Merit and Merit-cum-Means scholarships. Special stipends for SC/ST/OBC and Minority students with the help of UGC grant. Annual prizes, awarded annually at the time of the Annual Function, for both academic and extra-curricular activities.

Financial Assistance
The following schemes, grants and donations are available for deserving students:

GOVERNMENT
1. Govt. of India, Ministry of Labour& Employment
2. West Bengal Minorities Development & Finance Corporation
3. Government of West Bengal Education Directorate (Scholarship & Stipend Section)
4. Kanyashree Scholarship, Government of West Bengal
SC/ST Scholarship

OTHER SCHOLARSHIPS
1.Ramakrishna Mission Institute of Culture
2.Sarada Scholarship, Sri Sarada Math
3. Bengal Culture Society, USA
4. SheelaKanoria Scholarship

In addition, the Institution receives donations from a host of well-wishers (including past and present teachers and alumni) to support and encourage students. The Students’ Welfare Committee, a unit of the RKSMVV Teachers’ Council, also has a Students’ Welfare Fund specially set up to support students’ needs.