Life Insurance Corporation of India Golden Jubilee Scholarship 2020

Life Insurance Corporation of India Golden Jubilee Scholarship 2020

The life insurance corporation of India or better known as the LIC has come out with the scholarship scheme for the year 2019 and 2020. Today under this article, we will share with you all the details about the LIC Golden Jubilee Scholarship for the year 2020. In this article, we have provided all the details about the scheme such as the eligibility criteria, duration, registration details, selection process, payment and the prices finalized under the scheme.

LIC Golden Jubilee Scholarship 2020

The LIC golden jubilee scholarship has been developed to provide scholarships to all those students who are academically excelling in the knowledge that they are getting. Also, through the scheme economically backward section of the society will get incentives so that they can carry on their education without any financial burden or without wasting their time on earning daily wages. Through this scholarship, more opportunities will be provided to the economically backward section of the society
Details About The Scheme
Scheme Name LIC golden jubilee scholarship
Applicants All over India
Launched by LIC Of India
Last Date of Registration 24.12.2019
Launched Date 2019-2020
Objective Providing scholarship opportunities to EWS

Important Dates
  • The last date to apply for the scheme through online mode is 24th December 2019
Students studying in India in a-
  • Government
  • Private college/university.
  • Students studying-
  • Technical courses OR
  • Vocational courses in the following institutions-
  • Industrial Training Institutes
  • Industrial Training Centres affiliated with the National Council for Vocational Training (NCVT).
Eligibility Criteria

Certain eligibility criteria have been finalized by the concerned authorities of the LIC golden jubilee scholarship. The eligibility criteria for different types of applicants are given below:-

For Regular Scholar
  • All candidates must have passed the Class XII exam  (or its equivalent) with at least 60% marks (or equivalent grade).
  • The exam must be passed in the Academic Year 2018-19.
  • The parents/guardian must have an annual income not more than Rs.1,00,000 per annum.
  • Only the students who are going for under-graduation (or its equivalent) are eligible for this scholarship.
  • The incentive will only be provided to the students who are interested in pursuing higher education in the following fields-
  1. Medicine
  2. Engineering
  3. Graduation in any discipline
  4. Diploma Course in any field or other equivalent courses
  5. Vocational Courses through Government recognized Colleges /Institutes
  6. Courses in Industrial Training Institutes (ITIs).
For Special Girl Child Scholar
  • The applicant should be a girl.
  • Applicant must have pursued Class 10th.
  • The incentive will be provided for pursuing higher studies in 10+2 pattern for two years.
  • The candidate must have passed the Class X exam (or its equivalent) with at least 60% marks (or equivalent grade).
  • The exam must be passed in the Academic Year 2018-19.
  • The parents/guardian must have an annual income not more than Rs.1,00,000 per annum.
Scholarship Scheme 2020

Prizes Of LIC Golden Jubilee Scholarship

The following prices will be distributed among the beneficiaries of the scholarship scheme:-
Scholarship Amount
Regular Scholar An amount of Rs.20,000/- per annum will be awarded which shall be payable in three Quarterly instalments.
Special Girl Child Scholar An amount of Rs.10,000/ per annum will be awarded which shall be payable in three quarterly instalments.

Precautions Of The Scholarship

If you are applying for the LIC golden jubilee scholarship you need to undertake and keep in mind the following precautions as announced by the concerned authorities:-
  • Only one student in a family can avail of the benefit of the scholarship.
  • The students should have proper attendance.
  • Income certificate should be on a self-certification basis by way of an affidavit on non-judicial stamp paper for self-employed parents and from the employer for employed parents supported by documents (from revenue department) such as land held in the name of parents.
  • The scholarship may be suspended or canceled on violating any terms and conditions.
  • The scholarship may be suspended or canceled if a student is found to have obtained a scholarship by false statement/certificates.
  • LIC Golden Jubilee Foundation will lay down the detailed procedure for processing and sanctioning of scholarships to eligible students.
  • The scheme shall be evaluated at regular intervals by the LICGJF.
  • The regulations can be changed at any time at the discretion of the Board of Trustees of LICGJF.
Procedure To Apply Online LIC Golden Jubilee Scholarship

To apply for the LIC golden jubilee scholarship, you need to undertake the following steps:-

  • Or click on the direct link which will land you on the online application web page.
  • Click on submit.
  • Upload all the required documents.
  • After you have successfully submitted your application form, an acknowledgement number will be provided to you through your registered email.
  • Further correspondence will be made by the Divisional Office which is mentioned in the acknowledgement mail.
  • Only online applications are accepted. Hence please do not send hard copies of online applications as it is not required.
  • Students who have passed Class Xth examination in Academic year 2018-19 are eligible for the Regular scholarship scheme only if they are pursuing vocational courses through Government recognized colleges/Institutions or courses through ITI. Further details regarding marks etc are given under Golden Jubilee Scholarship scheme.
  • Students who have passed Class XIIth    examination in Academic year 2018-19, have to fill up details of marks obtained in 10th, 11th   and 12th standard all three years.
  • For the special Girl Child scholarship scheme, students should have passed Class Xth examination in Academic year 2018-19 and interested to pursue higher education in 10 + 2 pattern.
  • Students, who have passed their exams under CBSE or any other Board having Grading System, should enter the percentage equivalent to the grades allotted by the Board while filling up the relevant columns in the application.
  • Bank details are not mandatory at this stage. However in case you are submitting the bank details kindly ensure that they are accurate. Please confirm account number details where Zero is wrongly entered as Alphabet  “O”.

  • Once online application is submitted, the candidate will receive an acknowledgement at his/her E-mail Id.
  • Mobile Number of the candidate is compulsory.
  • After the last date, the applications received will be processed by the respective Divisions. In case the candidate is shortlisted, further communication regarding submission of application form and documents etc will be sent to the E-Mail Id given by the candidate. Hence you are requested to ensure that correct address and E-Mail id etc are given by you before submitting the form.
  • In case you are eligible and are not successful in submitting your online application and are getting a message "We are unable to process. Please contact the LIC office" kindly clear the cache memory and try again.
  • Kindly check whether you have filled up all the information correctly before clicking on the submit button
Source : LIC Official Website

As above


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