LIC Golden Jubilee Scholarship 2024: Apply Online, Eligibility & Last Date

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To provide financial help to those students who are facing financial problems in their studies, the Life Insurance Corporation of India has launched a new scholarship known as the LIC Golden Jubilee Scholarship. This scholarship was started on the Golden Jubilee of LIC. Under this scholarship, financial assistance will be provided to the students who are willing to study but their financial condition is prohibiting them from doing so. Today in this article we will tell you everything about the LIC Golden Jubilee Scholarship 2024 including objectives, eligibility criteria, and important documents. If you want to know everything about this scholarship you have to read our article from the top to the end.

About LIC Golden Jubilee Scholarship

The Life Insurance Corporation of India has launched a new scholarship for those students who are having financial problems in doing their studies. The scholarship is known as the LIC Golden Jubilee Scholarship. The scholarship financial aid will be provided to the students so that they can continue their studies without having any difficulty. This scholarship is a one-time stop for those students who belong to ST, SC, OBC, And General Category. The students can easily apply for their desired scholarship according to their category and caste. The interested applicants should visit the official website of this scholarship and can apply online with the required documents.

Details About LIC Golden Jubilee Scholarship

Details about this scholarship are as follows:-

Objectives Of LIC Golden Jubilee Scholarship

The main objective of launching this scholarship is to provide financial services to the students who are not able to pay the higher fees of their schools and colleges. The Golden Jubilee Scholarship is especially for those students who do not have enough points to continue their education. It will help the students of the country to make the future better for tomorrow. If you are financially weak and searching for the opportunity to continue your higher education then this is the best option for you. This Scholarship has been launched on the occasion of the Golden Jubilee of LIC. Through this scholarship, the dropout rate in our country will decrease. The literacy ratio in our country will also increase with the help of this scholarship. 

PFMS Scholarship

Beneficiary Category

The LIC Golden Jubilee Scholarship is a prestigious scholarship program offered by the Life Insurance Corporation of India (LIC) to support the education of meritorious students belonging to economically weaker sections of society. This scholarship aims to provide financial assistance to students who have the potential to excel academically but lack the means to pursue higher education.

Application Enrollment and Last Dates

The application process for the LIC Golden Jubilee Scholarship usually begins in the month of August every year. Interested students can apply online through the official LIC website. The last date for application submission is typically in the month of September or October. It is important for applicants to carefully check the official notification for the current year to confirm the exact dates.

Selection Procedure

The selection of candidates for the LIC Golden Jubilee Scholarship is based on their academic performance and financial background. The LIC scholarship committee evaluates the applications and shortlists deserving candidates for further consideration. The final selection is made through a transparent and merit-based process.

Implementation Procedure

Once the selection process is complete, the LIC scholarship is implemented by disbursing the scholarship amount directly to the bank accounts of the selected students. The scholarship amount is usually paid in installments, and the frequency of disbursement may vary depending on the student’s academic performance and the guidelines set by LIC.

Supervision Body

The LIC Golden Jubilee Scholarship program is overseen by a dedicated committee appointed by LIC. This committee is responsible for ensuring the smooth implementation of the scholarship program and addressing any queries or concerns raised by the beneficiaries. The committee also monitors the progress of the students and may provide additional support or guidance if required.

Key Guidelines

• Applicants must be Indian citizens and should have passed the Class 12 examination with a minimum of 60% marks.
• The annual family income of the applicant should not exceed a certain threshold, as specified by LIC.
• Students pursuing higher education in any discipline, including technical and professional courses, are eligible to apply for the scholarship.
• Preference may be given to students from economically weaker sections, including scheduled castes, scheduled tribes, and other backward classes.
• Applicants should provide accurate and complete information in the application form, including details of their educational qualifications and financial background.
• Applicants must submit all the required documents, such as income certificates, mark sheets, and proof of admission to the educational institution.
• The scholarship amount is subject to renewal every year based on the student’s academic performance and adherence to the scholarship guidelines.
• Beneficiaries are expected to maintain regular attendance and good conduct throughout the duration of their course.
• Students who discontinue their studies or fail to meet the scholarship requirements may have their scholarship revoked.
• Any false information or misrepresentation in the application may lead to disqualification.

Important Instructions

• Applicants should read the official notification carefully before applying to ensure they meet all the eligibility criteria.
• The online application form should be filled accurately, and all the required documents should be uploaded in the specified format.
• Applicants should keep a copy of the submitted application form and the acknowledgment receipt for future reference.
• Any communication from LIC regarding the scholarship will be sent to the registered email address and mobile number provided by the applicant.
• Applicants should regularly check their email and SMS inbox for updates and notifications from LIC.
• It is advisable to keep all the necessary documents ready in advance to avoid any last-minute rush or inconvenience.
• Applicants should not submit multiple applications as it may lead to disqualification.
• Any changes or updates to the scholarship program will be communicated through the official LIC website and other authorized channels.
• Applicants should not fall prey to any fraudulent activities or individuals claiming to have influence over the scholarship selection process.
• For any queries or assistance regarding the LIC Golden Jubilee Scholarship, applicants can contact the designated helpline numbers provided by LIC.

