I know in and out of scholarship at BITs. You can definitely study and do well with that.
But you can not go for a branded jeans/shirts, girfriend, do not take any offers after engg. and then go for iim-a. And again do not accpet offer and say that I do not have any money! That is ridiculous.
As it has been said by someone this is catering sense for business. He has done it with one engg college (and nothing wrong with that).
But what is funny is he is crying for being poor, penniless, tough life et al.