PFMS Scholarship 2025 – Check Status, Amount, Eligibility & Online Application Process

PFMS Scholarship Overview 2025

What’s New in PFMS 2025? 

• Instead of sending money in advance and keeping it parked with banks, funds will be released only when they are actually needed. This means less idle money sitting in banks.
• Currently, money is sent out beforehand to different agencies. In the new system, money will be sent only when the agencies ask for it by giving payment instructions.
• Also, instead of counting the released funds immediately as expenses, the money will be recorded as transfers first. The actual spending will be reported later by the agencies when they use the funds.

What’s the Use of PFMS 2025?

• Payment & Exchequer Control
• Accounting of Receipts, Compilation of Accounts and Preparation of Fiscal Reports
• Mandate for Direct Benefit Transfer (DBT)
• Interface with Banks
• Integration with Treasuries and Financial Management Systems of States
• Interface with NPCI
• Interface with External System

Verticals of PFMS

• Government Integrated Financial Management System-GIFMIS
• Technology & Risk Management (TRM)
• Banking & Report (BR)
• Roll Out
• Direct Beneficiary Transfer (DBT)
• Administration, Coordination & Training

DBT Stats 2025-26

Scheme-Wise Direct Benefit Transfer (DBT) Stats 2024-2025

DBT Stats Over the Years (2013-14 to 2025-16)

PFMS Organizational Chart

PFMS Scholarship 2025 – About PFMS Portal

Started in the year 2009, the CPSMS or PFMS portal was initially intended to monitor four flagship schemes of the Government of India. However, it was linked to the financial networks of Central/State Governments and agencies of state governments at a later stage. Furthermore, the Government of India announced the DBT scheme in 2013 which was meant to be implemented through the PFMS portal. 

Under the DBT (Direct Benefit Transfer) scheme, the payments for scholarships, pensions and other social welfare schemes were directly transferred to the ultimate beneficiaries through PFMS (Aadhaar enabled or via NEFT). This, in turn, allows the students to track their payment status online. 

The schemes for which payment status can be availed through the PFMS portal are broadly categorized into two categories namely – 

1. Centrally-sponsored schemes 
2. Central sector schemes

PFMS Scholarship 2025 – Central Sector Schemes

The Central Sector Schemes are those schemes, which are 100% funded by the Central Government and are implemented through a central government agency. For example – The scholarship schemes are implemented through the National Scholarship Portal (NSP). These scholarships can also be broadly termed PFMS Scholarships. 

PFMS Scholarship 2025 – Centrally-Sponsored Schemes (CSS)

Unlike the Central Sector Schemes which are 100% funded by the Central Government, the centrally-sponsored schemes include those schemes wherein a percentage of funding is borne by the State Governments. These schemes are implemented through the State Government. For example, the scholarships that are listed under the state schemes section on the NSP portal.

PFMS Scholarship 2025 – List of Scholarships

Now, when candidates are aware of the types of scholarships that are monitored through PFMS, it is equally important to get a detailed overview of each PFMS scholarship. The portal enlists the information of some of the most popular scholarship schemes including Post-Matric Scholarships for SC, ST and OBC students, Scholarships for University/College students, National Means cum Merit Scholarship, etc. Given below is a detailed overview of each scholarship listed on the PFMS portal. 

PFMS Scholarship 2025 – Scholarship for University/College Students

PFMS Scholarship 2025 – Post-Matric Scholarship for SC/ST Students

PFMS Scholarship 2025 – Pre-Matric Scholarship for SC Students

PFMS Scholarship 2025 – National Means cum Merit Scholarship 

PFMS Scholarship 2025 – Top Class Education Scheme for SC Students

PFMS Scholarship 2025 – National Scheme of Incentive for Secondary Education of Girl Child

PFMS Scholarship 2025 – Post-Matric Scholarship for OBC Students 

PFMS Scholarship 2025 – Know the Payment Status

The candidates who have applied for any centrally-sponsored scholarship through state implementing agencies can track their scholarship payment status online through PFMS portal. Follow the steps given below to track the PFMS scholarship payment status –

Step 1: Visit the official website of PFMS. 

Step 2: Click on the ‘Know your payment’ section. 

Step 3: A separate tracking window will open. Fill in all required details like the bank name and account number. 

Step 4: Enter the word verification (captcha) and click on the ‘Search’ tab. 

Step 5: The current status of the candidate’s scholarship amount will be displayed (whether the amount has been transferred to the account or not). 

PFMS Scholarship 2025 – Track NSP Payments

To track the payment status of scholarships available on the National Scholarship Portal, students are provided with a distinctive feature on the PFMS portal. While the students can track the status of their application on the NSP portal itself, they can further track its disbursement status online through PFMS. Follow the steps given below –

Step 1: Visit the official website of PFMS.

Step 2: Click on the ‘Track NSP Payments’ section. 

Step 3: Fill in all required details like bank name, account number and NSP application ID. 

Step 4: Enter the word verification (captcha) and click on the ‘Search’ button. 

Step 5: The current payment status of the NSP scholarship amount will be displayed.

PFMS Scholarship 2025 – FAQs