Farook College benefits from a variety of Funding Agencies that play a pivotal role in enhancing its academic and infrastructural capabilities. The RUSA (Rashtriya Uchchatar Shiksha Abhiyan) program provides essential financial support aimed at improving the overall quality of higher education in the institution. The DBT Star College Scheme further supports the development of science and technology education, facilitating the implementation of innovative teaching practices.

Moreover, the Paramarsh Scheme offers mentorship and guidance to enhance institutional quality, while the Autonomous Grant promotes the college's autonomy, allowing for strategic planning and resource allocation tailored to its unique needs. The recognition as a College with Potential for Excellence (CPE) underscores the commitment to continuous growth and improvement. Collectively, these funding agencies provide critical resources that empower Farook College to foster academic excellence and holistic development for its students and faculty.