Dear Harsh, BITS offers scholarships based on Merit basis and Merit cum Need basis. Students whi have scored top positiin in their 12th in their respective boards are given scholarships. Students who have scored more than 95% or above aggregate in the qualifying examination are given a scholarship of 40% of the first semester tution fees. So you will come under this category. If you choose to live in the hostel campus, you are also eligible for 25% concession.