The UVAS offers financial support to deserving talented students in different forms. Few merit scholarships are awarded every year. Scholarships are also offered by organizations such as Board of Intermediate & Secondary Education; Fauji Foundation; Various District Councils; Industrial concerns; Punjab Zakat Department, Punjab Bait-ul-Mal Department and Pakistan Banking Council. Similarly, scholarships are awarded to students of various provinces in accordance with their rules and regulations. Students are not eligible to receive more than one scholarship at a time out of the Government Revenues. Financial support is also available to students belonging to financially constrained families.