LIC HFL Vidyadhan Scholarship 2024: Apply Online & Last Date

LIC HFL Vidyadhan Scholarship Apply Online & Application Form | LIC HFL Vidyadhan Scholarship Check Beneficiary Category & Last Date | LIC HFL Vidyadhan Scholarship Check Benefits & Features | LIC HFL Vidyadhan Scholarship Check Selection & Implementation Procedure | LIC HFL Vidyadhan Scholarship Check Eligibility & All Details | 

The LIC HFL Vidyadhan Scholarship is a prestigious initiative by LIC Housing Finance Limited (LIC HFL) that aims to provide financial support to deserving students across India. This scholarship program is designed to empower students from economically disadvantaged backgrounds to pursue higher education and fulfil their academic aspirations. 

This article will provide all types of information about the LIC HFL Vidyadhan Scholarship 2024 like purpose, Eligibility Criteria, Benefits, Features, important documents, etc. Apart from this, we will share the process to apply online for this scholarship. To get complete information about this scholarship, read this article till the end.

LIC HFL Vidyadhan Scholarship 

Education is a powerful tool that has the potential to transform lives and empower individuals. However, the cost of education can often be a barrier for many students, especially those from economically disadvantaged backgrounds. To bridge this gap and provide equal opportunities for all, the LIC HFL Vidyadhan Scholarship was introduced. This scholarship program aims to support meritorious students who face financial constraints in pursuing their higher education.

The LIC HFL Vidyadhan Scholarship is a beacon of hope for students facing financial constraints in pursuing their dreams. It not only provides financial assistance but also instils a sense of confidence and motivation in students. Through this scholarship program, LIC HFL is making a significant contribution towards building a more inclusive and equitable society.

Highlights of LIC HFL Vidyadhan Scholarship 2024

The highlights of this scholarship are as follows:- 

Objectives of LIC HFL Vidyadhan Scholarship 2024

The primary objective of the LIC HFL Vidyadhan Scholarship is to ensure that no deserving student is deprived of quality education due to financial limitations. By providing financial assistance, the scholarship program aims to enable students to pursue their academic aspirations without the burden of financial constraints. It strives to create a level playing field for students and empower them to achieve their full potential.

The LIC HFL Vidyadhan Scholarship is a comprehensive program that aims to provide financial support, mentorship opportunities, recognition, and community engagement to deserving students. By empowering students through this scholarship, LIC HFL is making a significant contribution to their educational journey and helping shape a brighter future for them. By providing financial support, LIC HFL is making a significant contribution towards creating a brighter future for deserving students across the country.

List of Covered Scholarships Under LIC HFL Vidyadhan Scholarship 

The list of covered scholarships is as follows:- 

• LIC HFL Vidyadhan Scholarship for Class 10 passed Students
• LIC HFL Vidyadhan Scholarship for Graduation Students
• LIC HFL Vidyadhan Scholarship for Post-graduation Students

LIC HFL Vidyadhan Scholarship for Class 10 Passed Students

The LIC HFL Vidyadhan Scholarship for Class 10 Passed Students is designed to encourage and assist meritorious students in their pursuit of higher education. Here are the key details:

This scholarship provides financial support to students who have successfully passed their Class 10 examinations and wish to continue their education.

Scholarship Amount

The selected students will receive a scholarship amount of INR 10,000 per year for the duration of their higher secondary education.

Eligibility Criteria

To be eligible for this scholarship, students must meet the following criteria:

• Must have passed Class 10 with a minimum aggregate percentage (as specified by LIC HFL).
• Should have secured admission to a recognized higher secondary school.
• Must have a strong academic record and demonstrate financial need.

LIC HFL Vidyadhan Scholarship for Graduation Students

The LIC HFL Vidyadhan Scholarship for Graduation Students aims to support students pursuing their undergraduate studies. Here are the key details:

This scholarship is intended to assist students who have completed their higher secondary education and wish to pursue graduation in any field of their choice.

Scholarship Amount

The selected students will receive a scholarship amount of INR 30,000 per year for the duration of their undergraduate course.

Eligibility Criteria

To be eligible for this scholarship, students must meet the following criteria:-

• Must have completed higher secondary education (Class 12) with a minimum aggregate percentage (as specified by LIC HFL).
• Should have secured admission in a recognized college or university for a full-time undergraduate program.
• Must have a strong academic record and demonstrate financial need.

