The scholarships available for St Francis Institute of Technology students are Government of India Post-Matric Scholarship, Post-Matric Scholarship for persons with disability, Post Matric Scholarship Scheme, Rajarshi Chhatrapati Shahu Maharaj Shikshan Shulkh Shishyavrutti Scheme, State Government Open Merit Scholarship, Scholarship to Meritorious students possessing Mathematics /Physics, Post Matric Scholarship to VJNT students, Post Matric Scholarship to OBC students, Post Matric Scholarship to SBC students, State Minority Scholarship Part II and Scholarship Scheme for State Minority Communities Pursuing Higher Professional Education/All Post H.S.C courses.