Terms & Conditions for cash awards based on NSAT Rank 1 to 20

1. • National Top-20 Rank Holders of each class will be given Cash prize ONLY IF they attend the topper ceremony function of NSAT 2024.
   • Cash reward is transferred only in (Nationalised Bank) student accounts or joint accounts with parents (mother or father) through NEFT.

Terms & Conditions for cash awards based on NSAT Rank 21 to 250

1. 1. ENTITLEMENT ELIGIBILITY TO RECEIVE THE CASH PRIZE
   • Winner of the cash prize will be entitled to receive the prize only if he/she takes admission at Narayana Coaching Centre in a yearlong classroom course of academic session 2025-26.
   • The last date to take admission at Narayana Coaching Centre to receive the cash award shall be 31st December 2024, after which the cash award will not be valid.
   • Narayana School students are not eligible for cash awards.
2. 2. DISBURSEMENT OF CASH PRIZE
   • The cash award amount will be disbursed in four equal installments as per the dates of Narayana Coaching center fee installment of session 2025-26.
   • 1^st Installment date: April 1^st, 2025, 2^nd Installment date: July 1^st, 2025, 3^rd Instalment date: October 1^st, 2025, and 4^th Instalment date: January 1^st, 2026.
3. 3. TIE BREAKER
   • In case of more than one participating student secure equal aggregate marks then the higher Rank shall be given by comparing scores individually in the subjects in decreasing priority order of Mathematics, Physics, Chemistry and Biology.
   • For class VII to X, if individual subject scores are equal then the Mental Ability score shall be compared. If still all the scores are equal, then the entitled cash prize on a rank will be divided equally among all same rank holders.
   • For class XI, if individual subject scores are equal then the entitled cash prize on a rank will be divided equally among all same rank holders.
   • In case of multiple students on same rank, the further rank will be given after omitting the number of ranks equal to number of students on same rank e.g. If on Rank-1 two students are there, then the next merit holder will be given Rank- 3.
4. 5. NON-TRANSFERABILITY OF PRIZES
   • All the prizes are non-transferable in terms of person or prize title.
5. 6. DISBURSED IN STUDENT’S PERSONAL BANK ACCOUNT
   • The amount of cash prize will be deposited directly in the bank account of rank holder student

Note : Cash rewards are only available for students who participate in offline NSAT 2024.

• For online NSAT writing students, scholarships will be up to 70%. To avail better scholarships, online students will have to undergo one round of interviews
• Scholarship are applicable to NARAYANA Coaching Centre yearlong classroom course of session 2025-26
• Students who are already enrolled at a committed fee in a classroom course at Narayana Coaching centre continuing for academic session 2025-26 are not eligible for scholarship
• Narayana School students are not eligible for scholarship
• Terms & conditions of Fee and Admission will be as per the Narayana Coaching Center admission policy of session 2025-26
• NSAT 2024 scholarship will be valid only till 15 January 2025. Students taking admission in NARAYANA Classroom course after 15 January will not be eligible for NSAT 2024 scholarships.
• NSAT 2024 Scholarship percentages may vary depending on the location and centre.