The  Meteorology Graduate Program receives a number of scholarships from the Coordination for the Improvement of Higher Education Personnel (CAPES - Coordenação de Aperfeiçoamento de Pessoal de Nível Superior) and from the National Council of Technological and Scientific Development (CNPq - Conselho Nacional de Desenvolvimento Científico e Tecnológico). Individual requests may also be submitted to FAPESP, a funding agency that evaluates and grants scholarships independently.

For means of scholarship distribution in the MSc course, the Admissions Committee, composed of three professors from the program, examines the documentation submitted during registrations. At the beginning of each semester, after evaluating the written compositions and tests, and curriculum results, applicants are ranked according to their performance.
After joining the Academic Excellence Program (PROEX – Programa de Excelência Acadêmica) from CAPES, significant improvements on resource management were achieved, further reducing scholarship issues.

Generally, every new student receives scholarships from funding institutions, through quotas or from a professor’s research project. However, depending on the number of students enrolled, there may be more newcomers than available scholarships when the semester begins. Taking this into consideration, if one or more students have no funding, at the end of the term, student performance in disciplines will be used as a criterion for scholarship concession after grades are assigned.

For the PhD course, the Admissions Committee analyses and grades research projects and candidates’ documentation, for means of scholarship distribution. When available a CNPq scholarship may be granted to the best ranked student based on academic performance, progress in the course, and admission exam grade. In such case, when depositing the thesis, the student must deliver to the Graduate Student Administration an expenditure summary of the bench fee. CNPq requires that students keep all receipts and expense certificates from whenever bench fees were used for five years after the last expenditure.

Suspension or cancellation
Scholarships may be suspended or cancelled in the following cases:
- failing one or more subjects;
- obtaining a weighted mean grade of C or less at the end of the semester;
- delaying the semiannual activity report without justification;

The CCP will analyze cases of scholarship suspension upon request from the Council of Supervisors.

The scholarship is granted for a maximum of 24, 48 and 60 months for MSc, PhD and direct entry PhD students, respectively. Therefore, grantees who do not present their defense within the allotted period will have their scholarships cancelled.