KVPY is a very popular competitive examination among Indian students. The fellowship amount it offers sums up to a handsome figure. In this article, you will find everything you need to know about the scholarship amount, renewal policy and other details.
Do you know why KVPY is very popular among Science students? One of the main factor responsible for this trend is – the good scholarship amount! This is a motivational factor for many students!
But there are some important details that you need to know about the fellowship grant. For example, it is very important to know about the renewal policy in detail! Also check – KVPY 2018 dates, KVPY exam centers and KVPY syllabus.
As I mentioned before, you will be able to find each and every detail associated with the scholarship amount in this article. Let us start!
Fellowship Amount (in INR)
KVPY offers two fellowship grants – monthly fellowship and annual contingency grant. Here are the specifics –
|Academic Program and Year||Monthly Fellowship||Annual Contingency Grant|
|During first three academic years of relevant Undergraduate programs (B.Sc., BS, B.Stat., B.Math., Integrated M.Sc., MS||5000 INR||20000 INR|
|During academic years of M.Sc., MS or fourth and fifth academic years of Integrated M.Sc. and MS programs||7000 INR||28000 INR|
Fellowship grant will be renewed only if a candidate performs well (academically). He/she must score first class marks (60%) or equivalent in each academic year (50% for SC/ST & PwD candidates).
If a candidate fails to meet the above mentioned requirements, his/her fellowship will be forfeited. If he/she manages to score the required marks in the next academic year, the fellowship will be reinstated.