The behaviour of farmers towards an intervention largely depends upon their perception. Consequentially, their perception will further influence their participation in such interventions. This study used data collected from four hundred smallholder farmers using a structured questionnaire to examine their perception and the determinants of perception towards a smart subsidy program. The Ordered Probit model was used in analysing the determinants of perception. Results showed that the farmers had a positive perception towards the program and that their perception was influenced by factors such as the gender of the household head, farm size, participation in the program, being the household head, education level, training and source of information.