LIC Golden Jubilee Foundation is pleased to announce Scholarships on All India basis to students who have passed Std X/XII/Diploma or equivalent with minimum 60% or equivalent grade in the Academic Year 2021-22.
20 Regular Scholarships per Divisional Centre of LIC: (10 each for boys and girls) for pursuing higher studies in
(i) Medicine, Engineering, Graduation in any discipline, Diploma Course in any field and Integrated Courses
(ii) Vocational Course through Government Recognized Colleges/ Institutes or courses in Industrial Training Institutes (ITI)
10 Special Scholarships for Girl Child per Divisional Centre of LIC: For pursuing studies in Class 11th & 12 under 10+2 Pattern.
ELIGIBILITY FOR LIC GOLDEN JUBILEE FOUNDATION SCHOLARSHIP
For Regular Scholar
•All candidates who have passed Class XII exam (or its equivalent) with at least 60% marks (or equivalent grade) in the Academic Year 2019-20 and whose parents/guardian have an annual income (from all sources) not exceeding Rs.2,00,000 per annum are eligible to apply for scholarship. The grant is provided to students who are interested (and willing) to pursue higher education in the field of Medicine, Engineering, Graduation in any discipline, Diploma Course in any field or other equivalent courses, Vocational Courses through Government recognized Colleges /Institutes or courses in Industrial Training Institutes (ITIs).
•All candidates who have passed Class X exam (or its equivalent) with at least 60% marks (or equivalent grade) in the Academic Year 2019-20 and whose parents/guardian have an annual income (from all sources) not exceeding Rs.2,00,000 per annum. The grant is provided to students who are interested (and willing) to pursue higher education in the field of Vocational Courses through Government recognized colleges/ institutions or courses in Industrial Training Institutes (ITI).
For Special Girl Child Scholar
•To encourage education to girl child, Special scholarship for Girl Child after class 10 for pursuing higher studies in 10 + 2 pattern for two years. The candidate who have passed Class X exam (or its equivalent) with at least 60% marks (or equivalent grade) in the Academic Year 2019-20 and whose parents/guardian have an annual income (from all sources) not exceeding Rs.2,00,000 per annum. The grant is provided to girl students who are interested (and willing) to pursue higher education in 10 + 2 pattern.
DURATION OF LIC GOLDEN JUBILEE FOUNDATION SCHOLARSHIP
Scholarship shall be provided for the entire duration of the course for Regular Scholars and for two years for Special Girl Scholar, subject to the candidate fulfilling the requisite eligibility conditions for renewal .
RATE OF LIC GOLDEN JUBILEE FOUNDATION SCHOLARSHIP
1) An amount of Rs.20,000/- per annum will be awarded to the selected Regular Scholar and shall be payable in three instalments.
2) An amount of Rs.10,000/ per annum will be awarded for selected Special Girl Child pursuing studies in the 10 + 2 Course and scholarship shall be payable in three instalments.
HOW SCHOLARSHIP IS PAID?
The Scholarship amount will be transferred to Bank Account of the selected scholar through NEFT. Therefore in case the candidate is selected for scholarship, the Bank Account details and IFSC code and copy of cancelled cheque with name of beneficiary is compulsory.
CONDITIONS FOR LIC GOLDEN JUBILEE FOUNDATION SCHOLARSHIP
(i) Scholarship shall be awarded to the students who have secured not less than 60% marks or equivalent grade in the previous final examination and the annual income of whose parents/guardians from all sources does not exceed Rs.2,00,000/- per annum.
(ii) Selection of LIC Scholar will be on the basis of merit and family background such as percentage of marks in class 12th /10th and annual income of the family. Eligible Students having the lowest income shall be given preference in the ascending order.
(iii) The candidate should secure more than 55%marks in professional streams and 50% marks in graduation courses in Arts/Science/Commerce or equivalent grade in the previous final examination of the course for which scholarship is awarded, failing which the scholarship will be discontinued.
(iv)Scholarship shall not be given to more than one student in a family.
(v)The students should be regular in attendance for which the yardstick shall be decided by the competent authority of the school/college/university.
MODE OF APPLYING LIC GOLDEN JUBILEE FOUNDATION SCHOLARSHIP : ONLINE
ONLY ONLINE APPLICATIONS ARE TO BE SUBMITTED THROUGH THE LINK ON THE HOME PAGE. Once online application is submitted, the candidate will get acknowledgement at the email ID provided by him in his online application. Further correspondence will be made by the Divisional Office which is mentioned in the acknowledgement mail. The candidate should ensure to submit his correct email id and contact number for communication at a later date, if required. Bank Account details and IFSC code are not compulsory at this stage.
Official website www.licindia.in
Link for apply LIC Golden Jubilee FOUNDATION SCHOLARSHIP 2022: CLICK HERE
Last date for submitting online application is 18.12.2022
