NMMSS Scholarships for Economically Weak Students
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National Means cum Merit Scholarship Scheme (NMMSS) is awarded annually by the government to meritorious students
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It specifically targets students from economically weaker sections who are at risk of dropping out after Class 8
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The initiative provides annual scholarships to one lakh selected students in Class 9 in government-aided schools
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It provides an opportunity of renewal to these students as they progress from classes 10 to 12
The amount of the scholarship awarded is Rs 12,000 per annum
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The NMMSS scholarship scheme is administered through the National Scholarship Portal
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The scholarship is disbursed directly to students' bank accounts via electronic transfer under the Direct Benefit Transfer (DBT) mode
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To qualify for the scholarships, students need to show that the annual income of their family does not exceed Rs 3,50,000
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Candidates must achieve a minimum of 55 per cent marks or an equivalent grade in Class 7 to avail the scholarship
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These is a relaxation of 5 per cent for SC/ST students
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