Awards
VSPS offers four prestigious awards :
Shree Ragendra Swarup Award : for the students of the senior school.
Dr. Virendra Swarup Award : for the students of the middle school.
Rai Bahadur Dr. Brijendra Swarup Award : for the students of the primary school.
Rai Bahadur Anand Swarup Award : for the students of the pre-primary school.
These AWARDS will be given to exemplary and meritorious students to stimulate & encourage healthy competition among them. A composite index carrying due weight on academics, sports and co-curricular activities shall be the qualifying factor for the awards. The AWARDS shall be given at the end of the academic year on the basis of individual indices for the year. The AWARDS shall either carry a cash prize and/or academics or sports related item(s).

Scholarships
The school considers applications for financial support scheme of VSPS, for students unable to bear the cost of education due to financial constraints. Under the scheme, scholarship is awarded for a period of one year to deserving applicants on submission of application along with required documentary evidence and subsequent approval of management. Scholarship generally covers part of the non-accountable School fee.
Any scholarship can be withdrawn or suspended by the Principal, if the recipient is found neglecting studies and breaching school discipline.

Brother-Sister & Widow Concession
Brother - sister concession in monthly fee @ Rs. 200/- p.m. to the second child & Rs. 150/- p.m. to the third child are given to real brothers and sisters (not cousin) studying in the school.
Widows with an annual income of less than Rs. 48,000/- p.a. (application and certificate required) are given a concession in monthly fee @ Rs. 250/- p.m.