LIC Golden Jubilee Foundation Scholarship
Typically opens September–October. Verify on the LIC Golden Jubilee Foundation site.
- Amount
- ₹5,000–₹20,000 per year
- Who can apply
- Students studying in class 10+2, ITI, diploma or degree courses, with at least 60% marks (50% for disabled).
- Income limit
- Family income below ₹4.5 lakh per year
- Study level
- Class 11-12, College / UG, Diploma
- Apply through
- LIC Foundation portal / offline application
- Notes
- Foundation-run; also offers scholarships for disabled students (30 slots).
About this scholarship
The LIC Golden Jubilee Scholarship is a highly sought-after corporate social responsibility initiative by the Life Insurance Corporation of India. It is targeted at meritorious students from economically weaker families who have recently passed their Class 10 or Class 12 board exams. The scheme is aimed at providing critical financial assistance so these students can pursue higher education in medicine, engineering, regular graduation, or vocational courses. Selection is fiercely competitive and relies on a combination of high board exam marks and low family income, with a fixed number of scholarships allocated to each LIC Divisional Centre across the country. It provides a substantial annual grant, usually paid in installments, for the entire duration of the chosen course. A special feature of the scheme is a dedicated quota for girl students pursuing post-graduation or continuing their higher studies. To maintain the scholarship, students must secure a minimum required percentage in their university exams every year.
Documents you need
- Class 10 or Class 12 marksheet
- Family income certificate
- Proof of admission in a recognised college or ITI
- Aadhaar card
- Bank passbook
- Passport-size photograph
How to apply
- Wait for the official notification, which usually appears in major newspapers and on the LIC India website (licindia.in) after board results.
- Fill out the online application form on the LIC portal accurately.
- If shortlisted, you will be contacted by the local LIC Divisional Office to submit physical copies of your documents for verification.
- Maintain your academic performance and submit your marksheets to the LIC office annually for renewal.
Why applications get rejected
- Applying if your family income is above the threshold; the scheme strictly filters out higher-income applicants.
- Entering incorrect contact details in the online form, making it impossible for the LIC office to reach out if you are shortlisted.
- Failing to provide genuine income proof when called for physical verification.
Common questions
What is the income limit for the LIC Golden Jubilee Scholarship?
The total family income from all sources must not exceed ₹4.5 lakh per annum.
Do I need to be an LIC policyholder to apply?
No, the scholarship is open to all eligible students, regardless of whether they or their parents hold an LIC policy.
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