The AICTE YASHASVI (Young Achievers’ Scholarship and Holistic Academic Skills Venture Initiative) Scheme Guidelines 2024 outlines a strategic initiative designed to enhance engineering education in India, in alignment with the National Education Policy (NEP) of 2020. The initiative aims to motivate students to pursue core engineering disciplines at the diploma and undergraduate levels, specifically in fields such as Civil, Chemical, Electrical, Electronics, and Mechanical Engineering. The scholarship scheme is targeted towards meritorious students seeking admission in these core branches at AICTE-approved institutions, thereby fostering the growth of manufacturing industries in the country.
Objectives and Scholarship Structure
The YASHASVI scheme will commence for the academic year 2024-25 and is set to offer a total of 5,000 scholarships annually. This includes 2,500 scholarships for degree courses and 2,500 for diploma courses. Each scholarship is structured to provide financial support to students throughout their studies. Degree-level students will receive ₹18,000 per annum for a maximum of four years, while diploma-level students will receive ₹12,000 per annum for a maximum of three years. The payment will be disbursed through the Direct Benefit Transfer (DBT) mode on an annual basis.
Eligibility and Application Process
To qualify for the scholarship, candidates must be admitted to the first year of a degree or diploma-level course at any AICTE-approved institution. Interested students are required to apply online through the National Scholarship Portal (NSP) once the application process is initiated. The host institution will verify the applications, followed by a second level of scrutiny by the respective State/UT’s Department of Technical Education (DTE).
Selection Criteria
The selection process is based on merit derived from the candidates’ qualifying examinations. For degree-level students, merit will be determined based on their 12th-grade results, while for diploma-level students, the 10th-grade results will be the deciding factor. A merit list will be prepared state-wise, according to the number of scholarships available for each category.
In case of a tie in the merit list, specific criteria will be used to resolve it. For degree-level students, if the qualifying examination percentiles are the same, the higher percentage in the 12th examination will be prioritized, followed by age as a tiebreaker. Similar criteria apply to diploma-level students, focusing first on their 10th-grade results and then on age.
Reservation and Renewal Policies
The scholarship scheme adheres to the respective State Government’s reservation policies. Scholarships can be renewed for subsequent years, contingent upon the submission of passing certificates or mark sheets along with a renewal request through the NSP. If a student does not advance to the next level of study, the scholarship will be forfeited.
Terms and Conditions
Several important conditions govern the scholarship program:
- Eligibility Period: There should be no more than a two-year gap between passing the qualifying examination and the admission session for the degree or diploma course.
- Application Timing: Applications are accepted annually through the NSP, and incomplete submissions will be rejected outright.
- Category Inclusion: Reserved category students qualifying under the general category merit list will be considered as general category candidates for scholarship allocation.
- Financial Assistance Limitations: Recipients cannot accept financial support from any other source during their studies. If they do, the scholarship will be terminated, and funds must be refunded to AICTE.
- Field of Study Restrictions: The scholarship is exclusively for core engineering branches. Students who shift to other fields will lose their eligibility and must repay the scholarship amount.
- Monitoring: The scheme will be implemented and monitored by the AICTE, ensuring compliance with the outlined guidelines.
Grievance Redressal Mechanism
The provisional list of shortlisted candidates will be posted on the AICTE website, allowing for a month of grievance submission concerning the merit list. Queries regarding scholarship payment issues, such as incorrect account numbers, will be entertained for up to six months after the merit list’s publication.
Conclusion
The AICTE YASHASVI scheme is a pivotal initiative aimed at enhancing the quality and quantity of students pursuing core engineering fields in India. By providing financial support and creating a structured selection process, the scheme encourages students from diverse backgrounds to engage in technical education, thereby contributing to the country’s economic development and technological advancement. Through this initiative, the AICTE aims not only to address the immediate financial barriers faced by students but also to support the long-term growth of the engineering sector in alignment with national educational goals.
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