After qualifying LPUNEST Exam, you have two options: one is to get admission in LPU with a great scholarship (on the basis of your rank in LPUNEST) and the other is to get Scholarship (Cash Prize) to study in other institutes (mentioned on LPU's website).

When the result are declared of LPUNEST, you will get to know about your rank in the LPUNEST exam. Then after the admission process is done in NIFT's (or other institutes like NITs, IITs, etc), they will select the top 10 candidates from all  NIFTs who have appeared for LPUNEST and those students will get scholarship.

For this, In the month of August, LPU releases a form to all the LPUNEST qualifiers to provide your Institutes details, documents, Bank Account Details, etc.

From all those, top 10 LPUNEST Qualifiers in each institute receives scholarship directly in their bank account after the verification of the submitted documents is done.