The Life Insurance Corporation of India (LIC) has been a beacon of financial security for millions of Indians for decades. As part of its commitment to social responsibility, LIC established the Golden Jubilee Scholarship Scheme to support deserving students from economically weaker backgrounds in pursuing their higher education dreams.
Eligibility Criteria
To be eligible for the LIC Golden Jubilee Scholarship, students must meet the following criteria:
- Academic Performance: Students must have passed Class 10 or 12 with a minimum of 60% marks or an equivalent CGPA grade.
- Financial Need: The annual family income from all sources should not exceed ₹2,50,000. However, there is a relaxation in this limit for families where a woman is the sole breadwinner.
- Course of Study: The scholarship is applicable for students pursuing their first degree in various fields, including engineering, medicine, and general graduation.
Benefits of the Scholarship
The LIC Golden Jubilee Scholarship provides financial assistance to selected students to cover their educational expenses. The amount of the scholarship varies depending on the course of study and can range from ₹15,000 to ₹40,000 per annum.
How to Apply
The application process for the LIC Golden Jubilee Scholarship is typically conducted online through the official LIC website. Students can access the application form, fill in the required details, and submit it along with the necessary documents.
Key Documents Required
- Mark sheets of Class 10 and 12
- Income certificate
- Proof of admission in the chosen course
- Recent passport-size photograph
- Other relevant documents as specified in the application form
Selection Process
The selection of scholarship recipients is based on merit and financial need. A committee constituted by LIC evaluates the applications and selects the eligible candidates.
Important Dates
The specific dates for application submission and other important milestones may vary each year. It is advisable to visit the official LIC website or contact their customer care for the latest updates on the scholarship scheme.
Conclusion
The LIC Golden Jubilee Scholarship is a valuable opportunity for students from economically weaker sections to pursue their higher education aspirations. By providing financial assistance, LIC plays a crucial role in empowering young minds and contributing to the nation’s progress.
Additional Tips for Applicants
- Start Early: Begin the application process well in advance to avoid last-minute rush and ensure timely submission.
- Read Instructions Carefully: Pay close attention to the eligibility criteria, application procedure, and document requirements.
- Keep Copies of Documents: Maintain copies of all supporting documents for future reference.
- Seek Clarification: If you have any doubts or queries, contact the LIC customer care or visit their official website for clarification.
By following these tips and adhering to the eligibility criteria, aspiring students can increase their chances of securing the LIC Golden Jubilee Scholarship and pave the way for a brighter future.
Table: LIC Golden Jubilee Scholarship Key Details
Particular | Details |
Eligibility | Passed Class 10 or 12 with minimum 60% marks, annual family income below ₹2,50,000 |
Benefits | Financial assistance up to ₹40,000 per annum |
Application Mode | Online through LIC website |
Selection Criteria | Merit and financial need |
Important Dates | Refer to LIC website for the latest updates |
Remember, education is the key to unlocking a world of opportunities. The LIC Golden Jubilee Scholarship provides a ray of hope for deserving students, enabling them to chase their dreams and contribute meaningfully to society.