LIC Golden Jubilee Scholarship:- The Life Insurance Corporation of India launched the LIC Golden Jubilee Scholarship to give students from the nation’s economically disadvantaged regions access to higher education. After completing their 12th grade, deserving students would be eligible to apply for scholarships from Life Insurance Corporation India to continue their studies. The LIC Golden Jubilee Scholarship 2024 Scheme would choose students based on their percentage of class 10 and class 12 marks.
LIC Golden Jubilee Scholarship 2024
To be eligible for scholarships under this program, students in the Economically Weaker Section (EWS) must have completed the Intermediate test in the academic year 2023–2024 with a minimum score of 60%. Applicants who have finished the 10th grade with at least 60% marks (or an equivalent grade) in the academic year 2023–24 are eligible to receive the benefits of the LIC Scholarship 2024 Scheme if they plan to enroll in any industrial training facility following high school. Candidates who have passed their tenth class with at least 60% of the possible points in the academic year 2023–2024 must have passed the class test or its equivalent.
LIC Golden Jubilee Scholarship Highlights
| Name of the Scheme | LIC Golden Jubilee Scholarship |
| Started by | By Life Insurance Corporation of India |
| Beneficiary | 10th, 12th class students |
| Objective | Awarding scholarships |
| Official website | https://www.licindia.in/Home |
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Last date to apply for LIC Golden Jubilee Scholarship is 14 January 2024
Benefits for scholarship recipients under the Life Insurance Corporation of India’s LIC Golden Jubilee Scholarship 2024 range from Rs 15 thousand to Rs 40 thousand. All pupils who achieved a grade point average of above 60% in their 12th grade year. Additionally, you have until January 14, 2024, to apply online for scholarships for higher education. The deadline for applying to be eligible for this LIC scholarship is January 14, 2024. Applications submitted after the deadline will not be accepted. Students can therefore use the online application method to apply for scholarships as soon as possible.
The objective of the LIC Golden Jubilee Scholarship
As you are aware, there are a lot of students in the nation who would like to pursue higher education but are unable to do so because of their financial situation. Amid all of these issues, the Life Insurance Corporation of India has launched the LIC Scholarship Scheme 2024 for its students. This program aims to promote the employability of economically disadvantaged students by offering scholarships to deserving students from such backgrounds, giving them greater access to higher education and improving their prospects for employment. Through the Golden Jubilee Scholarship Programme, our LIC hopes to advance the education of deserving students and move the nation forward.
LIC Golden Jubilee Scholarship Scheme for Special Girl Child
The goal of the LIC Golden Jubilee Scholarship Scheme for Special Girl Children is to inspire girls to seek higher education. Under this initiative, a girl kid who qualifies will get ₹ 10,000 in three installments over two years. After the girl passes class 10, this sum will be given to classes 11 and 12. Under this initiative, females who have completed their 10th grade with 60% or above and whose parents earn ₹200000 or less annually are eligible to apply.
Key Facts of LIC Golden Jubilee Scholarship 2024
- Regular scholars who qualify for this program will get Rs. 20,000 annually in scholarships. Students will get this award in installments every three months.
- Each year, a scholarship worth Rs 10,000 will be awarded to a regular special girl child who is enrolled in a 10+2 course. The scholarship would be paid out in three equal installments.
- Through NEFT, the scholarship awarded to the chosen student under the LIC Scholarship 2024 would be deposited into the beneficiary’s bank account.
- Therefore, bank account information and a copy of the canceled check with the beneficiary’s name and IFSC code are required if a candidate from the economically disadvantaged segment is chosen for the scholarship.
- Students nationwide have until December 18, 2024, to submit an online application for the LIC Golden Jubilee Scholarship.
Conditions for availing LIC Golden Jubilee Scholarship
- At regular periods, LICGJF will assess the plan.
- The LIC Golden Jubilee Foundation shall set the specific process for handling and approving scholarship applications.
- The agency may alter the scheme’s guidelines at any moment.
- Any student who has received a scholarship by providing false information will have it revoked and their money refunded.
- Scholarship recipients risk having their awards revoked or suspended if they break any of the eligibility requirements.
- The learner ought to routinely attend class.
