Mahatma Gandhi Law College offers several scholarships and financial assistance options primarily for students from reserved categories, including SC, ST, BC, and EWS, with specific eligibility criteria such as annual family income limits and residency in Telangana state. The Post Matric Scholarship scheme is available for students with family incomes below Rs 1,20,000, covering a significant portion of fees. For SC/ST students, the government reimburses 75% or more of the fees.
The college’s annual tuition fee for various programs is generally affordable, with BBA LLB fees around Rs 28,000 per year, LLM fees at Rs 70,000 annually, and management category students paying Rs 1,00,000 per year. Additional fees include registration and exam fees, with the possibility of fee waivers or reductions depending on entrance exam scores and reservations. Central scholarships are available for non-Telangana residents. The fee structure remains lower compared to other law colleges, though occasional hikes occur.
The college also facilitates placements in companies like Tech Mahindra and Wipro.

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