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EducationCentral GovernmentVerified 1 Sep 2026
PM-USP Central Sector Interest Subsidy & Scholarship Scheme
Nodal Implementing Authority: Department of Higher Education, Ministry of Education, Government of India
Administrative ScopeCentral Government
CategoryEducation
Target BeneficiariesMeritorious students who have completed Class 12 and enrolled in recognized undergraduate/postgraduate degree courses
Scheme Purpose & Core Objectives
To provide financial assistance to meritorious students from economically weaker sections pursuing higher and professional education in colleges and universities.
Key Benefits Provided to Beneficiaries
Annual scholarship grant paid directly via DBT on the National Scholarship Portal (NSP) to cover tuition and academic maintenance
Renewable annually up to postgraduate completion upon maintaining minimum 50% marks
General Eligibility Criteria
Statutory qualifications required for enrollment without volatile budgetary or transient criteria.
✓Students above the 80th percentile in relevant board stream in Class 12 examination
✓Pursuing regular full-time degree course recognized by AICTE, UGC, or statutory regulatory councils
✓Annual family gross income from all sources must not exceed Rs. 4.5 Lakh