Exciting News: SVMCM Payment (2024-25)Update Announced!
After a prolonged pause because of the technical glitches on the official portal, the Swami Vivekananda Scholarship Payment process has finally resumed. This is the development that brings relief to a large number of students who were facing so many problems and issues while receiving their payments.
Now, with the application phase successfully concluded, a key question remains: when will the payment updates for the Swami Vivekananda Scholarship Scheme be made available? The Swami Vivekananda Merit Cum Means Scholarship (SVMCM), commonly referred to as the Bikash Bhavan Scholarship, is one of the most significant educational support programs initiated by the Government of West Bengal. It provides financial aid to deserving students from diverse educational backgrounds, helping them continue their studies without financial burdens.
Scholarship Amounts
The scheme offers varying amounts based on the level and type of education pursued. School-level students receive financial assistance of ₹12,000 annually, while undergraduate students in general courses are awarded between ₹12,000 and ₹18,000. On the other hand, students pursuing professional, technical, or medical courses can avail themselves of up to ₹60,000 annually.
With the application process now completed, students are eagerly awaiting the announcement of the payment release. This update will mark a crucial step in ensuring that the scholarship serves its purpose of empowering West Bengal’s youth to achieve their academic aspirations.
Stay tuned for more updates on the SVMCM Scholarship as we continue to track developments closely.
Swami Vivekananda Scholarship: When Will the Funds Be Released?
Scholarship funds are usually released in phases, and the Swami Vivekananda Scholarship is no different. Many students have already received their payments in the initial phase. If you’re still waiting for your funds, don’t worry—every eligible student will get their scholarship amount in due time.
The Higher Education Department, operating through Bikash Bhavan, is yet to release a detailed schedule for the disbursement process. Rest assured, the authorities are working to ensure the funds reach all deserving students without delays once the procedures are finalized.
Students are encouraged to remain patient and stay informed about updates. The SVMCM funds will be credited directly to the bank accounts of eligible applicants as soon as the process is complete. Keep checking the official portal and notifications for the latest developments.
SVMCM Scholarship Amount, Payment, Rate and Reward Details 2024
The concerned authority is pleased to announce the following scholarship amount for payment and directorate wise reward details:
Directorate of School Education (DSE)
| Program | Eligibility Criteria | Scholarship Amount |
| Higher Secondary (HS) | Must have obtained 60% Marks in last Qualifying exams. | ₹ 1000/- per month |
| Elementary (D.EI.ED) | 60% Marks in last qualifying exams | ₹ 1000/- per month |
Directorate of Public Instruction (DPI)
| Program | Eligibility Criteria | Scholarship Amount |
| UG (Arts) Undergraduate | Must have obtained 60% Marks in last Qualifying exams. | ₹ 1000/- per month |
| UG (Commerce) | 60% Marks in last qualifying exams | ₹ 1000/- per month |
| UG (Science) | 60% Marks in last qualifying exams | ₹ 1500/- per month |
| UG (Professional Courses) | 60% Marks in last qualifying exams | ₹ 1500/- per month |
| PG (Arts) Postgraduate | Minimum 53% Marks for SVMCM and 45% Marks for K3 Students | ₹ 2000/- per month |
| PG (Science) | Minimum 53% Marks for SVMCM and 45% Marks for K3 Students | ₹ 2000/- per month |
| PG (Commerce) | Minimum 53% Marks for SVMCM and 45% Marks for K3 Students | ₹ 2000/- per month |
| PG (Professional Courses) | Minimum 53% Marks in Previous exams | ₹ 2500/- per month |
| N-Net (MPhil/ PhD) | Your date of enrollment matters | ₹ 5000/- and ₹ 8000/- per month respectively |
Directorate of Technical Education & Training (DTE&T)
| Program | Eligibility Criteria | Scholarship Amount |
| Polytechnic (Diploma Courses) | Minimum 60% Marks in last qualifying exams | ₹ 1500/- per month |
Directorate of Medical Education (DME)
| Program | Eligibility Criteria | Scholarship Amount |
| UG (Medical) | Minimum 60% Marks in last qualifying exams | ₹ 5000/- per month |
| UG (Diploma Courses) | Minimum 60% Marks in last qualifying exams | ₹ 1500/- per month |
Directorate of Technical Education (Engineering)at College or University (DTE)
| Program | Eligibility Criteria | Scholarship Amount |
| Undergraduate UG (Engg) | Minimum 60% Marks in last qualifying exams | ₹ 5000/- per month |
| Postgraduate PG (Engg) | Minimum 60% Marks in last qualifying exams | ₹ 5000/- per month |
| Other Professional Degrees (AICTE Approved) | Minimum 55% Marks in last qualifying exams | ₹ 5000/- per month |
Rewards, Benefits and Features of SVMCM
- This scholarship is available for minority students to uplift them by financing for their higher education.
- Students from Class IX to Post Graduate level, Madrassa, Polytechnic institutes etc. can apply for the scholarship.
- Their degree from any recognised Board, State Board, and University should be verified to apply for scholarship.
- The aim of this scholarship is to provide quality education to the students of West Bengal.
- The literacy rate is directly dependent on this program because so many students will be able to continue their education without any financial hurdle.
- This initiative will open job doors for students. They will have quality education and skills in their hands to compete in the world.