Giggs was appointed United interim manager following the sacking of David Moyes on Tuesday.
The Welshman installed Nicky Butt and Phil Neville as first-team coaches, and it has now emerged that Scholes has returned to the club to assist his former team-mate.
Giggs, Neville, Scholes and Butt are all graduates of the famed 'Class of '92' which helped bring the club much of the success they enjoyed under Sir Alex Ferguson.
Scholes coached at the club for six months when he first retired from the playing staff in 2011.
Ferguson managed to persuade the midfielder to come out of retirement the following year and he then hung up his boots for good last summer after Ferguson left.
Moyes tried to persuade Scholes to join his backroom staff at the start of the season, but he failed.
The former United midfielder, who has 11 Premier League winner's medals to his name, has spent his time out of the game pursuing various projects.
He was part of a consortium, along with Giggs, Butt Gary Neville and his brother Phil, that bought Salford City FC. Scholes has also appeared as a TV pundit during his time away from United.
The United board hope Giggs and his staff can restore some pride after a woeful season under Moyes.
KC UMEOKAFOR
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