The life insurance corporation of India or better known as the LIC has come out with the scholarship scheme for the year 2019 and 2020. Today under this article, we will share with you all the details about the LIC Golden Jubilee Scholarship for the year 2020. In this article, we have provided all the details about the scheme such as the eligibility criteria, duration, registration details, selection process, payment and the prices finalized under the scheme.
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LIC Golden Jubilee Scholarship 2020
The LIC golden jubilee scholarship has been developed to provide scholarships to all those students who are academically excelling in the knowledge that they are getting. Also, through the scheme economically backward section of the society will get incentives so that they can carry on their education without any financial burden or without wasting their time on earning daily wages. Through this scholarship, more opportunities will be provided to the economically backward section of the society.
Details About The Scheme
| Scheme Name | LIC golden jubilee scholarship |
| Applicants | All over India |
| Launched by | LIC Of India |
| Last Date of Registration | 24.12.2019 |
| Launched Date | 2019-2020 |
| Objective | Providing scholarship opportunities to EWS |
Important Dates
The last date to apply for the scheme through online mode is 24th December 2019
Scope Of The Scheme
The LIC golden jubilee scholarship will only be provided to the following category of students:-
- Students studying in India in a-
- Government
- Private college/university.
- Students studying-
- Technical courses OR
- Vocational courses in the following institutions-
- Industrial Training Institutes
- Industrial Training Centres affiliated with the National Council for Vocational Training (NCVT).
Eligibility Criteria
Certain eligibility criteria have been finalized by the concerned authorities of the LIC golden jubilee scholarship. The eligibility criteria for different types of applicants are given below:-
For Regular Scholar
- All candidates must have passed the Class XII exam (or its equivalent) with at least 60% marks (or equivalent grade).
- The exam must be passed in the Academic Year 2018-19.
- The parents/guardian must have an annual income not more than Rs.1,00,000 per annum.
- Only the students who are going for under-graduation (or its equivalent) are eligible for this scholarship.
- The incentive will only be provided to the students who are
interested in pursuing higher education in the following fields-
- Medicine
- Engineering
- Graduation in any discipline
- Diploma Course in any field or other equivalent courses
- Vocational Courses through Government recognized Colleges /Institutes
- Courses in Industrial Training Institutes (ITIs).
Jio Scholarship 2020
For Special Girl Child Scholar
- The applicant should be a girl.
- Applicant must have pursued Class 10th.
- The incentive will be provided for pursuing higher studies in 10+2 pattern for two years.
- The candidate must have passed the Class X exam (or its equivalent) with at least 60% marks (or equivalent grade).
- The exam must be passed in the Academic Year 2018-19.
- The parents/guardian must have an annual income not more than Rs.1,00,000 per annum.
Scholarship Scheme 2020
Prizes Of LIC Golden Jubilee Scholarship
The following prices will be distributed among the beneficiaries of the scholarship scheme:-
| Scholarship | Amount |
| Regular Scholar | An amount of Rs.20,000/- per annum will be awarded which shall be payable in three Quarterly instalments. |
| Special Girl Child Scholar | An amount of Rs.10,000/ per annum will be awarded which shall be payable in three quarterly instalments. |
Precautions Of The Scholarship
If you are applying for the LIC golden jubilee scholarship you need to undertake and keep in mind the following precautions as announced by the concerned authorities:-
- Only one student in a family can avail of the benefit of the scholarship.
- The students should have proper attendance.
- Income certificate should be on a self-certification basis by way of an affidavit on non-judicial stamp paper for self-employed parents and from the employer for employed parents supported by documents (from revenue department) such as land held in the name of parents.
- The scholarship may be suspended or canceled on violating any terms and conditions.
- The scholarship may be suspended or canceled if a student is found to have obtained a scholarship by false statement/certificates.
- LIC Golden Jubilee Foundation will lay down the detailed procedure for processing and sanctioning of scholarships to eligible students.
- The scheme shall be evaluated at regular intervals by the LICGJF.
- The regulations can be changed at any time at the discretion of the Board of Trustees of LICGJF.
Procedure To Apply Online LIC Golden Jubilee Scholarship
To apply for the LIC golden jubilee scholarship, you need to undertake the following steps:-
- First, visit the official website of the LIC golden jubilee scholarship given here.
- Or click on the direct link which will land you on the online application web page.
- On that web page, fill in the application form
- Click on submit.
- Upload all the required documents.
- After you have successfully submitted your application form, an acknowledgement number will be provided to you through your registered email.
- Further correspondence will be made by the Divisional Office which is mentioned in the acknowledgement mail.