LIC HFL Vidyadhan Scholarship for Post-Graduation Students

The LIC HFL Vidyadhan Scholarship for Post-Graduation Students aims to support students pursuing their post-graduate studies. Here are the key details:

This scholarship provides financial assistance to students who have completed their graduation and wish to pursue post-graduation in any field.

Scholarship Amount

The selected students will receive a scholarship amount of INR 50,000 per year for the duration of their post-graduate course.

Eligibility Criteria

To be eligible for this scholarship, students must meet the following criteria:-

• Must have completed their undergraduate studies with a minimum aggregate percentage (as specified by LIC HFL).
• Should have secured admission to a recognized university for a full-time post-graduate program.
• Must have a strong academic record and demonstrate financial need.

Beneficiary Category 

The LIC HFL Vidyadhan Scholarship is open to students belonging to various beneficiary categories. These categories include economically weaker sections of society, students with disabilities, and individuals from marginalized communities. The scholarship program aims to reach out to students from diverse backgrounds and provide them with equal education opportunities.

Application Enrollment Last Dates

Students interested in applying for the LIC HFL Vidyadhan Scholarship should take note of the application enrollment last dates. These dates are crucial as applications submitted after the deadline will not be considered. Students need to plan and submit their applications well in advance to avoid any last-minute hassles.

Selection Procedure 

The selection procedure for the LIC HFL Vidyadhan Scholarship is a rigorous and transparent process. The scholarship committee carefully evaluates the applications based on various criteria such as academic performance, financial need, and extracurricular achievements. Shortlisted candidates are then called for an interview or further assessment to determine their eligibility for the scholarship.

Implementation Procedure 

Once the selection process is complete, the implementation procedure for the LIC HFL Vidyadhan Scholarship begins. The scholarship amount is directly credited to the bank accounts of the selected students. This ensures a hassle-free and secure transfer of funds. The scholarship amount can be utilized by the students to cover their tuition fees, purchase study materials, or meet any other educational expenses.

Supervision Body 

The LIC HFL Vidyadhan Scholarship is supervised by a dedicated body that ensures the smooth functioning of the program. This body oversees the application process, selection procedure, and disbursal of funds. It works closely with educational institutions and other stakeholders to ensure that the scholarship reaches deserving students promptly.

Key Guidelines 

The key guidelines are as follows:- 

• Applicants must meet the eligibility criteria specified by the scholarship program.
• The scholarship is open to students pursuing undergraduate or postgraduate courses.
• Proof of income and other relevant documents may be required during the application process.
• Students must provide accurate and complete information in their application form.
• Renewal of the scholarship is subject to satisfactory academic performance.
• Students should maintain regular communication with the scholarship committee for any updates or queries.
• The scholarship amount is non-transferable and cannot be deferred to a later date.
• Students must adhere to the code of conduct and disciplinary rules of their educational institution.
• Any misrepresentation or falsification of information may lead to the cancellation of the scholarship.
• Students are encouraged to utilize the scholarship amount responsibly and for educational purposes only.

Important Instructions 

Some important instructions issued for applicants are as follows:- 

• Students should carefully read and understand the eligibility criteria before applying.
• Incomplete or incorrect applications will be rejected without any further consideration.
• Applicants should keep all the required documents ready before starting the application process.
• Students should regularly check the official website or notification portals for updates and announcements.
• The scholarship committee’s decision regarding the selection of candidates is final and binding.
• Students should maintain a valid email address and phone number for communication purposes.
• Applicants should not engage in any form of malpractice or unethical behaviour during the application process.
• Students should seek guidance from their educational institution or mentors if they require any assistance.
• Students need to keep a copy of their application form and other relevant documents for future reference.
• Students should submit their applications well before the deadline to avoid any last-minute technical issues.

Financial Support

The Scholarship offers financial assistance to students pursuing undergraduate and postgraduate degrees. This support helps alleviate the burden of educational expenses, including tuition fees, books, accommodation, and other related costs. By providing this financial support, LIC HFL aims to enable students to focus on their studies and achieve their academic goals without worrying about financial constraints.

Merit-Based Selection

The Vidyadhan Scholarship is awarded based on merit, ensuring that deserving students are recognized and supported. The selection process involves evaluating academic performance, extracurricular activities, and the overall potential of the applicants. This approach ensures that the scholarship is awarded to individuals who have demonstrated excellence in their chosen field.

Inclusive Approach

The Scholarship is open to students from all fields of study. Whether you are pursuing a degree in engineering, medicine, arts, commerce, or any other discipline, you are eligible to apply for this scholarship. This inclusive approach ensures that talented students from various backgrounds and fields of study have equal opportunities to receive financial support and recognition.

