SAT is a standardized test administered by the College Board and is required to be taken by students seeking admission to undergraduate schools. SAT exam has been developed to evaluate the written, verbal and mathematical skills of the candidates. Applicants aspire to pursue undergraduate courses, particularly in the US and Canada, are required to take the SAT exam. Most of the colleges in the US require SAT for admission to the undergraduate courses. Apart from this, many schools also offer SAT scholarship money to students based on their SAT results.