School’s toppers in every mechanical engineering program (6)

I believe the answer is:

scheme

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'program' is the definition.
(scheme is a kind of program)

'school's toppers in every mechanical engineering' is the wordplay.
'school' becomes 'sch'.
'toppers in every mechanical engineering' becomes 'eme' (I am not sure about this - if you are sure you should believe this answer much more).
'sch'+'eme'='SCHEME'

Can you help me to learn more?

(Other definitions for scheme that I've seen before include "programme" , "Program" , "proposal" , "Connive, intrigue" , "Conive, intrigue" .)

I've seen this clue in The Hindu.

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