Yes, Allahabad University offers scholarships to students based on need and merit. These scholarships are offered through various governing bodies, including:

• UGC Scholarship
• Rajiv Gandhi Scholarship
• Jawahar Bhawan Trust Scholarship

Students can apply for scholarships at the university and government level at different levels of education. The scholarships are offered to students based on their academic performance and financially weak background. 

To apply for a scholarship at Allahabad University, candidates must check the eligibility criteria set by the college. Applications for institution of scholarship can be submitted throughout the year to the Vice Chancellor, University of Allahabad.