Punjab state government has launched “Chief Minister Scholarship Scheme 2024“, a new initiative to provide cheaper and quality education to govt. college students. Punjab CM Scholarship Scheme will help bright students from financially poor backgrounds, particularly those belonging to the general category, besides boosting the gross enrolment ratio (GER) in higher education. Under the scheme, the state government would also provide free of cost education for those getting 90% marks. Check varying concessions under CM Scholarship Scheme which are on offer as per the marks scored by students.
Punjab Chief Minister Scholarship Scheme 2024 – Objectives
Punjab government approved the implementation of the CM Scholarship Scheme which will benefit government college students of the state. The annual financial implication for this scholarship will be Rs. 36.05 crores. The objective of the Punjab Chief Minister Scholarship Scheme is to financially help and encourage the poor meritorious students for pursuing higher education. The government aims to fulfill the promise of cheaper and quality education for poor through Mukhyamantri Scholarship Yojana.
Who Can Avail Punjab CM Scholarship Scheme Benefits
The scholarship can be availed by Punjab government college students.
What is Punjab Chief Minister Scholarship Amount
Punjab Chief Minister Scholarship Scheme will provide a certain concession in terms of percentage of fee charged by universities.
- Students scoring above 60% but below 70% marks will be given a concession equivalent to 70% of the university fee.
- Students scoring between 70% to 80% will be given a concession of 80% in university fee.
- Students scoring between 80% to 90% marks will be given a concession of 90% in university fee.
- Students with above 90% marks will be given a concession of 100% in university fee i.e suc students can avail free education.
Punjab CM Scholarship Scheme Conditions
Punjab Chief Minister Scholarship Scheme benefits cannot be availed with another scholarship. The state govt. stated that this scholarship scheme cannot be availed in tandem with another scholarship. However, in cases where students receive a scholarship from any other scheme of the state or central government but the concession under the new scheme is higher, only the difference amount between the two scholarships will be paid.
Institutions under Punjab CM Scholarship Scheme
CM Scholarship Scheme would be applicable to those students who are the residents of Punjab and are studying in any of the following institutions
– Government polytechnic & engineering colleges
– Maharaja Ranjit Singh University, Bhatinda
– I.K. Gujral Punjab Technical University, Jalandhar
Need for Punjab Chief Minister Scholarship Scheme
Until now, the number of admissions in these government run colleges have been very low and many seats remain vacant every year. Since the scheme would provide tuition fee waiver, it will definitely attract admissions in these colleges/institutions.