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The Public Financial Management System program is a central authority-scholarship program through which financial assistance is given to beneficiaries who are eligible. There are some basic eligibility standards a candidate should meet to become eligible for the PFMS scholarship scheme and get benefits under it.

In this article, we are going to tell you about the PFMS scholarship program, such as the PFMS application process, documentation required, and eligibility standards. Also, we will tell you here how to check the status of your PFMS scholarship payments.

About PFMS Scholarship Portal 2024

PFMS stands for Public Financial Management System. PFMS is a web portal launched by the Controller General of Accounts, Ministry of Finance. The main beneficiaries of this PFMS Scholarship are all students who belong to the economically weaker sections of society. Using this PFMS scholarship, the government aims to assist and encourage students financially. Various Scholarship schemes are available for all levels of education, Graduation, Post Graduation, and Diploma Courses Students. With this The Public Financial Management System scholarship program, the government of India aims to improve education in the country.

Name of PortalPFMS Scholarship Portal
PFMS Full FormPublic Financial Management System
Portal Comes Under AuthorityController General of Accounts, Ministry of Finance
Authority Managed ByGovernment of India
Beneficiary of PFMS PortalStudents who belong to economically weaker Sections of Society. And their parents could not have the funds for their education.
CategoryScholarship Scheme
PFMS Scholarship Portal FacilitiesScholarship Apply Online, Balance Check, Scholarship Renewal, Scholarship Scheme For Different States, And Many More.
Official Website

List of PFMS Scholarship 2024-25

NSP Scholarship Portal provides numerous scholarship Schemes, such as Pre-Matric Scholarship, Post-Matric Scholarships and Many More. Public Financial Management System is a single scholarship portal that provides various scholarships. Each pursuing Course Student gets access to a different scholarship scheme. Students who are studying in Class 1st to 10th Standard can apply for a Pre-Matric Scholarship. Along with it students who’re studying between 11th to 12th Standard can apply for the Post Matric Scholarship Scheme. Here is the List of PFMS Scholarships 2024-25.

Scholarship Schemes

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

Scheme Types

  • Centrally Sponsored Schemes
  • Central Sector Schemes
  • Other Schemes

Main Benefits of PFMS Scholarship 2024

PFMS Scholarship is for all those students who want to Study but do not have enough funds. The Government of India launched this portal to give financial assistance to students in the form of Scholarships. Here are the benefits of these scholarships

Scholarship NameBenefit Amount
Scholarship to Universities/College StudentsAmount 1000 to 2000 Per Month
Pre Matric ScholarshipsComplete Study Maintenance Allowance, Study travel Charges, Typing and Printing Charges, etc
Post Matric ScholarshipComplete Study Maintenance Allowance, Study travel Charges, Typing and Printing Charges, etc
National Scheme for Incentive for the woman child for secondary trainingINR. 3000/- Once
National Means Cum Merit SchemeINR. 6000/- Annually
Scholarship of Top-Class Education For SC College StudentsFull Tuition Fee Upto INR. 2 Lakh
Post-Matric Scholarship for college kids belonging to OBCs (PMS-OBC)Updated Soon

Eligibility Criteria

To apply for this scheme, the candidate must have these criteria and documents. Those who do not meet eligibility standards cannot apply for scholarships. So, here are the eligibility criteria given below

  • The applicant must be a permanent resident of India
  • The annual income of the beneficiary’s family must be under Rs. 600000/-
  • Age criteria for applicants vary between 18 and 25 years
  • Applicant should have cleared the minimum examination of Secondary Education, that is, matriculation

Documents Required for PFMS Scholarship

To apply for the PFMS scholarships, the following documents are required. Here are the essential documents

  • Educational certificates
  • Marksheet
  • Domicile certificates
  • Certificate of caste
  • Passport length photo
  • Aadhar Card details
  • Receipt of fees
  • Mobile wide variety
  • Bank account information
  • Certificate of family income

PFMS Login Process

If you need to login yourself through the official portal of PFMS, then you have to follow the simple method given below.

  • First of all, visit the official website,
  • On the homepage, pick your year from the drop-down listing.
  • Enter your username and password.
  • Click on the Login Button

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PFMS Scholarship Payment Status

Students who’ve applied for PFMS schemes can easily check their payment status. For this, here are steps that they should follow  

Payment Status for NSP

To check the scholarship status of schemes available on NSP, follow the steps given below.

  • Visit the official site of PFMS.
  • Click on the ‘Track NSP Payments’ tab, and a form will appear.
  • Fill in the required information in the form, such as bank name, account number, and NSP application ID.
  • Fill in the captcha and click on the ‘Submit’ button to get the real-time payment status of your Scholarship.

Payment Status for Other Scholarships

To check the status of scholarships aside from NSP scholarships, follow the steps given below.

  • Visit the official portal of PFMS.
  • Tap on ” Know your payment tab” and now the tracking window opens in front of you.
  • Provide details like the bank name and account number (as stated in the scholarship application).
  • Fill in the captcha and click on the ‘Submit’ button to get the latest status of the scholarship amount.

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The Public Financial Management System PFMS Scholarship 2024 grants students who want to succeed in prestigious faculties and faculties. This scheme is the best government scheme and is to be had in nearly all of the states of the country. Students who are struggling financially can depend on such scholarships as PFMS and get help to pay their education fees and stay stress-free.

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