In today’s era of rising inflation, it has become very difficult to manage household expenses. Talking about children’s education, now parents have to spend a huge amount on their education also. Many bright students have to drop out of school due to financial difficulties; However, now no one needs to give up their studies. To ensure that the education of economically weaker students in the country does not stop due to lack of funds, the Central Government has launched several schemes. The most special among these schemes is PM Yashasvi Yojana. Under this scheme, OBC, EBC and DNT category students are given financial assistance for their studies. The government provides assistance to meet tuition fees, hostel fees, books and other study-related expenses.
What is PM Yashasvi Scheme?
The full name of this scheme is *Prime Minister Young Achievers Scholarship Award Scheme for Vibrant India* (PM Yashasvi). The scheme is managed by the Ministry of Social Justice and Empowerment. Its main objective is to provide financial assistance to the students of backward and economically weaker sections of the society to get better education.
Which students can get the benefit of this scheme?
It is important to note that the benefits of this scheme are mainly given to students from OBC, EBC and DNT communities. Some special eligibility conditions have been set for this, such as:
* Annual income of the family should be less than ₹ 2.5 lakh.
*The applicant should be studying in a recognized school or college.
* There is a provision of 30% reservation for girl students.
How much scholarship amount is given?
This scheme has been designed for students studying in classes 9 to 12. Class 9 and 10 students are entitled to financial aid of up to ₹75,000 every year. At the same time, students of class 11 and 12 are given assistance up to ₹ 1.25 lakh every year. This financial package includes tuition fees, hostel fees and other expenses related to studies.
how to apply?
Applications for PM Yashasvi Yojana are submitted online. To apply, please follow these steps:
Step 1: Register on the National Scholarship Portal. Step 2: Fill the required information. Step 3: Upload required documents.
Step 4: Enter your bank account information.
Step 5: Submit the application form.
Never make these mistakes while traveling by train; Otherwise you may be in danger of being robbed.
After the application is submitted, the concerned institution and the state government verify the documents. If you are found eligible, the scholarship amount is directly transferred to the student’s bank account. Talking about this scheme, it can prove to be very beneficial for those people who are not able to complete their studies due to financial problems.