MVSR Engineering College does not provide direct scholarships, but students can benefit from various government-sponsored schemes. The Telangana government offers full fee reimbursement for students who secure a rank below 10,000 in the EAMCET exam, and whose family income is below 1 lakh. Additionally, students from economically backward classes (EBC), other backward classes (OBC), scheduled castes (SC), and scheduled tribes (ST) can receive scholarships up to 35,000 INR per year.
The annual tuition fee for the college is approximately 125,000 to 145,000 INR. The college also assists in availing educational loans through banks, particularly for students under financial constraints. The government scholarship schemes, such as the TS Epass, provide financial aid based on merit and reservation criteria.

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