PM Young Achievers Scholarship 2024: Education is one of the most powerful tools for shaping a brighter future. Recognizing this, the PM Young Achievers Scholarship Award Scheme for Vibrant India (PM-YASASVI) was launched to provide financial support to talented students from underprivileged backgrounds. In 2024, the program continues to empower students, helping them overcome economic barriers and achieve academic excellence. The initiative not only aids in academic development but also builds confidence among students, encouraging them to excel in their chosen fields.

Whether you are a student, parent, or educator, this article provides a comprehensive guide to understanding the scholarship, its benefits, eligibility criteria, and application process. It also explores the broader impact of scholarships like this on societal equality and economic development. Let’s dive in!
PM Young Achievers Scholarship 2024
Feature | Details |
---|---|
Scholarship Name | PM Young Achievers Scholarship Award Scheme for Vibrant India (PM-YASASVI) |
Eligibility | Students from OBC, EBC, and DNT categories; income below ₹2.5 lakh annually |
Benefits | Annual financial aid of up to ₹1.25 lakh; tuition, hostel fees, and living expenses covered |
Age Criteria | 15-18 years for post-secondary education; 12-15 years for pre-secondary education |
Official Website | National Scholarship Portal |
Application Process | Online via NSP with YET entrance exam |
Key Dates | Applications open in July 2024; Entrance exam in September 2024 |
The PM Young Achievers Scholarship 2024 is a life-changing opportunity for students from underprivileged backgrounds. By providing financial aid and access to quality education, the program ensures that talent and hard work are not limited by financial barriers. Beyond academics, the initiative fosters self-confidence and societal integration for marginalized communities. Whether you are a student dreaming big or a parent seeking opportunities for your child, this scholarship could be the gateway to a brighter future.
The transformative power of education cannot be overstated, and programs like PM-YASASVI ensure that no deserving student is left behind due to financial limitations. Take the first step today and pave the way for success.
What Is the PM Young Achievers Scholarship?
The PM-YASASVI Scholarship is an initiative by the Ministry of Social Justice and Empowerment to uplift students from marginalized communities such as Other Backward Classes (OBC), Economically Backward Classes (EBC), and Denotified Tribes (DNT). The goal is to remove financial hurdles that might otherwise limit access to quality education.
This scholarship addresses both immediate financial needs and long-term aspirations by covering a range of expenses such as tuition fees, hostel charges, and other educational costs. Additionally, the program aims to create a more inclusive educational environment where students from all socioeconomic backgrounds can thrive equally.
Studies have shown that access to financial aid significantly improves academic outcomes. For instance, scholarships similar to PM-YASASVI have led to higher school retention rates and better performance in higher education. By offering holistic support, this initiative also encourages beneficiaries to dream bigger and achieve their potential.
Benefits of PM-YASASVI Scholarship
This scholarship goes beyond just tuition reimbursement, offering a comprehensive financial package that addresses the varied needs of students. Here’s what recipients can expect:
1. Pre-Matric and Post-Matric Scholarships
- Pre-Matric: For students in Classes 9 and 10, an annual grant of ₹4,000 is provided to cover essential school-related expenses.
- Post-Matric: For students in post-secondary education, allowances range from ₹5,000 to ₹20,000 per year, depending on the course and institution.
2. Top-Class Education Schemes
- School Education: Scholarships of up to ₹1.25 lakh per year for meritorious students in Classes 9-12. This amount covers tuition fees, hostel expenses, and additional academic requirements such as study materials.
- College Education: Full funding for students admitted to premier institutions like IITs, NITs, and other nationally recognized universities. This includes tuition, accommodation, and even stipends for miscellaneous expenses.
3. Freeship Cards
Eligible students receive a Freeship Card, which ensures they can enroll in their preferred educational institutions without needing to pay fees upfront. This feature minimizes financial pressure on families and promotes smoother enrollment processes.
4. Empowering Marginalized Communities
By specifically targeting students from OBC, EBC, and DNT communities, the scholarship actively works towards reducing systemic inequalities. It opens doors for students who might otherwise lack opportunities due to financial or social constraints.
Who Can Apply for PM Young Achievers Scholarship
Eligibility Criteria
To qualify for the PM-YASASVI Scholarship, applicants must meet the following conditions:
- Nationality: Must be an Indian citizen.
- Category: Belong to OBC, EBC, or DNT groups.
- Income Limit: Annual family income should not exceed ₹2.5 lakh.
- Educational Qualification:
- For Pre-Matric Scholarship: Must have passed Class 8 and enrolled in Class 9.
- For Post-Matric Scholarship: Must have passed Class 10 and enrolled in Class 11 or higher.
- Age: Applicants should be between 12-18 years, depending on the program.
Documents Required
Ensure you have the following documents ready to avoid any delays in the application process:
- Aadhaar Card for identity verification.
- Caste Certificate issued by a competent authority.
- Income Certificate to confirm financial eligibility.
- Bank Account Details linked with Aadhaar for direct benefit transfer.
- Academic Records showcasing previous qualifications.
- Recent Passport-Sized Photograph for identification.
How to apply for PM Young Achievers Scholarship 2024
Follow these simple steps to apply for the PM-YASASVI Scholarship:
1. Register on the National Scholarship Portal (NSP)
- Visit the NSP website.
- Create an account by providing your personal details, email, and mobile number.
2. Complete the Application Form
- Log in using your credentials.
- Fill out the application form with accurate information.
- Upload the required documents in the specified formats.
3. Appear for the YET Entrance Test
- Register for the YASASVI Entrance Test (YET) conducted by the National Testing Agency (NTA).
- Prepare for the exam using the syllabus provided on the official NTA website.
- The test ensures transparency and meritocracy in the selection process.
4. Submit Your Application
- Review your application to ensure all details are accurate.
- Submit your form before the deadline.
- Keep a copy of the acknowledgment receipt for reference.
Key Dates to Remember
- Application Opens: July 2024
- Application Deadline: January 2025
- YET Exam Date: September 2024
For the latest updates, visit the NTA website or the NSP portal.
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FAQs about PM Young Achievers Scholarship 2024
1. Who is eligible for the PM-YASASVI Scholarship?
Students from OBC, EBC, and DNT categories with an annual family income below ₹2.5 lakh can apply. Age and educational qualifications also apply.
2. What expenses does the scholarship cover?
The scholarship covers tuition fees, hostel charges, living expenses, and other academic costs, providing holistic support to students.
3. How can I apply for the scholarship?
Applications are submitted online via the National Scholarship Portal. Students must also appear for the YET entrance exam.
4. Is there an age limit?
Yes, applicants should be between 12-18 years.
5. What is the YET exam?
The YASASVI Entrance Test is a competitive exam conducted by the NTA to evaluate scholarship eligibility.
6. Can private school students apply?
Yes, students enrolled in both government and private schools are eligible as long as they meet the other criteria.