Mukand Lal National College offers various scholarship programs to support students, particularly those from economically weaker sections, SC/ST categories, and students from the village of Saheed Rocky. The college scholarships cover up to 100% of fees for SC/ST students and around 60% for OBC students. The annual fees vary by course, with B.Com (Travel and Tourism) around Rs 25,000, B.Com General approximately Rs 8,000, and BCA ranging from Rs 42,180 to Rs 50,000 depending on the year.
Scholarships are awarded based on merit, caste, and economic status. The college does not offer loans but allows fee payment in installments. Students from Haryana receive priority for scholarships. Despite affordable fees, scholarship distribution can be inconsistent, with some students not receiving the full benefits.

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