Lakshmibai College offers a variety of financial assistance options, although some students report limited scholarship opportunities. The annual tuition fees are generally affordable, with figures ranging from approximately Rs 7,000 to Rs 14,000, depending on the course. Scholarships are available for students from reserved categories such as OBC, SC, and ST, as well as for economically weaker sections, with programs like the FSS offering a 50% fee reduction. During the COVID-19 pandemic, the college provided fee concessions and installment options for students facing financial difficulties.
The college also offers internship opportunities through its placement cell, although placement rates are considered average compared to other colleges. There is no hostel facility, so students must arrange their own accommodation. The fee structure is competitive and significantly lower than that of private institutions, making education at Lakshmibai College accessible to a wide range of students.
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