Hello! I’m Praveen Gouda, and I’m here to guide you through the PM Young Achievers Scholarship Award Scheme (Yasasvi) 2024. This scholarship program is a game-changer for students from marginalized communities, offering significant financial assistance for academic growth and empowerment. Let’s dive into its details, benefits, eligibility criteria, and application process.
What is the Yasasvi Scheme?
The PM Young Achievers Scholarship Award Scheme, popularly known as Yasasvi, is a government initiative designed to support students from Other Backward Classes (OBC), Economically Backward Classes (EBC), and Denotified Nomadic Tribes (DNT). It provides financial aid for students at various educational levels to ensure uninterrupted learning and access to quality education.
Key highlights of the scheme include:
- Scholarships for students in Classes 9 and 10 (pre-matric).
- Funding for higher education under the post-matric scholarship category.
- Enhanced support for admission into prestigious institutions.
- Improvements in hostel facilities for OBC students.
Financial Backing
The scheme has been allocated a substantial budget:
- Pre-matric scholarships: ₹32.44 crore.
- Post-matric scholarships: ₹387.27 crore.
These funds aim to ensure financial stability for students across India, including Union Territories.
Eligibility Criteria for Yasasvi Yojana
To qualify for the scholarship, applicants must meet the following conditions:
- Grade Level: Students must be enrolled in Class 9 or Class 11 in a government school.
- Family Income: The annual family income must not exceed ₹2.5 lakh.
- Aadhaar Card: Possession of a valid Aadhaar card is mandatory.
- Attendance and Performance: Students should have a minimum attendance of 75% and satisfactory academic performance.
Benefits of the Yasasvi Scholarship Scheme
The Yasasvi Scheme offers varying financial assistance based on educational levels and student performance:
- Pre-matric Scholarships:
- Students in Classes 9 and 10 receive ₹4,000 annually.
- Post-matric Scholarships:
- Students pursuing higher education receive ₹5,000 to ₹20,000 annually.
- Top-Class Scholarships:
- Outstanding students in Classes 9 and 10 can earn up to ₹75,000 annually.
- For students in Classes 11 and 12, scholarships go up to ₹1,25,000 annually.
- Higher Education Aid:
- Scholarships for students qualifying for top national entrance exams range from ₹2 lakh to ₹3.72 lakh annually.
- FREESHIP Card:
- Covers tuition and hostel fees for students enrolling in higher education institutions.
- Inclusivity Focus:
- 30% of funds are reserved for female students.
- 5% of funds are reserved for students with disabilities.
Documents Required
Applicants must provide the following documents:
- Aadhaar Card.
- Family Income Certificate (not exceeding ₹2.5 lakh annually).
- Caste Certificate (if applicable).
- Proof of Residence.
- Recent Passport-sized Photograph.
- Bank Account Details.
- Latest Academic Marks Sheet.
How to Apply for Yasasvi Yojana?
The application process is simple but requires students to first qualify for the Yasasvi Entrance Test (YET) conducted by the National Testing Agency (NTA).
Here’s a step-by-step guide:
- Visit the National Scholarship Portal
- Go to scholarships.gov.in.
- New Registration
- Fill in your birth date, state of residence, and scholarship category.
- Provide Contact Details
- Enter your mobile number and email ID.
- Submit Bank Details
- Provide your bank account number and IFSC code for direct fund transfers.
- Aadhaar Verification
- Enter your Aadhaar card number for identification.
- Upload Documents
- Log in with your credentials, upload required documents, and verify the details before submitting.
Once your application is submitted, a verification process will take place. Approved students will receive funds directly in their bank accounts.
Conclusion
The PM Young Achievers Scholarship Award Scheme (Yasasvi) is a beacon of hope for students from marginalized communities, empowering them to achieve academic success without financial constraints. Whether you’re aiming for secondary school completion or higher education, this scheme ensures you have the resources to reach your goals.
As someone passionate about student welfare, I strongly recommend eligible students to seize this opportunity. Together, let’s build a future where education is accessible to all!
FAQs
Q1: Who is eligible for the Yasasvi Scholarship?
Students from OBC, EBC, or DNT communities studying in Classes 9 or 11 with a family income below ₹2.5 lakh are eligible.
Q2: How can I apply for the scholarship?
Students must qualify through the Yasasvi Entrance Test and register on the National Scholarship Portal.
Q3: What is the maximum scholarship amount?
Students can receive up to ₹3.72 lakh annually, depending on their educational level and course.
Feel free to ask if you have further questions or need assistance with the application process. 😊