LIC organization has come up with a new financial scheme for the students. The name of the program is the LIC Golden Jubilee Scholarship. In this scheme, the LIC organization will cover students who are economically weak and provide financial assistance to pursue their studies.
The LIC organization has selected technical courses, vocational courses, master-level courses, and similar courses under the LIC Golden Jubilee Scholarship. The aim of LIC organization is to promote higher education among the students.
The LIC organization wants to help economically weaker students pursue educational opportunities and help them make brighter futures. The students in need will fulfill their educational goals with the help of the LIC Golden Jubilee Scholarship.
LIC Golden Jubilee Scholarship Scheme: Details
The LIC organization has covered the following courses under the LIC Golden Jubilee Scholarship.
- Integrated degree programs
- Technical courses
- Vocational training at Industrial Training Institutes (ITIs) authorized by NCVT
The LIC organization will give preference to girl children also under the LIC Golden Jubilee Scholarship. The goal is to promote young women’s education. Students who are studying in govt college or private college can apply for the LIC Golden Jubilee Scholarship. The students will get the amount from Rs 15000 to Rs 40000 per annum in their bank accounts under the LIC Golden Jubilee Scholarship.
LIC Scholarship 2024-25: Overview
| Governing Authotiyy Name | Life Insurance Corporation of India- LIC |
| Scholarship Name | Golden Jubilee Scholarship 2024 |
| Scholarship Amount | ₹15,000 to ₹40,000 |
| Last Date to Apply for the Scholarship | December 22, 2024 |
| Apply Mode for Scholarship | Online Application |
| Category of Article | Scholarship |
| Website Link to apply for Scholarship | https://licindia.in/ |
LIC Golden Jubilee Scholarship Amount Details
The applicants who have passed the 10th or 12th class in the year from 2021 to 2024 can apply for the LIC Golden Jubilee Scholarship. The LIC organization will choose the applicants from the medical degree, engineering degree, diploma, or graduation degrees.
| Course Name | Scholarship Amount Per Annum | Number of Installments | Per Installment Amount |
|---|---|---|---|
| Medical Course | Rs 40000 | 3 | Ist Installment- Rs 12000 2nd Installment- Rs 12000 3rd Installment- Rs 16000 |
| Engg/Technical Course | Rs 30000 | 3 | Ist Installment- Rs 9000 2nd Installment- Rs 9000 3rd Installment- Rs 12000 |
| Graduation Degree or Higher Secondary | Rs 20000 | 3 | Ist Installment- Rs 6000 2nd Installment- Rs 6000 3rd Installment- Rs 8000 |
Eligibility Standards for LIC Golden Jubilee Scholarship
- The applicants who have more than 60% marks in the 10th class and 12th class.
- The family income of the applicants should be less than Rs 2.5 lakh per annum.
- The female students will be covered under the girl child scholarship.
- A family in which only a woman is working, then the family income can be up to Rs 4 lakh per annum.
LIC Scholarship Payment Process
- The students will given the payment using the NEFT bank transfer.
- The Golden Jubilee Scholarship 2024 amount will be distributed in installments to the students.
- The students have to score at least 60% marks in their academics to remain eligible for the Golden Jubilee Scholarship 2024.
- If a student submits false information regarding the eligibility then the LIC will stop the benefit of Golden Jubilee Scholarship 2024 and recover all the funds.
How to Apply for the LIC Golden Jubilee Scholarship
- The applicants need to visit the LIC main website link.
- Then, open the application form for the Golden Jubilee Scholarship 2024.
- Fill out all the details in the application form like education details, financial details, address details, bank details, etc.
- Submit the documents with the Golden Jubilee Scholarship 2024 form.
- Submit the Golden Jubilee Scholarship 2024 application form.
FAQs
Who is eligible for the LIC Golden Jubilee Scholarship?
The applicants who have more than 60% marks in class 10th and class 12th with a family income of less than RS 2.5 lakh can apply for the LIC Golden Jubilee Scholarship.
How to apply for the LIC Golden Jubilee Scholarship?
The LIC organization has allowed eligible students to fill out the application form online for the LIC Golden Jubilee Scholarship on the official website.