In the official website of MITS college there is no specification regarding fee reimbursement or scholarship.

So my opinion will be if you know someone who is a passed out student or a studying in MITS college , do ask him because in some colleges there are some special provisions which aren't disclosed in public media. So its better if you contact some one or you can just sent a mail to the official email id of MITS college and get it discussed or you can directly call the college authority in the number provided at right side down of the website.

I hope my answer helps you. Have a great day!