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.
| Pradeepkumar P. I. | Convener | CH | 2022 |
| Bakul Rao | Member | CTARA | 2022 |
| Sameer Ralph Jadhav | Member | CL | 2022 |
| Manaswita Bose | Member | EN | 2022 |
| Sudhanshu Mallick | Member | MEMS | 2022 |
| Parag Kumar Chaudhuri | Member | CSE | 2022 |
| Rajesh Narahari Patkar | Member | BSBE | 2023 |
| Mrinmoyi Kulkarni | Member | HSS | 2023 |
| Preeti Raman | Member | MA | 2024 |
| Faculty Adviser, SC/ST students | Ex-Officio Member | ||
| Registrar | Ex-Officio Member | ||
| Dean(ACR) | Ex-Officio Member | ||