Manipal College of Pharmaceutical Sciences (MCOPS) offers various scholarships and financial assistance programs to deserving students. These scholarships include merit-cum-means scholarships and freeships.
Students who ranked within the top 100 places are offered 100% Freeship, but only for course fees and not for expenses such as accommodation or books.
Students admitted from ranks 101 to 500 on the merit list are eligible for merit-cum-means scholarships, with the scholarship amount determined by the parent's annual income. Konkani-speaking students are eligible for a 10% tuition fee waiver.