What benefits does the LIC Golden Jubilee Scholarship Scheme 2024 offer?

The scheme provides financial assistance ranging from ₹15,000 to ₹40,000 per annum, depending on the course of study. For instance, medical students may receive ₹40,000 annually, while general graduation students may receive ₹20,000 annually.

Who is eligible to apply for this scholarship?

Students who have passed Class X or XII (or equivalent) with at least 60% marks and have secured admission in the academic year 2024-25 for higher studies in specified fields. The annual family income should not exceed ₹2,50,000, with certain relaxations up to ₹4,00,000 in specific cases.

Is there a special provision for girl students under this scheme?

Yes, there is a Special Scholarship for Girl Child, offering ₹15,000 per annum for two years to girls pursuing higher secondary education or vocational/diploma courses after Class X.

What is the deadline to apply for the scholarship?

The last date to submit applications for the LIC Golden Jubilee Scholarship Scheme 2024 is December 22, 2024.

How can one apply for this scholarship?

Applications must be submitted online through the LIC website. Applicants need to fill out the form and upload necessary documents such as mark sheets, income certificates, and bank account details.

What benefits does the LIC Golden Jubilee Scholarship Scheme 2024 offer?

The scheme provides financial assistance ranging from ₹15,000 to ₹40,000 per annum, depending on the course of study. For instance, medical students may receive ₹40,000 annually, while general graduation students may receive ₹20,000 annually.

Who is eligible to apply for this scholarship?

Students who have passed Class X or XII (or equivalent) with at least 60% marks and have secured admission in the academic year 2024-25 for higher studies in specified fields. The annual family income should not exceed ₹2,50,000, with certain relaxations up to ₹4,00,000 in specific cases.

Is there a special provision for girl students under this scheme?

Yes, there is a Special Scholarship for Girl Child, offering ₹15,000 per annum for two years to girls pursuing higher secondary education or vocational/diploma courses after Class X.

What is the deadline to apply for the scholarship?

The last date to submit applications for the LIC Golden Jubilee Scholarship Scheme 2024 is December 22, 2024.

How can one apply for this scholarship?

Applications must be submitted online through the LIC website. Applicants need to fill out the form and upload necessary documents such as mark sheets, income certificates, and bank account details.

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LIC Golden Jubilee Scholarship Scheme 2024: Key Details And How To Apply

Alankar Mishra

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Updated: 08-04-2025 at 5:30 PM

The Life Insurance Corporation of India creates financial support through the LIC Golden Jubilee Scholarship Scheme to assist talented students from economically disadvantaged backgrounds. This government program gives yearly scholarships to deserving students who study professional and vocational subjects while giving extra support to female students. The goal behind this initiative is to advance higher education, particularly among disadvantaged youth.

In this article, you will get detailed information about the LIC Golden Jubilee Scholarship Scheme, its features, objectives, benefits, eligibility, application process and much more.

Overview

The following table discusses the key elements of the LIC Golden Jubilee Scholarship Scheme. It will help you in an enhanced way to get the quick summary of this scheme:-

Feature	Details
Launched By	Life Insurance Corporation of India (LIC)
Beneficiaries	Students from economically weaker sections
Minimum Eligibility	60% marks in Class X/XII/Diploma in 2021-24
Applicable Courses	MBBS, BAMS, BDS, BE, BTech, Graduation, Diploma, ITI, etc.
Special Scholarships	For girl students in 11th/12th and 2-year diplomas post-Class 10

What Is The LIC Golden Jubilee Scholarship?

The LIC Golden Jubilee Scholarship Scheme operates as an education scholarship programme, which the LIC of India initiated through government support. Through this initiative, the government extends support to academic achievers who belong to financially disadvantaged backgrounds. The program maintains exclusive funding opportunities for female students to support their education and foster gender equality.

Objective

The primary objective of the LIC Golden Jubilee Scholarship Scheme offer monetary assistance for talented young individuals from poverty-stricken families. But there is not one, here are the following key objectives of this scheme:-

The LIC Golden Jubilee Scholarship Scheme aims to facilitate access for students to obtain higher education particularly in professional and technical fields.
The scheme exists to lessen school and college abandonments that originate from financial limitations.
The scholarship scheme exists to let students finish their educational journey without financial concerns.
The program provides special scholarship opportunities to improve the empowerment of female students following their completion of Class 10.
The organisation works to provide equal educational opportunities to disadvantaged young people throughout India.

