The Institute awards cash prizes to the meritorious students, who stand first and second in the University Examinations in their respective programmes on annual basis as per the criteria given below: The student who secures 75% marks and clears all the papers in the first attempt is awarded with a scholarship of Rs. 10,000/- for one year and the second ranker gets a scholarship of Rs. 7,500/-. In case 75% marks are not scored, then the highest between 70% and above is considered as the criteria for second ranker.