(THE GIST OF PIB) PM Young Achievers Scholarship Award Scheme (PM YASASVI)

(JANUARY-2024)

A total of Rs.32.44 Crore has been released for Pre-matric Scholarships and ₹387.27 Crore for Post-Matric Scholarships to States/Union Territories (UTs) under the PM YASASVI scheme in 2023.

It 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 of Pre-Matric Scholarships from Classes 9 to 10 and Post-Matric Scholarships for their higher education at the post-matriculation or post-secondary level.
Exceptional students also have the opportunity to receive scholarships for top-tier schools and colleges.
Additionally, hostel facilities are provided for OBC students through a construction scheme.

Other Backward Class (OBC), Economically Backward Classes (EBC), and Denotified, Nomadic, and Semi-Nomadic Tribes (DNT)
Parents or guardians annual income is not more than Rs. 2.50 Lakhs.
Studying in a Top Class School in Class 9 or 11.