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LIC Scholarship: Golden Jubilee Scholarship Scheme

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NSP Scholarship 2023

LIC Scholarship Overview

AspectInformation
Full NameLife Insurance Corporation of India
Founded1956
HeadquartersMumbai, India
TypeState-owned insurance company
Websitehttps://licindia.in/
Market Share (India)Over 60%
Products OfferedTerm Life Insurance, Endowment Plans, Whole Life Plans, Money Back Plans, Unit Linked Plans, Micro Insurance Plans, Health Plans, Pension Plans, Group Schemes
Financial Highlights (FY 2022-23) 
– Total Premium Income₹5.01 Lakh Crore
– Market Capitalization₹6.81 Lakh Crore
– Assets Under Management₹41.66 Lakh Crore
– Life Fund₹38.18 Lakh Crore
– Policyholdersover 300 million
Key Awards & Recognitions 
– Brand of the Century Award (2019)
– Most Trusted Brand in Life Insurance (ET Brand Equity Award 2023)
– Largest Insurance Company in Asia (Asia Insurance Review 2023)
Social Impact 
– Contributes to various social welfare initiatives through CSR activities
– Provides financial security to a large section of the Indian population

Additional Notes:

  • LIC is the greatest life assurances company in India by exhibit share and asset degree.
  • It offers a wide expand of life securities things and organizations to cater to needs of particular individuals and families.
  • LIC is known for its strong budgetary execution and commitment to its policyholders.
  • The company in addition plays a vital portion in supporting the social and monetary change of India.

LIC Scholarship Important Dates

Scholarship NameTarget AudienceApplication Period (Typical)
LIC Golden Jubilee Scholarship10th and 12th Standard Pass StudentsDecember (Previous Year)
LIC Jeevan Lakshya ScholarshipChildren of LIC PolicyholdersAugust – September
LIC Scholarship for Children of AgentsChildren of LIC AgentsAugust – September
LIC Mukti Shiksha ScholarshipChildren of Deceased LIC PolicyholdersJune – July
LIC Vidyanidhi ScholarshipMeritorious Students from Economically Weaker SectionsAugust – September

Extra tips:

  • Visit the official LIC HFL site frequently for overhauls on the grant.
  • Subscribe to their mail alarms or social media channels to remain educated.

Contact the LIC HFL grant group specifically on the off chance that you’ve got any questions or require clarification.

 

  • As you’ll be able see, the application periods for these scholarships shift significantly. To urge the foremost accurate data almost due dates and other critical dates, if you don’t mind indicate which LIC grant you’re inquisitive about.
  • It would be ideal if you moreover note that these are fair ordinary application periods, and the genuine dates may change from year to year. I suggest going by the official LIC site or reaching the LIC office straightforwardly for the most recent data on particular grants.

LIC Scholarship Eligibility Criteria

ScholarshipMinimum MarksIncome LimitOther Criteria
Vidyadhan (Class 11)60% in Class 10< Rs. 3.6 lakhGirl child, COVID affected, orphans
Vidyadhan (UG)60% in Class 12< Rs. 3.6 lakhGirl child, COVID affected, orphans
PragatiTop 10% in Class 12/Entrance< Rs. 5 lakhGirl child, rural areas

Extra Notes:

  • This table isn’t thorough and may not reflect all particular qualification criteria.
  • Continuously allude to the official site of the Office of In reverse Classes Welfare for the most recent and most exact https://licindia.in/golden-jubilee-scholarship-scheme.
  • Particular due dates and application methods may change depending on the plot you’re applying for.

LIC Scholarship Required Documents

Document CategoryDocument ExamplesNotes
Identification Proof* Aadhaar Card * Voter ID Card * PassportMandatory for all applicants.
Address Proof* Domicile Certificate issued by Tahsildar * Ration Card with address * Electricity Bill * Water Bill * Passport with addressMandatory for all applicants.
Academic Documents* Previous year Marks Cards and Certificates (starting from 10th standard) * Admission confirmation letter for current course * Bonafide Certificate from current instituteMandatory for all applicants.
Income Proof* Income Certificate issued by Tahsildar * Salary Certificate of parent/guardian * Pension Payment Order (if applicable)Mandatory for all applicants except Minority category.
Caste/Category Certificate (if applicable)* SC/ST Caste Certificate * OBC Caste Certificate * Minority Community CertificateMandatory for SC/ST, OBC, and Minority category applicants.
Disability Certificate (if applicable)* Disability Certificate issued by a competent authorityMandatory for PwD applicants.
Bank Details* Cancelled Cheque with account holder name and branch details * Bank Passbook copy showing account detailsMandatory for scholarship disbursement.
Additional Documents (depending on scheme)* Medical Certificate for physically challenged applicants (PMS FAAS scheme) * Marks Card of Prathibha Purskar exam (Prathibha Purskar scheme)Refer to specific scheme guidelines for detailed requirements.

Note: This can be a rearranged diagram. Continuously allude to the official LIC HFL site for the particular list of required archives for each grant conspire: https://licindia.in/golden-jubilee-scholarship-scheme: https://licindia.in/golden-jubilee-scholarship-scheme.

Extra Tips:

  • Ensure all archives are filtered and transferred within the indicated arrange some time recently accommodation.

Allude to the official site for any particular archive prerequisites based on your chosen grant.

