Zakah shall be paid by giving it to a poor student and making him its owner, whether it is given in form of scholarship, cooked food, clothes; quilt etc provided it is given in the possession of the person whom it is given. If it is given each moth then madrasa shall not bear any loss. Yet, if the scholarship was given and the student left then also the zakah was paid. However, the food etc which the student used is debt on him, which may be demanded from him. Or you may adopt any other safe method of giving scholarship.
Allah (Subhana Wa Ta’ala) knows Best
Darul Uloom Deoband