The New College offers following scholarships for the students. Students are directed to meet the class counselor/ scholarship clerk in the office for more details on various scholarships.

1. Merit Cum Means Scholarship

• A national merit-cum-means scholarship is offered to students belonging to minority communities.
• Only those candidates who have secured a minimum of 50% marks in the qualifying examination are eligible.
• This scholarship is available for UG, PG, and M.Phil. And Ph.D. courses. The annual income of parents of eligible candidates should not be more than INR 1, 00,000.

2.  National Loan Scholarship

• This scholarship is for UG and PG students belonging to SC and ST category.
• The applicants should have scored a minimum of 50% in the qualifying examination.
• This scholarship is available only for students staying in reputed/approved hostels.
• The annual income limit is INR 1, 00,000.

3. Scholarship for the physically challenged

• Candidates who are deaf/hearing impaired, visually and, orthopedically challenged are offered this scholarship.
• Parent’s income should not be more than INR 1, 00,000.

4. Residential and non-residential state scholarships

• This scholarship is for students belonging to SC, ST, and those converted from Hinduism to Christianity. Such candidates should be natives of Tamil Nadu.
• Annual Income limit: Rs. 2, 00,000/- for SC., ST., and Rs. 1, 00,000/- for Christian converts.

5. Candidates who have done school education in the Union Territory of Pondicherry are offered Pondicherry state Post-Metric scholarship.
6. Directorate of Tribal Affairs, Government of Manipur, gives Post-Metric scholarships for students from Manipur state.
7. Those belonging to Territory of Lakshadweep are awarded scholarships by Administration of the Government of Union Territory of Lakshadweep.
8. Directorate of Higher Education, Kohima, Nagaland, gives Post-Metric scholarships for students from Nagaland state.
9. Under Tamil Nadu Agricultural Labourers – Farmer’s Welfare Scheme, students belonging to the family of farmer’s community are offered scholarships by the Directorate of Collegiate Education, Tamil Nadu.
10. Candidates who are pursuing Ph.D. are offered stipend by The Directorate of Collegiate Education, Tamil Nadu.
11. Students scoring 80% or above in the qualifying exam are offered scholarships by Ministry of Human Resource Development through the Directorate of Collegiate Education, Tamil Nadu.
12. Ministry of Labor, Government of India, gives scholarships to the children of Beedi / Mine / Cine workers from Tamil Nadu.
13. Wards of Secondary Grade Teachers who are working in Government Recognized Primary and Middle Schools for pursuing M.A., M.Sc., M.Com. M.Ed., ML, M.C.A., M.Phil courses in Tamilnadu are given scholarships.

• Candidates applying for this scholarship must have secured not less than 60% marks in the U.G. Courses.
• Selection is made on the merit basis.
• There is no income limit.

14. The parent body of The New College, Muslim Educational Association of Southern India (MEASI) awards scholarships to poor and deserving Muslim students pursuing unaided courses in the Day College and all UG and PG course in the Evening College.