Aryabhatta College extends economic assistance to students who are facing economic hardships. In order to do so it has a Fee Concession and Scholarship Cell which informs the students about Fee Concession and Scholarship schemes being offered at Institute level. Efforts are made to keep students abreast of State and Central Government initiatives for providing financial support. Information regarding NGO's which are offering scholarship is also shared.

The college provides students with opportunities to apply for Central and State Sponsored Schemes for scholarships.

In the Academic Year 2021-22, several students have benefitted from the Centrally Sponsored schemes such as:

 PMS for ST Students - Ladakh
 Central Sector Scheme of Scholarships for College And University Students
 Financial Support to the Students of NER for Higher Professional Courses (NEC Merit Scholarship)
 Ishan Uday Special Scholarship Scheme For NER
 Post Matric Scholarship for OBC Students Uttarakhand
 Post Matric Scholarship Schemes Minorities CS
 Prime Minister Scholarships Scheme for Central Armed Police Forces And Assam Rifles
 Umbrella Scheme for Education of ST Children - PMS for ST Students Arunachal Pradesh
Students have also benefited from schemes being offered at the state level such as:

 PMS- OBC
 Post Matric Scholarship Schemes for SC
 Merit Scholarship to SC/ST/OBC Students of College/ Professional Institutions

NGO:

Two (2) girl scholars have been provided scholarships for the academic year 2021-22 by the NGO Shanti Vidya Foundation.
Institute Level Fee Concession and Scholarship for academic year 2021-22:
 Tuition Fee to 82 students
 Scholarship to 43 students