LIC Golden Jubilee Scholarship Scheme
Last Date for Application Submission: 18/12/2022.
Student who are interested in building their Assam career and eligible for LIC Golden Jubilee Scholarship may apply online by following the steps given in this article.
About LIC Golden Jubilee Scholarship Scheme
The LIC Golden Jubilee Scholarship Program is a scholarship for eligible students from the economically weaker section of the society to give them better opportunities for higher education and thus to increase their employability.
Build Your Assam Career with LIC Golden Jubilee Scholarship Scheme
| Scholarship Name | LIC Golden Jubilee Scholarship Scheme |
| Authority | LIC Golden Jubilee Foundation |
| Academic session | 2022-2023 |
| Last date of submission | 18/12/2022 |
| Official Website | https://licindia.in |
Eligibility Criteria of LIC Golden Jubilee Scholarship
For Regular Scholar:
A. All applicants who have scored at least 60% marks (or equivalent grade) in the twelfth exam (or its equivalent) in the 2020-2021 academic year and whose parents / legal guardians do not earn more than 200,000 rupees per year (from all sources) can apply for the scholarship. This scholarship is offered to students seeking a higher education in medicine or engineering, or a Graduation in any field, a diploma course in any field, other equivalent courses, Vocational Courses through Government recognized Colleges /Institutes or courses in Industrial Training Institutes (ITIs).
B. All applicants who have scored at least 60% marks (or equivalent grade) in the Class Ten exam (or its equivalent) in the 2020-2021 academic year and whose parents / legal guardians do not earn more than 200,000 rupees per year (from all sources) can apply for the scholarship. This scholarship is offered to students seeking a higher education in Vocational Courses through Government recognized Colleges /Institutes or courses in Industrial Training Institutes (ITIs).
To encourage education to girl child, Special scholarship for Girl Child after class 10 for pursuing higher studies in 10 + 2 pattern for two years. The candidate who have passed Class X exam (or its equivalent) with at least 60% marks (or equivalent grade) in the Academic Year 2019-20 and whose parents/guardian have an annual income (from all sources) not exceeding Rs.2,00,000 per annum. The grant is provided to girl students who are interested (and willing) to pursue higher education in 10 + 2 pattern.
NOTE: The Regular scholarship should strictly be provided only to students who are going for under-graduation (or its equivalent). This scholarship is not meant for post-graduation studies.
Other Conditions of LIC Golden Jubilee Scholarship
LIC Golden Jubilee Scholarship Scheme is subject to following conditions:
a) Scholarship shall be awarded to the students who have secured not less than 60% marks or equivalent grade in the previous final examination and the annual income of whose parents/guardians from all sources does not exceed Rs.2,00,000/- per annum.
b) Selection of LIC Scholar will be on the basis of merit and family background such as percentage of marks in class 12th /10th and annual income of the family. Eligible Students having the lowest income shall be given preference in the ascending order.
c) The candidate should secure more than 55%marks in professional streams and 50% marks in graduation courses in Arts/Science/Commerce or equivalent grade in the previous final examination of the course for which scholarship is awarded, failing which the scholarship will be discontinued.
d) Scholarship shall not be given to more than one student in a family.
e) The students should be regular in attendance for which the yardstick shall be decided by the competent authority of the school/college/university.
f) Income certificate should be on self-certification basis by way of an affidavit on non-judicial stamp paper for self-employed parents and from employer for employed parents supported by documents (from revenue department) such as land held in the name of parents.
g) If a student violates any terms and conditions of the scholarship, the scholarship may be suspended or cancelled.
h) If a student is found to have obtained a scholarship by false statement/certificates, his/her scholarship shall be cancelled forthwith and the amount of the scholarship paid shall be recovered, at the discretion of the concerned Divisional Administration of LIC.
i) LIC Golden Jubilee Foundation will lay down the detailed procedure for processing and sanctioning of scholarships to eligible students.
j) The scheme shall be evaluated at regular intervals by the LICGJF.
k)The regulations can be changed at any time at the discretion of the Board of Trustees of LICGJF.
Rate of LIC Golden Jubilee Scholarship
Regular Scholar: An amount of Rs.20,000/- per annum will be awarded to the selected Regular Scholar and shall be payable in three installments.
Special Girl Child Scholar: An amount of Rs.10,000/ per annum will be awarded for selected Special Girl Child pursuing studies in the 10 + 2 Course and scholarship shall be payable in three installments.
Mode of Payment
The Scholarship amount will be transferred to Bank Account of the selected scholar through NEFT. Therefore in case the candidate is selected for scholarship, the Bank Account details and IFSC code and copy of cancelled cheque with name of beneficiary is compulsory.
How to apply for LIC Golden Jubilee Scholarship?
Student who are interested in building their Assam career and eligible for LIC Golden Jubilee Scholarship may apply online by following the steps given below:
1. Go to the Official LIC Golden Jubilee Portal (Links Given Below).
2. On the portal, enter all the details (both personal and educational).
3. Upload necessary details.
4. Submit the form and print it out.
LIC Golden Jubilee Scholarship Important Dates
| Starting date of online application | 26/11/2021 |
| Last date of online application | 18/12/2022 |
LIC Golden Jubilee Scholarship Important Links
| About | LINKS |
|---|---|
LIC Golden Jubilee Scholarship Online Application
|
LINK |
| Other Scholarships | LINK |
| Official Notifications | LINK |
| Official Website | LINK |
About LIC Golden Jubilee Foundation
Life Insurance Corporation of India aka LIC is an Indian state-owned
insurance group and investment corporation owned by the Government of
India. LIC Golden Jubilee Foundation was established on 20.10.2006 as
a part of LIC’s Corporate Social Responsibility. The Foundation has
been registered with the Charity Commissioner Mumbai and is also
exempt under Section 80G of Income Tax.
The objectives of the LIC Golden Jubilee Foundation are promoting
education, health, relief of poverty or distress and advancement of
other objects of general public utility. The Foundation has supported
projects ranging from construction of Hospitals, School buildings and
classrooms, library, computer centre, Old age homes, Hostel buildings
for children in tribal areas, Vocational training centres for
differently abled persons to provide infrastructural facilities to
needy persons in different pockets of the country.
