Investigation on college students’ consumption ability help classify them as from rich or relative poor family, thus to distinguish the students who are in urgent need for government’s economic support. As canteen consumption is the main part of the expenses of the college students, we proposed the adjusted K-means clustering methods for discrimination of the college students at different economic levels. To improve the discrimination accuracy, a broad learning network architecture was built up for extracting informative features from the students’ canteen consumption records. A fuzzy transformed technique was combined in the network architecture to extend the candidate range for identifying implicit informative variables from the single type of consumption data. Then, the broad learning network model is fully trained. We specially designed to train the network parameters in an iterative tuning mode, in order to find the precise properties that reflect the consumption characteristics. The selected feature variables are further delivered to establish the adjusted K-means clustering model. For the case study, the framework of combining the broad learning network with the adjusted K-means method was applied for the discrimination of the canteen consumption data of the college students in Guangdong province, China. Results show that the most optimal broad learning architecture is structured with 14 hidden nodes, the model training and testing results are appreciating. The results indicated that the framework was feasible to classify the students into different economic levels by analyzing their canteen consumption data, so that we are able to distinguish the students who are in need for financial aid.