The ASET provides a platform of financial grant to students for their Higher Education in India. Awards are given to those students who qualify in the ASET examination and take admission in engineering colleges managed by the AIATERF. The society has high cultural values and believes in equal opportunity to be given to students. The society does not believe in caste, community, gender or religion. To aware the scholarship, an applicant must apply for ASET and study a course at colleges run by the AIATERF and also fulfill specified eligibility criteria of the regulating authority, affiliating university and AICTE, New Delhi.