PM YASASVI Yojana is also known as the Young Achievers Scholarship Award Scheme for Vibrant India. This Yojana also supports and encourages students from communities like Other Backward Classes (OBCs), Economically Backward Classes (EBCs), and Denotified, Nomadic Tribes (DNTs) for higher studies. This Yojana comes under the Ministry of Social Justice & Empowerment to make sure every student gets a fair chance to succeed.
Under this Yojana students who are good at studies and want to pursue higher academics get support like paying college fees and accommodation from the government. This yojana helps students reach their goals of getting a good education and supporting India as a better and stronger country.
PM YASASVI Yojana Key Features
- Encourage to pursuit of quality education among OBC, EBC, and DNT students who leave their education in the middle. This yojana gives financial support for further studies to such students after passing Class XII.
- Financial support like providing up to ₹2 lakhs per annum to students doing studies from private institutions and ₹3.72 lakhs for specialized courses like Commercial Pilot Training etc.
- Accommodation expenses of ₹3,000 is given per month to every student.
- ₹5,000 per annum is given for books and stationery expenses.
- For the purchase of a laptop or computer ₹45,000 per student is given one time only.
- The fees are directly transferred to institutions and other expenses are directly transferred to students.
PM YASASVI Yojana Eligibility
- Students have to qualify YASASVI Entrance Test (YET) to qualify for this program.
- A family income of ₹2.5 lakhs annually or less than that is eligible.
- 30% of slots are for girls only.
- There should be only 2 children per family who are eligible.
PM YASASVI Yojana Benefits
- This yojana is supporting those people who are not treated equally by society.
- The yojana benefits from closing the education gap of OBC/EBC, and DNT students.
- The students who want to study further and are good at studying get this scholarship.
- Focuses on quality education from top institutes for such students who are not able to submit their fees.
- Encouragement of female students with 30% reservation makes way for participation in higher education.
Who Should Opt for PM YASASVI Yojana?
- Students from OBC, EBC, and DNT communities who are excellent in studies and want to make growth in their career or looking for admission to top-tier institutions for further studies after class 12th.
- Families who are unable to fund the fees of their child can also opt for yojana.
FAQs on PM YASASVI Yojana
Q1. What is the PM YASASVI Yojana?
A: The PM YASASVI Yojana is a scholarship program to support students from OBC, EBC, and DNT categories to pursue quality education.
Q2. Who is eligible to apply for the PM YASASVI Yojana?
A: Students from OBC, EBC, and DNT categories with an annual family income not exceeding ₹2.5 lakh are eligible.
Q3. How can I apply for the scholarship?
A: Applications are submitted online through the official website of the National Scholarship Portal (NSP) only.
Q4. What is the official website?
A: scholarships.gov.in
Q5. What is the YASASVI Entrance Test (YET)?
A: Students qualifying for the test and having the highest numbers will be eligible for the scholarship.
Q6. Is there a reservation for female students under this scheme?
A: Yes, 30% of the total scholarship is reserved for female students.
Q7. Can I renew the scholarship every year?
A: Yes, the scholarship can be renewed annually, if you maintain the progress.
Q8. What documents are required for the application?
A:
- Income certificate.
- Caste certificate.
- Proof of admission to a recognized institution.
- Academic records.
- Bank account details.
Q9. What if I fail the YET exam?
A: YET is mandatory for eligibility.
Q10. How are scholarship funds disbursed?
A: Tuition fees are directly transferred to the Institute and accommodation expenses and Books and stationary funds are transferred to the student’s bank account through the Direct Benefit Transfer (DBT) system.
Q11. Are there any limitations on the number of beneficiaries in a family?
A: Yes, the yojana is for 2 children per family.
Q12. Is there any penalty if a student fails to progress academically?
A: Yes, if a student fails in any semester or year then a scholarship will get cancelled.
Disclaimer: This review is based on my understanding of the PM YASASVI Yojana. Details provided here should be cross-verified with official sources. You can read more article related to Government Schemes.
