MES College of Engineering offers a variety of scholarships and financial assistance to support students, particularly those from financially disadvantaged backgrounds and with strong academic performance. Key scholarship opportunities include full fee waivers for students with top entrance exam ranks, such as free tuition for ranks under 1000, and significantly reduced fees for ranks between 2000 and 5000. The Merit cum Means (MCM) scholarship provides 25,000 INR for day scholars and 30,000 INR for hostel students annually.
Additionally, students from minority communities can access the government-funded MOMA scholarship, offering 25,000 INR per year for non-hostelers and 30,000 INR for hostelers. Scholarships are also available for SC/ST and low-income families, with specific reductions based on family income and academic merits. Moreover, the college supports government scholarship schemes and provides a fee waiver for students with a KEAM rank under 10,000. Financial aid includes on-campus job opportunities and a loan facility for first-year students, with no interest charged.
The college actively guides students in availing state and national scholarships.

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