SRKR Engineering College offers various scholarship opportunities primarily facilitated by government programs. The tuition fee is typically around INR 70,000 per year, although it has increased to INR 77,000 for some recent batches. The Andhra Pradesh government's Jagananna Vidya Deevena (JVD) scheme provides full fee reimbursement for eligible students, covering the entire tuition cost.
Additionally, the Jagananna Vasathi Deevena scheme offers financial assistance for hostel fees. Scholarships such as Pragati and NSP are available for merit-based and category-specific criteria. The college assists students in applying for these scholarships and offers guidance through a dedicated scholarship section. Management quota students face higher fees, up to INR 1.2 lakh per year, with no reimbursement.
The college also supports students in obtaining education loans from banks.

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