The college offers a range of scholarships and financial aid options, primarily aimed at students with strong academic performance, those from economically weaker backgrounds, and students from specific categories such as OBC, SC, and ST. Scholarships can vary from Rs. 10,000 to Rs. 50,000 per semester, depending on eligibility criteria like entrance exam ranks, 12th-grade marks, and annual family income. Additionally, the college provides a special Karukutty quota for students residing near the college, allowing for fee concessions and easier admissions.
The AICTE fee waiver scheme also offers significant discounts to 5% of students in each branch based on academic performance and income. While the college facilitates educational loans through a partnership with Union Bank of India, direct loan provisions are not offered. Students can avail of government scholarships and other external financial aid, although some students report limited awareness of these opportunities.

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