In addition to teaching Indian dance forms to students and nurturing their talent, Guiding Star Productions also realizes the importance of recognizing deserving talent. This need is taken care of by the provision of scholarships which are provided by the school to deserving students of the dance academy who have excelled in Indian form of dancing. 

Students are shortlisted for these scholarships based on their performance in the dance classes (ability to recall steps) combined together with their steady attendance record. Aimed towards keeping the interest towards dance alive these scholarships are very sought after and popular amongst the student community of this dance academy.

Guiding Star Productions currently provides two categories of scholarships to its students based on the monetary value associated with them, namely; the Devasha Scholarship for Excellence in Indian Dance and the Krishna Devi Jindel Scholarship for Excellence in Indian Dance. Providing equal chance to students of all age groups these scholarships cater separately to the Junior as well as the Senior category of students training at the dance school.