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LIC Golden Jubilee Scholarship 2024 - How to Apply, Last Date, Eligibility, Amount

LIC Golden Jubilee Scholarship 2024 - How to Apply, Last Date, Eligibility, Amount

Edited By Manasvini Gupta | Updated on Jun 26, 2024 12:06 PM IST
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LIC Golden Jubilee Scholarship 2024 - Life Insurance Corporation of India (LIC) has introduced LIC Golden Jubilee Scholarship Scheme. The LIC scholarship 2024 scheme assists and awards scholarships to meritorious students belonging to economically weaker sections of society whose annual family income does not exceed INR 2,50,000 per annum. The LIC Golden Jubilee Scholarship aims to provide students with better opportunities for higher education and employment.

LIC Golden Jubilee Scholarship 2024 - How to Apply, Last Date, Eligibility, Amount
LIC Golden Jubilee Scholarship 2024 - How to Apply, Last Date, Eligibility, Amount

The LIC Golden Jubilee Scholarship 2024 can be availed by students who are going for undergraduate courses within India. LIC scholarship is not meant for postgraduate studies. There is provision for special girl child scholars and also for candidates who have passed class X exams. Read the complete article to know detailed eligibility criteria, LIC golden jubilee scholarship 2024 last date, how to apply for the LIC scholarship, rate of golden jubilee scholarship, terms and conditions and more.

LIC Golden Jubilee Scholarship 2024 - Highlights

Scholarship Name

LIC Golden Jubilee Scholarship Scheme 2024

Golden Jubilee Scholarship was introduced by

Life Insurance Corporation of India

Mode of applying

Online

LIC scholarship 2024 online apply start date

December 2024 (tentative)

LIC golden jubilee scholarship 2024 last date

December 2024 (tentative)

Website

licindia.in.

LIC Scholarship 2024 - Eligibility Criteria

In the pointers given below, students can find the essential eligibility criteria laid down by the Life Insurance Corporation of India to avail of their Golden Jubilee scholarship scheme 2024.

  1. For Regular Scholar

  • Candidates who have passed class 12 exams 2024-25 (or its equivalent - Regular/ Vocational) / Diploma with at least 60 % marks are eligible to apply for the LIC jubilee scholarship provided their family income is not more than INR 2,50,000 per annum.

  • Candidates who have passed class 10 exams 2024-25 session or its equivalent with at least 60% marks having family annual income not more than INR 2.5 lakhs per annum.

  1. For Special Girl Child Scholar

  • To encourage the education of girl child, LIC has included special provisions for girl child scholars. Girls who want to pursue higher studies in the +2 pattern after passing class 10 exams are eligible to apply for the LIC scholarship 2024. They are eligible for applying to the LIC golden jubilee scholarship scheme, if their family income is not more than INR 2.5 lakhs per annum and who want to pursue higher education for not beyond two years.

How to Apply for LIC Golden Jubilee Scholarship Scheme 2024?

Students who can fulfil the essential eligibility conditions and are desirous of applying for the LIC Golden Jubilee Scholarship 2024 can do so via the official website - licindia.in. The expected date to apply for LIC Golden Jubilee Scholarship is to be in December 2024.

Follow the steps given below to know the process of applying for the LIC Golden jubilee scholarship 2024 scheme:

  • Open the website - licindia.in

  • On the homepage, a flashing link will be displayed ‘Apply for Golden Jubilee Scholarship Scheme 2024’. Click on the same.

  • The LIC scholarship application form will be displayed on the screen as shown in the sample image given below:

  • Fill in the personal information and other asked details like - family income, bank account details, course duration and course which student is looking to pursue etc.

  • After re-checking the details filled in the LIC golden jubilee scholarship 2024 application form, students have to tick the check boxes given at the end of the LIC golden jubilee scholarship application form 2024.

  • Now, click on the ‘Submit’ button to complete the application process.

Note: After the successful submission of the LIC student scholarship application form, the candidate will get an acknowledgement mail. It is important for the student to provide the correct mailing address and contact number as they will be required for further necessary communication.

LIC Golden Jubilee Scholarship Amount 2024

  • Selected candidates will get an amount of Rs 20,000 per annum (regular scholars) which will be paid in three instalments.

  • Rs 10,000 per annum will be awarded for selected special girl child scholars. This amount will also be transferred in 3 instalments.

LIC Golden Jubilee 2024 Scholarship - Important Points and Conditions

Life Insurance Corporation of India has put down a few terms and conditions which students should keep in mind while applying for the LIC Golden Jubilee Scholarship. A few of the important terms and conditions have been mentioned in the pointers given below. Students should visit the official website of LIC India to read the in depth information provided.

  • Private candidates pursuing courses through part-time or correspondence are not eligible for LIC scholarship 2024 online apply.

  • LIC jubilee scholarship will not be given to more than one student in a family.

  • Selection of candidates for the LIC Scholarship 2024 will be based on merit. The selection process will be conducted based on descending order of marks obtained.

  • Relaxation in the upper limit of annual family income from Rs 2,50,000 to Rs 4,00,000 per annum shall be given in cases where a woman (umarried/single/widow/single mother) is the sole earning member of the family.

  • LIC Golden Jubilee Scholarship amount 2024 will be awarded to students who have obtained at least 60% marks or equivalent grade in the previous examination that they took and those who fulfil the necessary income eligibility criteria.

  • Candidates selected under the ‘Special Girl Child Scholar’ category should secure 50% marks in the 11th class to become eligible for renewal scholarship.

Also, Read:

Frequently Asked Question (FAQs)

1. How can I apply for the LIC scholarship scheme?

Students can apply for LIC golden jubilee scholarship by filling the LIC golden jubilee scholarship application form on the official website - licindia.in. 

2. What is the LIC golden jubilee scholarship 2024 last date?

The last date for LIC scholarship 2024 is yet to be announced. The LIC scholarship 2024 last date  December 2024.

3. How many students will be selected under regular scholarship scheme?

Out of the shortlisted candidates, twenty students will be selected under the regular scholarship scheme.

4. Who will be selected for the LIC scholarship scheme in cases of tie in percentage of marks obtained?

In such cases, student whose parent is having lowest income will be given preference.

5. Will I receive the scholarship amount if I change my course of study?

Students who change their stream after getting selected for LIC golden jubilee scholarship and their new course duration is more than the stream for which the student was originally selected, such students will still receive LIC scholarship but only for the course time duration for which they were originally selected.

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