IS YOUR CAT SCORE ENOUGH TO FETCH YOU A SCHOLARSHIP?
With examinations come results but with results come achievements, awards, and allocations. We all have been through these visuals of receiving scholarships and awards for scoring high grades! But have you ever thought whether is this possible with respect to an examination like CAT? Well, a lot of you may not know this and a lot of you may be confused but the answer is YES. Yes, you can receive a scholarship based on your CAT Score. However, that does not mean students receive scholarships on any score. Learn more… Every institute has a score threshold which you must cross to get the scholarship. You should know the score you will need to fetch yourself a scholarship.
What score in CAT is actually a good score?
A lot of you who are appearing for CAT or have already appeared for CAT know this that you need to get a minimum of a 90 to 95 percentile to increase your chances of a seat in the IIM’s. Now you need at the least of 120 marks or a score of 120 to get a 90 percentile or to be above 90 percent of the candidates appearing for CAT. In case you are wishing to secure a seat in the top three IIM’s or in that case Indian Institute of Management Ahmedabad, Indian Institute of Management Bangalore and Indian Institute of Management Calcutta then you need a minimum of a 99 percentile to increase your chances for securing a seat.
Also, it is not only about your total percentile but also about your individual scores which should be high enough to make the cut. If you have a minimum score of 80 in Verbal Ability and Reading Comprehension (VARC), 80 to 85 in Quantitative Analysis and 55 to 56 in Data Interpretation and Logical Reasoning (DILR) then too your chances to the IIM’s increase. This score also ultimately leads you to an overall of about 200 which is high enough for a CAT and can easily fetch you a 99 percentile in CAT.
SCHOLARSHIPS BY VARIOUS ELITE INSTITUTIONS OF THE COUNTRY
Indian Institute of Management Ahmedabad:
Indian Institute of Management Ahmedabad provides scholarships to students whose annual income is extremely less or weak. Government of India Merit-cum-Means Scholarships are given both in the first and second year, to a maximum of 25% of students each year. However, there are certain limitations here too.
Lovely Professional University:
Lovely Professional University usually provides scholarships based on your extra-curricular achievements in fields of sports, cultural and so on.
Indian Institute Of Management Bangalore :
- Aditya Birla Scholarship is a merit-based scholarship which is awarded to meritorious students and goes up to Rs 1.80 lakhs.
- OSCAR Scholarship or Ocwen Scholarship for Competence in Academics and Research is awarded to only one student. It amounts to Rs 1.80 Lakhs.
- O P Jindal Group awards meritorious students a scholarship worth Rs 1.25 lakhs.
- Rajesh Kaushik Memorial Scholarship is awarded to meritorious students holding a good CAT Score amounting to Rs 1.5 Lakhs.
Amity Business School:
- Amity Business School offers one of the best scholarships which is divided into two: 100% fee waiver off and 50% fee waiver off or scholarship.
- They offer a 100% scholarship to students who secure a percentage close to 93% in class 12th and about 80% in graduation.
- The institute provides 50% scholarship to students who secure about 88% in class 12th and about 75% marks in graduation.
Indian School of Business Hyderabad:
Indian School of Business ISB provides you a scholarship if you live up to the expectations of the institution. In case you actually set the standards of the university higher than it actually is then the university may award you a 100% scholarship.
Indian Institute of Management Lucknow:
Indian Institute of Management Lucknow awards scholarships to students who have a low annual income. Also, they provide scholarships on merit basis of Rs 2200 to only 25% of students, however, having certain limitations of its own.
T.A. Pai Management Institute Manipal:
T.A. Pai Management Institute Manipal awards a scholarship of about Rs 1 Lakh to students who secure above 99 percentile in CAT.
Indus Business Academy Bangalore:
- Indus Business Academy provides a scholarship of Rs 30,000 to students who fulfil certain conditions such as an aggregate of 80% in Class 10th, Class 12th, and Graduation or have secured above 80 percentile in CAT. This means a significantly high CAT Score.
- The institute provides a scholarship of Rs 40,000 to students who secure above 90 percentile in CAT.
Jaipuria Institute Of Management, Lucknow:
Jaipuria Institute Of Management Lucknow provides you scholarship on the basis of the examination through which you have taken admission Following the second year, the institute awards scholarships to the students who secure the first three positions.
SRM School Of Management:
- In case you are a state rank holder in school finals then SRM School of Management provides you a Scholarship. SRM School of Management not only provides you a full 100% scholarship but also a stipend of Rs. 1000 per month and a full scholarship on hostel fees.
- The other scholarship includes a merit-based scholarship involving students who secure above 95% in State board examinations or CBSE Examination. Such students usually secure a 50% scholarship based on these criteria.
However, it is quite essential to note that you need to obtain high scores not only in CAT but also in your qualifying examinations. Also your 10th and 12th-grade examinations. You need to secure a high percentage somewhere above 90% in both class 10th and 12th to be eligible for such scholarships. Also, securing above 90 percentile in CAT will land you a good scholarship. If you are someone willing to obtain a scholarship based on CAT, then you must be sure of your preparation sorted for CAT. You need to score above 99 percentile. And for that, you need to have good practice in all sections of CAT. Also, you should solve as many mock papers and tests as possible to be fully prepped for the examination.
