Under this NMMS scheme, it is proposed to award 1,00000 scholarships to the meritorious students whose parental income is below Rs.1,50,000 per annum. Each State / UT shall have fixed quota of scholarship which will be decided on the basis of enrolment of students in Class VII and VIII in the State/UT concerned. These scholarships will be provided quarterly to the students studying as regular students in class IX in government, local body and government-aided schools. The scholarships will be paid from class IX till class XII for a maximum period of four years. The amount of scholarship is proposed to be Rs.6000/- per annum @Rs.500/- per month. |
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