SKIT offers various scholarships to students. They are:

1. Shrimati Gyani Devi Scholarship
2. SKIT’s Alumni Scholarship worth Rs. 10 Lacs for the needy/meritorious students.
3. AICTE offers the following scholarships for students whose family income is less than or equal to INR 8 LPA.
4. Pragati Scholarship Scheme for two girl candidates/families.
5. Saksham Scholarship Scheme for the specially-abled.
6. MHRD provides a scholarship of Rs. 12,400/- per month to GATE Qualified candidates.
7. Govt. scholarships are available to reserved category students.