Karunya University established in 1986 by the vision given by the Almighty God to our Founders provides excellent infrastructural facilities with a very conducive atmosphere for serious academic work. The students are guided by an academically oriented and highly motivated faculty to produce well trained, qualified, technical personnel. Along with our efforts to provide excellent technical training, we also take care of the poor, needy and brilliant students of their financial need by offering them scholarships The college has built up a total amount of Rs. 10 Lakhs to be offered as scholarships, every year apart from the endowments instituted by the individuals in memory of their relatives and in addition to an amount of Rs. 50,000.00 contributed by the alumni association to support the scholarship scheme. The college scholarship is under two categories.

A. Jesus Calls Scholarship

Fifty percent of the amount (around Rs. 5 Lakhs) offered as loan scholarship to the poor students under this scheme.

B. Karunya Scholarship

The other fifty percent (around Rs. 5 Lakhs) is offered as loan scholarship to the meritorious poor students under various categories as listed below. Loan Scholarship to the meritorious poor students

(a) Academic Excellence based on merit - max 15%

(b) Physical excellence based on sports - max 15%

(c) Spiritual Excellence - max 15%

(d) All-rounder - Balance%

C. Endowment Awards

(a) Dr. Johnson Victor award for the best civil Engineering student

(b) Best Spiritual students award, one to each branch of study (8) students

(c) Best outgoing students award

(i) Male student

(ii) Female students

D. Ivan Thomas award for Best student in the Mathematical subject 
E. Kodaikanal Jeyaraj Award as loan to poor students 
F. Diana Beltricks Award & Jeeva Patric Award for Best outgoing girl students 
G. Jeganon Diagou Award and Ajit Thomas Award to the overall best final year student 
H. Dr. Gurubathani award for the best student 

Specific rules and regulations have been framed and a scholarship committee with the Registrar as Chairman and Bursar as Secretary and All Directors, All HOS, Physical Director, KAID co-ordinator as members have been constituted to disburse the scholarship to the most deserving students of each category in a very fair manner. We are trying our level best to augment funds to provide a scholarship to all deserving and needy students. We are approaching our alumni members to contribute liberally to the scholarship fund and also appeal to them to set up endowments in the memory of their dear ones to help our students financially. Apart from own assistance from our own funds, we are also extending all necessary help to our students for obtaining Bank loans. Banks offering soft loans are invited to speak to our students to extend financial assistance in easy terms.Our humble wish is that our students should stay with us academically fully satisfied and motivated and at the same time financially well supported to meet all their physical needs. Our dream is to wipe away every tear from every eye and we appeal to all our alumni and the general public to liberally contribute to our scholarship fund so that our will dream come true.