There are students and schools that become disheartened and stunted in the path of growth, because of financial problems. As the problems of such individuals and institutions were taken up for consideration, teaching and non-teaching staff suggested that a welfare fund may be organised with the contributions from their income.This suggestion was submitted before the late Archbishop Antony Padiyara. After detailed discussions, a welfare fund named EDUCAID was formed and the order of approval was given. The school education committee of the pastoral council played a great role in the birth and growth of this idea.
Every employee under this management contributes one month’s salary including dearness allowance once their appointment is approved and continues to give one day's salary annually.