LIC Golden Jubilee Scholarship 2022: Life Insurance Corporation of India (LIC) invites online applications for the LIC Golden Jubilee scholarship 2022 Scheme from meritorious students of the economically backward society to give them financial assistance. The selection will beper Divisional Centre of LIC. The last date for submission of the online application is 18.12.2022.
1. LIC Regular Scholarships Scheme
- No of Scholarship:- 20 (10 each for boys and girls) per Divisional Centre of LIC
- Duration:- Scholarship shall be provided for the entire period of the course for Regular Scholars.
- Rate of Scholarship:- Rs. 20,000/- per annum will be awarded to the selected Regular Scholar and shall be payable in quarterly installments.
- Eligible criteria:-
(i) All candidates who have passed the Class XII exam (or its equivalent – Regular/Vocational)/ Diploma with at least 60% marks (or equivalent grade) in the Academic Year 2021-22 and whose parents/guardian have an annual income (from all sources) not exceeding Rs.2,50,000 per annum are eligible to apply for the scholarship. The grant is provided to students who are interested (and willing) to pursue higher education in the field of Medicine, Engineering, Graduation in any discipline, Integrated Courses, Diploma Course in any field or other equivalent courses, Vocational Courses through Government recognized Colleges/Institutes or courses in Industrial Training Institutes (ITIs).
(ii) All candidates who have passed the Class X exam (or its equivalent) with at least 60% marks (or equivalent grade) in the Academic Year 2021-22 and whose parents/guardians have an annual income (from all sources) not exceeding Rs.2,50,000 per annum. The grant is provided to students who are pursuing higher education in the field of Vocational / Diploma Courses through Government recognized colleges/ institutions or courses in Industrial Training Institutes (ITI).
2. LIC Special Scholarships for Girl Child
- No of Scholarship:- 10 per Divisional Centre of LIC
- Duration:- 2 years.
- Rate of Scholarship:- 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 quarterly installments.
- Eligible criteria:- To encourage education to the girl child, Special scholarship for Girl Child after class 10 for pursuing higher studies in Intermediate/10 + 2 pattern/ Vocational or Diploma Courses through Government recognized colleges/ institutions or courses in Industrial Training Institutes (ITI) for two years. Candidates who have passed the Class X exam (or its equivalent) with at least 60% marks (or equivalent grade) in the Academic Year 2021-22 and whose parents/guardians have an annual income (from all sources) not exceeding Rs. 2,50,000 per annum.
Other Conditions For LIC Golden Jubilee Scholarship 2022
(i) Relaxations in the upper limit of annual income criteria from the present Rs. 2.5 lakhs to Rs.4 lakhs shall be granted only in cases where a woman (widow/single mother/unmarried) is the sole bread earner of the family.
(ii) 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. The final Selection of candidates shall be done on merit based on the list of candidates eligible for selection in the descending order of marks obtained.
(iii) Candidates who gain lateral entry in 2 nd Year Engineering Degree courses or take regular admission in the 1 st Year of Engineering Degree courses after completing the Diploma shall be eligible for GJF Scholarship provided they have passed the Diploma with 60% in the immediately preceding academic year.
(iv) Out of the shortlisted candidates, Twenty (20) students will be selected under Regular Scholarship Scheme and ten (10) under the Girl Child Scholarship Scheme depending upon merit and eligibility by the Divisional Office for grant of scholarships.
The Scholarship amount will be transferred to the Bank Account of the selected scholar through NEFT. In case the candidate is selected for the scholarship, the Bank Account details and IFSC code and a copy of the canceled cheque with the name of the beneficiary are compulsory. In the case of merged banks, the new IFSC Code of the Bank should be mentioned. The Bank Account to which the amount is to be transferred has to be active and in case it is dormant, the same should be activated before the details are provided. The maximum balance allowed under the bank account should also be checked.
How to apply for LIC Golden Jubilee Scholarship 2022?
Only online applications are to be submitted through the link on the home page at www.licindia.in
Please do not send hard copies of online applications as it is not required and shall not be considered.
LIC Golden Jubilee Scholarship 2022 Apply Link
Once the online application is submitted, the candidate will get acknowledgment on the email ID provided by him in the online application. Further correspondence will be made by the Divisional Office which is mentioned in the acknowledgment mail.
The candidate should ensure to submit his correct email id and contact number for communication at a later date if required. For further details, candidates may refer to the document “Instructions to candidates for online submission of application for LIC GJF Scholarship Scheme 2022-23.
LIC Golden Jubilee Scholarship 2022 the last date is 18.12.2022.
Please check the LIC Golden Jubilee Scholarship 2022 official notification for more details.