Hello Sakshi,

SAT exam is conducted by the College Board to test the candidate's knowledge of reading, writing and quantitative aptitude along with certain subjects. The exam is conducted for candidates who are interested in studying in universities in USA and some other countries. SAT tests are of two types - SAT Reasoning Test and SAT Subject Test. 

As for your question, if you pass the SAT exam, the college that you are admitted in will give you all the facilities that it gives to any other students. As for fee, some colleges offer scholarships or fee waivers on the basis of the scores in the exam, else you will have to pay the full fee as prescribed by the college.

For more information, follow the below link:

Https://studyabroad.careers360.com/articles/sat