Scholarship amounts to directly go to students’ bank accounts

NEW DELHI:
All central scholarships would be credited straight into the students’ bank accounts under the Direct Benefit Transfer (DBT) programme, the Government today said.
The move is being initiated to safeguard the interests of students and to prohibit discrimination and harassment.
In a communication today, the University Grants Commission (UGC), which governs higher education in the country, has asked all recognised universities and colleges to ensure that the scheme is implemented in a “befitting manner”.
For this, UGC has asked the institutes to register themselves with the Public Financial Management System (PFMS) which serves as a common central portal for registering implementing agencies and beneficiaries.
This will help them verify the applications of the students received online to enable the HRD Ministry to disburse scholarships to the students directly into their bank accounts under the DBT programme.
“The uploaded applications on PFMS portal need to be validated by the institutes online without any delay to safeguard the interests of students and to prohibit discrimination and harassment of any student,” it said. (AGENCIES)