Tips and Tricks

• Start the application process early to avoid any last-minute technical glitches or server issues.
• Double-check all the information filled in the application form before submitting to ensure accuracy.
• Prepare a checklist of all the required documents and gather them in advance to streamline the application process.
• Write a compelling and concise statement of purpose highlighting your academic achievements and financial need.
• Seek guidance from teachers, mentors, or counselors while filling the application form or preparing the required documents.
• Keep track of the important dates and deadlines to ensure timely submission of the application.
• Stay updated with the latest news and announcements related to the LIC Golden Jubilee Scholarship through reliable sources.
• Prepare for the interview, if applicable, by practicing common interview questions and showcasing your passion for education.
• Follow up with LIC after submitting the application to confirm the successful submission and to address any concerns or queries.
• Stay positive and optimistic throughout the application process, and believe in your abilities to secure the scholarship.

General Points to Remember

It is important for applicants to remember that the LIC Golden Jubilee Scholarship is a highly competitive scholarship program, and meeting the eligibility criteria does not guarantee selection. It is crucial to put in sincere efforts while filling the application form and to provide accurate and honest information. The scholarship provides a valuable opportunity to deserving students to pursue their dreams and build a bright future. Therefore, it is essential to approach the application process with dedication, perseverance, and a strong belief in one’s abilities.

Document Verification and Approval

After the submission of the application, LIC verifies the documents provided by the applicants. It is essential for the applicants to ensure that all the documents are authentic and meet the specified requirements. Once the verification process is complete, the selected candidates are notified about the approval of their scholarship.

Renewal of Scholarship

The LIC Golden Jubilee Scholarship is usually renewable every year, subject to the student’s satisfactory academic performance and adherence to the scholarship guidelines. Beneficiaries need to maintain a certain level of academic excellence and follow the rules and regulations set by LIC to continue receiving the scholarship amount. The renewal process typically requires the submission of updated documents and a review of the student’s progress.

Rewards Under Golden Jubilee Scholarship

The list of rewards under this scholarship is as follows:-

• An amount of Rs.20,000/- per annum will award to the selected Regular Scholar and shall be payable in three Quarterly instalments.
• An amount of Rs.10,000/ per annum will award for selected Special Girl Child pursuing studies in the 10 + 2 Course and scholarship shall be payable in three quarterly instalments.
• The scholarship shall be provided for the entire duration of the course for Regular Scholars and for two years for Special Girl Scholar, subject to the candidate fulfilling the requisite eligibility conditions for renewal.

Terms And Conditions

The application should have to follow the given terms and conditions to apply under this scholarship that is as follows:-

• The scholarship will be cancelled immediately and, at the discretion of the LIC Divisional Administration concerned. The balance of the scholarship paid will be restored if the applicant is found to have earned the scholarship by false statements/certificates.
• This Foundation (LICGJF) will take the initiative in developing a comprehensive system for the collection and sanctioning of the LIC scholarship for students who have been shortlisted.
• LICGJF will conduct the evaluation of the scheme at regular intervals.
• At the discretion of the LIC Golden Jubilee Foundation Board of Trustees, the regulations can be changed at any time.
• Candidates will be chosen purely on the basis of merit (percentage of marks in class 10th and 12th and family background). Preference is granted in ascending order of income to students with the lowest annual family income.
• In the final review of the program, students must achieve better than 50 percentage points throughout graduate courses in Science/Commerce/Arts and 55 per cent in academic disciplines or corresponding rank to retain the scholarship for the next year.
• In a household, only one nominee can earn a scholarship.
• To continue the scholarship, the candidate should attend the classes regularly.
• If an applicant breaks certain terms and conditions, the grant may revoke or cancel.

Benefits & Features Of LIC Golden Jubilee Scholarship

The benefits and features of this scholarship are as follows:-

• With the help of this scholarship, educational opportunities will be provided to the Student Of the state.
• The students will be able to continue their education without worrying about any financial hurdles.
• LIC Golden Jubilee Scholarship will help the student to create their future better for tomorrow.
• It will help the student to focus on their role as the student will be free from all kinds of financial burdens.
• With the help of the LIC Golden Jubilee Scholarship, students of the country will be able to stand on their own feet by getting a better future.
• Interested applicants should visit the official website and can easily apply online. 
• This scholarship will help the students of the state to pursue higher education of their choice.
• The applicant should have completed the given eligibility criteria to apply under Golden Jubilee Scholarship.
• If you belong to a weaker section of the society, this scholarship is waiting for you.
• The applicant can only apply under this scheme if he or she is a permanent resident of India.
• With the help of this scholarship the literacy ratio will increase in our country.

