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. The Scheme is officially launched by licindia.in.
LIC Golden Jubilee Scholarship 2024 Scheme
The scholarship is to be awarded for students studying in India in a Government or Private college/ university. It shall 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. Scholarships shall be of two types; General Scholarship and Special Scholarship for Girl Child.Application is open for LIC GJF 2024 from the Eligible students for extremely waited LIC Golden Jubilee Scholarships 2024. Details of the LIC GJF 2024, Eligibility, How to Apply, Mode of Application, Selection Process explained below.
LIC Golden Jubilee Scholarships Scheme Overview
Details of LIC Golden Jubilee Scholarships How to APPLY - APPLICATION Process
DETAILS OF LIC GOLDEN JUBILEE SCHOLARSHIPS:
Objective of the LIC Golden Jubilee Scholarships Scheme:The objective of the scheme is to award scholarships to meritorious students belonging to economically weaker families so as to provide them better opportunities for higher education and thus enhance their employability.| LIC Golden Jubilee Scholarshp 2022 Overview | |
|---|---|
| Scholarship Name | LIC GJC 2024- LIC Golden Jubilee Scholarship 2024 |
| Name of the Company Offering Scholarship | LIC Life Insurance Corporation of India |
| Academic Year | 2023-24 |
| Eligibility (Courses)- | Passed Class X or XII in 2023-24 with 60% Marks studying higher studies now |
| Scholarship Amount | Rs 20000-Rs 40000 |
| Application Mode | Online |
| Official Website | licindia.in |
| Telegram News Channel | Click Here to Join |
LIC Golden Jubilee Scholarship 2024 at licindia.in
The scholarship is to be awarded for students studying in India in a Government or Private college/university. It shall 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. Scholarships shall be of two types; General Scholarship and Special Scholarship for Girl Child.Eligibility for LIC Golden Foundation Scholarship 2024
Golden Jubilee Foundation :Candidates who meet following criteria are eligible to apply for scholarship.[A] . General Scholarship
a) – After Class 12th (XII):
b) – After Class 10th (X):
[B] . Special Scholarship for Girl Child (For Two Years)
1. Female Candidates who have passed Class X exam (or its equivalent) with at least 60% marks or equivalent CGPA grade in the Academic Year 2021- 2022/2022-23/2023-24, and
2. Have taken admission in the academic year 2024-25 for pursuing higher studies in the first year of Intermediate/10 + 2 pattern/ Vocational or Diploma Courses through Government recognized colleges/ institutions or courses in Industrial Training Institutes (ITI) for two years, and
3. Have parents/guardian with an annual income (from all sources) not exceeding Rs. 2,50,000 per annum . (please refer clause 7 (ii) – for relaxation) .
Golden Jubilee Foundation
An amount of Rs. 15,000/- per annum will be awarded to selected Girl Child for Special Scholarship after class 10th 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 and shall be payable every year in two instalments of Rs.7500/- each during the duration of the course, subject to eligibility.
a) – After Class 12th (XII):
- 1. All candidates who have passed Class XII exam (or its equivalent – Regular/Vocational) / Diploma with at least 60% marks or equivalent CGPA grade in the Academic Year 2021-22/2022-23/2023-24, and
- 2. Have taken admission in the academic year 2024-25 for pursuing first year degree course 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), and
- 3. Have parents/guardian with an annual income (from all sources) not exceeding Rs.2,50,000 per annum (please refer clause 7 (ii) – for relaxation) .
b) – After Class 10th (X):
- 1. All candidates who have passed Class X exam (or its equivalent) with at least 60% marks or equivalent CGPA grade in the Academic Year 2021-22/2022-23/2023-24, and
- 2. Have taken admission in the academic year 2024-25 for pursuing first year education in the field of Vocational / Diploma Courses through Govt. recognized colleges/institutions or courses in Industrial Training Institutes (ITI), and
- 3. Have parents/guardian with an annual income (from all sources) not exceeding Rs.2,50,000 per annum . (Please refer clause 7 (ii) – for relaxation) .
[B] . Special Scholarship for Girl Child (For Two Years)
1. Female Candidates who have passed Class X exam (or its equivalent) with at least 60% marks or equivalent CGPA grade in the Academic Year 2021- 2022/2022-23/2023-24, and
2. Have taken admission in the academic year 2024-25 for pursuing higher studies in the first year of Intermediate/10 + 2 pattern/ Vocational or Diploma Courses through Government recognized colleges/ institutions or courses in Industrial Training Institutes (ITI) for two years, and
3. Have parents/guardian with an annual income (from all sources) not exceeding Rs. 2,50,000 per annum . (please refer clause 7 (ii) – for relaxation) .
