SEAT was inaugurated on the occasion of the Platinum Jubilee of the Society on 15th August 2008 by Bharat Ratna Dr. APJ Abdul Kalam to provide financial assistance for education of under privileged sections of the society. The cost of higher education has skyrocketed in recent times, virtually shutting doors to lower middle class and the poor. Students enrolled in the Society's institutions, unable to pay the fees, are encouraged to pursue their studies with financial support from SEAT covering the whole or part of their fees as per the appraisal of their financial position. SEAT singularly has been one of the major initiatives to widen the access for education. In addition to SEAT, the Society receives annual grants from Essar Endowment, Nihchal Israni Foundation Scholarship and Seth Bhojraj Hassomal Charitable Trust scholarship.

One of the limitation of SIES-SEAT and other scholarships is that the grants are restricted only to SIES students. With a view to expand the sweep of its influence and cover more students all across the city outside the SIES family, the Society donated a sum of Rs. 10.0 crores to Ghatkopar South Indian Educational Trust (GSIET). It also gave annual grants to GSIET for three years, the total donation being

SEAT disbursements during the year and cumulative till date is :

2788 students were given fee assistance of Rs. 3,16,66,927. In addition, students not covered by SIES-SEAT have been beneficiaries under Essar Endowment, Nihchal Israni Foundation and Seth Bhojraj Hassomal Charitable Trust Scholarship. Many other students also benefitted from the interest earned on endowments set up to provide merit and need based scholarship. Over the last seven years, the Society spend Rs. 14.67 crores in reaching out to the poor, deserving and meritorious to ensure no disruption to their academic pursuits. Singularly this is the most significant ISR initiative in education itself, of which we all can be legitimately proud of.