Post Matric Scholarship Scheme
This is a Centrally Sponsored Scheme implemented through States/UTs who are responsible for Inviting applications from students online through State Portal or National Scholarship Portal, check eligibility verification and disbursement of scholarship to eligible ST students directly to their bank accounts through DBT. Funds are released by this Ministry to the State Governments/UTs based on their proposal comprising of Statement of Expenditure, Furnishing of Utilization Certificate and Uploading of beneficiary data on DBT Portal
Salient features of the scheme :
- Applicable to students who are pursuing any recognized course from a recognized institution for which qualification is Matriculation/Class X or above.
- Parental income from all sources should not exceed Rs.2.50 lakhs per annum.
- Scholarship has 2 components. First is payment of compulsory fees charged by educational institutions subject to the limit fixed by the concerned State. Second is payment of Maintenance amount varying from Rs.230 to Rs.1200 per month, depending upon the course of study pursued by the student.
- Funds shared at the ratio of 75:25 between the Centre and State Governments/UT and in ratio of 90:10 for NE and Specially Category States/UTS (UT of Jammu & Kashmir, Himachal Pradesh and Uttarakhand). For UT without legislature 100% grant is given by Centre.
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