Viswajyothi College of Engineering and Technology offers a comprehensive scholarship program, allocating over 1 crore rupees annually for scholarships. Financial assistance includes a management scholarship of 30,000 rupees for students from low-income families and various scholarships for SC/ST and minority students. Students with a Kerala entrance rank below 10,000 pay only the government-fixed fee of 8,000 rupees per year.
Merit-based scholarships are available, reducing tuition fees up to 50% for academically outstanding students. Additionally, students scoring above 85% in their 12th-grade exams or achieving a GPA above 9 can receive significant fee reductions. The college supports educational loans through agreements with banks like Canara Bank. Scholarships are contingent upon maintaining academic performance, and students must independently seek loan facilities.

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