NIT Andhra Pradesh does not offer individual scholarships but provides financial assistance through various state and central government-funded scholarship programs. These include the National Scholarship Portal (NSP), which offers scholarships up to Rs. 80,000 per annum, and state-specific scholarships like Jnanabhumi and Jagananna Vidya Kanuka for eligible students. Students from economically weaker backgrounds can avail full tuition fee waivers if their family income is below Rs. 1 lakh per annum, and a two-thirds fee remission for incomes between Rs. 1 lakh and Rs. 5 lakh per annum.
Tuition fees are Rs. 62,500 per semester, with additional hostel fees of approximately Rs. 30,000 per semester. SC/ST/PwD students receive full tuition waivers. The college also partners with banks like SBI to facilitate education loans at low-interest rates. Various merit and need-based private scholarships are available, including those from corporations such as Samsung and Reliance.

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