The scholarship is awarded to the students of B.Com (Hons) II and III Year each,who secure the highest percentage of marks (above 70% in aggregate) in the College ,in the first attempt.
A monthly scholarship of Rs 1000/- is awarded to the best student of B.A. (Programme.) Ist year on the basis of his/her examination results
It is awarded to the student of B.Com (H) III year who secures the second highest percentage of marks, (above 70% in aggregate) in the college, in B.Com (H) II year.
Students of the Department of Economics at Shivaji College are felicitated with the annual merit cum means scholarships under P. C. Ganguly Memorial Scholarship. Every year a sum of Rs 3000/- is awarded to one student of Economics from each year of B.A (Hons.) Economics.
A Scholarship of Rs. 3500/- is awarded to the B.Com (Hons.) student under New Revised Syllabus, for securing highest marks in II nd Semester University examinations.
A Scholarship of Rs. 3600/- is awarded to B.Com(Hons.) student under New Revised Syllabus, for securing highest marks in IV th Semester University examinations.
Two prizes will be awarded to top two students of B.Sc. (H) Zoology in the penultimate year of the degree course.
A Gold Medal would be awarded to the topper of B.Sc. (H) Physics III Year.