Lovely Professional University is known for providing financial help for students through various scholarship schemes. It offers different scholarships which are offered by Ngo's, under government schemes, and normal schemes. Lovely Professional University provides different government and institute scholarships to provide financial assistance to help students with low-income backgrounds and students with good merit throughout their education.
The scholarship offerings of LPU includes Punjab Building and other construction workers Welfare Board Scholarship Scheme, National Fellowship for Students with Disabilities, Ambassadors Scholarship for Bhutanese students, Nishkam Scholarship, Central Scheme of Scholarship for College and University Students by NSP, Prime Minister's Scholarship Scheme for Central Armed Police Forces & Assam Rifles Ministry of Home Affairs by NSP, Scholarship for Top Class Education For Students with Disabilities by NSP, Sahu Jain Trust Inland Scholarship, HDFC Educational Crisis Scholarship Scheme, Vidyasaarathi Scholarship, NEC Merit Scholarship Tripura by NSP, Financial Assistance, Prime Minister's Scholarship Scheme For RPF/RPSF etc. The eligibility for these scholarships includes merit and a certain income limit for consideration. The scholarships will be offered separately for several courses.
Scholarship Granted Last Year:
| Scholarship Amount Distributed | Student Scholarships Benefits | Students Covered | Average Scholarship Granted |
| INR 100 Crore | INR 6.8 Lakhs | 70% | 42% |
Follow the table below for detailed scholarship criteria for several courses:
| Scholarship | Eligibility criteria | Eligible course students |
| Punjab Building and other construction workers Welfare Board Scholarship Scheme | Merit Students who belong to Punjab with a certain income limit will be preferred | All are eligible |
| National Fellowship for Students with Disabilities | Students who have disabilities with a certain income limit will be preferred | All are eligible |
| Ambassadors Scholarship for Bhutanese students | Bhutanese Students who have good merit with a certain income limit will be preferred | All are eligible |
| Nishkam Scholarship | Students who have impressive merit with a certain income limit will be preferred | PG students are eligible |
| Central Scheme of Scholarship for College and University Students by NSP | Students who have impressive merit with a certain income limit will be preferred | All are eligible |
| Prime Minister's Scholarship Scheme for Central Armed Police Forces & Assam Rifles Ministry of Home Affairs by NSP | Students who belong to armed police forces background with very good merit and certain income will be preferred | All are eligible |
| Financial Assistance scheme | Students who seek financial assistance are preferred | All are eligible |
| Scholarship For Top Class Education For Students With Disabilities by NSP | Physically disabled students with good Merit and certain income will be preferred | All are eligible |
| Post Matric Scholarship for OBC by TG | OBC Students with very good merit and certain income will be preferred | all department students are eligible |
| Sahu Jain Trust Inland Scholarship | Students with very good merit and certain income will be preferred | Engineering and MBA students are eligible |
| HDFC Educational Crisis scholarship scheme | Students with very good merit and certain income will be preferred | All are eligible |
| Vidyasaarathi Scholarship | Students with very good merit and certain income will be preferred | All are eligible |
| NEC Merit Scholarship Tripura by NSP | Tripura Students with very good merit and certain income will be preferred | All are eligible |
| Prime Minister's Scholarship Scheme For RPF/RPSF | Students who belong to RPF/RPSF background with very good merit and certain income will be preferred | All are eligible |
