Government has approved the continuation of Central Sector National Means-cum-Merit Scholarship (NMMSS) over the 15th Finance Commission cycle for a period of five years i.e. from 2021-22 to 2025-26 with financial outlay of Rs. 1827.00 crore.
- Under eligibility criteria income ceiling has been increased from Rs.1.5 lakh per annum to Rs.3.5 lakh per annum.
- The objective of the scheme is to award scholarships to meritorious students of economically weaker sections to arrest their drop-out at class VIII and encourage them to continue their education at secondary stage.
- One lakh fresh scholarships of Rs.12,000/- per annum (Rs.1000/- per month) per student are awarded to selected students of class IX every year and their continuation/renewal in classes X to XII for study in State Government, Government-aided and Local body schools under the scheme.
- Students are selected for award of scholarships through an examination conducted by the State/ UT Governments. The scheme is boarded on the National Scholarship Portal (NSP).
