Scholarships are available from MACET to worthy but underprivileged students. They receive scholarships from the college based on certain requirements. The main goal of scholarships is to inspire and encourage worthy students to continue their education despite financial limitations.
There are also certain government loan and scholarship programs accessible; the specifics are as follows:
Ministry of Minority Affairs (MOMA)-
Students who identify as members of minority communities—Muslim, Christian, Sikh, Buddhist, Jain, or Parsi (Zoroastrian)—and who wish to pursue professional or technical courses can apply for financial aid under the MOMA Scheme.
Bihar Kalyan Vibhag Scholarship- Bihar Kalyan Vibhag Scholarships are awarded by the Bihar government's Welfare Department to students from minority, OBC, SC, and ST groups who are enrolled in accredited colleges or institutions to pursue technical education. Students must be Bihar residents to be eligible for this scholarship, and their family's annual income cannot exceed 2.50 lakhs.
Student Credit Card Scheme- Under the Mukh Mantry 7 Nishay Program, the Government of Bihar has launched an excellent strategy called the Student Credit Card System (BSCCS). Students can apply for bank loans under this program up to Rs 4 lakhs. The government has decided to provide a credit card, which will cover all of their other major living expenditures while they are enrolled in school in addition to paying for their education.