LIC GOLDEN JUBILEE SCHOLARSHIP
SCHEME - 2022 FOR STUDENTS BELONGING TO THE ECONOMICALLY WEAKER SECTION FOR
PURSUING HIGHER STUDIES.
1. OBJECTIVE
The scheme aims to award scholarships to meritorious students belonging to Economically Weaker Sections to provide them with better
opportunities for higher education and employment.
2. SCOPE
The scholarship is to be awarded for studies in India in a government or
private college/university. It will 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.
3. ELIGIBILITY
For Regular Scholar
- All
candidates who have passed the Class XII exam (or its equivalent –
Regular/Vocational) / Diploma with at least 60% marks (or equivalent
grade) in the Academic Year 2021-22 and whose parents/guardian have an
annual income (from all sources) not exceeding Rs.2,50,000 per annum*
(please refer clause 6 (i) – relaxation) are eligible to apply for a scholarship. The grant is provided to students who are interested (and
willing) to pursue higher education 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).
- All
candidates who have passed the Class X exam (or its equivalent) with at least
60% marks (or equivalent grade) in the Academic Year 2021-22 and whose
parents/guardians have an annual income (from all sources) not exceeding
Rs.2,50,000 per annum. The grant is provided to students who are pursuing
higher education in the field of Vocational / Diploma Courses through
Government recognized colleges/ institutions or courses in Industrial
Training Institutes (ITI).
·
For Special Girl Child Scholar
•To encourage education to a girl child, Special scholarship for Girl Child after
class 10 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. Candidates who
have passed the Class X exam (or its equivalent) with at least 60% marks (or
equivalent grade) in the Academic Year 2021-22 and whose parents/guardians have
an annual income (from all sources) not exceeding Rs. 2,50,000 per annum.
Note: The Regular scholarship should strictly be provided only to
students who are going for under-graduation (or its equivalent including
Integrated Courses). This scholarship is not meant for post-graduation studies.
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4. DURATION
The scholarship shall be provided for the entire duration of the course for Regular
Scholars and two years for Special Girl Scholars, subject to the candidate
fulfilling the requisite eligibility conditions for renewal.
5. RATE OF SCHOLARSHIP
1) An amount of Rs.20,000/- per annum will be awarded to the selected Regular
Scholar and shall be payable in three installments.
2) An amount of Rs.10,000/ per annum will be awarded to the selected Special Girl
Child and the scholarship shall be payable in three installments.
The Scholarship amount will be transferred to the Bank Account of the selected
scholar through NEFT. In case the candidate is selected for a scholarship, the
Bank Account details and IFSC code and a copy of the canceled cheque with the name of the beneficiary are compulsory. In the case of merged banks, the new IFSC Code of the
Bank should be mentioned. The Bank Account to which the amount is to be
transferred has to be active and in case it is dormant, the same should be
activated before the details are provided. The maximum balance allowed under the
bank account should also be checked.
6. CONDITIONS FOR SCHOLARSHIP
(i) Scholarship shall be awarded to the students who have secured
not less than 60% marks or equivalent grade in the previous final examination
and the annual income of whose parents/guardians from all sources does not
exceed Rs.2,50,000/- per annum.
·
Relaxations in the 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 family's sole bread earner.
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