PM Yasasvi Yojana 2024: Benefits, Eligibility & Application Form

PM Yasasvi Yojana 2024: Every child dreams of a successful future, but for many, financial struggles become a barrier to achieving their goals. To address this challenge, the Government of India has introduced the PM Young Achievers Scholarship Award Scheme (Yasasvi) 2024. This transformative initiative aims to uplift students from marginalized communities by providing financial support for their education, ensuring that no talent goes unnoticed due to financial constraints.

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The Yasasvi Yojana is not just a scholarship program—it’s a ray of hope for millions of students from Other Backward Classes (OBC), Economically Backward Classes (EBC), and Denotified Nomadic Tribes (DNT). By assisting students in both school and higher education, the scheme opens doors to endless opportunities and a brighter future.

An Overview of PM Yasasvi Yojana 2024

The PM Yasasvi Yojana, managed by the Higher Education Department, Ministry of Education, Government of India, provides scholarships to students in Classes 9 and 11, helping them continue their studies without financial worries. Whether it’s a pre-matric scholarship for school students or post-matric financial aid for higher education, the scheme ensures that deserving students get the resources they need to succeed.

Here’s an overview of the scheme:

Key Highlights	Details
Nodal Agency	Higher Education Department, Ministry of Education
Beneficiaries	Students of Classes 9 and 11 in Government Schools
Budget Allocation	Rs 32.44 Cr (Pre-Matric), Rs 387.27 Cr (Post-Matric)
Scholarship Range	Rs 4,000 to Rs 3.72 lakhs annually
Official Website	scholarships.gov.in

Who Can Apply? – Eligibility Criteria

The Yasasvi Scholarship Scheme is tailored to assist students from underprivileged backgrounds. If you meet the following criteria, you are eligible to apply:

Community Requirement
- Belong to OBC, EBC, or DNT categories.
Education Level
- Must be studying in Class 9 or Class 11 in a government school.
Income Limit
- Family income should not exceed Rs 2.50 lakhs annually.
Attendance and Academic Performance
- Maintain at least 75% attendance and satisfactory academic performance.
Aadhaar Card
- Possess a valid Aadhaar Card for identification.

These criteria ensure that the benefits of the scheme reach the most deserving students.

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Benefits of PM Yasasvi Yojana 2024

This scheme is designed to provide comprehensive support for students at every stage of their academic journey. Let’s break down the benefits:

1. Pre-Matric Scholarship (Classes 9-10)

Students receive an annual stipend of Rs 4,000 to cover basic educational expenses.
Exceptionally talented students are eligible for scholarships up to Rs 75,000 annually, offering them access to premier educational institutions.

2. Post-Matric Scholarship (Higher Education)

Financial aid ranges from Rs 5,000 to Rs 20,000 annually, depending on the course level.
Bright students in Classes 11 and 12 can receive up to Rs 1.25 lakhs annually.

3. Support for National-Level Achievers

Students who qualify for National Entrance Exams are supported with scholarships up to Rs 3.72 lakhs annually, enabling them to attend top-tier institutions.

4. Freeship Card

This card waives upfront tuition and hostel fees, ensuring students can pursue higher education without worrying about initial costs.

5. Special Provisions for Inclusivity

30% of funds are reserved for female students, promoting gender equality.
5% of funds are allocated to students with disabilities, ensuring inclusivity and support for all.

Required Documents

To apply for the PM Yasasvi Yojana, you will need the following documents:

Aadhaar Card (For identification).
Income Certificate (To prove family’s annual income).
Caste Certificate (OBC/EBC/DNT category verification).
Residence Certificate (State of residence).
Recent Passport-Sized Photograph.
Latest Marks Sheet (From the previous academic year).
Bank Account Details (Including Account Number and IFSC Code).
Contact Details (Mobile number and email address).

These documents are vital to ensure proper verification and speedy disbursement of scholarship funds.

How to Apply for PM Yasasvi Yojana 2024

Applying for the scholarship is a straightforward process. Follow these steps to secure your future:

Step 1: Qualify for the Yasasvi Entrance Test (YET)

Register for the Yasasvi Entrance Test (YET) conducted by the National Testing Agency (NTA).
Pass the test to qualify for the scholarship.

Step 2: Register on the National Scholarship Portal (NSP)

Visit scholarships.gov.in and click on “New Registration.”
Fill in the following details: Upscholarshiplogin.com
- Date of Birth as per Aadhaar Card.
- State of Residence and Scholarship Category (Pre-Matric/Post-Matric).
- Bank Account Details, including Account Number and IFSC Code.
- Upload required documents.

Step 3: Submit Application

After registration, you will receive login credentials via SMS and Email.
Log in to the NSP portal, upload all required documents, and double-check your details.

Step 4: Verification and Fund Transfer

Your school or institution will verify your application.
Upon successful verification, the scholarship amount will be transferred directly to your bank account.

