We urge alumnae to donate funds to enable MHAA to increase the number of such Scholarships in the future.
MHAA proudly instituted these Scholarships in 2008. The awards are given annually to two Second Year students, one from the Science stream and the other from the Humanities/ Social Science stream. The Scholarships recognize both academic merit and economic needs. Selection is by a committee of faculty that includes members of MHAA. The aim of the Scholarships is to facilitate the education of bright students from less economically privileged backgrounds who deserve recognition for their academic performance.
A trust fund of Rs. 2,12,000 was donated to the College to institute these Scholarships of Rs. 6000 each. The first Scholarships were given on Founders Day, 7 March 2009.
| Year | Awardees | Year | Awardees |
| 2016-17 | Lalita (Humanities) Iqra Nafees Khan (Science) | 2015-16 | Ningombam Athoibi Devi (Humanities) Aayushi Chaudhary (Science) |
| 2014-15 | Supriya Bajpai (Humanities) Anjali Verma (Science) | 2013-14 | Deepa Chaurasia (Humanities) Sarita (Science) |
| 2012-13 | Mankesh (Humanities) | 2011-12 | Rebati Sinam (Humanities) Apoorva Shandilya (Science) |
| 2010-11 | Anamika Hazarika (Humanities) Charu (Science) | 2009-10 | Antushree Puniya (Humanities) Jyoti (Science) |
| 2008-09 | Shatabdi Manna (Humanities) Kamiya jain (Science) |
Dr. Angeli Qwatra, an alumna of Miranda House, has instituted two awards called the Dr. Angeli Qwatra Awards for Excellence. The awards are given annually to two students, one in the Science stream and the other in the Humanities/ Social Science stream, based on academic merit, extra curricular activities and an interview.
A trust fund of Rs. 2,12,000 was donated to the College to institute these Scholarships. Each award carries an amount of Rs. 6000 in addition to a trophy. The first set of awards was given on the Alumnae Association Day in December 2008. Since then, these are given at the Founder's Day celebrations on 7 March, along with other college awards. These prestigious awards are amongst the most coveted awards. List of Awardees
| Year | Awardees | Year | Awardees |
| 2016-17 | Deepti Sharma (Humanities) Nitya Gupta (Science) | 2015-16 | Sanjana Kumari (Humanities) Gargi Bhatt (Science) |
| 2014-15 | Supriya Pranay (Humanities) Ritika Singh (Science) | 2013-14 | Samya Bhushan (Humanities) Shivali Bannerjee (Science) |
| 2012-13 | Vatsala Shreeti (Humanities) H. Jaishree Subramanyam (Science) | 2011-12 | Avipsha Das (Humanities) Kh. Diana Devi (Science) |
| 2010-11 | Antushree Puniya (Humanities) Dhara Arora (Science) | 2009-10 | Amrita Sengupta (Humanities) Kamiya Jain (Science) |
| 2008-09 | Nayyara Tabassum (Humanities) Alina Wahab Rizvi (Science) |