There are several scholarships and grants available for students studying Mechanical Engineering as an optional subject. These opportunities aim to support and encourage students pursuing a career in this field by providing them with financial assistance. Here are some scholarships and grants that students can consider:

1. **National Merit Scholarship Program**: This scholarship is awarded to students who have excelled academically and achieved high scores on the PSAT/NMSQT. It is a highly competitive scholarship that provides financial support for undergraduate studies, including Mechanical Engineering.

2. **Society of Automotive Engineers (SAE) Scholarships**: The SAE offers a variety of scholarships to students studying engineering, including Mechanical Engineering. These scholarships are awarded based on academic achievement, leadership skills, and involvement in extracurricular activities related to the field.

3. **American Society of Mechanical Engineers (ASME) Scholarships**: ASME provides scholarships to undergraduate and graduate students pursuing a degree in Mechanical Engineering. These scholarships are awarded based on academic achievement, leadership potential, and involvement in ASME activities.

4. **The National Society of Professional Engineers (NSPE) Scholarships**: NSPE offers scholarships to students studying engineering, including Mechanical Engineering. These scholarships are awarded based on academic performance, involvement in engineering societies, and a commitment to the engineering profession.

5. **EduRev Scholarships**: EduRev, a popular online learning platform, also provides scholarships for students studying Mechanical Engineering. These scholarships are awarded based on academic merit and financial need.

It is important to note that the availability and eligibility criteria for scholarships and grants may vary. Students are encouraged to research and apply for scholarships through reliable sources such as the official websites of the scholarship providers or trusted educational platforms like EduRev.

In conclusion, there are several scholarships and grants available for students studying Mechanical Engineering as an optional subject. These opportunities provide financial assistance and recognition to deserving students, enabling them to pursue their academic and career goals in the field of Mechanical Engineering.