LIC Golden Jubilee Scholarship 2023- Apply Online, Merit LIst, Eligibility

LIC Golden Jubilee Scholarship 2023: To support students in education field LIC GOLDEN JUBILEE FOUNDATION introduced scholarship. LIC Golden Jubilee Foundation was established in the year 2006, and it is registered with Charity Commissioner under Bombay Public Trust Act 1950 with the intension of promoting education, health etc. The main objective of introducing scholarship is to award scholarship to encourage students to study more. The students who are economically weaker get best benefit from this scholarship. Students who are studying in INDIA in either government or Private College/University can apply to this scholarship. LIC Golden Jubilee Foundation introduced two types of scholarship, General Scholarship and Special Scholarship for Girl child.

The scholarship is made for Technical courses, Vocational courses in Industrial Training Institutes or Industrial Training centers associated with the NCVT (National Council for Vocational Training) and also integrated courses after 12th standard. The amount of Scholarship will be transferred to Bank Account of the selected scholar through National Electronic Funds Transfer (NEFT).

LIC Golden Jubilee Scholarship 2023

The LIC Golden Jubilee Scholarship 2023 program is offered by Life Insurance Corporation of India (LIC) to those who belong to the economically weaker section and are willing to pursue higher education finishing their 10th/12th class. This scholarship is awarded based on the course chosen by the students and ranges from Rs 15,000 to Rs 40,000. Students who have completed Class 10/12 in the academic year 2022-23 and are currently enrolled in medicine, engineering, diploma, or degree programs are eligible to apply for the LIC Golden Jubilee Scholarship. The LIC Golden Jubilee Foundation has invited online applications for scholarships for the academic year 2023 and the last date for submission of online applications is January 14, 2024.

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Golden Jubilee Scholarship 2023: Overview

Name of ScholarshipLIC Golden Jubilee Scholarship
Offered byLIC Golden Jubilee Foundation (LIC GJF)
Session2023-24
Mode of ApplicationOnline
ObjectiveProvide scholarships to meritorious students 
Type of ScholarshipGeneral Scholarship, Special Scholarship for Girl Child
Minimum Qualification60% in Class 10th/12th
AmountUp to Rs.40,000
Application StartsDecember 28, 2023
Last DateJanuary 14, 2024
Official Websitehttps://licindia.in

Eligibility criteria for Golden Jubilee Scholarship 2023

To apply for scholarship one must meet several eligibility criteria’s. Candidate wish to apply for scholarship can go through these criteria’s and apply it later. There are two type of scholarship, they are:

LIC Golden Jubilee Scholarship 2023

Eligibility for GENERAL SCHOLARSHIP

  • Candidate have passed 10th and 12th STD exam/Diploma with 60% marks can apply.
  • Family Income must not exceed 2.5 Lakh rupees per annum.
  • Candidate willing to pursue higher education in Medicine, Engineering, Graduation/degree, Integrated Courses, Diploma Course, Vocational Courses.
  • Candidate must study in government recognized Colleges/Institutes or courses in Industrial Training Institutes (ITIs).

Eligibility for SPECIAL SCHOLARSHIP FOR GIRL CHILD

  • Only Girl student can apply.
  • Pursuing higher studies Vocational / Diploma Courses after 10+2 can apply.
  • Candidate must study in government recognized Colleges/Institutes or courses in Industrial Training Institutes (ITIs) for 2 years.
  • Class 10th exam marks must not be less than 60%.
  • Pursuing degree/Integrated Courses can apply.
  • Family income must not exceed 2.5 Lakh rupees per annum.
  • This scholarship is not for Post Graduation students.

Steps to Submit Online Application for Golden Jubilee Scholarship 2023

Applications for Golden Jubilee Scholarship 2023 are currently open, candidates must submit their applications online at the official website of LIC.

How to Appy for LIC Golden Jubilee Scholarship 2023?

LIC golden Jubilee Scholarship can be applied online mode only. There is no offline mode entertained. Candidates can apply for scholarship by visiting official website of LIC Golden Jubilee Foundation (GJF). Step by Step process explained below.

