LlC GOLDEN JUBILEE SCHOLARSHIP 2024

LIC GOLDEN JUBILEE SCHOLARSHIP 2024. life Insurance Corporation of india has launched scholarship FOR STUDENTS
BELONGING TO THE ECONOMICALLY WEAKER SECTIONS, FOR PURSUING
HIGHER STUDIES.

lic golden jubilee scholarhip

LIC golden jubilee scholarship 2024

The objective of the scheme is to award scholarships to meritorious students
belonging to Economically Weaker Sections, so as to provide them with better
opportunities for higher education and employment.

There are two Categories of this Scholarship

  1. Scholarship For General Students ( boys , Girls pursuing ) Graduation
  2. Scholarship for special Girl Child (11th and 12th )
  3. The scholarship is to be awarded for students studying in India in a Government
  4. or Private college/university. It shall also cover technical and vocational courses
  5. in Industrial Training Institutes/ Industrial Training Centres affiliated with the
  6. National Council for Vocational Training (NCVT) and also Integrated Courses
  7. after XII Std. Scholarships shall be of two types; General Scholarship and Special Scholarship for Girl Child.

ELIGIBILITY for Golden Jubilee Scholarship provided by LIC


Candidates who meet following criteria are eligible to apply for scholarship.
1) General Scholarship
a) – After Class 12th (XII):

  1. All candidates who have passed Class XII exam (or its equivalent –
    Regular/Vocational) / Diploma with at least 60% marks or equivalent
    CGPA grade in the Academic Year 2021-22/2022-23/2023-24, and
  2. Have taken admission in the academic year 2024-25 for pursuing first
    year degree course in the field of Medicine, Engineering, Graduation in
    any discipline, Integrated Courses, Diploma Course in any field or other
    equivalent courses, Vocational Courses through Government
    recognized Colleges /Institutes or courses in Industrial Training
    Institutes (ITIs), and
  3. Have parents/guardian with an annual income (from all sources) not
    exceeding Rs.2,50,000 per annum (please refer clause 7 (ii) – for
    relaxation).
    b) – After Class 10th (X):
  4. All candidates who have passed Class X exam (or its equivalent) with at
    least 60% marks or equivalent CGPA grade in the Academic Year
    2021-22/2022-23/2023-24, and
  5. Have taken admission in the academic year 2024-25 for pursuing first
    year education in the field of Vocational / Diploma Courses through
    Govt. recognized colleges/institutions or courses in India.

2) Special Scholarship for Girl Child (For Two Years)

  1. Female Candidates who have passed Class X exam (or its equivalent) with
    at least 60% marks or equivalent CGPA grade in the Academic Year 2021-
    2022/2022-23/2023-24, and
  2. Have taken admission in the academic year 2024-25 for pursuing higher
    studies in the first year of Intermediate/10 + 2 pattern/ Vocational or
    Diploma Courses through Government recognized colleges/ institutions or
    courses in Industrial Training Institutes (ITI) for two years, and
  3. Have parents/guardian with an annual income (from all sources) not
    exceeding Rs. 2,50,000 per annum.

What is the amount for LIC golden jubilee scholarship

AMOUNT OF SCHOLARSHIP

1) General Scholarship

Amount for Professional Courses In medicine

a) An amount of Rs.40,000/- per annum, will be awarded to the selected Scholar
who pursues higher education in the field of Medicine (MBBS, BAMS, BHMS,
BDS) and shall be payable every year in two instalments Rs.20000/- each
during the duration of the course, subject to eligibility.

Amount of Professional Courses in Engineering
b) An amount of Rs.30,000/- per annum, will be awarded to the selected Scholar
who pursues higher education in the field of Engineering (BE, BTECH, BArch)
and shall be payable every year in two instalments of Rs.15000/- each during
the duration of the course, subject to eligibility.

For any discipline Graduation
An amount of Rs.20,000/- per annum will be awarded to the selected Scholars
who pursues education in the field of Graduation in any discipline, Integrated
Courses, Diploma Course in any field or other equivalent courses, Vocational
Courses through Government recognized Colleges /Institutes or courses in
Industrial Training Institutes (ITIs) and shall be payable every year in two
instalments of Rs.10000/- each during the duration of the course, subject to

Amount for Special Scholarship for Girl Child

An amount of Rs. 15,000/- per annum will be awarded to selected Girl Child for
Special Scholarship after class 10th for pursuing higher studies in
Intermediate/10 + 2 pattern/ Vocational or Diploma Courses through
Government recognized colleges/ institutions or courses in Industrial Training
Institutes (ITI) for two years and shall be payable every year in two instalments of
Rs.7500/- each during the duration of the course, subject to eligibility

There are some conditions in the Scholarship these are as follows

(i) This scholarship is not meant for post-graduation studies.

(ii) Candidates are eligible for scholarship if they secured at least 60% marks or
equivalent CGPA grade in the previous final examination and the their parents /
guardians total annual income from all sources does not exceed Rs.2,50,000/-
per annum.
Relaxations in upper limit of annual income criteria from the present Rs.2.5
lakhs to Rs.4 lakhs shall be granted only in cases where a woman
(widow/single mother/unmarried) is the sole bread earner of the family.


(iii) Short listing and final selection of candidates shall be done on merit based on
percentage of marks obtained in class 12th /10th. Candidates who apply for
‘Regular Scholarship’ category after completing their 12th will be given priority
over those who apply after completing their 10th std during the selection process.
(iv) In the event of tie in the percentage of marks, preference will be given to
students whose parents have the lower income.


(v) Candidates who are already receiving Scholarship from other Trust / Institution
will not be considered for LIC GJF Scholarship. This rule does not apply to
candidates who are receiving Scholarships from the Government (State or Central)
either at the time of selection or after being selected for Golden Jubilee Scholarship
Scheme.

Some othre important Conditions


(vi) Candidates who gain lateral entry in 2nd Year Engineering Degree courses or
take regular admission in the 1st Year of Engineering Degree courses after
completing Diploma shall be eligible for GJF Scholarship provided they have passed
Diploma with 60% or equivalent CGPA grade in the academic year 2021-22/2022 –

(vii) Candidates passing Class XII (vocational) and pursuing studies in any stream
as laid down under the Scholarship Scheme 2023 will be considered for
scholarship.
(viii) Candidates who change their stream after getting selected for Scholarship and
the course duration is greater than the stream for which the student is selected,
such students will continue to receive scholarship only for the duration for which
they were originally selected. However, if candidate switches to a stream with lesser
Golden Jubilee Foundation 4
duration, then scholarship will be payable for the duration of the stream with
lesser duration.


(ix) Candidates who are pursuing courses under any stream through
Correspondence or Part Time (Evening or Night Classes) and/or through Open universtiy are not eligible for scholarship

How to apply online for LIC golden jubilee Scholarship this Scholarship

ONLY ONLINE APPLICATIONS ARE TO BE SUBMITTED THROUGH THE LINK ON
THE HOME PAGE at https://licindia.in.
After submitting the online application, the candidate will receive an
acknowledgement email at the email address provided in the application. The
Divisional Office of LIC mentioned in the acknowledgement email will handle any
further correspondence. Candidate should ensure they provide correct and valid
email address and contact number as these may be needed for future
communication. For further details, candidates should refer to the “Instructions
to candidates for online submission of application for LIC GJF Scholarship
Scheme-2024” document.


Last date of submission of Online Application is for LIC golden Jubilee Scholarship

: 22. DEC.2024 by online website. https://licindia.in.

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