PFMS Scholarship Scheme Details

The Public Financial Management System, abbreviated as the PFMS is an online portal set up by the Ministry of Finance, India. This portal (pfms.nic.in) is maintained by the Controller General of Accounts which issues scholarships to students from the socioeconomically disadvantaged groups in society.

This is an initiative by the Government of India to financially assist and encourage the primary recipients of the PFMS scholarship in order to fund their studies. Under this scheme, there are multiple scholarship programs that a student can apply for to pursue diploma programs, graduation, post-graduation, or schooling. After the implementation of the PFMS Scholarship Programs by the government, education facilities have improved in the country.

PFMS Scholarship Highlight

Benefits of the PFMS Scholarship

The PFMS scholarship portal has a Direct Benefits Transfer facility for deserving students. This means all students enrolled in the PFMS Portal scholarship program will receive their scholarship money directly into their bank accounts. The Direct Benefits Transfer or the DBT has made scholarship transactions efficient and transparent.

List of PFMS Scholarships

The Ministry of Finance, Government of India has published various scholarship programs under the PFMS scheme. This includes both pre- (classes 1-10) and post-matriculation (Class 10 and above) scholarships, among many more. The PFMS is an exclusive online portal that offers a number of education grants to students.

Here is a detailed list of PFMS Scholarship Programs for 2024–2025:

• Pre-Matric Scholarship for SC Students
• Post-Matric Scholarship for SC Students
• Scholarship for Universities/College Students
• National Scheme for Incentive for the girl child for secondary education
• National Means cum Merit Scholarship
• Gradation of Merit of SC Students
• Top Class Education Scheme for SC
• Post-Matric Scholarship for OBCs

Documents Required for PFMS Scholarship Registration

Students who are applying for the PFMS Scholarship must have the following documents to register:

1. Aadhar Card
2. Date of Birth Proof
3. Address Proof
4. 10th Marksheet
5. 12th Marksheet
6. Past Educational Marksheet  and Certificate
7. School or College Identity Proof
8. Family Income Proof
9. Passport Size Photo

If there is any discrepancy found in the documents or any document is not verified, the beneficiaries will not be eligible for benefits under the applied scholarship plan.

PFMS Scholarship Eligibility Criteria

• The students should be permanent residents of India.
• NRI student candidates are not allowed to apply for the scholarship.
• Students should have all the necessary documents.
• For the Pre-Matric Scholarship, students should have educational marksheets from a recognized board.
• For the Post Matric Scholarship students must have a 10th-grade certificate from a recognized board.
• Students must have a 12th-grade mark sheet to apply for college/university scholarships.
• The annual family income of the parents should not be more than Rs. 3,00,000.

PFMS Scholarship Important Dates 2024

PFMS Scholarship Application Process

Step 1: Log in to the PFMS official portal

Step 2: Select the ‘Scholarship Button’ to look for the list of scholarships

Step 3: Choose the direct link of any scholarship scheme a candidate is applying for

Step 4: On the new page, click on the ‘new registration’ option to register for the scholarship

Step 5: Fill in the required information and complete the OTP verification

Step 6: The page will be automatically directed to fill in further details

Step 7: Carefully fill in your bank details and other necessary information

Step 8: Click on ‘submit’ to complete the registration process

Detailed Scholarship Amount