This is to inform all interested and eligible Indian’s students seeking for financial support, who meet the requirements outlined on this page that the Life Insurance Company (LIC) Golden Jubilee Scholarship 2024 application form is out. Information on application registration, last dates, amount, requirements, apply online, form and date are provided on this page.

The objective of the scheme is to award scholarships to meritorious students belonging to Economically Weaker Sections so as to provide them with better opportunities for higher education and employment.

What is Life Insurance Company (LIC) Golden Jubilee all about

LIC Golden Jubilee Scholarship 2024-25 is an opportunity offered by the Life Insurance Corporation of India, to provide financial support to meritorious students from economically weaker sections who wish to pursue higher studies.

The scholarship is to be awarded for studies in India in a government or private college/university. 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.

Life Insurance Company Golden jubilee Scholarship 2024-25 Eligibility Requirements

To be eligible for LIC Golden jubilee Scholarship 2024, interested applicants must meet the following eligibility criteria:

General Scholarship:-

  • Applicants must have passed the Class 10 or 12 examination (or its equivalent: regular/vocational)/diploma in the academic year 2023-24
  • Must have secured at least 60% marks (or equivalent grade)
  • Be pursuing higher education in the field of vocational/diploma courses in a government-recognised college/institution or course in Industrial Training Institutes (ITI)
  • Must have an annual parent(s)/guardian(s) income of not more than ₹2,50,000 from all sources

 

Special Scholarship for Girl Child:- 

  • have passed Class 10 examination (or its equivalent) in the academic year 2022-23
  • have secured with at least 60% marks (or equivalent grade)
  • be pursuing higher studies in intermediate/(10+2) pattern/vocational or diploma courses in a government-recognised college/institution or course in Industrial Training Institutes (ITI) for two years
  • have an annual parent(s)/guardian(s) income of not more than ₹2,50,000 from all sources

Note:- 

  • This scholarship is specifically for students pursuing their first degree, such as undergraduate programs or their equivalent (including integrated courses). It is not applicable for students continuing their education through postgraduate studies.
  • An annual income limit relaxation from ₹2,50,000 to ₹4,00,000 will be given to families where a woman (widow, single mother, or unmarried) is the only financial provider. This means that families with a woman as the only earning member can qualify for the scholarship even if their income is slightly higher than the usual limit.

Benefits

Under the general scholarship, students who are pursuing higher education in Medicine will receive an annual amount of ₹40,000. This amount is distributed throughout the academic year in three installments: ₹12,000, ₹2,000, and ₹16,000, during the duration of the course, subject to eligibility.

Those who are pursuing higher education in the field of Engineering will receive an annual amount of ₹30,000. This amount is distributed throughout the academic year in three installments: ₹9,000, ₹9,000, and ₹12,000, during the duration of the course, subject to eligibility.

Documents required for LIC Scholarship 2024/2025

  • Annual income certificate
  • Caste certificate (if applicable)
  • Bank account details
  • Marksheet/certificates of Class 10,12

LIC Scholarship 2024 Deadline

The last date for Application is 14th January 2024

How can you apply for LIC Scholarship 2024?

Eligible candidates can apply for the scholarship using the below-mentioned steps:- 

  1. Click  here to visit the Lic official website and tap the ‘Apply Now’ button.
  2. Click on the ‘Register’ button and fill in the required details to ‘Register’. (Note:– If already registered, log in using Gmail/Mobile number/Email ID.)
  3. Navigate to ‘Click Here To Apply Now’ and click on it.
  4. Fill in the required details, upload the documents (if required) tick the checkboxes, and submit.