Scholarships for Higher Education for Young Achievers Scheme (SHREYAS) for OBC & Others
Scholarships for Higher Education for Young Achievers Scheme (SHREYAS) for OBC & Others
The scheme Scholarships for Higher Education for Young Achievers Scheme-SHREYAS, has been proposed to implement during the 2021-22 to 2025-26 by placing two ongoing Central Sector schemes for OBC and others namely –
The main objective of the schemes is Educational Empowerment of OBC & EBC students by way of awarding fellowship (financial assistance) in obtaining quality higher education and interest subsidy on educational loan for overseas studies.
The Scheme comprises following two components
Component 1. National Fellowship for OBC students
The scheme aims at providing financial assistance to the OBC students in obtaining quality higher education leading to degrees such as M.Phil and Ph.D in universities, research institutions and scientific institutions.
The scheme is designed to provide a total number of 1000 Junior Research Fellowships per year to undertake advanced studies and research leading to M.Phil. /Ph.D. Degrees, who have qualified in the following tests:
The scheme covers all universities/institutions recognized by the University Grants Commission (UGC) and are implemented by the UGC itself on the pattern of the scheme of UGC Fellowships being awarded to research students pursuing M.Phil. and Ph.D.
Salient features of the Scheme:
Achievements: Rs. 50.90 crore has been released during 2023-24 (as on 04.01.2023)
Component 2: “Dr. Ambedkar Scheme of Interest Subsidy on Educational Loans for Overseas Studies for Other Backward Classes (OBCs) and Economically Backward Classes (EBCs)”
This is a Central Sector Scheme to provide interest subsidy to the student belonging to the OBCs and EBCs on the interest payable for the period of moratorium for the Education Loans for overseas studies to pursue approved courses of studies abroad at Masters, M.Phil. and Ph.D. level.
Salient features of the Scheme:
Achievements: Rs. 24.11 crore has been released during 2023-24 (as on 04.01.2023)
- National Fellowship for OBC
- Dr. Ambedkar Central Sector Scheme of Interest Subsidy on Educational Loans for Overseas Studies for Other Backward Classes (OBCs) and Economically Backward Classes (EBCs).