LIC Golden Jubilee Scholarship 2024: Eligibility, Benefits and Online Application

The Golden Jubilee Scholarship Scheme 2024, started by the Life Insurance Corporation (LIC) of India, helps students from low-income families continue their studies or vocational training. This program supports deserving students by giving them financial help to chase their dreams.

LIC Golden Jubilee Scholarship 2024 – Overview

Organisation	Life Insurance Corporation (LIC) of India
Target Candidates	Students from Economically Weaker Sections (EWS)
Qualification	10th or 12th Pass
Amount	₹15,000 to ₹40,000
Application Mode	Online
Last Date	22nd December 2024
Official Website	https://licindia.in
Apply Link	Check Below

Objective of the LIC Scholarship

The main Objective of the Golden Jubilee Scholarship Scheme is to help talented students from economically weaker sections (EWS) by making higher education affordable. It aims to create better career opportunities for these students.

Who Can Apply?

This scholarship is for students who are studying in government or private colleges, universities, or industrial training institutes (ITIs) under the National Council for Vocational Training (NCVT). It is available for general and technical courses, including combined courses after Class 12. The scheme also has a Special Scholarship for Girls, encouraging education for young women.

Eligibility Criteria

There are two categories for this scholarship:

1. General Scholarship

For Students After Class 12:

• Must have passed Class 12 with at least 60% marks (from 2021 to 2024).
• Should have joined the first year of a degree, diploma, vocational, or ITI course in 2024-25.
• Family income must not be more than ₹2,50,000 per year. Special cases like single mothers may get relaxation.

For Students After Class 10:

• Must have passed Class 10 with at least 60% marks.
• Should be enrolled in vocational, diploma, or ITI courses for 2024-25.
• Family income must not exceed ₹2,50,000 per year.

2. Special Scholarship for Girls

• Girls must have passed Class 10 with at least 60% marks.
• Should have joined intermediate (10+2), vocational, or diploma courses in 2024-25.
• Family income must not exceed ₹2,50,000 per year.

Scholarship Amount

General Scholarship:

Courses	Scholarship Amount (per annum)
M.B.B.S., B.A.M.S., B.H.M.S., B.D.S.	₹ 40,000
B.E., B.Tech., B.Arch.	₹ 30,000
Graduation, Integrated and Diploma Courses	₹ 20,000

Special Scholarship for Girls:

Courses	Scholarship Amount (per annum)
Class 12, Vocational and Diploma Courses	₹ 15,000

How You Get the Money

The scholarship amount is sent directly to the student’s bank account through NEFT. Applicants must ensure their bank accounts are active and provide correct details like IFSC codes.

Terms and Conditions

1. Only undergraduate and diploma/vocational students can apply. Postgraduate students cannot.
2. Students must score at least 55% (medical/engineering) or 50% (other courses) to keep getting the scholarship.
3. If multiple students have the same marks, those with lower family income will get preference.
4. Students receiving other private scholarships cannot apply, but government scholarships are allowed.
5. Regular attendance and good academic performance are required.
6. Only one scholarship per family is allowed, except for girl candidates.
7. Providing false information will lead to cancellation of the scholarship.

How to Apply

Students must apply online through the LIC website (https://licindia.in) before 22nd December 2024. After applying, students will receive an acknowledgment email. LIC’s local offices will handle further communication.

Selection Process

The selection is based on academic performance and family income. Each LIC divisional office will select 30 students (20 for the general scholarship and 10 for the special girl child scholarship). If spots are left, students on the waiting list may be considered.

Important Web-Links

Apply Now	Click Here
Official Notification	Click Here
Instruction	Click Here
More Scholarships	Click Here

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