What Is the KVPY Scholarship and How Does It Benefit Students? Here are the benefits of the KVPY (Kishore Vaigyanik Protsahan Yojana) Scholarship: 1. Monthly Scholarship and Annual Contingency Grant Selected students receive financial support: During B.Sc./B.S./B.Stat./B.Math./Integrated M.Sc./M.S. courses: ₹5,000 per month scholarship ₹20,000 per year as a contingency grant From 2nd year onward: ₹7,000 per month ₹28,000 per year contingency grant 2. Early Recognition of Talent KVPY identifies s