Life Insurance Corporation (LIC) India conducts LIC Scholarship which provides an opportunity to meritorious students of economically weaker families to pursue their higher studies. Those students who have passed class 12 or its equivalent in the academic year 2016-17 are eligible for LIC Golden Jubilee Scholarship.
The student should be pursuing studies in Medicine, Engineering, Graduation in any discipline, Diploma Course or Govt. approved vocational courses, ITI. Under the LIC Scholarship scheme, the selected candidates will receive an amount of Rs. 10,000 annually for pursuing higher studies in India in a government or private college/university.
Students who have passed out class 12 or its equivalent in the Academic year 2016-2017.
Educational Qualification will be relaxed to class 10 or equivalent (Academic Year 2016-17) subject to income ceiling of parents/guardians. Marks obtained in class 12 should be a minimum of 60%. Annual Family income of the applicant should not exceed Rs. 1 Lakh.
This scholarship is available for pursuing Bachelor level course in any discipline: Medicine, Engineering, Arts, Commerce, Science, Diploma Course in any field or other equivalent courses, Vocational courses in Industrial Training Institutes. Selected candidate will receive a scholarship of Rs.10,000 annually(payable in ten monthly instalments of Rs.1,000 each) for the subsequent years of his/her studies.
Selected candidates fulfilling the requisite eligibility conditions for renewal will get the scholarship for the entire duration of the course. For vocational courses candidates pursuing professional courses should score a minimum of 55% in the last academic year only then will they be eligible for the LIC Scholarship renewal. In case a student scores less than the said marks then his scholarship will lapse. For Graduation/Equivalent degree courses</strong>: Candidates studying in Bachelor level courses or equivalent grade should obtain a minimum of 50% in the last academic year to continue with the LIC golden jubilee scholarship.
How to Apply:
The students can easily apply through online mode by following the below mentioned steps:
- The candidates should visit the official website of the scholarship which is: https://www.licindia.in/Bottom-Links/Golden-Jubilee-Foundation/Scholarship
- After that candidates need to fill the following information in the LIC Scholarship Application Form: Personal Details, Class 10 Details, Class 11 Details, Class 12 Details, Bank Account Details.
After submission of the LIC Golden Jubilee Scholarship Application Form 2017, applicants will receive an acknowledgment at their respective email ID. Further correspondence will be made by the Divisional Office mentioned in the acknowledgment email. Selection of candidates for LIC Golden Jubilee Scholarship 2017 will be based on the percentage of marks obtained by the applicant in class 12/10 and their family annual income. Income certificate should be provided in the form of an affidavit on non -judicial stamp paper for self-employed parents based on self-certification and those who are employed by an employer should submit documents (from revenue department) such as land held in the name of parents. Eligible candidates with the lowest family income shall be given the preference in ascending order.
LIC Scholarship Contact Details
LIC Golden Jubilee Foundation
Yogakshema Nariman Point, Mumbai – 21
Fax No: 022-22884103