1. Means cum Merit Scholarships are awarded to all deserving Zoroastrian students in granting complete remission of fees.

2. Sethna Memorial Scholarship is awarded to meritorious Zoroastrian students of the Junior College.

3. Selected deserving students are also given complete remission of fees by the Trustees of the BJPC Institution.

1. Late Goola Jehangirsha Pardiwalla Memorial Silver Medals for toppers of each class from STDs 1 to 12.

2. Late Fali Khambatta Cash Awards in pious memory of his late family members for securing highest/second-highest marks in SSC and HSC Board Examinations.

3. Merit Cash Awards for toppers in SSC and HSC Board Examinations, constituted by the Trustees of the BJPC Institution.

4. Merit Cash Awards for toppers in HSC Examination, constituted by Sir Jamsetjee Jejeebhoy Bt. , in memory of his late father.

5. Cash Award for HSC Topper, constituted by Mr. Hoshi Charna, in pious memory of late Jerbai & Bappuji Charna.