- The Government of Madhya Pradesh has established various schemes and programmes that encourage education and literacy in the state with an aim to enhance its literacy rates.
- Madhya Pradesh has considerably upgraded its school infrastructure, ensuring better facilities such as drinking water, separate toilets, electricity, libraries, and playgrounds, including provisions for special needs students. These improvements are intended to positively impact academic achievement.
- Madhya Pradesh has a strong technical education network with over 1,300 institutes and 1,020 ITIs, further strengthened by projects like the World Bank-funded initiative. Investments in facilities, faculty training, and updated curricula have led to better results in technical education.
Beyond 10th and 12th Board: Opportunities on Buddy4Study Platform
Buddy4Study is an online portal specifically designed to help students access various educational opportunities. For students in Madhya Pradesh who need scholarships, education loans, internships, fellowships, grants, or career guidance, Buddy4Study offers a comprehensive solution to help you overcome financial barriers to your education. Here are some of the education funding solutions you can explore:
National Scholarship Opportunities
Students domiciled in Madhya Pradesh can find various national-level scholarships on the Buddy4Study platform. Some of these are mentioned below.
Buddy4Study Scholarship Support Programme 2025-26
Scholarships listed on Buddy4Study platform for the 2025-26 academic year are available for talented students across India pursuing higher education after Class 10th, 12th, or in their first undergraduate year. Selected students can receive an annual award ranging from ₹25,000 to ₹1,00,000. If you are an eligible applicant hailing from Madhya Pradesh, apply for this scholarship on the Buddy4Study platform before the application deadline on May 15, 2025.
NSP Central Sector Scheme of Scholarship for College and University Students
The Shramik Card Scholarship offers financial aid to students whose parents are registered unorganised sector workers, supporting education from Class 6 to postgraduate levels. Eligibility requires parental registration with a state labour board and meeting varying state-specific income criteria.
PM Yasasvi Central Sector Scheme of Top Class Education in College for OBC, EBC, and DNT Students
The Ministry of Social Justice and Empowerment offers the PM Yasasvi scheme to support the education of OBC, EBC, and DNT students who have passed Class 12. It covers tuition, living costs, books, and other study-related expenses for full-time courses. Students with an annual family income up to ₹2,50,000 are eligible to apply.
Aimed at empowering single girl children in India, the UGC offers the Indira Gandhi Scholarship for postgraduate education. Selected candidates receive a yearly stipend of ₹36,200 for two years while pursuing a regular Master’s degree. Students can avail the benefits while receiving other scholarships.
Beyond 10th and 12th Board: State-Specific Scholarship Opportunities
Besides Central Government scholarships, Madhya Pradesh students have access to many state-specific opportunities. Don’t miss Buddy4Study’s extensive list – here are a few examples to get you started.
Madhya Pradesh NIPUN Professionals Program
Madhya Pradesh NIPUN, in partnership with TISS, offers a 2-year program for 52 young professionals to work with district administrations. The selected candidates receive a monthly stipend of ₹80,000 for this full-time experiential role.
Madhya Pradesh Khiladi Protsahan Yojana (MPKPY)
This opportunity is offered by the Government of Madhya Pradesh to provide financial assistance of up to ₹ 50,000 to wards of construction workers who have excelled in sports.
This initiative by the School Education Department, Madhya Pradesh supports the education of students in classes 11 and 12th, residing in school hostels.
Mukhyamantri Medhavi Vidyarthi Yojana (MMVY)
MMVY initiative by the Directorate of Technical Education aims to provide promising career opportunities to meritorious students by covering their tuition, admission, and course fees of their educational journey after class 12.
IIM-Indore – Need Based Financial Assistance
IIM Indore’s Need Based Financial Assistance (NBFA) aims to make education accessible to all admitted students, regardless of their financial background. Students enrolled in the PGP, PGPH, and IPM programs with an annual family income under ₹12 lakh are eligible to apply for this support.
Beyond 10th and 12th Board: Education Loan Programmes
Apart from scholarships, the buddy4study platform hosts several opportunities for easy education loans. These opportunities address the unavailability of scholarships and the need of significant investments in courses. Education loans that students of Madhya Pradesh can avail of after 10th and 12th are as follows:
Indian Bank Education Loan (IBA)
This is a need based loan for Indian students who have passed class 12th and want to pursue their higher studies in India or abroad. Students can avail of a loan of up to ₹25,00,000.
NSFDC Education Loan Scheme for SC Students
This scheme offers low-interest education loans up to ₹30 to 40 lakh for SC students pursuing professional courses, covering tuition and living expenses. Students who meet the eligibility criteria can access these loans, which are disbursed via State Channelising Agencies.
ICICI Bank iSMART Education Loans
iSMART education loans by ICICI bank offer up to ₹1 crore at interest rates ranging from 9.25% to 12.25% for Indian students studying abroad in select countries, at A1-A4 category institutions.
Buddy4Study – Avanse International Education Loan Programme
Under this programme, students are offered a loan of ₹10 lakh to ₹ 2 crores to pursue their undergraduate and postgraduate studies abroad.
Buddy4Study – Axis Bank Education Loan Program
This scheme supports the higher education of students in India and abroad by offering a loan amount of up to ₹75,00,000.
An initiative of the Government of India, this loan scheme provides interest subsidies to OBC and EWS students pursuing Master’s, M.Phil, or PhD degrees abroad.
Buddy4Study Education Loan Programme
Buddy4Study facilitates education loans up to ₹40 lakh for domestic and international studies, without requiring collateral. Through partnerships with banks and NBFCs, they offer competitive interest rates from 8.1%, tailored to the institution and course.
