The Financial Aid Program (FAP) was started in 2007 by the Class of 1981 to provide educational funding to students with social and economic disadvantages.
The FAP scholarship is a peer-to-peer scholarship with the students expected to pay back the scholarship when they are financially stable once they graduate, which will then fund other needy students. All students across all programs and disciplines are eligible for support.
FAP covers the entire registration fee of students, including tuition fees, mess bills, etc. Other value additions added in recent years include mentoring opportunities, industrial visits, etc. Most students donate back the money in timelines suited to their individual situations once they secure a job, thus keeping the endowment perpetual and growing.
Almost each legacy batch adds some money to the endowment pool, thus ensuring that the endowment continues to grow and help students in need.
The class also supported the Mess Workers Incentive Fund, which was used to benefit the mess workers working in the hostel mess. The batch also provided Fellowships to promote research in the Centre for Technology Alternatives for Rural Areas (CTARA).