This committee ensures that financial support reaches deserving and economically weaker students. It processes applications for various government and private scholarships, merit-based awards, and need-based fee concessions. The committee verifies documentation, liaises with sponsoring agencies, and guides students through the application procedures. 

Regular announcements and awareness drives are conducted to inform students about available financial aid. By ensuring timely disbursal and transparency, the committee plays a vital role in making education more inclusive and accessible.