Merit list is prepared at every level of Bhartiya Sanskriti Gyan Pariksha. On the basis of this list, students are honoured and rewarded. The prize money varies for different classes and different levels. This prize (cash/literature) and certificate is given to encourage them. They should be inspired to live a Sanskrit based life, keep contributing more and more in cultural activities, so that good people, family and nation are built. This prize money is given on the participation of minimum fifty thousand students at the state level, minimum five thousand at the district level and minimum one thousand students at the tehsil level. College level prize money is given on the participation of minimum one thousand students at the district level and minimum ten thousand students at the state level.
The prize money is as follows-
1. Tehsil level
The Tehsil level merit list is for students of class 5 to 12. The prize money for which is Rs. 350 for first, Rs. 250 for second and Rs. 150 for third as honor/incentive.
2. District level
The prize money for students of class 5 to 12 is Rs. 700 for first, Rs. 500 for second and Rs. 400 for third and in college, the prize money is Rs. 1000 for first, Rs. 700 for second and Rs. 500 for third respectively. It is given to the co-honor students in the prize distribution ceremonies.
3. State level
The prize money for the students of class 5th to 12th in the state level merit list is Rs. 3000 for first, Rs. 2000 for second and Rs. 1500 for third and in college, Rs. 3500 for first, Rs. 2000 for second and Rs. 1500 for third respectively. These prizes are given to the co-honorary students in the prize distribution ceremonies.
4. National level
In future, the national level merit list will also be released and on that basis, the arrangement for national level merit award will be made.