Benefits

The scholarship programme eases the payment of higher education costs for students who need it most.

The program assists students who want to follow professional or vocational training.
The program offers female students special scholarships to get equal access to college education.
The program assists poor students with their school expenses to stay enrolled.
The program stimulates strong academic performance among students who live on farms or in poverty.
This programme lets students who meet the requirements find and join an understanding higher education.

What Are The Eligibility Criteria For The LIC Golden Jubilee Scholarship Scheme?

This scholarship scheme is targeted at those students who have achieved good results and are from economically disadvantaged backgrounds. The government program is meant to reach out to deserving candidates facing financial constraints in pursuing higher studies. Students interested must satisfy the following criteria:

One must have cleared the Class X/XII/Diploma or its equivalent/ overseas countries qualification, with a minimum of 60% and above, CGPA of 6 out of 10, in the years 2021-22 or 2022-23 or 2023-24.
One must have applied for the first year of an undergraduate program during the year 2024-25.
One must be a Recipient of such an economically weaker family.

Fields Of Study Covered Under The LIC Golden Jubilee Scholarship

The scholarship allows the students to pursue a variety of subjects which encompass equality in career and education advancement opportunities. It encompasses a broader scale of subjects, from vocational courses to general schooling, which has special consideration for females. The following are the areas of study that can be funded:

General Scholarships (For Boys and Girls):

Bachelor in Medicine and Bachelor of Surgery (MBBS), Bachelor in Ayurvedic Medicine and Surgery (BAMS), Bachelor of Homeopathic Medicine and Surgery (BHMS), and Bachelor of Dental Surgery (BDS).
Bachelor in Engineering (BE), Bachelor of Technology (BTech), or Bachelor of Architecture (BArch).
Graduation, Diploma, or Combined Degree programs in any field.
Indeed, professional courses are offered through affiliated and government-recognised institutes or ITIs.

Special Scholarships For Girls Only:

11th and 12th grades of the 10+2 system.
Two-year diploma courses post 10th grade.

What Is The Scholarship Amount Of The LIC Golden Jubilee Scholarship Scheme?

As per their respective disciplines, students seeking this scholarship aid are financially supported for educational purposes. Depending on the course, the amount changes and is paid in parts for ease of administration. The amounts for the scholarships are as follows.

Scholarship Type	Eligible Courses	Amount per Year	Disbursement Mode
General Scholarships	Medicine	₹40,000	In two instalments of ₹20,000 each
	Engineering	₹30,000	In two instalments of ₹15,000 each
	Graduation, Diploma, Vocational Courses	₹20,000	In two instalments of ₹10,000 each
Special Scholarship (Girls)	Degree courses after Class 10 (for girls only)	₹15,000	In two instalments of ₹7,500 each

How To Apply For The LIC Golden Jubilee Scholarship Scheme?

Getting to apply for the LIC Golden Jubilee Scholarship Program is very easy. Students who meet the requirements can apply through their portal by providing the required documents. For self-explanatory reasons, they made the entire application procedure easy. This is how to apply:

Step 1: Visit the LIC website.

Step 2: On the site, search for the Golden Jubilee Scholarship Scheme.

Step 3: Start filling out your application form online and provide all the necessary information required of you.

Step 4: Attach all the required documents.

Educational certificates.
Details of a bank account with a cancelled cheque.
IFSC code of the active bank account.

Step 5: Submit the application.

Step 6: Acknowledgement will be sent to your email, and further communication will be handled by the LIC Divisional Office mentioned in the email.

Important Points To Remember

While applying for the scholarship, it is essential to keep certain key points in mind to ensure a smooth process. Following these guidelines will help avoid delays or issues in receiving the scholarship benefits. Important points to remember include:

The funds will be directly transferred to the NEFT provided by the scholar.
There is a corrupt IFSC code provided to the bank accounts to be current and maintained.
Make sure to provide valid and usable information – emails and cellphone numbers, that will be used.

Conclusion

LIC Golden Jubilee Scholarshipis an invaluable opportunity inside LIC’s Image of Mutual Assistance promoting education, the benefits are catered to financially challenged students looking to further advance their studies. With monetary support for various courses, this government scheme enables the specified students to concentrate on their learning without any pressure or financial constraints.

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