Easy Application Process

Applying for the Scholarship is a hassle-free process. Interested students can visit the official website of LIC HFL and fill out the online application form. The application form requires basic personal and academic information along with supporting documents such as educational certificates, income proof, and identification documents. The user-friendly interface and clear instructions make the application process simple and accessible to all.

Timely Disbursement

LIC HFL understands the importance of timely financial support for students. Therefore, the Vidyadhan Scholarship ensures that the selected students receive the scholarship amount promptly. This timely disbursement helps students meet their educational expenses without any delays, enabling them to focus on their studies and academic pursuits.

Eligible Degrees and Minimum Marks Cut-Off

The Vidyadhan Scholarship is available for both undergraduate and postgraduate degrees. However, there is a minimum mark cut-off requirement to be eligible for the scholarship. Applicants must have a certain percentage of marks in their previous qualifying examination to be considered for the scholarship. This criterion ensures that the scholarship is awarded to students who have consistently performed well academically.

Annual Income Limit

While the Vidyadhan Scholarship aims to support students from all economic backgrounds, there is an annual income limit for eligibility. This income limit ensures that the scholarship reaches those who genuinely require financial assistance. Students whose family income exceeds the specified limit may not be eligible for the scholarship.

Ineligible Beneficiaries

Although the Scholarship aims to support deserving students, there are certain criteria that may render applicants ineligible. Students who have already received scholarships from other sources or are employed full-time are not eligible for this scholarship. Additionally, individuals who are LIC HFL employees or their immediate family members are also excluded from applying for the scholarship.

Renewable Procedure

The Vidyadhan Scholarship is renewable for the duration of the student’s course, subject to meeting the specified academic performance criteria. This renewable procedure ensures that students who continue to excel academically receive ongoing financial support throughout their educational journey.

Mentorship Opportunities, Networking Events, & Internship Opportunities

Aside from financial support, the Scholarship offers additional benefits to its recipients. Scholars have access to mentorship opportunities, where they can receive guidance and support from industry experts and professionals. Networking events provide a platform for scholars to connect with like-minded individuals and build valuable relationships. Furthermore, scholars may also have the opportunity to secure internships with reputed organizations, enhancing their practical skills and industry exposure.

Recognition and Prestige

Being a recipient of the Scholarship brings recognition and prestige. This prestigious scholarship is highly regarded in the academic and professional world, adding value to the recipient’s resume and future endeavours. The recognition associated with the scholarship can open doors to various opportunities and contribute to the overall personal and professional growth of the recipients.

Community Engagement

LIC HFL believes in giving back to society and nurturing a sense of community among its scholars. The Vidyadhan Scholarship encourages community engagement by organizing social initiatives and events where scholars can actively participate and contribute to society. This community engagement fosters a sense of responsibility and instills values of empathy and compassion in the scholars.

Open to All Fields of Study

The Scholarship is not limited to any specific field of study. Whether you are pursuing engineering, medicine, arts, commerce, science, or any other discipline, you are eligible to apply for this scholarship. This inclusivity ensures that talented students from diverse academic backgrounds have equal opportunities to receive financial support and recognition.

Benefits of LIC HFL Vidyadhan Scholarship 2024

The benefits of this scholarship are as follows:-

• Financial Assistance: The LIC HFL Vidyadhan Scholarship provides financial aid to deserving students, helping them pursue their education without worrying about the financial burden.
• Merit-based: The scholarship is awarded based on merit, ensuring that talented and hardworking students are recognized and supported in their educational journey.
• Open to All: The scholarship is open to students from all backgrounds and streams, allowing equal opportunities for everyone to apply and benefit from the program.
• Flexible Usage: The scholarship amount can be used to cover various educational expenses, including tuition fees, books, study materials, and other related costs.
• Recognition and Prestige: Being a recipient of the LIC HFL Vidyadhan Scholarship adds prestige to a student’s academic profile and can enhance their future prospects.
• Encourages Higher Education: The scholarship program encourages students to pursue higher education by providing them with the necessary financial support.
• Boosts Confidence: By receiving the scholarship, students gain confidence in their abilities and feel motivated to excel academically.
• Networking Opportunities: The scholarship program provides students with opportunities to connect with other scholarship recipients, mentors, and professionals, expanding their network and opening doors to future collaborations.
• Supports Career Goals: The financial aid offered through the scholarship helps students focus on their studies and career goals without the added stress of financial constraints.
• Long-term Impact: The scholarship has a long-term impact on the lives of the recipients, as it empowers them to achieve their educational aspirations and build a successful future.