Duration of LIC GJF Scholarship 2024
Scholarship shall be provided for the entire duration of the course under General Scholarships and for two years under Special Girl Scholar, subject to the candidate fulfilling requisite eligibility conditions for renewal.Amount of LIC Golden Jubilee Scholarship 2024
[A] . General ScholarshipGolden Jubilee Foundation
- a) An amount of Rs.40,000/- per annum, will be awarded to the selected Scholar who pursues higher education in the field of Medicine (MBBS, BAMS, BHMS, BDS) and shall be payable every year in two instalments Rs.20000/- each during the duration of the course, subject to eligibility.
- b) An amount of Rs.30,000/- per annum, will be awarded to the selected Scholar who pursues higher education in the field of Engineering (BE, BTECH, BArch) and shall be payable every year in two instalments of Rs.15000/- each during the duration of the course, subject to eligibility.
- c) An amount of Rs.20,000/- per annum will be awarded to the selected Scholars who pursues education in the field of 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) and shall be payable every year in two instalments of Rs.10000/- each during the duration of the course, subject to eligibility.
An amount of Rs. 15,000/- per annum will be awarded to selected Girl Child for Special Scholarship after class 10th 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 and shall be payable every year in two instalments of Rs.7500/- each during the duration of the course, subject to eligibility.
Payment of LIC Golden Jubilee 2024 Scholarship
The above rates of Scholarship are applicable for new entrants only. Students who are already receiving scholarship from LIC GJF from the earlier years shall continue to draw scholarships at the same rate fixed at the time of their selection till the completion of their course.The Scholarship amount will be transferred to Bank Account of the selected scholar through NEFT. In case the candidate is selected for scholarship, the Bank Account details and IFSC code and copy of cancelled cheque with name of beneficiary is compulsory.
In case of merged banks, the new IFSC Code of the Bank should be mentioned. The Bank Account to which the amount to be transferred has to be active and in case it is dormant, the same should be activated before the details are provided. Maximum balance allowed under the bank account should also be checked.
Conditions for Award of LIC Golden Jubilee Scholarships 2024
(i) This scholarship is not meant for post-graduation studies.(ii) Candidates are eligible for scholarship if they secured at least 60% marks or equivalent CGPA grade in the previous final examination and the their parents / guardians total annual income 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.
iii) Short listing and final selection of candidates shall be done on merit based on percentage of marks obtained in class 12th /10th. Candidates who apply for ‘Regular Scholarship’ category after completing their 12th will be given priority over those who apply after completing their 10th std during the selection process.
(iv) In the event of tie in the percentage of marks, preference will be given to students whose parents have the lower income.
(v) Candidates who are already receiving Scholarship from other Trust / Institution will not be considered for LIC GJF Scholarship. This rule does not apply to candidates who are receiving Scholarships from the Government (State or Central) either at the time of selection or after being selected for Golden Jubilee Scholarship Scheme.
(vi) Candidates who gain lateral entry in 2nd Year Engineering Degree courses or take regular admission in the 1st Year of Engineering Degree courses after completing Diploma shall be eligible for GJF Scholarship provided they have passed Diploma with 60% or equivalent CGPA grade in the academic year 2021-22/2022 - 23/2023-24 .
(vii) Candidates passing Class XII (vocational) and pursuing studies in any stream as laid down under the Scholarship Scheme 2023 will be considered for scholarship.
(viii) Candidates who change their stream after getting selected for Scholarship and the course duration is greater than the stream for which the student is selected, such students will continue to receive scholarship only for the duration for which they were originally selected. However, if candidate switches to a stream with lesser duration, then scholarship will be payable for the duration of the stream with lesser duration .
(ix) Candidates who are pursuing courses under any stream through Correspondence or Part Time (Evening or Night Classes) and/or through Open Universities are not be eligible for Scholarship.
(x) Candidates who are pursuing Chartered Accountant (C.A)/CS/ICWA or similar self study courses are not eligible for Scholarship.
