Hi,

The eligibility for this scheme is that students must have more than 75% in their class 12th, should be a permanent resident of Madhya Pradesh and the annual income of the students eligible for Medhavi Vidyarthi Yojana MP should not be more than 6 LPA. However, this scheme nowhere mentions anything regarding the validity of number of years after class 12th. Many of the students apply this scheme for their 2nd year of college as well. There shouldn't be any problem in your case as well.

I hope this helps,

All the best