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Based on data from Badan Pusat Statistik, East Java in 2019, Bangkalan is the top three regency with the highest percentage of poor people and low education levels due to drop out. The government provides education fund through Indonesian Smart Program (PIP). This research is aims to evaluate the implementation of PIP in Bangkalan Regency with CIPP Evaluation Model by Stufflebeam. Type of this research was descriptive qualitative research. The results of PIP evaluation with CIPP Evaluation Model: First, PIP context was to achieved 12 years education. Second, PIP input was some students did not received PIP fund and had not Indonesian Smart Card (KIP) yet. Third, PIP process was misapplicationed PIP fund by students and the procedure to received PIP fund was not simple. Fourth, PIP product was education in Bangkalan Regency still low and many students still drop out from theirs school. The conclusion of this research is PIP has not success in overcoming drop out because the students are late to receiving funds and they dont use it for school needs.