(xi) If there are insufficient applicants for ‘Special Scholarship for Girl’ category, Female candidates pursuing Diploma course in any stream after Class X who had applied for ‘Regular Scholarship’ category but do not qualify for final selection may be considered for ‘Special Scholarship for Girl’ . However, scholarship tenure will be limited to TWO years & scholarship amount will be lesser as per category. This information must be communicated to the candidate and consent must be obtained before finalising the selection.
(xii) For continuation of General scholarship under Medical and Engineering stream, the candidate must secure at least 55% marks or equivalent SGPA & CGPA grade with pass in all subjects in the previous Semester examination of the course for which scholarship is awarded, failing which the scholarship will be discontinued. If candidate fails to clear any Semester with required percentage or equivalent CGPA/SGPA grade then candidates loses eligibility for further scholarship.
(xiii) For continuation of General Scholarship under Graduation (Ars/Science/Commerce) and other courses, the candidate must secure at least 50% marks or equivalent SGPA & CGPA grade in the previous Semester examination of the course for which scholarship is awarded, failing which the scholarship will be discontinued. If candidate fails to clear any Semester with required percentage or equivalent CGPA/SGPA grade then candidates loses eligibility for further scholarship.
(xiv) To continue receiving scholarship under ‘Special Scholarship for Girl’ category, candidate must secure at least 50% marks and pass all subjects in 11thstd examination .
(xv) As a rule Scholarship is awarded to only one student in a family. However, this policy may be relaxed to allow two candidates in a family if the candidate applying later is a female or both applicants are female. Furthermore, if a male and a female candidate from same family apply simultaneously, the female candidate will be given preference.
(xvi) The students should be regular in attendance for which the yardstick shall be decided by the competent authority of the school/college/university.
(xvii) Candidates are required to submit Income certificate which should be on self-certification basis by way of an affidavit on non-judicial stamp paper, duly notarised, for self-employed parents and from employer for employed parents supported by documents (from revenue department) such as land held in the name of parents.
(xviii) Claims for Scholarship arrears will not be accepted if submitted more than 12 months after the end of academic year to which the claim pertains.
(xix) If a student violates any terms and conditions of the scholarship, the scholarship may be suspended or cancelled.
(xx) If a student is found to have obtained a scholarship by false statement/certificates, his/her scholarship shall be cancelled forthwith and the amount of the scholarship paid shall be recovered, at the discretion of the concerned Divisional Administration of LIC.
(xxi) The 112 Divisional Offices of LIC will each select thirty (30) students. Of those 30 students, twenty (20) students will be awarded General Scholarship - 10 for Boys & 10 for Girls, based on merit and eligibility. However, if there is a shortfall in number of boys in selection, the shortfall may be filled by girls, and vice versa. Remaining 10 scholarships will be awarded to girls under Special Scholarship for Girl Child, based on merit and eligibility
(xxii) Divisions having adequate online applications and selected full quota shall prepare a waiting list of 10 boys & 10 girls for Regular Scholarship and 10 girls for Special Scholarship for Girls (Waiting list will be prepared for those categories where quota is exhausted by the Divisional Office) . After the selection process is complete, if there is shortfall in selection of candidates, the Competent Authority at LIC Golden Jubilee Foundation at its discretion may allow the Divisions having waiting list to select additional candidates from the waiting list subject to overall limit of 2240 (112x20) Regular Scholarship & 1120 (112x10) Special Scholarship for Girls. This will be based on Centralised ranking.
Instructions for Candidates on LIC GJF Scholarship Online Apply
INSTRUCTIONS TO CANDIDATES WHO ARE SUBMITTING ONLINE APPLICATION FOR GOLDEN JUBILEE SCHOLARSHIP SCHEME-20241. For eligibility criteria & other details please refer GJF Scholarship Scheme 2024.
2. Only online applications are accepted. Please do not send hard copies of online applications as it is not required and shall not be considered.
3. All fields are mandatory; please do not leave any field blank else application will not get submitted.
4. Students, who have passed their exams under CBSE or any other Board
having Grading System, should enter the percentage equivalent to the grades allotted by the Board while filling up the relevant columns in the application.
5. Please ensure that Bank details are accurate and the bank account is active. The scholarship shall be credited to the bank account of selected candidates by NEFT.
6. Please provide active Mobile Number and valid email id for all future communications. There will not be any other mode of communication .
7. Please upload the result of last qualifying exam and proof of current academic year admission.
8. In case you face any browser issues while submitting the online application, kindly clear the browsing history, cookies & cache memory and try again.
