Monthly Fellowship

Annual Contingency Grant

SA (After X Class) Rs. 4000 Rs. 16000
SX /SB  - during 1st to 3rd years of - B.Sc./B.S. /Integrated M.Sc. /M.S. Rs. 5000 Rs. 20000
SX /SB  - during  M. Sc. / 4th to 5th  years of Integrated M.Sc. /M.S. Rs. 7000 Rs. 28000

Renewal/Continuation of fellowship

Annual renewal of fellowships will depend on the KVPY Fellows maintaining a good academic performance of first class (60% marks) or equivalent grade point average  in science subjects in each academic year in the first attempt. Repeaters or students who failed and passed or improved in the subsequent attempts will not be eligible to be considered for renewal of fellowship even if they fulfil the performance criteria in the subsequent attempts.
In addition to the above, participation and satisfactory performance in the Summer Program in the first year and Summer project every year thereafter is mandatory requirement for renewal of the fellowship.
KVPY Fellows who opt out of the science stream at any stage will forfeit the Fellowship and Contingency Grant forthwith.
The fellowship for the students selected under the stream SA will be continued after the XII Standard/ (+2) only if they pursue an undergraduate course in Basic Sciences (B.Sc./B.S./Int. M.Sc./M.S.)

Summer program

Summer programs are important parts of the nurture program for KVPY Fellows. These are meant to expose the Fellows to methods of scientific search and inculcate in them an abiding interest in doing scientific research. These are normally organized during the summer vacation, when KVPY Fellows spend one or two weeks in scientific institutions listening to lectures by experts in different fields of Basic Sciences and other related subjects, see things in a research environment, science in action, watch scientists at work, interact with scientists, visit nearby scientific research laboratories and institutions, exchange views and interact with other research students. Sometimes Fellows with specific interest are associated with individual scientists who talk to them about their interest, help them clear their doubts, give them problem to work out, let them  do experiments, and tell them about the future scope in the area of their interest.
The Summer Program for KVPY Fellows is arranged at Indian Institute for Science Education and Research (IISER) - Kolkata, Pune, Mohali, Bhopal, and Trivandrum for a week.

Other Privileges

Each KVPY Fellow will be issued with an Identity card so as to have access to renowned National laboratories/ Universities who have agreed to extend special privileges like library, laboratory facilities to KVPY Fellows on production of the ID card