PM Young Achievers’ Scholarship Award Scheme for a Vibrant India (PM YASASVI) for OBC, EBC and DNT Students

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 Pre-Matric Scholarship from Class 9 to 10 and Post Matric Scholarship for their higher studies at post-matriculation or post-secondary stage. Students who excel in their studies also get an opportunity of Scholarship to study in Top Class Schools and Colleges under the Scheme of ‘Top Class School Education’ and ‘Top Class College Education’. Hostel facilities are also provided to OBC students under the ‘Scheme of Construction of Hostels for OBC boys’ and girls’. Components of Schemes are as under.

1. Pre-Matric Scholarship for OBC, EBC and DNT Students.
2. Post-Matric Scholarship for OBC, EBC and DNT Students.
3. Top Class School Education for OBC, EBC and DNT Students.
4. Top Class College Education for OBC, EBC and DNT Students.
5. Construction of Hostel for OBC Boys and Girls.

Salient features of the Schemes are

1. Pre-Matric Scholarship

• Pre-Matric Scholarship is for students studying in class IX and X on a full-time basis in Government Schools only.
• Income from all sources does not exceed Rs.2,50,000/- per annum.
• The students shall be given a consolidated academic allowance of Rs. 4000/- per annum.
• During the year 2023-24, an amount of Rs 32.44 Crore has been released to States/UTs for implementation of the Scheme till 18^th January,2024.

2. Post-Matric Scholarship

• Scholarship is awarded to students studying at post-matriculation or post-secondary stage to enable them to complete their education.
• Income from all sources does not exceed Rs.2,50,000/- per annum.
• Academic allowance from Rs.5000 to Rs.20000 is awarded to students as per category of course.
• During the year 2023-24, an amount of Rs 387.27 Crore has been released to States/UTs for implementation of the Scheme till 18^th January,2024.

3. Top Class School Education

• The scheme provides premium education to the meritorious students belonging to OBC, EBC and DNT categories by funding their education from Class 9 onwards till they complete Class 12.
• Income from all sources does not exceed Rs.2,50,000/- per annum.
• Scholarship is awarded for tuition fee, hostel fee and other charges as required by the school, 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.
• National Scholarship Portal is open till 31^st January, 2024 for submitting applications under the Scheme.

4. Top Class College Education

• The scheme is to recognize and promote quality education amongst Students belonging to OBC, EBC and DNT categories by providing full financial support.
• Income from all sources does not exceed Rs.2,50,000/- per annum.
• Students, who secure admission in the notified institutions, will be awarded scholarship to meet the requirements for (a) full tuition fee and non-refundable charges (there will be a ceiling of Rs. 2.00 lakh per annum per student for private sector institutions and Rs. 3.72 lakhs per annum per student for the private sector flying clubs for Commercial Pilot Training and Type Rating Courses) (b) living expenses to the beneficiary @Rs.3000/-per month per student (c) books and stationery @ Rs. 5000/- per annum per student and (iv) a latest computer/laptop of reputed brand with accessories like UPS and printer limited to Rs. 45000/- per student as one time assistance during the course.
• National Scholarship Portal is open till 31^st January,2024 for submitting applications under the Scheme

5. Construction of Hostel for OBC Boys and Girls

• The scheme aims at providing 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 in order to provide them greater access to high quality education.
• During the year 2023-24, an amount of Rs 12.75 Crore has been released to States/UTs for implementation of the Scheme till December 2023.