Features Of LIC HFL Vidyadhan Scholarship 2024

The features of this scholarship are as follows:-

• Financial Assistance: The LIC HFL Vidyadhan Scholarship provides financial aid to deserving students, helping them pursue their education without worrying about the financial burden.
• Merit-based: The scholarship is awarded based on merit, ensuring that talented and hardworking students are recognized and supported in their educational journey.
• Open to All: The scholarship is open to students from all backgrounds and streams, allowing equal opportunities for everyone to apply and benefit from the program.
• Flexible Usage: The scholarship amount can be used to cover various educational expenses, including tuition fees, books, study materials, and other related costs.
• Recognition and Prestige: Being a recipient of the LIC HFL Vidyadhan Scholarship adds prestige to a student’s academic profile and can enhance their future prospects.
• Encourages Higher Education: The scholarship program encourages students to pursue higher education by providing them with the necessary financial support.
• Boosts Confidence: By receiving the scholarship, students gain confidence in their abilities and feel motivated to excel academically.
• Networking Opportunities: The scholarship program provides students with opportunities to connect with other scholarship recipients, mentors, and professionals, expanding their network and opening doors to future collaborations.
• Supports Career Goals: The financial aid offered through the scholarship helps students focus on their studies and career goals without the added stress of financial constraints.
• Long-term Impact: The scholarship has a long-term impact on the lives of the recipients, as it empowers them to achieve their educational aspirations and build a successful future.

Important Documents 

Some of the important documents required to apply online for this scholarship are as follows:-

• Aadhar Card
• Residence Certificate
• Income Certificate 
• Educational Certificates 
• Bank Account Details 
• Latest Passport Size Photos 
• Mobile No
• Email ID 

LIC HFL Vidyadhan Scholarship Apply Online 2024 

As this scholarship has been recently launched no such information has been released with the help of various social networking sites regarding the application procedure to apply online for the LIC HFL Vidyadhan Scholarship. Whenever the application procedure will be launched, we will update you through this article otherwise, the applicant can visit the Official Website.

Getting Contact Details

The applicants will need to follow the below-mentioned points to get contact details:-

• The applicant will need first to visit the official website.
• The homepage will be displayed on your screen.
• Look at the top side of the screen.
• Now you will need to click on the Contact Us link.

• The contact details will be displayed on the screen.

Contact Information

In case of queries and questions come to your mind regarding the LIC HFL Vidyadhan Scholarship, then you may contact this mentioned phone No, & email ID:-

• Phone number:- 011-430-92248 (Ext-143)
• Email ID:- [email protected]

Top 10 FAQs

1. What is LIC HFL Vidyadhan Scholarship?

LIC HFL Vidyadhan Scholarship is a scholarship program offered by LIC Housing Finance Limited to support meritorious students from financially disadvantaged backgrounds in pursuing higher education.

2. Who is eligible to apply for the scholarship?

Students who have passed Class 10 or Class 12 exams with a minimum of 60% marks and have secured admission to a government-recognized college or university for a full-time course are eligible to apply for the scholarship.

3. How can I apply for the scholarship?

You can apply for the scholarship online through the official website of LIC Housing Finance Limited. The application process involves filling out the online application form and uploading the required documents.

4. What is the selection criteria for the scholarship?

The selection of candidates for the scholarship is based on their academic performance, financial need, and any other criteria specified by LIC Housing Finance Limited.

5. How much is the scholarship amount?

The scholarship amount varies depending on the course and level of study of the student. The scholarship amount is typically between Rs. 20,000 to Rs. 30,000 per annum.

6. How long is the scholarship valid for?

The scholarship is valid for one academic year and can be renewed for up to the duration of the course, subject to the student maintaining the required academic performance.

7. Can I apply for the scholarship if I am already receiving financial aid from another source?

Yes, you can still apply for the scholarship if you are already receiving financial aid from another source. However, you will need to disclose this information in your application.

8. Can I apply for the scholarship if I am pursuing a distance education course?

No, the scholarship is only available for students pursuing full-time courses in government-recognized colleges or universities.

9. When is the deadline to apply for the scholarship?

The deadline to apply for the scholarship is typically in the month of June. However, it is recommended to check the official website for the exact deadline each year.

10. How can I contact LIC Housing Finance Limited for more information about the scholarship?

You can contact LIC Housing Finance Limited through their official website or customer service helpline for more information about the scholarship program.