- Badya Instrument Siromani Ganesh Lal Shrestha Scholarship – In the memory of late B.S U. Ganesh Lal Shrestha, this scholarship was established in Year 2050 B.S. (1993) by KISM. Every year this scholarship will be granted to talentedstudents of instrumental music.
- Sangeet Vocal Siromani Yagyaraj Sharma Scholarship In memory of late S.S.U. Yagyaraj Sharma, this scholarship was established in Year 2050 B.S. (1993) by KISM. Every year this Scholarship is given to two talented students in vocal.
- Krishna Govinda Scholarship in memory of the Krishna govinda senior Tab list . This scholarship was established by his wife……in year 2005 (2061 B.C.) Every year this scholarship is given to one talented student in Tabala.