The Institute has provision of awarding Merit-cum-Means Scholarships to the under graduate students who fulfill the criteria laid down by the institute. Some commercial banks and companies have offered financial assistance in the form of sponsorship and awards to some of the meritorious students of the Institute. A large number of cash awards are given to the students to motivate them to do well not only in academics but also in sports & extracurricular activities. A cash prize is given to the students who secure highest aggregate marks in GHITM at the end of each year in the University examination. The best student of the college is also suitably rewarded.