SCB Medical College and Hospital offers a variety of scholarships primarily funded by the Odisha state government and various NGOs. The scholarships are targeted towards SC/ST students, economically weaker sections, and meritorious students. Key scholarships include the Prerana scholarship, Medhabruti scholarship worth Rs. 10,000 per annum, and additional scholarships for specific categories like OBC students.
The tuition fee for the first year is between Rs. 18,000 to Rs. 38,000 and decreases in subsequent years, with hostel fees ranging from Rs. 5,000 to Rs. 14,000 annually. Scholarships can cover significant portions of these costs, based on eligibility criteria such as family income or merit. Additionally, education loans are available from nationalized banks like SBI, often interest-free during the study period.

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