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PM Yashasvi Scholarship Scheme 2024: Application Process for Scholarships up to ₹1,25,000

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The PM Yashasvi Scholarship Scheme is a significant initiative by the Indian government aimed at supporting meritorious students from economically weaker sections. The scheme provides substantial financial assistance ranging from ₹75,000 to ₹1,25,000 annually. Here’s a comprehensive guide on the eligibility criteria, benefits, application process, and important details regarding the PM Yashasvi Scholarship Scheme 2024.

What is PM Yashasvi Scholarship Scheme 2024?

The PM Yashasvi Scholarship Scheme 2024 is a scholarship program introduced by the Government of India to provide financial assistance to talented students from economically disadvantaged backgrounds. The primary objective of this scheme is to encourage and support students to continue their education by easing the financial burden on their families. The scholarship is awarded to students in Class 9 and Class 11, and it covers a significant portion of their educational expenses, thereby enabling them to focus on their studies and achieve academic excellence.

Important Dates

  • Application Start Date: July 1, 2024
  • Application End Date: August 31, 2024
  • Examination Date: To be announced
  • Result Declaration: To be announced

Eligibility Criteria

  1. Citizenship: Applicant must be an Indian citizen.
  2. Economic Status: Family income should not exceed ₹2.5 lakhs per annum.
  3. Educational Qualification:
    • For Class 9: Students must have passed Class 8 with at least 60% marks.
    • For Class 11: Students must have passed Class 10 with at least 60% marks.
  4. Age Limit:
    • For Class 9: Age should be between 12 to 15 years.
    • For Class 11: Age should be between 15 to 17 years.
  5. Reservation Criteria: The scheme also includes reservations for SC/ST/OBC and other backward categories as per government norms.

Benefits

  1. Financial Support:
    • Class 9 students: ₹75,000 per annum.
    • Class 11 students: ₹1,25,000 per annum.
  2. Renewable Scholarship: The scholarship is renewable every year until the completion of the secondary/higher secondary level, provided the student maintains the required academic performance.
  3. Direct Benefit Transfer (DBT): The scholarship amount is directly transferred to the bank account of the beneficiary.

Apply Here

Application Process

  1. Online Registration:
    • Visit the official PM Yashasvi Scholarship Scheme portal.
    • Click on the ‘Apply Now’ button.
    • Complete the registration form with personal and academic details.
  2. Document Upload:
    • Upload the required documents (see list below).
    • Ensure the documents are in the prescribed format and size.
  3. Form Submission:
    • Review the filled application form carefully.
    • Submit the application form.
    • Note down the application number for future reference.
  4. Application Fee:
    • There is no application fee for applying under this scheme.

Required Documents

  1. Identity Proof: Aadhar Card or any other government-issued ID.
  2. Income Certificate: Issued by a competent authority.
  3. Educational Certificates: Marksheets of the previous qualifying examination.
  4. Age Proof: Birth certificate or school leaving certificate.
  5. Bank Details: Copy of the passbook or a cancelled cheque.
  6. Photograph: Recent passport-sized photograph.
  7. Domicile Certificate: Proof of residence.

Selection Process

  1. Entrance Examination: Eligible candidates will have to appear for an entrance examination.
  2. Merit List: Based on the performance in the entrance exam, a merit list will be prepared.
  3. Document Verification: Shortlisted candidates will undergo document verification.
  4. Final Selection: Selected candidates will be awarded the scholarship.