The Kishore Vaigyanik Protsahan Yojana (KVPY) is an on-going National Program of Fellowship in Basic Sciences, initiated and funded by the Department of Science and Technology, Government of India, to attract exceptionally highly motivated students for pursuing basic science courses and research career in science.

The objective of the program is to identify students with talent and aptitude for research; help them realize their academic potential; encourage them to take up research careers in Science, and ensure the growth of the best scientific minds for research and development in the country.

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The advertisement for the KVPY Fellowship appears in all the national dailies normally on the Technology Day (May 11) and the Second Sunday of July every year.

Selection of the students is made from those studying in XI standard to 1st year of any undergraduate Program in Basic Sciences namely B.Sc./B.S./B.Stat./B.Math./Int. M.Sc./M.S. in Mathematics, Physics, Chemistry and Biology having aptitude for scientific research. Special groups / Committees are set up at IISc to screen the applications and conduct an aptitude test at various centres in the country. Based on the performance in the aptitude test, short-listed students are called for an interview which is the final stage of the selection procedure. For receiving a fellowship, both aptitude test and interview marks are considered.Generous fellowships are provided up to the pre-Ph.D. level to the selected KVPY Fellows.

The Fellow continues to study Basic Science courses in school/junior college/university, and maintains a minimum level of academic performance of first class or 60% (50% for SC/ST/PWD) marks in aggregate or equivalent grade points and the students has to necessarily pass all the subjects prescribed for that particular academic year (two semesters in case of semester system) and should have obtained the above specified percentage of marks.  In the course work, in each academic year, the marks/grades will have to be certified by the Dean or Head of the Institution.   The fellowship will be discontinued if the above marks/grade is not obtained.  However, if the fellow passes all the subjects and obtains greater than 60% ((50% for SC/ST/PWD) marks in the subsequent years, the fellowship can be renewed only from that year onwards, again with the condition that the fellow should obtain 60% (50% for SC/ST/PWD) marks in aggregate every year.  This is effective from 2012 awardees onwards. The Student is eligible to receive the KVPY fellowship upto Pre-PhD level or 5 years whichever is earlier.

In addition to the above, participation and satisfactory performance in the Summer Camp in the first year and Summer project every year thereafter is required for renewal of the fellowship.

KVPY Fellows who opt out of the basic science (B.Sc./B.S./B.Stat./B.Math./Int. M.Sc./M.S.) stream at any stage will forfeit the Fellowship and Contingency Grant forthwith.

The fellowship for the students selected under the stream SA/SX/SB will be started after the XII Standard/ (+2) / I year UG, only if they pursue an undergraduate course in Basic Sciences, that are, B.Sc./B.S./B.Stat./B.Math./Int. M.Sc./M.S. in Chemistry, Physics, Mathematics, Statistics, Biochemistry, Microbiology, Cell Biology, Ecology, Molecular Biology, Botany, Zoology, Physiology, Biotechnology, Neurosciences, Bioinformatics, Marine Biology, Geology, Human Biology, Genetics, Biomedical Sciences, Applied Physics, Materials Science, Environmental Science or Geophysics.