In spite of its limited economic resources, Simara College has managed the attractive scholarship for the poor and intelligent students as mentioned below:
- One month tuition fee waive for the internal examination topper of each faculty
- Tweleve month's tuition fee waive for the board examination (TU) topper of each faculty
- 50% monthly fee waive for the Dalit, Handicapped and conflict victims of jeetpur simara submetropolitan, ward no. 1, 2, 3 & 4.
- Scholarship fund for regular scholarship upto 100%