This committee recommends to the Chairman and Senate the awarding of institute scholarships, such as MCM and free ship, to undergraduate students, as well as scholarships provided by private trusts and agencies. A list of the members of this committee is given below.
| Prof. Prasenjit Basu | Convener | CE | 2025 |
| Prof. Preeti Raman | Member | MATH | 2024 |
| Prof. Ashwini Yella | Member | MEMS | 2025 |
| Prof. Ashwin Tulapurkar | Member | EE | 2025 |
| Prof. Jyoti Seth | Member | CL | 2025 |
| Prof. Maheshwaran Shanmugham | Member | CH | 2025 |
| Prof. Vineeth Nair | Member | AE | 2026 |
| Prof. Rama Pal | Member | EC | 2026 |
| Faculty Adviser, SC/ST students | Ex-Officio Member | ||
| Registrar | Ex-Officio Member | ||
| Dean (Alumni and Corporate Relations) | Ex-Officio Member | ||