PFMS Scholarship 2023 – PFMS know your payment Status, Login, Track, pfms.nic.in List

PFMS Scholarship 2023 – PFMS (Public Finance Management System), formerly known as CPSMS (Central Plan Scheme Monitoring System), is a distinctive web-based application to monitor the programs/schemes offered by the government in the social sector and track the disbursement of funds. It allows the students to track the payment status of all centrally-sponsored schemes and central sector schemes for which the payment is made through DBT (Direct Benefit Transfer Mode). The portal also enlists information on some of the scholarship schemes. 

Which scholarships are listed on PFMS? What is the difference between centrally-sponsored and central sector schemes? How can students track their scholarship payment status? Get answers to all these questions in detail in this article.  

PFMS Scholarship 2023 – General Overview

PFMS Scholarship 2023 – About PFMS Portal

Started in the year 2008-09, the CPSMS or PFMS portal was initially intended to monitor four flagship schemes of the Government of India namely, MGNREGS, PMGSY, NRHM and SSA in the states of Madhya Pradesh, Mizoram, Bihar and Punjab. 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 2023 – 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 2023 – 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 2023 – 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 2023 – Scholarship for University/College Students

PFMS Scholarship 2023 – Post-Matric Scholarship for SC/ST Students

PFMS Scholarship 2023 – Pre-Matric Scholarship for SC Students

PFMS Scholarship 2023 – National Means cum Merit Scholarship 

PFMS Scholarship 2023 – Top Class Education Scheme for SC Students

PFMS Scholarship 2023 – National Scheme of Incentive for Secondary Education of Girl Child

PFMS Scholarship 2023 – Post-Matric Scholarship for OBC Students 

PFMS Scholarship 2023 – 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 2023 – 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 2023 – FAQs

Q. How can a student check his/her PFMS scholarship balance? 

The students can check their PFMS scholarship balance online through PFMS. They need to provide their bank name, account number and NSP application ID (if applied through NSP) to get their actual status. 

Q. How can a student check for government scholarship in PFMS? 

To check for government scholarships in the PFMS portal, students need to visit the home page of PFMS and click on the ‘Scheme Listing’ given under ‘Scheme Detail’ section of the menu bar.