Hello friends! If you searching a way to become less dependent on parents for college fees & other expenses then we have something for you as LIC Golden Jubilee Scholarship Scheme is launched so stay with us to know more about this exciting scholarship opportunity.
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About LIC Scholarship 2023
The Life Insurance Corporation of India is an Indian central public sector undertaking based in Mumbai, Maharashtra. It is owned by the Ministry of Finance, Government of India. Its primary mission is to raise funds from individuals through various life insurance policies and then invest in global financial markets and government securities. Under one of the LIC regulations, at least 75% of these proceeds must be invested in central and state government securities.
It was established in 1956 under the Life Insurance of India Act, which nationalised the Indian insurance sector and merged up to 245 insurance companies to form the life insurance behemoth. When the company was formed, the government of India contributed Rs 5 crore in capital.
Objective of LIC Scholarship 2023
The scheme’s goal is to award scholarships to deserving students from economically disadvantaged backgrounds in order to provide them with better opportunities for higher education and employment.
Scope Of LIC Scholarship 2023
The scholarship will be awarded for studies at a government or private college/university in India. It will also cover technical and vocational courses in Industrial Training Institutes/ Industrial Training Centres affiliated with the National Council for Vocational Training (NCVT) and also Integrated Courses after XII Std.
Elgibility Criteria for LIC Scholarship 2023
LIC HFL Vidyadhan Scholarship for Class 10 passed students 2023
Eligibility
- Students enrolled in Class 11 at any recognized institution in India can apply.
- Applicants must have scored more than 60% marks in their Class 10 board examination.
- The family income of the applicant must not be more than INR 3,60,000 per annum from all sources.
NOTE: Preference will be given to girl students, students with disabilities, and students who have lost either or both of their parents.Benefits:
INR 15,000 per year for 2 years (For Class 11 and 12)
LIC HFL Vidyadhan Scholarship for Graduation 2023
Eligibility
- Students enrolled in the first-year of a 3-year graduation programme (in any stream) at any recognised college/university/institution (in the academic year 2023-24) in India can apply.
- Applicants must have scored at least 60% marks in their Class 12 board examination.
- The family income of the applicant must not be more than INR 3,60,000 per annum from all sources.
NOTE: Preference will be given to girl students, students with disabilities, and students who have lost either or both of their parents.Benefits:
INR 25,000 per year for 3 years
LIC HFL Vidyadhan Scholarship for Post-Graduation 2023
Eligibility
- Students enrolled in the first-year of post-graduation programme at any recognised college/university/institution (in the academic year 2023-24) in India can apply.
- Applicants must have scored at least 60% marks in their respective UG level programmes.
- The family income of the applicant must not be more than INR 3,60,000 per annum from all sources.
NOTE: Preference will be given to girl students, students with disabilities, and students who have lost either or both of their parents.Benefits:
INR 20,000 per year for 2 years
Documents Required for LIC Scholarship 2023
- Photo identity proof (Aadhaar Card)
- Marksheet of previous educational qualification
- Income proof (Form 16A/income certificate from government authority/salary slips, etc.)
- Proof of admission (school/college/university ID card/bonafide certificate, etc.)
- Current academic year fee receipt
- Bank (only nationalised banks) account details of the scholarship applicant (canceled cheque/passbook copy) (NOTE: Gramin/Co-operative banks are not allowed)
- Crisis document (if applicable)
- Disability and Caste certificate (if applicable)
How to apply for LIC Scholarship 2023?
To apply in LIC Golden Jubilee Scholarship Scheme CLICK HERE
To view the official notification of LIC Golden Jubilee Scholarship Scheme CLICK HERE
- Click on the ‘CLICK HERE’ button below.
- Login to Buddy4Study with your registered ID and land on the ‘Application Form Page’.
- If not registered – Register at Buddy4Study with your Email/Mobile number/Gmail account.
- You will now be redirected to the ‘LIC HFL Vidyadhan Scholarship’ application form page.
- Click on the ‘Start Application’ button to begin the application process.
- Fill in the required details in the online application form.
- Upload relevant documents.
- Accept the ‘Terms and Conditions’ and click on ‘Preview’.
- If all the details filled in by the applicant are correctly showing on the preview screen, click on the ‘Submit’ button to complete the application process.
