The different forms of Scholarship/Fellowship provided at USTM have been categorized in the following ways:
- Free and Concessional Admission
- Ph.D Fellowship
- Merit Scholarship
- Payback Scholarship
- Memorial Scholarship
- Community Scholarship and
- Alumni Scholarship
- Excellence Scholarship on Results
- Scholarship on Emergency/ happenings (In case of sudden Accident or death of depending guardians.
Other than the following USTM also provides assistance to the students in applying for the following scholarships and bank loans:
- Government Scholarship.
- Scholarships provided by Non-Government Agencies.
- Bank Loan.