Dr. Shyama Prasad Mukherjee University (DSPMU) primarily offers scholarships through the Jharkhand government's E-Kalyan program, which is available for SC, ST, OBC, and economically weaker students. This scholarship can cover up to 90% of the tuition fees, with eligible students receiving amounts such as Rs. 7,000 per semester or up to Rs.
40,000 annually. The college does not provide scholarships for general category students, and the tuition fees remain relatively low, ranging from approximately Rs. 2,000 to Rs. 30,000 per year depending on the course. While the college has some loan facilities through on-campus banks, these are reportedly underutilized. The institution does not offer additional scholarships of its own, and financial aid is primarily facilitated through government programs.
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