IPM Scholarships: Students from MP are eligible for 100% Scholarships [Full 35 Lakhs]

Scholarship for IPM Students

The only downside of IPM is its sky-high fee structure, but do you know some students have 100% IPM scholarships from the MP Government that pays for the entire five years of their IPM program. 

This post is a must-read if you are a current student or an IPM aspirant residing in Madhya Pradesh. The Madhya Pradesh government runs a scheme, “Medhavi Yojana,” which provides 100% scholarships covering for students getting selected in some selected institutions. This scheme is only for UG Programmes, but since IPM is an integrated Programme, it is covered under this scheme.


The best part of this scheme is not only for the reserved category students but also for the general category students. To avail of the benefits of this scheme a, students must 

  • Be a permanent resident of Madhya Pradesh 
  • The Annual family income of the family should be less than 6 Lakhs. 
  • Must have scored 85% in their class 12th/SSC from CBSE
  • If you are from MP Board, A minimum of 70% in your 12th boards
  • You must have availed this scheme earlier at any other institute 

You may be wondering if the government is really 30+ lakhs for so many students; the answer is Yes, and many students in IIM Indore and IIM Rohtak have availed this scheme.

Note: The government deposits the money into your account after each academic year, so you have to manage the fees yourself for the first year.

If you qualify for the eligibility mentioned above criteria, then do avail the scheme; the process is not hectic at all; the IPM office of your respective institute will have to verify your documents from their end and submit the request. Once both parties approve the application (the Government and IPM office), the MP Government will reimburse your fees after every academic year. To apply for the \”Medhavi Yojana\” Visit the official scholarship Portal.

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