Scholarship funds are welcome from interested alumni, well-wishers, parents of students and alumni. The fund thus generated will meet the cost of education of one or two students for their education in the college in the case of scholarships. Annually the expenses incurred on a student by fees is Rs 9000/- as of now. A sum of one and half lakhs if invested (at the present rate of interest) can bring in an annual return with which the said expenses can be met.
One may also contribute any sum any time to the Alumni Scholarship Fund which will be disbursed to meritorious students.It can also be an assurance that annually at the beginning of the academic year the said sum will be transferred to the college by the sponsoring parent, alumni, agent or foundation.
As to selection of the deserving student a committee consisting of student council president, teachers council secretary and a GB member will be constituted who will propose three names and the awardees will be chosen by the GB of the college. The proposed criteria of selection are as follows: the financial constraints of the family (low income) the academic performance of the student (minimum attendance of 80% and above 50% marks in the college examination/selection tests). The money will be transferred annually from the sponsorship fund/sponsoring agent to the college account as payment for the students expenses and the same will be intimated to the sponsor, the parent and in the annual report of the college presented by the principal at the inauguration of the college academic session.
The sponsorship of the student will be named after the person or agency or family that the sponsor so desires to be named after.
In case of endowments the sum will be utilized for the purpose of organizing a guest lecture by a prominent person from any part of the country on any one of the themes chosen by the college council, consisting of the department heads and campus coordinator. The choice of theme shall be in rotation as to give acknowledgement to developments in each of the subjects taught in the college. The endowment grant should cover the cost of the travel expenses of the invited speaker, his/her honorarium and the expenses for the hosting of the event at the college (invitations, food for invitees, and publicity). A sum of 25000/- should cover the above costs. The sum of 4 lakhs may be deposited in the endowment account of the college as a lump sum from which interest returns the annual endowment lecture will be conducted or as annual contribution towards the expenses (as reimbursement of bills submitted or as donation against which the utilization certificate and audit report shall be submitted to the GB and the donor/sponsor.)
The Endowment lecture to be held annually will be named after the donor or the person he/she wishes it to be named after. A report of the same shall be tabled annually by the principal at the college day report and/or at the annual parents’ and teachers meeting.