Eligibility Criteria 

The eligibility criteria of LIC Golden Jubilee Scholarship is as follows:-

• Applicants who have passed with 60% marks in 10th and 12th exams are eligible.
• The annual income of the family should not be more than 1 lac per annum.
• The girl applicants who have passed 10th with 60% marks are eligible.
• Any inaccurate information given by the applicant will result in the cancellation of the scholarship.
• The candidates who are interested in further studies are eligible for the scholarship.
• This scholarship is not destine for post-graduation.
• Any incorrect information provided by the candidates may result in the cancellation of their scholarship.
• Contestants who wish to pursue further studies are only eligible to apply for the scholarship.
• Applicants who wish to pursue any diploma or ITI or graduate or postgraduate studies in any discipline in any private colleges are eligible to apply.
• Renewal of the scholarship is required.
• Golden Jubilee Scholarship Foundation can change the scheme at any time
• The Regular scholarship should strictly be provided only to students who are going for under-graduation (or its equivalent). This scholarship is not meant for post-graduation studies.

Important Documents

The list of some important documents that are required under the LIC Golden Jubilee Scholarship is as follows:-

• Aadhar Card
• Identity Card
• Educational qualification document
• Passport size photographs
• Bank account passbook
• Contact number
• Income certificate

Apply Online Under LIC Golden Jubilee Scholarship 2024

The interested applicants who want to apply under this scholarship should follow the procedure that is as follows:-

• Firstly visit the Official Website of Life Insurance Corporation of India.

• Home page will appear in front of you.
• Click on the Apply Online option.

• A new application form will appear in front of you.
• Enter all the required details.
• Attach all the required documents.
• Click on the submit option.

Helpline Number

The helpline numbers are as follows:-

• Life Insurance Corporation of India – Corporate Office- Yogakshema Building, Jeevan Bima Marg, P.O. Box No – 19953, Mumbai – 400 021 IRDA Reg No- 512

Top 10 FAQs: Tibetan Scholarship Program (TSP)

The Tibetan Scholarship Program (TSP) supports Tibetan refugees residing in India, Nepal, and Bhutan to pursue Master’s degrees in the United States. Here are the FAQs:-

1. Who is eligible for the Tibetan Scholarship Program?

• Tibetan refugees residing in India, Nepal, or Bhutan.
• Completed at least four years of academic work after Class XII (including a Bachelor’s Degree).
• Minimum of 45% marks in Bachelor’s Degree program (subject to change).
• Age requirement might exist (check program guidelines).

2. What are the benefits of the Tibetan Scholarship Program?

• Covers a significant portion of tuition fees at a U.S. university (check program details).
• May include living stipend and health insurance.

3. When and how can I apply?

• Application periods typically occur in September/October. Apply through the Central Tibetan Administration’s (CTA) Department of Education website (link might change).

4. What documents are typically required for applications?

• Completed application form
• Academic transcripts (Bachelor’s Degree)
• Standardized test scores (TOEFL/GRE if required by program)
• Letters of recommendation
• Proof of refugee status
• Financial documents (income proof)

5. Are there specific courses eligible for the scholarship?

• No, the scholarship is generally open to most Master’s degree programs offered by U.S. universities. However, specific exclusions might exist (check program details).

6. Is there a separate entrance exam for the program?

• No separate entrance exam is required. Selection is based on academic merit, interview performance, and program suitability.

7. Can I renew the scholarship for subsequent years?

• The scholarship is typically for a two-year Master’s program. Renewal is unlikely.

8. Where can I find the official application link and detailed guidelines?

• Look for the scholarship section on the Central Tibetan Administration’s Department of Education website. Search for “[Year] Tibetan Scholarship Program” or similar keywords.

9. Are there any alternative scholarship options for Tibetan students?

• Yes, explore options offered by:
  • Other scholarship programs supporting Tibetan students (search online)
  • U.S. universities you plan to attend (they might offer international student scholarships)

10. How can I improve my chances of getting the Tibetan Scholarship Program?

• Maintain a strong academic record in your Bachelor’s degree program.
• Achieve good scores on standardized tests like TOEFL/GRE if required.
• Prepare a compelling application essay highlighting your academic goals and suitability for the program.
• Secure strong letters of recommendation from professors familiar with your work.