Yes, there are various scholarships available for aerospace engineering students. These scholarships are offered by universities, government bodies, and private organizations. For example, IITs and other top institutions in India offer merit-based scholarships to students with outstanding academic performance. Additionally, organizations like the Indian Space Research Organisation (ISRO) and aerospace companies provide scholarships to promote education in the field. Some private companies and NGOs also offer scholarships based on financial need or specific achievements in the field of aerospace engineering.