PM Yashasvi Yojana 2026: Under this scheme, eligible students receive financial assistance ranging from ₹75,000 to ₹1.25 lakh per year, enabling them to continue their studies without financial hardship.

PM Yashasvi Yojana 2026: Every student dreams of pursuing a good education, yet rising educational costs pose a major challenge for many families. Covering expenses for fees, books, hostel accommodation, and other essentials is not easy for everyone. In this context, the Central Government's PM Yashasvi Scholarship Scheme (PM YASASVI Yojana) brings significant relief to academically bright students from economically weaker backgrounds. Under this scheme, eligible students receive financial assistance ranging from ₹75,000 to ₹1.25 lakh annually, allowing them to continue their education without financial constraints. The application process for the 2026-27 financial year has commenced, and eligible students can apply within the stipulated timeframe.

What is the PM Yashasvi Scholarship Scheme?

The PM Yashasvi Yojana is a scholarship scheme launched by the Central Government and administered by the Ministry of Social Justice and Empowerment. The scheme aims to provide financial assistance for education to students from economically weaker families. It offers support for expenses such as fees, books, stationery, and other study-related costs, thereby alleviating the financial burden of education on families.

How much financial assistance is provided?

Under the scheme, students in classes 9 and 10 receive an annual scholarship of ₹75,000. Meanwhile, students in classes 11 and 12 receive assistance of up to ₹1,25,000 per year. Additionally, financial aid is provided to students pursuing higher education or vocational courses to cover tuition fees, book costs, hostel charges, and other education-related expenses. In some cases, expenses for boarding and lodging, as well as essential educational materials like laptops, are also provided.

Who can apply?

To avail the benefits of this scheme, the student must belong to the OBC (Other Backward Classes), EBC (Economically Backward Classes), or DNT (Denotified, Nomadic, and Semi-Nomadic Tribes) community. Additionally, the family's annual income must not exceed ₹2.5 lakh. The student must be studying in Class 9 or Class 11, and their school board must have a track record of consistently delivering 100% results. Students meeting all these criteria are eligible to apply.

What is the application deadline?

The application process for the 2026-27 financial year has commenced. Applications—both new and for renewal—are being accepted starting June 1, 2026. The deadline for submission is August 31, 2026. Subsequently, educational institutions will verify the applications by September 15, 2026, while the deadline for verification at the ministry level is set for November 30, 2026.

How to apply?

To apply, one must first visit the official NTA website and select the 'Register' option. Next, complete the registration by providing necessary details such as name, email ID, date of birth, and password. Once registration is complete, a PDF containing the application details—including the application number—can be downloaded. The scholarship amount for selected students will be transferred directly to their bank accounts via DBT (Direct Benefit Transfer), enabling them to easily cover fees and other education-related expenses.