The scholarships for SSGMCE Shegaon students are Government of India Post-Matric Scholarship, Post-Matric Scholarship for persons with disability, Post Matric Scholarship Scheme, Rajarshi Chhatrapati Shahu Maharaj Shikshan Shulkh Shishyavrutti Scheme, State Government Open Merit Scholarship, Scholarship to Meritorious students possessing Mathematics /Physics, Post Matric Scholarship to VJNT students, OBC students and SBC students, State Minority Scholarship Part II, Scholarship Scheme for State Minority Communities Pursuing Higher Professional Education/All Post H.S.C courses, SSGMCE Shegaon Scholarship/ Freeship (Full Free Studentship and Half Free Studentship) and SSGMCE (College) Scholarships/Free ship (Merit Scholarship and Donors Scholarships).