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LIC Golden Jubilee Scholarship Scheme 2022 | Submit Online Application

LIC Golden Jubilee Scholarship Scheme 2022 | Submit Online Application

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✅ Brief Information of LIC Golden Jubilee Scholarship Scheme 2022

The official notification of the LIC Golden Jubilee Scholarship Scheme 2022 has been announced by the LIC Golden Jubilee Foundation. The LIC Golden Jubilee Scholarship Scheme provides excellent students from economically challenged households with greater possibilities for further education and so increases their employability. Interested and qualified applicants may apply online here until December 18, 2022.

✅ LIC Golden Jubilee Scholarship Scheme 2022 Details:

Name of Scholarship: LIC Golden Jubilee Scholarship Scheme

Name of Awarding Authority:
LIC Golden Jubilee Foundation

Academic Session:
 2022-2023

Mode of Application:
Online

Last Date:
18th December 2022

✅ Objective:

The objective of the scheme is to award scholarships to meritorious students belonging to Economically Weaker Sections so as to provide them with better opportunities for higher education and employment.

✅ Scope:

The scholarship is to be awarded for studies in India in a government or private college/university. It will also cover technical and vocational courses in Industrial Training Institutes/ Industrial Training Centres affiliated with the National Council for Vocational Training (NCVT) and also Integrated Courses after XII Std.

✅ Department Name:

LIC Golden Jubilee Foundation

www. . .com

✅ Eligibility Criteria of LIC Golden Jubilee Scholarship Scheme 2022:

For Regular Scholar

  • 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/guardians have an annual income (from all sources) not exceeding Rs.2,50,000 per annum* (please refer clause 6 (i) – relaxation) are eligible to apply for a 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).
  • 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).


For Special Girl Child Scholar

  • To encourage education to a girl child, a Special scholarship for a 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.

Note: The Regular scholarship should strictly be provided only to students who are going for under-graduation (or its equivalent including Integrated Courses). This scholarship is not meant for post-graduation studies.

✅ Duration:

Scholarship shall be provided for the entire duration of the course for Regular Scholars and two years for Special Girl Scholar, subject to the candidate fulfilling the requisite eligibility conditions for renewal.

✅ Rate of Scholarship:

  1. An amount of Rs. 20,000/- per annum will be awarded to the selected Regular Scholar and shall be payable in three instalments.
  2. An amount of Rs.10,000/ per annum will be awarded for the selected Special Girl Child and the scholarship shall be payable in three instalments.

The Scholarship amount will be transferred to the Bank Account of the selected scholar through NEFT. In case the candidate is selected for a scholarship, the Bank Account details and IFSC code and a copy of the cancelled 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.

✅ Important Dates of LIC Golden Jubilee Scholarship 2022:

  1. Starting date for submission of the online application is 26-11-2022
  2. The last date of submission of the online application is 18-12-2022

✅ Condition for LIC Golden Jubilee Scholarship Scheme 2022:

(i) 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. 2,50,000/- per annum.
 

Relaxations in 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) In case of a tie in the percentage of marks, students whose parents is having the lowest income shall be given preference.

(iv) 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.

(v) Candidates who change their stream after getting selected for a Scholarship and the course duration is greater than the stream for which the student is selected, such students will continue to receive the scholarship only for the duration for which they were originally selected. However, if the candidate switches to a stream with a lesser duration, then the scholarship will be payable for the duration of the stream with a lesser duration.

(vi) Candidates who are pursuing courses under any stream through Correspondence or Part Time (Evening or Night Classes) / private candidates shall not be eligible for a Scholarship.

(vii) Candidates desirous of pursuing a Diploma course in any stream after Class X will be allowed scholarships under the ‘Special Girl Scholar’ or ‘Regular Scholar’ category.

(viii) Candidates passing Class XII (vocational) and pursuing studies in any stream as approved under the Scholarship Scheme 2022 will be considered for a scholarship.

(ix) 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 the scholarship is awarded, failing which the scholarship will be discontinued.

(x) Candidates selected under the category ‘Special Girl Child’ should secure 50% marks in 11th std to become eligible for a renewal scholarship.

(xi) Scholarship will not be given to more than one student in a family.

(xii) The students should be regular in attendance for which the yardstick shall be decided by the competent authority of the school/college/university.

(xiii) 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 the revenue department) such as land held in the name of parents.

(xiv) If a student violates any terms and conditions of the scholarship, the scholarship may be suspended or canceled.

(xv) If a student is found to have obtained a scholarship by false statement/certificates, his/her scholarship shall be canceled forthwith and the amount of the scholarship paid shall be recovered, at the discretion of the concerned Divisional Administration of LIC.

(xvi) 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

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✅ How to Apply LIC Golden Jubilee Scholarship Scheme 2022

  • LIC Golden Jubilee Scholarship Scheme 2022.

Interested and qualified candidates may apply for these scholarships online at the LIC Golden Jubilee Scholarship Scheme Portal. To apply online, candidates should follow the steps outlined below.

  • Scroll down to the section Important Link.
  • Click “Apply Online” and finish the registration procedure.
  • In the following stage, click on the Registration Link (if you haven’t already) or log in.
  • Kindly Fill out your basic details and upload your Photo, Sign, ID Proof, and other Documents as per requirement.
  • Read the Full Advertisement for More Details about the Scholarship.
  • Check Your full Details preview before submitting Application Form.
  • Finally, enter your bank account information and submit the form.
  • Take a printout of submitting the final form for further process.

✅ Important Links

Apply Online Click Here
Download Advertisement Click Here
Official Website Click Here

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