The college offers several scholarships, including the GP Birla Scholarship, which is based on academic performance and family income. Students with a CGPA of 8-8.5 receive a 20% reduction in tuition fees, 8.5-9.0 receive 50%, 9.0-9.5 receive 75%, and those above 9.5 receive a 100% scholarship. A separate scholarship, organized between January and February, is available through the Jharkhand government's Ekalyan program, primarily for minority students based on annual income.
Reserved category students (OBC, SC, ST) can apply for state government scholarships covering approximately 20% of fees annually. The total cost for four years, including tuition and living expenses, is approximately 17-18 lakh INR, with semester fees ranging from 1.61 to 2.43 lakh INR. Hostel and mess fees are mandatory, with a 3-sharing non-AC room costing 94,000 INR annually. Despite the high fees, the college provides excellent placement opportunities, with an average package of 13 lakh INR and a high of 43 lakh INR.
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