LIC Golden Jubilee Scholarship : Read Eligibility, Benefits & Application Process

The Life Insurance Corporation of India, a state-owned insurance group and investment organization in India is providing financial support for deserving students from economically disadvantaged areas who want to continue higher education through the LIC Golden Jubilee Scholarship 2024. The chosen applicants would get up to Rs.40,000 annually. In this post you get every necessary information regarding this scheme such as objective, overview, benefits, eligibility criteria, required documents and how to apply.

LIC Golden Jubilee Scholarship

The LIC Golden Jubilee Scholarship 2024, which was introduced by the Life Insurance Corporation of India, includes scholarships of between 15,000 and 40,000 rupees. Students in the economically disadvantaged section (EWS) must have completed class 12 in the academic year 2023-24 and passed the intermediate test with at least 60% of the possible points to be eligible for scholarships under this program.

Candidates who have passed the 10th class examination (or its equivalent) with at least 60% marks (or comparable grade) in the academic year 2023-24 will be eligible to receive the benefits of the LIC Scholarship 2024 Scheme if they choose to enroll in a technical training institute following high school. Additionally, they have until 14 January 2024 to apply online for scholarships for higher education. The deadline for submitting an application to be eligible for this LIC scholarship is 14 January 2024.

Overview Of LIC Golden Jubilee Scholarship

Name of the scholarship	LIC Golden Jubilee Scholarship
Launched by	Life Insurance Corporation of India
Beneficiaries	10th and 12th class students
Objective	To provide scholarship
Official website	licindia.in

Objective Of LIC Golden Jubilee Scholarship

The main objective of this scholarship is to boost the career opportunities of deserving students from economically disadvantaged households by offering scholarships. This will enable the students to pursue further education and improve their chances of finding work. The goal of the scholarship is to develop education for deserving students and move the country ahead.

Benefits Of LIC Golden Jubilee Scholarship

• Under this scheme, a scholar who is chosen for scholarship would receive Rs 20,000 a year. The students will get the money in installments every three months.
• Each chosen Regular Special Girl Child enrolled in a 10+2 course will get a scholarship of Rs.10,000, which will be paid out in three quarterly payments.
• Through NEFT, the scholarship awarded to the chosen student under the LIC Scholarship 2024 would be deposited into the beneficiary’s bank account.
• Therefore, if an applicant from the economically disadvantaged segment is chosen for the scholarship, a copy of the cancelled check together with the beneficiary’s name, bank account information and IFSC code is required.

Eligibility Criteria

• The applicant must live in india.
• Applicants for the scholarship must have finished their class 12 education with a 60% grade point average.
• Girls who passed their 10th grade exams and are continuing their school can apply for the scholarship.
• A family income certificate is required for applicants seeking scholarships and the candidate’s monthly family income cannot exceed Rs.1,00,000.
• To be eligible for the award, applicants must have earned at least 60% in their 12th grade.
• You can apply if you wish to study any topic at any private institution for a diploma, ITI, graduation or post graduation.

Required Documents

• Passport size photograph
• Aadhaar card
• Identity card
• Educational qualification documents
• Bank account details
• I certificate
• Mobile number

How To Apply Online LIC Golden Jubilee Scholarship Procedure

• First you have to visit the Official Website of the scholarship.

• The homepage will appear on your screen.
• Click on the LIC Golden Jubilee Scholarship Apply Online option.
• The application form will appear on your screen.
• Enter all the required details in the form.
• You have to upload all the necessary documents.
• Click on the submit button.
• Your registered email ID will get an acknowledgement number upon the successful submission of your application.
• The office listed in the acknowledgement email will be handling any additional correspondence.

FAQ’s