LIC Golden Jubilee Scholarships for poor students for studies after Class 10 and 12
Looking for funds for higher studies in India for poor students? This article provides complete information on the LIC Golden Jubilee Scholarship Scheme for students from the Economically Weaker Section for admission to higher studies in India after Class 10/Class 12. Details of the scholarship amount, eligibility criteria, and the application procedure have been provided.
Life Insurance Corporation of India's Golden Jubilee Foundation has announced applications open for the Golden Jubilee Scholarship Scheme for higher education in India for students from the Economically Weaker Sections (EWS). Only one student per family is eligible to apply.
[Image source: print advt. in the Indian Express]
Scholarship Overview There are 20 Regular Scholarships (10 for boys and 10 for girls) per Divisional Center of LIC that will be offered for the entire duration of the course. There are also separate 10 special Girl Child Scholarships per LIC Division for two years. Scholarships will be disbursed based on merit and eligibility by the Divisional Office, that is, the academic marks in the required qualifying exams and the family income. There is a possibility of students having the same marks, in which case the student from the family with the lowest income will be eligible for the scholarship.
Scholarship Amount
Regular Scholarship: Rs.20,000/- each year, to be disbursed in three instalments in the scholar's Bank account.
Girl Child Scholarship: Rs.10,000/- each year, to be disbursed in three instalments in the scholar's Bank account.
Note that the scholarship will be discontinued if you fail to secure more than 55% marks for a course in the professional streams or more than 50% marks in the graduation course in Arts/Science/Commerce or equivalent grade in the previous final exam of the course for which the scholarship has been awarded. It is also mandatory to maintain regular attendance.Eligible Institutes and Courses for LIC Scholarships
The scholarship scheme is only for pursuing studies in institutions in India. These include-
The courses of higher education should be any of these-Eligibility requirements for Regular Scholarship Scheme
The scholarship under this scheme is for students who are going to pursue an undergraduate course or its equivalent, including an integrated course, but not for students pursuing postgraduate courses.
Educational Qualification: You should have passed the Class 12 exam or its equivalent with a minimum of 60% or obtained an equivalent grade in the academic Year 2020-21.
Family Income: Your parents/guardian should have an annual income that is not more than Rs.2,00,000 per annum. This income includes income from all sources.
You are also eligible to apply if you have passed the Class 10 exam or its equivalent with a minimum of 60% or obtained an equivalent grade in the academic Year 2020-21 with the family income criteria as mentioned above. In this case, the scholarship will be given for pursuing higher education in the field of Vocational Courses through Government recognized colleges or institutions or courses in ITIs.
Eligibility requirements for Girl Child Scholarship Scheme
The scholarships are only for girls who are pursuing higher education after Class 10 in Intermediate/10 + 2 patterns for two years. To be eligible, you should fulfil these criteria-
Educational Qualification: You should have passed the Class 10 exam (or its equivalent) with a minimum of 60% marks or obtained an equivalent grade in the academic Year 2020-21.
Family income: Your parents/guardian should have an annual income (from all sources) that does not exceed Rs. 2,00,000 per annum.
Important notes
Income certificate: This will be a self-certified one by way of an affidavit on a non-judicial stamp paper in the case of parents who are self-employed, and from the employer in the case of employed parents, along with relevant documents (from the revenue department), such as land held in the name of parents, etc.
Income criteria relaxations: In the case of both the schemes, the upper limit of annual income criteria will be relaxed to Rs.4 lakhs in the case of those whose parents or sole bread earner of the family have lost their life due to COVID-19, and in the case of a woman (widow/single mother/unmarried) who is the sole bread earner of the family.Application procedure Applications should be submitted in online mode only at the LIC Golden Jubilee Scholarship Scheme portal.
Ensure that you provide the correct email ID and contact phone number for future communications and read the instructions provided on the application page before you start filling up the online application form.
In addition to personal information, you need to provide details of your academic years, namely, of Class 10, 11, and 12, mentioning the Board or University or Institute or Council of Examination as the case may be, the year of passing, and the percentage of marks. The last four digits of the Aadhar Card Number are also required.
Last date to submit online applications: 31st December 2021.
Website: https://licindia.in/
Follow