Why PM Yasasvi Yojana Matters

The PM Yasasvi Yojana is more than just a financial aid program—it’s a powerful tool for social upliftment. By focusing on the most disadvantaged communities, the scheme ensures that every child gets an equal opportunity to shine.

Key Goals of the Scheme:

To reduce dropout rates among students from marginalized communities.
To provide financial stability and encourage continued education.
To support exceptional students in achieving their dreams of joining premier institutions.
To promote inclusivity by reserving funds for female students and students with disabilities.

Conclusion: PM Yasasvi Yojana 2024

The PM Young Achievers Scholarship Award Scheme (Yasasvi) 2024 is a lifeline for countless students who dream of a better future. By addressing financial barriers, the scheme empowers young minds to pursue their goals without limitations. If you or someone you know meets the eligibility criteria, don’t miss this golden opportunity.

Apply today and take the first step toward a brighter, more secure future. Together, let’s build an educated and empowered India!

For more information and to apply, visit National Scholarship Portal.

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AQs About PM Yasasvi Yojana 2024

1. What is the PM Yasasvi Yojana?

The PM Yasasvi Yojana is a scholarship program by the Government of India that provides financial assistance to students from Other Backward Classes (OBC), Economically Backward Classes (EBC), and Denotified Nomadic Tribes (DNT). The scheme supports students in Classes 9 and 11, helping them continue their education and achieve their dreams despite financial hardships.

2. Who is eligible to apply for the Yasasvi Scholarship?

You are eligible for this scholarship if you meet the following criteria:
You belong to the OBC, EBC, or DNT category.
You are studying in Class 9 or Class 11 in a government school.
Your family’s annual income does not exceed Rs 2.50 lakhs.
You have a valid Aadhaar Card.
You have at least 75% attendance and satisfactory academic performance.

3. What are the benefits of the PM Yasasvi Yojana?

The scholarship provides financial aid to students at various levels:
Pre-Matric Scholarship (Classes 9-10):
Annual stipend of Rs 4,000 for basic educational expenses.
Up to Rs 75,000 annually for exceptionally talented students to join top schools.
Post-Matric Scholarship (Higher Education):
Financial aid ranging from Rs 5,000 to Rs 20,000 annually, depending on the level of education.
Up to Rs 1.25 lakhs annually for Classes 11 and 12.
Support for National-Level Achievers:
Scholarships up to Rs 3.72 lakhs annually for students qualifying for national entrance exams.
Freeship Card:
Waiver of upfront tuition and hostel fees for students pursuing higher education.

4. Is there any reservation for female students or differently-abled learners?

Yes! The scheme promotes inclusivity:
30% of funds are reserved for female students to ensure gender equality in education.
5% of funds are allocated to students with disabilities, empowering differently-abled learners to achieve their dreams.

5. What documents are required to apply?

Here’s a list of documents you need to apply:
Aadhaar Card (for identification).
Income Certificate (proof of family’s annual income).
Caste Certificate (OBC/EBC/DNT verification).
Residence Certificate (proof of living in the state).
Recent Passport-Sized Photograph.
Bank Account Details (Account Number and IFSC Code).
Latest Marks Sheet (from the previous academic year).
Contact Details (Mobile number and email address).

6. How do I apply for the PM Yasasvi Scholarship?

Follow these steps to apply:
Qualify for the YASASVI Entrance Test (YET):
Register for and pass the entrance test conducted by the National Testing Agency (NTA).
Register on the National Scholarship Portal (NSP):
Visit scholarships.gov.in.
Fill in your details, including Aadhaar Number, Bank Details, and Scholarship Category.
Upload the required documents and complete the registration process.
Verification:
Your school or institution will verify your application.
Receive Funds:
After successful verification, the scholarship amount will be directly transferred to your bank account.

7. What is the YASASVI Entrance Test (YET)?

The YASASVI Entrance Test (YET) is conducted by the National Testing Agency (NTA). It is mandatory for students to pass this test to qualify for the PM Yasasvi Yojana. The test ensures that scholarships are awarded to the most deserving and talented students.

8. Is there a deadline to apply for the Yasasvi Yojana?

Yes, the application process has specific deadlines. Make sure to regularly check the National Scholarship Portal (NSP) or the National Testing Agency (NTA) website for updates on application start and end dates.

9. How will the scholarship amount be disbursed?

The scholarship amount will be directly credited to the student’s registered bank account after successful verification by the school or institution.

10. Can students from private schools apply?

No, the scholarship is only for students enrolled in government schools.

11. Can students with previous scholarships apply for this scheme?

No, students who are already receiving financial aid under other government schemes are not eligible for the PM Yasasvi Yojana.

12. Can I contact someone for help?

Yes, the National Scholarship Portal has a helpdesk to assist students with their queries. Visit the website for contact details or call the helpline number available on the portal.