Saraswathi, the Goddess of wisdom, music, arts, science, and technology, is honored on Vasant Panchami Day. On Vasant Panchami, Goddess Saraswathi is honored. Shri Panchami and Saraswathi Panchami are other names for Vasant Panchami.

People pray to Goddess Saraswathi for knowledge and to be free of lethargy, sluggishness, and ignorance. The Akshar-Abhyasam or Vidya-Arambham or Praasana ceremony of starting education in children is one of Vasant Panchami's most well-known rituals. Morning pujas are held at schools and universities to seek the Goddess's favor.

Purvahna Kala, or the period between dawn and midday, is used to determine the day of Vasant Panchami. On the day when Panchami Tithi prevails during Purvahna Kala, Vasant Panchami is observed. Hence, Vasant Panchami may fall on Chaturthi Tithi.