LIC Golden Jubilee Scholarship 2024: Check latest update, Eligibility Criteria, last Date, amount and online application process

The Life Insurance Corporation of India (LIC) stands as a pillar of trust and financial strength, having been a prominent player in India’s insurance landscape since its establishment on September 1, 1956. To further contribute to society, LIC introduced the LIC Golden Jubilee Scholarship. This initiative aims to provide financial assistance to deserving students pursuing post-graduate degrees in Medicine or Engineering.

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LIC Golden Jubilee Scholarship 2024

Under the LIC Golden Jubilee Scholarship, selected medical students receive a substantial financial boost of INR 40,000 per annum, while their engineering counterparts are awarded INR 30,000 annually. These scholarships are disbursed in three instalments, emphasizing ongoing support throughout the academic year.

LIC Golden Jubilee Scholarship latest update

The latest update on the LIC Golden Jubilee Scholarship 2024 is as follows:

  • The objective of the scheme is to award scholarships to meritorious students belonging to economically weaker sections, providing them with better opportunities for higher education and employment.
  • The LIC Golden Jubilee Scholarship 2024 will be introduced for higher education, and students will receive the scholarship amount until the completion of their pursuing courses in installments.
  • The scholarship amount will depend on the courses in which the candidate is enrolled.
  • The application form for the LIC Golden Jubilee Scholarship 2024 is expected to be available from the official website soon.
  • The last date to apply for the LIC Golden Jubilee Scholarship 2024 is 14 January 2024.
  • It is advisable to regularly check the official website of the LIC Golden Jubilee Scholarship for updates on the 2024 scholarship program.

LIC Golden Jubilee Scholarship Eligibility Criteria

To ensure fairness and inclusivity, LIC has set specific eligibility criteria for applicants:

  • Completion of Class 12 with a minimum of 60% marks.
  • Annual family income not exceeding INR 2.5 lakh.
  • Pursuing higher education in Medicine, Engineering, Graduation in any discipline, Integrated Courses, Diploma Courses, or Vocational Courses.
  • Diploma courses must be from government-recognized institutions.

Special Scholarship for Girl Child

Acknowledging the importance of gender equality in education, LIC extends a special scholarship for girl children. This initiative empowers female students who have cleared their Class 10 exams with financial assistance of INR 15,000 per year.

Benefits of LIC Golden Jubilee Scholarship

  • Financial Assistance: Selected students receive financial aid, easing the burden of educational expenses.
  • Encouraging Academic Focus: The scholarship encourages students to prioritize their studies.
  • Supporting Financially Backward Students: Facilitating education for economically challenged students.
  • Catalyzing Career Pursuits: Enabling students to pursue careers in Medicine and Engineering.
  • Boosting Education Rates: Contributing to increased literacy rates in India.

 LIC Golden Jubilee Scholarship 2024 last Date and Rewards

  • Application Deadline: January 14, 2024.
  • Financial Assistance:
    • Medicine: INR 40,000 per year
    • Engineering: INR 30,000 per year
    • Other Courses: INR 20,000 per year
    • Special Scholarship for Girl Child: INR 15,000 per year

LIC Golden Jubilee Scholarship 2024 online application

Applying for the LIC Golden Jubilee Scholarship is a straightforward process:

  1. Visit the LIC Website.
  2. Click on “Apply Here” on the homepage.
  3. Fill in the required details accurately.
  4. Submit the application.

Required Details for Application

  • State and district selection.
  • Personal details such as name, surname, and father’s name.
  • Class 10th or equivalent details.
  • Bank details, including account number.

Important Instructions

  • Applications are accepted online; hard copies are unnecessary.
  • Class 10th pass with a minimum of 60% marks is the eligibility criterion.
  • Carefully fill in bank details to ensure accuracy.

LIC Golden Jubilee Scholarship FAQs

Q: What are the application fees for the LIC Golden Jubilee Scholarship?

There are no application fees.

Q: Is there a special scholarship for female students?

Yes, LIC offers a Special Girl Child Scholarship.

Q: If I face issues applying for the scholarship, should I contact you?

For assistance, contact +91-22-68276827.

Expert Comment

“Investing in education paves the way for a brighter future. The LIC Golden Jubilee Scholarship is a commendable initiative, empowering students to reach their full potential.”

In conclusion, the LIC Golden Jubilee Scholarship stands as a beacon of hope, embodying LIC’s commitment to education and the growth of future leaders in India. Stay informed, apply on time, and embark on your educational journey with the support you deserve.

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