Organization : MVJ Medical College & Research Hospital
Scholarship Name : Central Scheme of Scholarship for College & University Students
Hospital Location : Kolathur
Website : https://mvjmc.edu.in/
Central Scheme of Scholarship for College & University Students:
A new Central Sector Scheme of Scholarship for College and University Students has been introduced during XI Five Year Plan. The objective of the scheme is to provide financial assistance to meritorious students from poor families to meet a part of their day-to-day expenses while pursuing higher studies.
The scholarships are awarded on the basis of the results of senior secondary examination. 82,000 fresh scholarships per annum (41,000 for boys and 41,000 for girls) for graduate/post-graduate studies in colleges and universities and for professional courses, such as Medical, Engineering, etc. could be provided. The total number of scholarships has been divided amongst the State Boards based on the State’s population in the age group of 18-25 years, after segregating share of Central Board of Secondary Education (CBSE) and Council for the Indian School Certificate Examination (CISCE) on the basis of number of students passing out from various Boards in the country. The number of scholarships allotted to the Boards are to be distributed amongst pass out of the Science, Commerce and Humanities streams of the Boards in the ratio of 3:2:1. Students who are above 80th percentile of successful candidates in the relevant stream for a particular Board of Examination, in class XII of 10+2 pattern or equivalent and having family income of less than Rs.6 lakhs per annum, pursuing regular courses (not correspondence or distance mode) from recognised educational institutions and not availing of any other scholarship scheme, would be eligible for consideration under this Scheme. This is applicable to all categories of students both ‘general’ and ‘reserved’.
The rate of scholarship are Rs. 1000/- at Graduation level for the first three years of College and University courses and Rs. 2000/- per month at Post-Graduation level. Students pursuing professional courses would get Rs. 2000/- per month in the 4thand 5th year. The scholarships would be paid for 10 months in an academic year. This is subject to annual renewal on the basis of stringent criteria.
The Central Sector Scheme of Scholarship for College and University Students is covered under the Direct Benefit Transfer (DBT). Under the Direct Benefit Transfer (DBT) Programme of the Government of India, scholarships are disbursed directly into the bank accounts of the beneficiaries.
For smooth operation of the Direct Benefit Transfer (DBT), the Central Plan Scheme Monitoring System (CPSMS) has been devised. The CPSMS is a Web Based Transaction System, which facilitatesn Aadhaar Payment Bridge (APB) and Electronic Clearance Service (ECS) /National Electronic Clearing Service (NECS) /National Electronic Funds Transfer (NEFT) based payments.