9. Kindly check whether you have filled up all the information correctly before clicking on the submit button.
10. Once online application is submitted, the candidate will receive an acknowledgement on his/her E-mail Id with application number and address of our Division Office for further communication.
11. The applications received till the last date, will be processed by the respective Divisional Offices of LIC in the order of merit based on percentage of marks obtained in last qualifying exam. Candidates who meet the required criteria will be shortlisted. Detailed instruction for submitting the application and supporting documents in physical form will be emailed to these candidates only.
12. LIC Golden Jubilee Foundation reserves the right to accept/reject applications as per the laid down criteria for selection and no enquiry/requests shall be entertained in this regard.
Note : Any extension / change in last date of receiving application will be posted on our web site (https://licindia.in) only. Candidates are requested to refer our web site for any update.
LIC GJF 2024 Brief in Telugu
ఎల్ఐసి గోల్డెన్ జూబిలీ స్కాలర్షిప్ స్కీమ్
ఆర్ధికంగా బలహీన వర్గాలకు చెందిన విద్యార్థుల కొరకు 2021-22 విద్యాసంవత్సరంలో X మరియు XII వ తరగతి కనీసం 60% లేదా అంతకు సమానమైన గ్రేడ్ తో ఉత్తీర్ణులైన విద్యార్థులకు భారతదేశం అంతటి ప్రాతిపదికన స్కాలర్ షిఫ్ లను ప్రకటించడానికి ఎల్ఐసి గోల్డెన్ జూబిలీ ఫౌండేషన్ సంతోషిస్తున్నది.
Number of LIC 2024 Scholarships
ఎల్ఐసి యొక్క డివిజనల్ సెంటర్ ఒక్కదానికి 20 చొప్పున రెగ్యులర్ స్కాలర్ షిప్ లు:
(బాలురు మరియు బాలికలకు 10 మంది చొప్పున) ఆర్థికంగా బలహీన వర్గాలకు చెందిన విద్యార్ధులకు ఈ క్రింద పేర్కొన్న పై చదువులు కొనసాగించడానికి:
(i) వైద్య, ఇంజినీరింగ్, ఏదైనా అధ్యాపనంలో డిగ్రీ, ఏదైనా రంగంలో డిప్లొమా కోర్స్ మరియు ఇంటిగ్రేటెడ్ కోర్సుల కొరకు
(ii) ప్రభుత్వం ద్వారా గుర్తించబడిన కాలేజీలు / సంస్థల ద్వారా వొకేషనల్ లేదా ఇండస్ట్రియల్ ట్రెయినింగ్ ఇన్స్టిట్యూట్స్ (ఐటిఐ)లో కోర్సులు
ప్రతి ఎల్సి డివిజన్ పరిధిలో బాలికలకు 10 ప్రత్యేక స్కాలర్ షిప్స్ చొప్పున
2021-22 విద్యాసంవత్సరంలో కనీసం 60 శాతం మార్కులతో పదో తరగతి/ ఇంటర్మీడియట్ / తత్సమాన ఉత్తీర్ణత.
తల్లిదండ్రుల వార్షికాదాయం రూ.2.5 లక్షలు మించకుండా ఉండాలి.
మెడిసిన్/ ఇంజినీరింగ్/ ఏదైనా గ్రాడ్యుయేషన్/ ఇంటిగ్రేటెడ్ కోర్సులు/ ఏదైనా విభాగంలో డిప్లొమా/ తత్సమాన కోర్సులు/ ఒకేషనల్ కోర్సులు (ఐటీఐల్లో) చదువుతున్న విద్యార్థులు
Online APPLY for LIC Golden Jubilee Scholarship 2024
ONLY ONLINE APPLICATIONS ARE TO BE SUBMITTED THROUGH THE LINK ON THE HOME PAGE at https://licindia.in .
After submitting the online application, the candidate will receive an acknowledgement email at the email address provided in the application .
After submitting the online application, the candidate will receive an acknowledgement email at the email address provided in the application .
The Divisional Office of LIC mentioned in the acknowledgement email will handle any further correspondence. Candidate should ensure they provide correct and valid email address and contact number as these may be needed for future communication . For further details, candidates should refer to the “Instructions to candidates for online submission of application for LIC GJF Scholarship Scheme-2024” document.
Last date of submission of Online Application is: 22.12.2024
