LIC Scholarship Scheme: Golden Opportunity to Win Scholarships Up to ₹40,000! Apply Now!

LIC Scholarship Scheme : Are you a meritorious student looking for financial support to continue your education? The LIC Golden Jubilee Scholarship Scheme 2025 offers a life-changing opportunity for students from economically weaker sections. With scholarships of up to ₹40,000, this initiative by the Life Insurance Corporation of India (LIC) aims to empower students to achieve their academic dreams without financial stress.

In this article, we’ll cover everything you need to know about the LIC Golden Jubilee Scholarship Scheme – from eligibility criteria to the application process, important dates, benefits, and more. Read till the end to ensure you don’t miss out on this fantastic opportunity!

LIC Scholarship Scheme : What is the LIC Golden Jubilee Scholarship Scheme?

The LIC Golden Jubilee Scholarship Scheme is a flagship CSR (Corporate Social Responsibility) initiative launched by the Life Insurance Corporation of India. The primary objective of this scheme is to provide financial assistance to deserving students belonging to low-income families so they can pursue higher education and professional courses.

Started in 2006 to mark LIC’s golden jubilee, this scholarship has benefited thousands of students across India. It continues to provide annual financial aid to students who have shown academic excellence and commitment.

Key Features of LIC Scholarship Scheme

Here are the key highlights of the LIC Golden Jubilee Scholarship 2025:

  • Scholarship amount up to ₹40,000 per annum
  • Available for students pursuing higher education in India
  • Covers both General and Special Girl Child categories
  • Encourages students to pursue technical, vocational, and professional courses
  • Online application process through official LIC portal
  • Disbursed directly to the beneficiary’s bank account

Eligibility Criteria for LIC Scholarship 2025

Before applying, ensure you meet the eligibility criteria set by LIC. There are different conditions for general candidates and girl students applying under the special category.

General Eligibility:

  • Applicant must have passed Class 10 or 12 (or equivalent) with at least 60% marks.
  • Annual family income should not exceed ₹2,50,000.
  • Must be pursuing higher studies in India in recognized institutions.

Special Girl Child Scholarship Eligibility:

  • Only for unmarried girls who have passed Class 10 with minimum 60% marks.
  • Family income should not exceed ₹2,50,000.
  • Must be pursuing vocational or higher secondary/diploma courses.

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Courses Covered Under LIC Scholarship Scheme

The scholarship is applicable to a wide range of academic and professional programs. Here’s a breakdown of eligible courses:

Course Type Eligible Programs Duration Supported Annual Support
Undergraduate Courses BA, B.Sc, B.Com, BBA, BCA, etc. 3 years ₹20,000 – ₹30,000
Engineering B.Tech, BE 4 years ₹40,000
Medical MBBS, BDS 4-5 years ₹40,000
Diploma Courses Polytechnic, ITI, Nursing, Paramedical 2-3 years ₹20,000 – ₹25,000
Vocational Courses Technical and Skill-based certifications 1-2 years ₹10,000 – ₹15,000
Higher Secondary Class 11 and 12 2 years ₹10,000
Professional Courses CA, CS, ICWA, etc. Varies ₹25,000 – ₹40,000

Scholarship Amount and Duration

The LIC Golden Jubilee Scholarship provides financial assistance annually. The amount varies depending on the type of scholarship:

Category Scholarship Amount Disbursement Frequency Duration
General Category Students ₹20,000 – ₹40,000 Quarterly Course Duration
Special Girl Child Scheme ₹10,000 Monthly (₹1,000) 2 years
Engineering/Medical Courses ₹40,000 Quarterly Up to 4-5 years

How to Apply for LIC Golden Jubilee Scholarship 2025

Follow these steps to complete your application:

  1. Visit the official LIC website: Go to https://licindia.in.
  2. Navigate to the Scholarship section: Look for the “Golden Jubilee Scholarship” link under the “CSR” or “What’s New” section.
  3. Click on ‘Apply Now’: Fill in the online application form with all necessary details.
  4. Upload required documents: Make sure to upload scanned copies of your mark sheets, income certificate, ID proof, and recent passport-sized photo.
  5. Submit the application: Review all details before final submission.
  6. Note your registration ID: This will be important for future reference and tracking.

Documents Required

To successfully complete your application, keep the following documents ready:

  • Recent passport-sized photograph
  • Mark sheet of Class 10/12 or last qualifying exam
  • Income certificate issued by a competent authority
  • Aadhaar card or any valid ID proof
  • Admission proof or fee receipt of the current course
  • Bank account details (in applicant’s name)

Important Dates to Remember

Stay updated with the timeline to ensure you don’t miss out.

Event Date (Tentative)
Application Start Date 1st August 2025
Last Date to Apply 30th September 2025
Scrutiny and Shortlisting Period October – November 2025
Final List of Selected Candidates December 2025
Scholarship Disbursement Begins January 2026

Selection Process

The selection of candidates is based on a combination of merit and need. Here’s how LIC evaluates applications:

  • Academic performance (minimum 60% required)
  • Family’s financial condition
  • Type of course and institution
  • Preference to students from rural and economically backward areas
  • For girl students, additional preference under the Special Girl Child scheme

Only shortlisted candidates will be informed via email or SMS. The final decision lies with the LIC authority.

Benefits of LIC Golden Jubilee Scholarship

This scholarship brings a wide range of benefits to deserving students:

  • Reduces financial burden on families
  • Enables access to higher education
  • Encourages girl child education
  • Promotes technical and skill-based learning
  • Uplifts economically weaker sections of society

Tips for a Successful Application

Maximize your chances of being selected by following these tips:

  • Double-check eligibility before applying
  • Provide accurate and complete details
  • Ensure all documents are clear and legible
  • Apply well before the deadline to avoid last-minute issues
  • Keep checking your email or phone for application updates

Frequently Asked Questions (FAQs)

Q1: Can students from private institutions apply?
Yes, as long as the institution is recognized by a competent authority.

Q2: Is there any renewal process?
Yes, students need to perform well academically each year to continue receiving the scholarship.

Q3: Can I apply if I’m already receiving another scholarship?
It depends on the conditions of the other scholarship. LIC generally allows this unless there’s a clause against dual scholarships.

Q4: Is the scholarship amount taxable?
No, scholarships are generally exempt from income tax under Section 10(16) of the Income Tax Act.

The LIC Golden Jubilee Scholarship Scheme 2025 is more than just financial aid – it’s a stepping stone toward a brighter, more empowered future. Whether you’re pursuing a professional course or aiming for higher secondary education, this scholarship could ease your journey significantly.

Make sure you meet the eligibility criteria, gather the required documents, and apply within the stipulated timeframe. Don’t let this golden opportunity slip away – take a step toward your academic goals today!

How much can one potentially win through the LIC Scholarship Scheme?

Up to ₹40,000.

What are the application requirements for the LIC Scholarship Scheme?

Check eligibility criteria and submit necessary documents for consideration.

What is the deadline to apply for the LIC Scholarship Scheme?

The deadline varies, so check the official website for details.

How can students apply for the LIC Scholarship Scheme?

Apply online through the official LIC website.

What is the total amount of scholarships available through the LIC Scholarship Scheme?

Up to ₹40,000 in scholarships can be won.

What are the benefits of the LIC Scholarship Scheme for students?

Opportunity to win scholarships up to ₹40,000.

What is the eligibility criteria for the LIC Scholarship Scheme?

Students must meet academic and financial criteria to qualify.

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