LIC Golden Jubilee Scholarship 2024: Application Form, Eligibility, Last Date

LIC Golden Jubilee Scholarship:- On the occasion of its golden jubilee, the Life Insurance Corporation of India (LIC) has launched a special scholarship program. Meritorious students from economically disadvantaged sections of society will be eligible for financial help under this distinguished scheme. We’ve included some of the most significant details about the LIC Golden Jubilee Scholarship 2024 below. We will also provide our readers with step-by-step instructions on how to complete the application form for this renowned scholarship, as well as information on the deadline for applying for this distinguished opportunity.

LIC Golden Jubilee Scholarship

LIC Golden Jubilee Scholarship 2024

The LIC organization has established the LIC Golden Jubilee Scholarship for people from economically disadvantaged backgrounds who are unable to complete their studies owing to unforeseen circumstances. You may easily apply for this scholarship by visiting the Life Insurance Corporation of India’s official website and filling out the application form there. To be considered for this distinguished scholarship program, you must submit all required documentation with your application form.

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LIC Golden Jubilee Scholarship Details

NameLIC Golden Jubilee Scholarship 2024
Launched byLife Insurance Corporation of India
ObjectivesProviding scholarship
BeneficiariesStudents of India
Official Sitehttps://licindia.in/

LIC Golden Jubilee Scholarship Announcement

The online submission of the application form for the scholarship has begun, according to the most recent information given by the relevant organization. Applicants can apply for the scholarship on the scholarship program’s official website. The deadline to apply for the scholarship is December 31, 2022.

This scholarship program provides monetary assistance to economically disadvantaged members of society who wish to pursue higher education. The official notification issued by the scholarship authorities contains additional information about the award scheme.

LIC Golden Jubilee Scholarship Objectives

Students from low-income families will benefit from the program since it will provide them with more possibilities to start their professions and improve their abilities. The initiative will benefit the economically disadvantaged and offer work for them. Students will have improved possibilities for further education. The scholarship will be given to students who excel in their studies at all of India’s colleges and universities.

It will also encompass technical and vocational courses at the graduate level offered by Industrial Training Institutes/Industrial Training Centres connected with the National Council for Vocational Training.

LIC Golden Jubilee Scholarship Benefits

The scholarship will be given to students who are enrolled in government and private colleges and universities in India so that they can pursue higher education without having to worry about the financial burden that their families will bear in order for them to begin their careers. Students would be able to receive Rupees 20,000 per month, which will be paid in three installments. This award will benefit female students, as well as special youngsters, who will be given greater possibilities to begin their careers in India.

National Scholarship Portal

Important Date

  • The last date to apply for the scholarship program is 31st December 2022

LIC Golden Jubilee Scholarship Eligibility Criteria

To apply for this plan, you must meet the following requirements:-

  • All candidates who passed the Class X and Class XII exams (or similar) in the Academic Year 2018-19 with at least 60% marks (or comparable grade).
  • Parents/guardians of applicants who earn less than Rs.2,00,000 per year (from all sources) are eligible to apply for a scholarship.
  • Girls who received at least 60 percent (or comparable grade) on their Class X exam (or equivalent) are eligible.
  • Any erroneous information given by the candidates may result in their scholarships being canceled.
  • Only those who want to continue their education are eligible to apply for the scholarship.
  • Applicants who want to study in a private college for a diploma, ITI, graduate, or postgraduate degree in any discipline are eligible to apply.
  • Renewal of the LIC Golden Jubilee Scholarship is needed.
  • The LIC Golden Jubilee Scholarship Foundation reserves the right to alter the program at any time.
  • Regular scholarships should only be given to students who are pursuing a bachelor’s degree (or its equivalent). This scholarship is not intended for post-secondary education.

Details on the LIC Golden Jubilee Scholarship

  • Candidates who apply for this distinguished scholarship will be eligible for the following benefits:
  • The selected Regular Scholar would get a stipend of Rs.20,000/- each year, payable in three quarterly installments.
  • Selected Special Girl Children pursuing education in the 10 + 2 Course will be awarded a scholarship of Rs.10,000 per year, payable in three quarterly installments.
  • The scholarship will be awarded for the duration of the course for Regular Scholars and two years for Special Girl Scholars provided that the candidate meets the qualifying requirements for renewal.

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Documents Needed

Following are the documents that applicants must submit while applying for this scheme:-

  • Aadhar Card
  • Identity Card
  • Passport size photo
  • Educational qualification document
  • Bank account passbook
  • Mobile Number
  • Income Certificate

LIC Golden Jubilee Scholarship Selection Process

The LIC Golden Jubilee Scholarship will provide students with various amounts of scholarship help. Students will be chosen for this scholarship program based on merit and family histories, such as percentage of marks in class 12th/10th and family annual income. In ascending order, the student with the lowest annual income will be given priority.

How to Apply for LIC Golden Jubilee Scholarship

We must follow the simple steps outlined below to apply for this scholarship:

  • To begin, go to the official website by clicking on the link provided here.
  • The LIC organization’s homepage will appear on your screen.
LIC Golden Jubilee Scholarship
  • You must go to the home page and select the LIC Golden Jubilee Scholarship Apply Online option.
  • On your screen, the application form will appear.
  • Complete the application form with all of your information.
  • You must fill out all of your personal information as well as information on your education.
  • Complete the application form and upload all of your supporting documents.
  • You must keep their acknowledgment number, which will be provided to your registered email, safe and secure.

Terms And Conditions

To be considered for this scholarship, the applicant must meet the following requirements: –

  • Candidates will be selected solely on the basis of their qualifications (percentage of marks in class 10th and 12th and family background). Students with the lowest annual family income are given priority in ascending order of income.
  • To keep the scholarship for the following year, students must score better than 50 percent in graduate courses in Science/Commerce/Arts and 55 percent in academic disciplines or corresponding rank in the program’s final review.
  • Only one nominee per family is eligible for a scholarship.
  • To keep the scholarship, the candidate must attend classes on a regular basis.
  • The award may be canceled or rescinded if an applicant violates specific terms and conditions.
  • The scholarship will be promptly canceled at the discretion of the LIC Divisional Administration. If the candidate is proven to have earned the scholarship through false statements/certificates, the balance of the grant will be refunded.
  • The LIC Golden Jubilee Foundation (LICGJF) will take the lead in building a complete system for collecting and authorizing LIC scholarships for shortlisted candidates.
  • The system will be evaluated by the LICGJF on a regular basis.
  • The regulations may be changed at any time at the discretion of the LIC Golden Jubilee Foundation Board of Trustees.

LIC Golden Jubilee Scholarship Results

The scholarship gives financial assistance to students. The applicant must go to the scholarship scheme’s official website and apply there. The review of applications has begun, as the deadline for scholarship submissions was December 31, 2021. The outcomes of the scholarship will be revealed by the responsible authority once the applications have been thoroughly scrutinized. Applicants can acquire more information about their findings by visiting the scholarship program’s official website.

Important Links

Submit Feedback

  • To begin, go to the official website by clicking on the link provided here.
  • The LIC organization’s homepage will appear on your screen.
  • Now, scroll down the page and click on the feedback option.
  • A new feedback form will appear on the screen where you have to select the feedback type as suggestion or appreciation.
Submit Feedback
  • After that select the feedback group and enter the further details in the application form.
  • Upload the relevant file if you have any.
  • Now click on the submit option.

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