PM Yasasvi Post-Matric Scholarship Scheme for OBC, EBC and DNT Students, Chandigarh 2024-25

•  A maximum of two males from the same family can receive scholarships under this scheme. This restriction does not apply to females.
• Scholarship recipients cannot hold other scholarships/stipends concurrently. If awarded another scholarship, students can choose the more beneficial option and inform the awarding authority through their institution's head. Scholarship payments under this scheme will cease once another scholarship/stipend is accepted.
• Students can accept additional benefits like free lodging, book grants, equipment grants, or boarding/lodging expenses (from the state government or other sources) alongside the scholarship amount.
• Students receiving coaching assistance from the central/state government for pre-examination training centers remain eligible for the scholarship but won't receive a separate stipend under the coaching scheme during the coaching program.
• Employed students whose combined income (theirs and their parents'/guardians') doesn't exceed ₹1,50,000 per annum are eligible for post-matric scholarships. However, the scholarship will cover only the reimbursement of compulsory, non-refundable fees.
• Unemployed students whose parents'/guardians' total annual income doesn't exceed ₹1,50,000 are eligible for the full scholarship under the scheme.
• Only the income of parents/husband (for married unemployed women) from all sources is considered, not income from other family members even if they earn.
  Students who become eligible due to the death of a parent affecting their family income below the scheme's income ceiling are eligible, subject to other conditions. This applies from the month of the parent's death. Applications from such students can be considered even after the deadline on compassionate grounds
• House Rent Allowance received by parents is excluded from income calculations if it's exempt for income tax purposes.
• An income certificate is only required once, upon admission to courses lasting more than one year.
• The scholarship is awarded from the semester/year it's granted until course completion, subject to good conduct and regular attendance.
• For multi-year courses, the scholarship will be renewed annually if the student secures promotion to the next higher class, regardless of whether the exams are conducted by a university or the institution itself.
• If an OBC student pursuing a Group A course fails an exam for the first time, the scholarship may still be renewed. However, for second or subsequent failures in any year, the student will need to cover their own expenses until they are promoted to the next class.
• If a scholar is unable to take the annual exam due to illness or unforeseen circumstances, the scholarship may be renewed for the following year. This requires a medical certificate or other valid proof submitted to the Head of the Institution, who must be satisfied the student would have passed had they taken the exam.
• If a university/institution regulation allows promotion to the next class even if a student hasn't passed the previous year, but requires them to retake the lower class exam later, the scholarship will still be awarded for the higher class, assuming the student meets other eligibility criteria.

• Maintenance Allowance:

  • Maintenance charges are paid from the later of April 1st or the month of admission and continue until the end-of-year exams (including holidays).
  • If admitted after the 20th of a month, the allowance starts the following month.
  • For renewed scholarships in continuous courses, payments resume the month following the previous year's final payment.

• Textbook and Stationery Allowance:

  • The scholarship is intended to cover textbooks and stationery.
  • If the Head of the Institution reports a scholar lacking these materials, the scholarship amount may be reduced at the discretion of the scholarship authority.

• Payment Process:

  • Scholarship money is paid directly to students by their state/union territory government according to established procedures.

• Internship/Practical Training:

  • Scholarships are not awarded during internship/housemanship in MBBS courses or practical training in other courses if students receive remuneration or stipends during these periods.

• Fund Allocation:

  • 30% of allocated funds are reserved for female students and 5% for students with disabilities.

Scholarship Termination and Repayment:

• Unsatisfactory Progress or Misconduct:

  • The scholarship can be terminated, or payments stopped/withheld, if the Head of the Institution reports unsatisfactory progress, misconduct (including strikes or unauthorized absences), or any reason deemed fit by the scholarship authority.

• False Information:

  • Scholarships obtained through false statements will be immediately cancelled, and any payments made may be recovered at the state government's discretion. The student will also be blacklisted from future scholarship schemes.

• Changing Course or Institution:

  • Changing the course or institution without prior state government approval will result in scholarship cancellation. The Institution Head will inform the scholar and stop payments. Previously paid amounts may also be recovered at the state government's discretion.

• Discontinuing Studies:

  • Students who discontinue their studies during the awarded year may be required to repay the scholarship amount at the state government's discretion.

• Changes to Scheme:

  • The Government of India has the authority to modify the scholarship scheme at any time.

Note:- For detailed information, kindly go through 'Scholarship Guidelines'.