Sanketika Vidya Parishad Engineering College offers various financial support options for students. The Andhra Pradesh government provides scholarships primarily for students from backward classes (SC, ST, BC) with an annual family income of less than 2 lakhs. Eligible candidates can receive a scholarship of approximately 12,000 INR per annum, along with a full fee reimbursement if they qualify through the EAMCET exam. The college also facilitates educational loans through banks, ranging between 5 lakhs to 10 lakhs.
For students under the management quota, tuition fees are around 51,000 INR annually. Additionally, the college supports fee deductions for APSRTC bus passes. While the college itself does not offer internal scholarships, it accepts government-provided scholarships and fee reimbursements. Students are responsible for paying the University Development Fund and other minor fees like the building fund, which is approximately 6,000 INR annually. Overall, the college's fee structure is considered affordable for middle-class families.
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