LIC Golden Jubilee Scholarship Scheme: A Helping Hand for Students

The LIC Golden Jubilee Scholarship Scheme is a special scholarship program designed to help bright students from poor families. This scheme, initiated by the Life Insurance Corporation of India (LIC), aims to support children who have big dreams but face financial struggles. By providing money for education, this Scheme makes it easier for these students to go to college or pursue professional courses. It is a ray of hope for many young learners who want to build a better future.

What is the LIC Golden Jubilee Scholarship Scheme?

This scheme is just a friend to the students who study well but cannot afford any higher education. If you had done well in your 10th and 12th classes and if your family income was less, then you were eligible to apply for that scholarship. The main focus is to help you get through your education without much trouble and tension about money.

How much financial aid does LIC Golden Jubilee Scholarship provide?

The LIC Golden Jubilee Scholarship Scheme provides an amount of ₹15,000 to ₹40,000 per year depending on the course and category of the applicant. In general, for students who further pursue graduation, engineering, or medical, the scholarship amount amounts to ₹20,000 per year payable in four installments of ₹5,000 every three months.

Additionally, there is a scholarship known as girl child that generally costs ₹10,000 to ₹15,000 for an annual course educating them. It might depend on the amount, but according to this, one should check on the official LIC website for more information about that.

Eligible People – Who Can Apply?

The scholarship can be applied by those students who have achieved at least 60% in their last examinations i.e., 10th or 12th.

Their families must be earning less than ₹2,50,000 in a year.

These candidates plan to pursue courses such as engineering, medicine, or general graduation.

Girls too have this unique opportunity of receiving this scholarship that helps them to carry forward their studies.

Application Deadline

The last date to submit the online application for the current academic year is December 22, 2024. Ensure that you complete your application before this date so you do not miss this opportunity. You need to gather all the required documents and apply as early as possible.

Tenure of Scholarship

The tenure of the LIC Golden Jubilee Scholarship Scheme is as follows:

General Scholarship: The entire period of the course, in which undergraduate medicine, engineering, or any other type of study is taken, will be covered by this scholarship. However, eligibility conditions need to be met by the student every year, so that the scholarship can get renewed.

Special Scholarship for Girl Child: This scholarship is offered to some selected girl students of the higher secondary education, vocational, or diploma course undertaken after passing class 10 for a two-year period.

The scholarship is renewable on a yearly basis, but only if the student scores good marks and meets the norms required by the scheme. For more details and the application procedure, please click the official LIC website.

How Much Money Do You Get?

If you get selected, you will receive ₹20,000 per year. The amount will be directly deposited in your bank account in instalments. That amount of money is sufficient for paying the tuition fee and buying books or any other miscellaneous expenditure for studying.

How to Apply for the Scholarship?

Applying for the LIC Golden Jubilee Scholarship Scheme is easy:

Go to the official LIC website.
Fill out the application form with your details.
Upload the required documents, like your mark sheets and income proof.
Submit the form online.

After you apply, LIC will review your application. If you’re chosen, you’ll be informed by email or phone.

Why This Scheme Matters

Glowing torch to brighter future education is, but unreachable for many students. This scholarship enables and allows the deserving children to achieve their goals without losing hope of pursuing their dreams. With its inception in 2006, LIC Golden Jubilee Scholarship Scheme has been able to offer support to thousands of young minds across India.

Final Thoughts on The LIC Golden Jubilee Scholarship Scheme

If you or any one around you fall in the eligibility criteria for the LIC Golden Jubilee Scholarship Scheme, then do not waste this opportunity. It is not just monetary support; it is a way to take one step towards making one’s dreams a reality. Apply today and step into a brighter future.