If you’re a student looking to pursue classes like 11th and 12th or college-level degrees and need financial support, you’re in luck. The LIC Golden Jubilee Scholarship is here to help, specifically aimed at girl students. This scholarship provides varying amounts of financial assistance.
In this article, we’ll break down all the important information about the LIC Golden Jubilee Scholarship 2023. We’ll cover its purpose, eligibility criteria, benefits, features, required documents, and the application process. To get the full scoop on this scholarship, keep reading.
LIC Golden Jubilee Scholarship 2023
The LIC corporation has introduced the LIC Golden Jubilee Scholarship to support girl students from economically disadvantaged backgrounds. This scholarship aims to inspire them to pursue technical and vocational courses at the college level. To be eligible, the educational institution they attend must be affiliated with the National Council for Vocational Training (NCVT).
The Golden Jubilee Scholarship is provided by the Life Insurance Corporation of India to assist students from financially challenged families by offering life insurance coverage. Only girl students can apply for this scholarship. They will receive a scholarship of Rs. 20,000, distributed in three equal installments.
Objectives Of Golden Jubilee Scholarship
The primary goal of the LIC Golden Jubilee Scholarship is to offer social welfare to girl students from economically backward (EBC or EWS) categories, enabling them to pursue higher education and improve their employability.
Another objective is to provide varying scholarship amounts to girl students studying in classes like 11th and 12th, as well as undergraduate and postgraduate programs in technical or professional fields. The educational institutions they attend must be affiliated or accredited by NCVT.
Beneficiary Category
To be eligible for this scholarship, students must belong to the category determined by the selection committee. They should have passed the 10th grade and be pursuing post-matric classes or degrees in technical or professional courses.
Eligible Classes/Degrees
The scholarship covers the following classes and degrees:
- Class 11th
- Class 12th
- Undergraduate Degree (Professional and Technical)
- Postgraduate Degree (Professional and Technical)
Eligible Courses
The scholarship applies to professional and technical courses.
Golden Jubilee Scholarship Amount
The scholarship amounts are as follows:
- Class 10th, Class 11th, Class 12th: Rs. 10,000 per annum
- Undergraduate/Postgraduate Degree: Rs. 20,000 per annum
Mode of Transferral
Scholarship amounts will be transferred to the beneficiaries’ bank accounts in three equal installments, following the selection committee’s guidelines.
Golden Jubilee Scholarship Selection Process
Students are selected based on their academic performance, income level, and marks obtained in their 10th or 12th-grade examinations.
Golden Jubilee Scholarship 2023 Last Date
The application deadline for 2022 was December 18, 2022. The deadline for 2023 has not been updated yet.
Minimum Marks Cut Off
Students must secure at least 60% in their 10th or 12th-grade examinations to be eligible for the scholarship.
Annual Income Limit
The annual family income limit for eligible female beneficiaries is Rs. 2,50,000.
Important Information
- Selection is based on academic performance and income level.
- Special criteria apply to students pursuing class 12th in Commerce, Arts, and vocational streams.
- Each student can nominate only one beneficiary for this health insurance policy.
- Regular attendance is required.
- Any changes to the scholarship terms and conditions will be managed by the relevant authority.
Benefits Of Golden Jubilee Scholarship Scheme
This scholarship offers several benefits:
- It supports the educational aspirations of girl students.
- It provides financial assistance to students in classes 10th to 12th.
- An amount of Rs. 20,000 is awarded to scholarship recipients.
- It supports students pursuing professional and technical degrees.
- The scholarship amounts vary based on the student’s class or degree.
- Scholarships are distributed in installments.
- Students undertaking vocational and industrial training from recognized universities are eligible.
- Students with at least 60% marks can apply.
- The application process is online.
Golden Jubilee Scholarship 2023 details
Key features of the scholarship:
- Launched by the Life Insurance Corporation of India.
- Supports girl students in classes 10th to 12th and vocational streams.
- Provides Rs. 10,000 for classes 11th and 12th and Rs. 20,000 for technical or professional degrees.
- Scholarships are given in three installments.
- Selection considers academic records and income limits.
- The annual family income limit is Rs. 2.50 lakhs.
- A 50% to 60% mark range is required for renewal.
- Visit the official website for more information.
Golden Jubilee Scholarship Eligibility Criteria
To qualify for this scholarship, applicants must:
- Be a girl student.
- Reside in India.
- Have an annual income of Rs. 2.50 lakhs or less.
- Score at least 60% in the 10th-grade exam.
- Pursue a Diploma, ITI, UG, or PG in post-matric classes.
Golden Jubilee Scholarship Documents
Required documents for online application:
- Aadhar Card
- Date of Birth certificate
- Annual Income Certificate
- Recent Passport Size Photograph
- Bank account details
- Educational Certificates
- Fee Receipt
- Active Mobile number for OTPs
- Working Email ID for future communication
LIC Golden Jubilee Scholarship 2023 online Application
Details about the application process are yet to be announced. You can check the official website for updates.
Golden Jubilee Scholarship helpline
For any queries regarding the LIC Golden Jubilee Scholarship, you can reach out to:
Life Insurance Corporation of India – Corporate Office Yogakshema Building, Jeevan Bima Marg, P.O. Box No – 19953, Mumbai – 400 021.
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