Madhav Institute of Technology and Science offer scholarships to its students to support their education. The institute's alumni association has launched a scholarship program for students, with eligibility criteria set by the college.
Some specific scholarships mentioned includes the "medhavi" scholarship for students with a rank less than 150,000 in JEE MAIN and 85% in boards, as well as scholarships for OBC and SC/ST students.
Additionally, there are opportunities for financial assistance through government scholarships like MMVY (Medhavi and Pragati) scholarships for girls.
The institute also provides information on tuition fee waivers and other financial aid programs to support students financially.