The college offers a variety of scholarships, particularly for merit and economically disadvantaged students. Alumni of PSCMRCET Engineering College, Vijayawada, have been providing scholarships since the 2009-2010 academic year, ranging from a minimum of Rs 15,000 per year to a full tuition fee waiver for four years. The Andhra Pradesh government offers scholarships and fee reimbursements for economically backward students through programs like Jagan Anna Vidya Deevena (JVD) and Jagan Anna Vasathi Deevena.
These programs cover full tuition fees for EAMCET exam-qualified students. Fee structures vary per course, with annual fees ranging from Rs 35,000 to Rs 60,000, depending on the branch and quota. The college does not directly provide loan facilities but assists students in obtaining loans from nearby banks. Additionally, top-performing students receive cash prizes and gold medals, and there are specific scholarships for the first 150 admissions post-EAMCET results.
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