St. Thomas College offers a variety of scholarships and financial aid opportunities primarily supported by government schemes, aimed at helping students from diverse backgrounds. Scholarships are available on a merit and need basis and include E-grants, post-metric scholarships, central sector scholarships, and schemes for SC/ST, OBC, and minority students. Students can also benefit from scholarships like the single girl child scholarship and specific programs for students from Lakshadweep. The college does not offer direct loan facilities but supports students in availing loans from external sources.
Fees for courses are generally economical, with aided courses costing significantly less than self-financing programs, which can go up to 30,000 per semester. The college ensures that fees remain low, with many students paying around 3,500 to 6,000 annually after scholarships. Placement opportunities are robust, with over 250 placements yearly, in companies like Wipro and Federal Bank. The college also provides fee concessions for students admitted through merit and community quotas, while management quota students usually do not receive such concessions.
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