- A family will only be able to use this program for one student.
- The student must receive at least 50% in the arts, sciences, and commerce, and at least 55% in the professional stream.
- The LIC Merit and family history will be taken into consideration while choosing the scholars.
- Students with the lowest incomes will be given priority.
- Students who received 60% or above in the previous final exam and whose parents or guardians make ₹200000 or less annually overall will be the only ones eligible for this initiative.
Benefits of the LIC Golden Jubilee Scholarship
- The LIC Golden Jubilee Scholarship recipients will receive financial aid.
- This award will motivate the students to put more effort into their academics.
- Financially disadvantaged students will benefit from this scholarship, enabling them to pursue their studies without fear of running out of money.
- The students can fulfill their aspirations and pursue jobs in the medical and engineering fields with the support of this scholarship.
- India’s educational rate will rise as a result of this scholarship.
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Eligibility Criteria
To apply for the LIC scholarship program and prevent the application from being canceled, candidates must meet the qualifying requirements listed below:
| Class 10 | Class 12 |
| In the academic year 2022–2023, candidates must have passed the intermediate test with at least 60% of the possible points or equivalent grades. | Applicants must have completed the higher secondary test in the academic year 2022–2023 with at least 60% of the possible points or equivalent grades. |
| They have to be open to pursuing postsecondary education in the form of Industrial Training Institute (ITI) courses or Vocational Courses through colleges and institutions recognised by the government. | The fields in which they should be pursuing higher education are medicine, engineering, diploma programs in any discipline, integrated courses, graduation programs in any discipline, vocational programs, and courses offered by government-approved colleges and institutes or industrial training institutes (ITIs). |
| The candidate’s parent(s)’ total annual income (from all sources) cannot be more than ₹2,50,000. | |
Reward Details
- Students who want to study medicine will receive INR 40,000 in financial aid each year.
- Students who want to study engineering will receive INR 30,000 in financial aid annually.
- Students will receive financial help of INR 20,000 if they are pursuing a diploma in any vocational course or a standard degree course, such as BA, BCOM, or BSC.
- Special Scholarship for Girl Child will provide INR 15,000 per year for two years of upper secondary education (HSC, Diploma, or Intermediate under the 10+2 pattern).
Required Documents
- Passport-sized photograph.
- Signature.
- Birth Certificate.
- Caste Certificate.
- Family Income Certificate.
- Address Proof.
- Previous Exam Marksheet.
- Selection Process
How can I apply for the LIC Golden Jubilee Scholarship online?
Applying under this scholarship program requires interested beneficiaries to follow the steps outlined below.
- Before anything else, the applicant must visit the LIC Golden Jubilee Scholarship official website. You will see the home page after accessing the official website.
- This homepage has the LIC Golden Jubilee scholarship option. Press the Apply Online icon.
- The application form will open once you click on the choice. Click the “Submit” button after completing the application form with all the requested information.
- You’ll need to upload your papers after submitting them. You will receive an acknowledgment number via your registered email address upon the successful submission of your application form.
- The office listed in the acknowledgment email will handle any additional correspondence.
Selection Process
- The selection of the candidate will be contingent upon meeting the eligibility requirements.
- To be considered for the scholarship, the applicant must complete the application form by the deadline.
- To be considered for the scholarship, the student must accurately complete the application form with the necessary information.
- When completing the application, the candidate must have all the necessary paperwork.
- To be eligible for the scholarship, The Legend must continue his studies in engineering or medicine.
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FAQs
Q.) What are the LIC Golden Jubilee Scholarship application fees?
Ans. Applying for the LIC Golden Jubilee Scholarship is free of charge.
Q.) Are female students eligible for any specific scholarships?
Ans. The LIC has indeed opened up the Special Girl Child Scholarship to Indian female students.
Q.) Should I get in touch with you if I’m having problems applying for the LIC Golden Jubilee scholarship?
Ans. Call us at +91-22-68276827 if you need assistance applying for the LIC Golden Jubilee scholarship.
Q.) To what extent will students pursuing a medical degree receive financial assistance?
Ans. Students who want to study medicine will receive INR 40,000 in financial aid each year.
@Saras