Education is highly prized in Cherpunkal, reflecting the broader cultural values of Kerala. The village is home to respected institutions that attract students from across the region:
* **BVM Holy Cross College:** A prominent arts and science college offering a variety of undergraduate and postgraduate courses. * **Holy Cross Higher Secondary School:** Providing high-quality primary and secondary education to local children under the Kerala State Syllabus. * **Nearby Medical Institutions:** While just outside the village boundaries in nearby Palai, institutions like the Mar Sleeva Medicity and its associated nursing colleges provide advanced medical education and world-class healthcare to the residents of Cherpunkal.