Beyond 10th and 12th Board: Career Guidance with Buddy4Study
Students of Madhya Pradesh completing their 10th or 12th now have a go-to platform for career guidance that helps them with a clear roadmap. It offers several helpful insights to support them. A few of them are listed below:.
The psychometric test acts like a guide to your future career. It assesses your strengths, weaknesses, personality, and potential in academic and professional settings to help you identify enjoyable and suitable job options.
If you’re deciding on your Class 11 subjects, try our stream selector test. It helps identify the best fit based on your strengths and interests, leading you towards a suitable career.
If you’re looking for an education loan, Buddy4Loan is a user-friendly website that aims to simplify the process. They offer loans that are customised to meet student requirements, making it much easier to finance your studies.
Beyond 10th and 12th Board: Additional Resources on Buddy4Study Platform
Apart from scholarships and loans, Buddy4Study also provides the following additional resources on its platform:
Career Guidance: Get expert advice on choosing the right career path based on your interests and skills.
- Stream Selector Test – https://www.buddy4study.com/stream-selector
- Psychometric Test – https://www.buddy4study.com/psychometric-test
Buddy4Study’s Online Degree Scholarship Support Programme
Buddy4Study’s Online Degree Scholarship Support Programme offers a chance to study online at India’s leading UGC-approved universities with a first-semester fee discount of up to 15%. This initiative supports both undergraduate and postgraduate online education across 250+ specializations at 100+ top-rated Indian universities. Benefit from expert counselling to find the perfect course and university fit.
Application Link: https://www.buddy4study.com/page/online-degree-scholarship-support-programme
Internships and Fellowships: Explore internship and fellowship opportunities that complement your academic growth.
Beyond 10th and 12th Board: Registering and Applying on Buddy4Study
To get started on your educational journey, follow these simple steps:
Step 1: Register on Buddy4Study
- Create an account: Visit the Buddy4Study website and click on the “Sign Up” option.
- Enter your details: Provide basic details such as your name, email address, phone number, and educational background.
Step 2: Explore Available Scholarships and Programs
- Once registered, you can search for available scholarships based on your qualifications, field of study, and location.
- Use filters like Class 10th/12th, state-specific scholarships, and more to find the most relevant opportunities.
Step 3: Apply for Scholarships and Loans
- After selecting the scholarships, carefully read the eligibility criteria and gather the required documents.
- Submit your online application directly through the platform. Most scholarships and programs allow you to track your application status in real-time.
Step 4: Staying Updated
- Keep an eye on the notifications and deadlines for various scholarships and funding programs.
- Buddy4Study will also send you reminders for upcoming deadlines and new opportunities.
Registration Link – https://www.buddy4study.com/register
Also read: MP State Scholarship Portal
Beyond 10th and 12th Board: FAQs
What are the key scholarships available for Madhya Pradesh students on the Buddy4Study platform?
Key scholarships include the Buddy4Study Scholarship Support Programme, NSP Central Sector Scheme, Shramik Card Scholarship, PM Yasasvi Scheme, and the Indira Gandhi Single Girl Child Scholarship.
What is the Buddy4Study Scholarship Support Programme?
Buddy4Study Scholarship Support Programme offers financial awards ranging from ₹25,000 to ₹1,00,000 annually for students from Madhya Pradesh pursuing higher education after Class 10 or 12.
What is the literacy rate in Madhya Pradesh according to the 2011 Census?
The literacy rate in Madhya Pradesh was 74% in 2011, up from 64.8% in 2001.
What is the Madhya Pradesh NIPUN Professionals Program?
The NIPUN Professionals Program offers a 2-year experiential role for 52 young professionals with district administrations, providing a monthly stipend of ₹80,000.
How can Madhya Pradesh students apply for education loans through Buddy4Study?
Students can apply for education loans through the Buddy4Study platform, which partners with banks and NBFCs to provide loans for both domestic and international studies.
What is the interest rate of ICICI Bank iSMART Education Loans?
The interest rate of ICICI Bank iSMART Education Loans varies from 9.25% to 12.25% annually.
What is the Sudama Chhatravrtti Yojana?
The Sudama Chhatravrtti Yojana is a scholarship program launched by the Madhya Pradesh government to provide financial assistance to economically disadvantaged students from the general category. It aims to support hosteller students studying in Classes XI and XII in government schools.
What is the Buddy4Study Education Loan Programme?
The Buddy4Study Education Loan Programme provides up to ₹40 lakh for domestic and international studies, without requiring collateral. Through partnerships with banks and NBFCs, they offer competitive interest rates from 8.1%, tailored to the institution and course.
What is the Buddy4Study Scholarship Support Programme 2025-26?
This is an opportunity for students who have passed classes 10th, and 12th or are in the first year of their undergraduate programmes. Selected scholars shall receive an award from ₹25,000 to ₹1,00,000 annually.
What is the application deadline for Buddy4Study Scholarship Support Programme 2025-26?
The application deadline for Buddy4Study Scholarship Support Programme 2025-26 is 15 May 2025.
What does the Madhya Pradesh Khiladi Protsahan Yojana offer?
Madhya Pradesh Khiladi Protsahan Yojana offers up to ₹50,000 in financial assistance to students excelling in sports, specifically the children of construction workers.
How does the Buddy4Study Psychometric Test help students?
The Psychometric Test helps students assess their strengths, weaknesses, and personality traits to guide them in choosing the right career path based on their skills and interests.