based Attendance System
Performance Criteria: Students must ensure an attendance rate of at least 75 percent and also make certain academic progress that is satisfactory to the executive.
Key Benefits of the PM Yasasvi Scholarship
The students have bright futures ahead as they have a bunch of financial support for whatever they need:
Pre-Matric Scholarship Benefits:
For students till tenth grade, stipends have been set up to sit at 4,000 rupees per annum.
Post Matric Scholarship Benefits:
For students who wish to further pursue their education will receive monetary support ranging between five and twenty thousand per year.
For students who excel during their studies and are between grades nine and ten, they will have chances of receiving up to seventy-five thousand annually.
For students who are between grades eleven and twelve with exceptional records and achievement can earn up to one lakh and twenty-five annually.
Support For Premier Institutions:
For students who qualify in national level competitive examinations and taken admission in premier educational institutions may be provided up to two or three lakh seventy two thousand per annum.
FREESHIP Card:
Taxes from students in hostels are permitted to be skipped along with tuition fees.
Funds Reservation Policies:
30% of outlay provided for women students.
5% earmarked for students having disabilities.
Eligibility Criteria for the Document for PM Yasasvi Scheme
This is the list of documents an applicant wishing to apply for the scholarship should provide.
Aadhaar Card: This acts as a proof of identity.
Income Certificate: This document states the family’s annual income.
Caste Certificate: Individuals from OBC, EBC, or DNT should have this as proof of belonging to those categories.
Residence Certificate: This is a proof of residence of a state.
Academic Records: This includes the mark sheets of the qualifying examination.
Photograph: This should be a passport sized photo.
Details of Bank Account: Details such as Bank account number and its IFSC code.
Details of the Email as well as the phone number to be used for alerts.
Guidelines for Candidates to Apply for the PM Yasasvi Scholarship
To make an application under PM Yasasvi Yojana it is mandatory to clear YASASVI Entrance Test YET which is conducted by National Testing Agency NTA. Once you qualify the above test further please follow these steps to register on National Scholarship Portal:
Go to the National website:
One should reach the website scholarships.gov.in and “Select New Registration”.
Entering of Personal Details:
You should enter the date of birth, state of vaas and Aadhaar card.
Pick the scholarship appropriate Pre matric, Post Matric, top class, merit cum means.
Entering the appropriate Contact Information:
Notify the organisation through your mobile and email.
Bank Details:
This is the normal DAF transfer as you can input account number and IFSC code.
Submit Documents:
Now, upload all the required documents listed above.
Finalize Registration:
Thank you for your detailed review, please click on the “Submit” button to finish the submission process.
You will get your user id and password in your SMS as well as in email.
Complete Application:
So you can log into the portal, add relevant documents to your application and complete the process using your user id and password.
Conclusion
PM Young Achievers Scholarship YASASVI 2024 Award Scheme is a ray of hope for the students who are deprived of effective education and resources at a very young age. They support the disadvantaged, and the focus is on helping reduce barriers. The scholarships provide a substantial amount for tuition and allow students to focus on their education rather than financial challenges. Now is the time for students who meet the criteria to seize the moment and take this opportunity to continue their studies and fulfil their dreams.
For more details and updates refer to National Scholarship Portal.