  • Step 1: Visit the official website https://licindia.in
  • Step 2: Click on scrolling text “Click here to apply for LIC GOLDEN JUBILEE SCHOLARSHIP 2023” link
  • Step 3: Read the instruction carefully
  • Step 4: Select link “Click here to Apply Now” and click on OK button.
  • Step 5: Enter all required fields such as State, District, First Name, Surname, Father’s Name, gender, Date of Birth, Nationality, Address, pin code, Mobile number, Email ID, Category (SC/ST/OBC etc), Applying scholarship after completing 10/12th/Diploma, Educational stream, Course name, Course Duration, Annual Income, Mark sheet details, and Bank Details.
  • Step 6: After filling all this information, make self declaration saying information given are true.
  • Step 7: Submit the application by clicking “SUBMIT” button.
  • Step 8: Candidate will get acknowledgement on the email ID.

Note: Candidate must provide valid Email ID and Mobile number while registering online.

SCHOLARSHIP AMOUNT

For general scholarships, the amounts are distributed as follows:

Field of StudyAmount
Medicine (Higher education)Rs.40000/- Per Annum (12000 + 12000 + 16000) 3 installments
EngineeringRs.30000/- Per Annum (9000 + 9000 + 12000) 3 installments
GraduationRs.20000/- Per annum (6000 + 6000 + 8000) 3 installments

Special Scholarship for Girl Child:

Vocational/ Diploma Courses: Rs. 15000/- Per Annum (4500 + 4500 + 6000) 3 installments

Selection Process for LIC GJS Scholarship

Selection of candidate for LIC Scholarship will be done based on student merit and student’s family background such as percentage of marks in class XI / X and annual income of the family. Final Selection of candidates will be done based on merit on the list of candidates eligible for selection in the descending order of marks obtained.

CONDITIONS FOR SCHOLARSHIP

The scholarship awarded to students based on following condition:

  • Students secured 60% marks or equivalent grade in the previous final examination.
  • The annual income of student must be Rs.2, 00,000/- per annum and not more than that.
  • Selection of LIC Scholar will be on the basis of merit and family background such as percentage of marks in class XI / X and annual income of the family.
  • Eligible Students having the lowest income shall be given preference in the ascending order.
  • Scholarship will be given to those students secure 55% in professional course and secure 50% in graduation course or equivalent grade in the previous final examination, failing which the scholarship will be discontinued.
  • Scholarship will be given to only one student in a family.
  • The students should be regular in attendance; it is decided by the school and college authority.
  • Income certificate should be on self-certification basis by way of an affidavit on non-judicial stamp paper for self-employed parents and from employer for employed parents supported by documents (from revenue department) such as land held in the name of parents.
  • Student should not violate any terms and conditions of the scholarship, if done the scholarship will be suspended or cancelled.
  • If a student gets scholarship by false statement/ certificates, his/her scholarship will be cancelled and the amount of the scholarship paid shall be recovered.

LIC Golden Jubilee Scholarship Merit List

LIC Golden Jubilee Scholarship is a merit-based scholarship i.e. merit list will be issued to inform who has been selected for the scholarship. The merit list of the scholarship will be issued on the official website and applicants can check the merit list only on the official website. This merit list will be prepared on the basis of the marks obtained by the students in class 10th/12th.

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Last Date for LIC Golden Jubilee Scholarship 2023

Last date of submission of Online Application for LIC Golden Jubilee Scholarship is 14 January 2024.

APPLICATION FEE

“NO” application fee for LIC Golden Jubilee Scholarship. Candidates can apply scholarship for free of cost.

Required Documents applying LIC Golden Jubilee Scholarship

  • Bank account passbook (Front Page)
  • Passport size photo
  • Mobile Number
  • Income Certificate
  • Aadhaar Card
  • Educational qualification document
  • Identity Card

Contact Details

  • Life Insurance Corporation of India
  • Corporate Office- Yogakshema Building, Jeevan Bima Marg,
  • P.O. Box No – 19953,
  • Mumbai – 400 021 IRDAI Reg No- 512

FAQs related to LIC Golden Jubilee Scholarship

What is the last date of Golden Jubilee Scholarship 2023?

Online application is open till January 14, 2024.

When did the application for the LIC Golden Jubilee Scholarship 2023 begin?

The online application has started from December 28, 2023.

What is the amount of LIC Golden Jubilee Scholarship?

The amount of scholarship ranges from Rs 15,000 to Rs 40,000 based on the course chosen by the students.

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