LIC Golden Jubilee Scholarship- LIC (Life Insurance Corporation of India) has launched the LIC Golden Jubilee Scholarship programme to assist students from low-income families in pursuing higher education, recognising the importance of education in building a strong and successful society.
The LIC Golden Jubilee Scholarship Scheme 2024 is a fantastic opportunity for students from low-income families to receive financial assistance for their studies. LIC (Life Insurance Corporation of India) established this scheme to assist students who want to pursue higher education but face financial constraints.
LIC Golden Jubilee Scholarship 2025 Summarizing The key Information
Aspect | Details |
Scholarship Name | LIC Golden Jubilee Scholarship |
Objective | To support bright students from low-income families for higher education in fields like Medicine, Engineering, Arts, Commerce, etc. |
Scholarship Amount | ₹20,000 to ₹40,000 per year |
Disbursement | Amount paid in two installments every year |
Renewal | Renewable for up to 2 years, based on academic performance |
Eligibility Criteria | – Minimum 60% in Class 10th and 12th. – Family income ≤ ₹1,00,000 per year. – Enrolled in a recognized school, college, or university. |
Priority | Students from financially weaker backgrounds are prioritized |
Other Requirements | – Not eligible if already receiving another scholarship. – Must provide income certificate, marksheet, and other documents. |
Application Process | 1. Visit the official LIC website. 2. Sign up and fill in the form. 3. Upload required documents. 4. Submit application. 5. Check application status. |
Important Documents | – Aadhaar Card – Income Certificate – Marksheet of last exam – Bank Account details – Passport-sized photograph |
Start Date | Already open |
End Date | December 22, 2024 |
Scholarship Disbursement | After academic details are approved |
Renewal Requirements | Submit annual progress reports and marks |
Benefits | – Financial support for education. – Easy online application process. – Direct bank transfer of funds. – Helps students from low-income families. |
This table provides a quick and easy reference for all the essential details about the LIC Golden Jubilee Scholarship 2024.
LIC Golden Jubilee Scholarship 2025
The Life Insurance Corporation of India (LIC), a public sector life insurance company owned by the Government of India, is offering the LIC Golden Jubilee Scholarship 2024-25 to students from economically disadvantaged backgrounds who have completed Class 10 and 12.
Selected candidates will receive up to ₹40,000 annually. The best part is that the application process is entirely online, making it extremely simple and convenient. Let me break it down for you step by step, so you can understand how to apply and benefit from this. The Life Insurance Corporation of India (LIC) is a public sector life insurance corporation controlled by the Government of India.
About LIC Golden Jubilee Scholarship
The LIC Golden Jubilee Scholarship enables low-income students to pursue their education without financial constraints. It’s all about providing them with the financial resources they need to pursue their higher education goals. The LIC Golden Jubilee Foundation administers this scholarship, which strives to improve poor communities by increasing access to education for those in most need.
Key Features of the Scholarship
The LIC Golden Jubilee Scholarship offers the following advantages:
- Expect to earn between ₹20,000 and ₹40,000 annually.
- The money is transferred directly to your bank account in two installments.
- It is valid for up to two years and can be renewed if you perform well academically.
- Students in the disciplines of medicine, engineering, arts, commerce, and more.
Objectives of the LIC Golden Jubilee Scholarship
The LIC Golden Jubilee Scholarship aims to achieve basic yet significant goals:
- It encourages kids to keep learning and aiming for larger goals.
- It enables students from low-income families to pursue an education without financial barriers.
- Supporting education prepares students for better careers and a brighter future.
- More educated people create stronger, smarter communities..
Eligibility Criteria
Here’s how to apply for the LIC Golden Jubilee Scholarship 2024.
- Your Marks: You must have obtained at least 60% in Class 10 and 12. You should have passed your last exam within the previous two years.
- Family Income: Your family’s total year expense must be ₹1,00,000 or less. You’ll need to provide an income statement or proof during the application.
- Where You Study: You must be attending a recognized school, college, or university. This comprises engineering, medical, vocational, or professional programmes.
- Other Important Points: Priority is given to students from financially disadvantaged backgrounds. If you are already receiving another scholarship, you cannot apply for this one. If you meet the following requirements, you are eligible!
How to Apply for the LIC Golden Jubilee Scholarship?
To apply for the LIC Golden Jubilee Scholarship 2025, follow these simple steps:
- Go to the LIC website. Start by visiting the official LIC website.
- Signing up: Create an account with your email address and set a password.
- Fill out the form. Enter your information, such as name, address, and phone number.
- Add your academic info, including marks and school/college details.
- Upload Documents: Be sure to have these ready: Aadhaar Card, Income Certificate, Marksheet from your last exam, Bank account details, A recent passport-sized photo.
- Submit the form: Please double-check everything before submitting. Save or print a copy for your own records.
- Check your status: Check in from time to time to see if your application was approved.
Important Dates
Here are the essential dates for the LIC Golden Jubilee Scholarship 2024:
- Application Start Date: It is already open, therefore you can apply now.
- Application deadline: December 22, 2024.
- Scholarship Disbursement: The scholarship money will be issued after your academic information is accepted.
LIC Golden Jubilee Scholarship Amount & Distribution
The programme gives you ₹20,000 to ₹40,000 every year to help with your education. The amount is sent directly to your bank profile in two parts.
To Keep Getting the Scholarship:
- You must do well in your academics.
- Every year, you will be required to submit your marks and progress reports to demonstrate that you are performing well.
Some Benefits of the Scholarship
The LIC Golden Jubilee Scholarship supports students with huge goals but little financial resources. Here’s what makes it so useful:
- Helps Those in Need: Students from low-income families are given special priority.
- Financial Support: If you truly deserve it, it helps cover your educational costs.
- Easy to Apply: The entire application process is online, making it simple and accessible for everyone.
- Direct Bank Transfer: The scholarship money goes directly to your bank account, making it safe and easy.
LIC Golden Jubilee Scholarship 2025 FAQ’S
Who is eligible to apply for the Golden Jubilee Scholarship offered by LIC?
Students from families earning ₹1,00,000 or less annually who have achieved at least 60% in Class 10 and 12 are eligible.
Are all streams of students eligible to apply?
Yes, students may apply from any recognised stream, including professional courses, science, arts, and commerce.
When is the application deadline?
The scholarship application deadline is December 22, 2024.
Is it possible to apply online?
Yes, everything is done online. To apply, go to the LIC website.
Are other scholarship recipients eligible to apply?
No, this programme is not available to students who are already receiving other scholarships.
How does the scholarship money get allocated?
The student receives the money straight into their bank account in two installments.