NMMS Scholarship Amount & Benefits

image_pdfDownload as PDF

The NMMS (National Means-cum-Merit Scholarship) provides financial assistance to meritorious students from economically weaker sections to help them continue their education. Students are selected at state level through an exam. Students selected in merit list will need to register on NSP portal in August. Here’s the breakdown of the scholarship amount and benefits:

NMMS Scholarship Amount & Benefits

Benefit TypeDetails
Scholarship Amount₹12,000 per year (₹1,000 per month)
Payment ModeDirect Bank Transfer to the student’s account (DBT)
DurationThe scholarship is provided for four years (Classes 9 to 12).
Eligibility for ContinuationTo continue receiving the scholarship, students must:
– Maintain at least 60% marks in Class 10 (relaxable for SC/ST students)
– Pass each academic year with a clear promotion to the next class
Other Benefits– Financial assistance for education, reducing the burden of tuition fees and study-related expenses.
Eligible StudentsStudents from families with an annual income of less than ₹3,50,000.He/she must be selected in the state level merit list.
Renewal ProcessThe scholarship is renewed automatically every year, provided the student meets the academic criteria.

Key Points to Remember:

  • The scholarship amount is fixed at ₹12,000 per year, paid as ₹1,000 per month.
  • The scholarship is renewable every year, provided the student maintains the academic criteria.
  • This financial assistance helps cover school fees, books, stationery, and other study-related expenses.
  • The amount is directly deposited in the student’s bank account (DBT), so students must have a bank account in their name or their parent’s name.

FAQs

How much money do we get from NMMS?

The NMMS scholarship provides ₹12,000 per year, which is ₹1,000 per month. This amount is given to students for four years (Classes 9 to 12).

How is the scholarship amount distributed (monthly/yearly)?

This amount is paid annually, but it is divided into monthly installments of ₹1,000, usually transferred directly to the student’s bank account.

Is NMMS only for students of government schools?

Yes, NMMS is primarily for students studying in government, government-aided, or local body schools.

image_pdfDownload as PDF

Leave a Comment