The college offers a variety of scholarships, primarily funded by government programs, for students from economically and socially disadvantaged backgrounds. Key scholarships include the Economically Backward Class (EBC) scholarship, which reduces fees by 50% for students with family incomes below 8 lakhs, and the Tuition Fee Waiver Scheme (TFWS) for eligible students based on merit. Additional scholarships are available for SC/ST/OBC categories, with fees as low as 2,000 INR for SC/ST students.
Jain minority students benefit from reserved seats. The standard annual fee for general category students is approximately 118,000 to 145,000 INR, but can be reduced significantly through these scholarships. Students maintaining over 90% attendance receive a 1,000 INR coupon for use in the college canteen and stationery shop. The college collaborates with banks to provide educational loans with low-interest rates. Some students also benefit from the Punjabrao Deshmukh scholarship, which offers 3,000 INR to hostel students.
Scholarships are facilitated through the MAHADBT online portal and require appropriate documentation, such as caste and income certificates.

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