Education is the strongest foundation for social progress and individual empowerment. However, for many talented students from economically and socially disadvantaged backgrounds, financial difficulties often become a major barrier to continuing higher education. To ensure that deserving students do not drop out due to lack of money, both the Central and State Governments of India have introduced several scholarship and incentive schemes.

One such important initiative by the Department of Social Welfare, Government of Karnataka, is the Student Prize Money Scheme (Prize Money Yojana). This scheme is specifically designed to encourage Scheduled Caste (SC) students who perform well academically by providing them with financial incentives of up to ₹35,000 based on their level of education and academic performance.
Under this scheme, students who have passed SSLC, PUC, Diploma, Degree, Postgraduate, and Professional Courses with first-class or higher marks in their first attempt are eligible to receive monetary rewards. The objective is to recognize merit, motivate students to aim for academic excellence, and reduce the financial burden associated with higher education.
The Social Welfare Department has recently extended the last date for online application, giving eligible students another opportunity to apply and secure the benefits. This article provides complete and clear information about:
- The Prize Money Scheme and its objectives
- Who is eligible to apply
- Course-wise prize money amounts
- Important dates
- Step-by-step online application process
- Required documents
- Helpline details for support
What is the Prize Money Scheme?
The Prize Money Scheme is a financial incentive program launched by the Social Welfare Department of Karnataka to promote higher education among Scheduled Caste students. Unlike regular scholarships that provide assistance throughout the academic year, this scheme provides a one-time cash incentive to students who have successfully completed an academic course with good marks.
The scheme rewards academic excellence and motivates students to perform well in their studies. It also helps students cover educational expenses such as:
- Admission and examination fees
- Purchase of books and study materials
- Hostel or transportation costs
- Basic personal and academic needs
By providing direct financial assistance to meritorious students, the government aims to reduce dropout rates and encourage SC students to pursue professional and postgraduate education.
Last Date to Apply Online
Final Date for Online Application Submission: 28 February 2026
Students who are eligible must ensure that they complete the application process well before the deadline. Late applications are generally not accepted, and missing the deadline may result in losing the opportunity to receive the prize money for the current academic year.
Course-Wise Prize Money Amount (Incentive Details)
The amount of prize money varies based on the level of education and marks obtained by the student. The maximum incentive under this scheme is ₹35,000 for professional degree holders.
Prize Money Distribution by Course
| Course / Level of Education | Marks Criteria | Prize Money Amount |
|---|---|---|
| SSLC | 60% to 75% | ₹7,500 |
| SSLC | Above 75% | ₹15,000 |
| PUC / Diploma | First Class | ₹20,000 |
| Degree (Undergraduate) | First Class | ₹25,000 |
| Postgraduate (PG) | First Class | ₹30,000 |
| Professional Degree (Medical, Engineering, Agriculture, Veterinary, Technical, etc.) | First Class | ₹35,000 |
This graded structure ensures that students pursuing higher and professional education receive greater financial encouragement.
Who Can Apply? (Eligibility Criteria)
To apply for the Prize Money Scheme, students must fulfill the following eligibility conditions prescribed by the Department of Social Welfare:
- Resident of Karnataka
The applicant must be a permanent resident of Karnataka. - Scheduled Caste Category
Only students belonging to the Scheduled Caste (SC) community are eligible for this scheme. - First-Class Pass Mandatory
The student must have passed the qualifying examination with First Class or higher marks as prescribed by the education board/university. - First Attempt Pass
The candidate must have cleared the examination in the first attempt. Students who passed after supplementary exams or repeated attempts are generally not eligible. - Recognized Institution
The course must be completed from a recognized school, college, university, or institution approved by the government or competent authority. - Valid Bank Account Linked with Aadhaar
The student must have a bank account linked with Aadhaar for Direct Benefit Transfer (DBT).
Why This Scheme is Important
The Prize Money Scheme plays a crucial role in:
- Encouraging academic excellence among marginalized communities
- Reducing financial pressure on students and families
- Motivating students to pursue higher and professional education
- Improving overall educational outcomes in the state
- Supporting social inclusion and equal opportunity
For many students from SC families, this financial incentive can be the difference between continuing education and dropping out due to economic hardship.
Step-by-Step Guide to Apply Online
Eligible students can apply for the Prize Money Scheme through the official online portal of the Social Welfare Department. The process is simple and can be completed in a few minutes if all documents are ready.
Step 1: Visit the Official Portal
Go to the official Prize Money online application website provided by the Social Welfare Department of Karnataka.
Step 2: Aadhaar Verification and Login
- Click on the “Aadhaar Details” or “One Time Assistance” option.
- Enter your 12-digit Aadhaar number.
- Click on “Validate Aadhaar”.
- An OTP will be sent to your Aadhaar-linked mobile number.
- Enter the OTP to complete verification and log in.
Step 3: Fill the Application Form
- After successful login, the application form will appear.
- Carefully enter personal details such as name, date of birth, address, caste details, educational qualifications, course details, and bank information.
- Double-check all the information to avoid errors.
Step 4: Upload Required Documents
Upload clear scanned copies of all necessary documents in the prescribed format and size.
Step 5: Submit the Application
- Review the form one final time.
- Click on the Submit button.
- Save or print the acknowledgment/receipt for future reference.
Documents Required for Application
Applicants must keep the following documents ready in digital format before starting the online application:
- Caste Certificate (SC Certificate)
- Income Certificate (if required by portal)
- Marks Card (SSLC / PUC / Degree / PG as applicable)
- Aadhaar Card
- Bank Passbook or Cancelled Cheque (Aadhaar-linked account)
- Passport Size Photograph
- Study Certificate or Course Completion Certificate
- Institution ID or Enrollment Proof (if applicable)
Ensure that all uploaded documents are clear, readable, and valid to avoid rejection.
Common Mistakes to Avoid While Applying
- Entering incorrect Aadhaar or bank details
- Uploading blurred or incomplete documents
- Missing the deadline
- Providing mismatched name or date of birth details
- Submitting without verifying eligibility criteria
Even small errors can delay or reject your application, so take time to review everything carefully.
Helpline and Support
If students face any technical issues during the application process or require additional information, they can contact the 24×7 Helpline Number provided by the department:
📞 Helpline Number: 94823 00400
The helpline can assist with:
- Login and Aadhaar verification issues
- Portal-related technical problems
- Application status queries
- General scheme-related information
Conclusion
The Prize Money Scheme 2026 by the Government of Karnataka is a powerful step toward promoting higher education and academic excellence among Scheduled Caste students. By offering incentives of up to ₹35,000, the government not only recognizes the hard work of meritorious students but also provides crucial financial support at key stages of their educational journey.
Students who have performed well in SSLC, PUC, Diploma, Degree, Postgraduate, and Professional courses should not miss this opportunity. With the application deadline extended to 28 February 2026, eligible candidates are advised to apply as early as possible to avoid last-minute technical issues.
This scheme is more than just financial assistance—it is an investment in the future of students and in the progress of society as a whole. If you or someone you know is eligible, make sure to apply and take advantage of this valuable government initiative.