I get it you’re looking for data around the desired records for an LIC grant application. In any case, like with qualification criteria, each LIC grant program has its own particular report prerequisites. To form a important table, I need more data almost your chosen grant. It would be ideal if you let me: know

  • The particular LIC grant you’re fascinated by: (e.g., LIC Jeevan Lakshya Grant, LIC Grant for Children of Operators)
  • Your instructive level: (e.g., school, college, post-graduate)

LIC Scholarship Amount

Scholarship LevelScholarship Amount (per annum)Income Limit (per annum)Notes
Class XI & XII₹30,000Less than ₹3.6 Lakhs
UG₹25,000Within ₹3.6 Lakhs
PG₹40,000Below ₹3.6 LakhsNot meant for post-graduation studies

Extra Grant for Young ladies:

  • Extraordinary Young lady Child Researcher: An extra ₹10,000 per annum is granted to chosen female understudies.
  • Lady as Sole Breadwinner: In cases where a lady (widow/single mother/unmarried) is the sole bread worker of the family, a one-time allow of ₹2.5 lakhs to ₹4 lakhs can be given.

Imperative Focuses:

  • The grant isn’t accessible for post-graduation ponders.
  • The grants are awarded for the complete term of the course (subject to satisfying recharging conditions).
  • Choice is based on justify and family foundation (marks and wage).
  • Applications are regularly open in July/August.

Where to Discover the Application Frame:

Keep in mind, this data is based on the most recent freely accessible points of interest (as of February 10, 2024). It’s continuously best to allude to the official site for the foremost up-to-date data and application due dates.

LIC Scholarship Steps to apply online application

StepDescription
1. Check Eligibility:Visit the official LIC Golden Jubilee Scholarship website (https://gjss.licindia.in/GJSS/https://gjss.licindia.in/GJSS/) and review the eligibility criteria. Ensure you meet all requirements before proceeding.
2. Wait for Application Window:The application window typically opens around September/October each year. Monitor the website and official announcements for confirmation of the next application period.
3. Prepare Documents:Gather all required documents, including: <br> * Aadhar card and other identity proof <br> * Address proof <br> * Educational certificates (Class X, XII, and current course) <br> * Income certificate <br> * Bank account passbook <br> * Passport-size photograph
4. Visit Application Portal:When the application window opens, access the online portal at https://gjss.licindia.in/GJSS/https://gjss.licindia.in/GJSS/.
5. Register or Login:If you’re a new applicant, click “New Registration”. If you applied previously, use your existing login credentials.
6. Fill Application Form:Carefully complete the online application form, providing accurate information including: <br> * Personal details <br> * Academic qualifications <br> * Family income details <br> * Upload scanned copies of required documents
7. Review and Submit:Thoroughly review all entered information and scanned documents for accuracy. Once satisfied, submit the application.
8. Print Confirmation:Print a copy of the submitted application form and acknowledgement receipt for your records.
9. Track Application Status:You can typically track your application status through the online portal using your login credentials.
10. Selection and Award:Shortlisted candidates might be called for an interview or document verification. Selected awardees will be notified and details about scholarship disbursement will be provided.

Imperative Notes:

  • Double-check qualification some time recently applying.
  • Meet all archive necessities for fruitful accommodation.
  • Yield your application inside the due date.
  • Keep duplicates of submitted archives and application affirmation.
  • Screen the site for overhauls and declarations.

LIC Scholarship Renewal Process

AspectDetails
Renewal ProcessNot applicable. Scholarships are not automatically renewed.
Application for Subsequent YearsRequired. Eligible students need to reapply during the designated application window each year.
Application WindowTypically opens around September/October.
ReassessmentApplicants are reassessed for eligibility and academic performance during each application cycle.
Award ContinuationScholarship continues only if you reapply, meet eligibility criteria, and demonstrate satisfactory academic performance.

Imperative Notes:

  • Screen the official LIC Brilliant Celebration Grant site https://gjss.licindia.in/GJSS/https://gjss.licindia.in/GJSS/ for declarations almost the another application window.
  • Indeed in the event that you gotten the grant within the past year, reapply and meet all current prerequisites to guarantee you stay qualified and proceed accepting the grant.
  • Maintain good scholarly standing to extend your chances of recharging.

LIC Scholarship Application Status Tracking Procedure

MethodDescriptionNotes
LIC HFL Website:
1. Visit Website: Go to the LIC Scholarship website: https://licindia.in/golden-jubilee-scholarship-schemehttps://licindia.in/golden-jubilee-scholarship-scheme.Ensure you have a stable internet connection.
2. Login: Enter your registered username and password. 
3. Track Application: Click on the “Application Status” or “Track Application” section.The specific wording might vary depending on the website design.
4. Select Scholarship: Choose the relevant scholarship you applied for. 
5. View Status: The website will display your application details and current status.This might include “Submitted,” “Processing,” “Scrutinized,” “Approved,” or “Rejected.”
Additional Information: You might be able to download communication or documents related to your application here.

Imperative Notes:

  • The particular interface and route steps might shift somewhat depending on the site format.
  • Keep your application number convenient for simpler following.
  • In the event that your application status remains unaltered for an amplified period or appears an startling status, consider reaching the LIC HFL Grant group for clarification. |
  • Keep in mind that application preparing timelines can change depending on different components.

Elective Strategy (in case accessible):

  • A few grant application entrances might offer e-mail or SMS notices around application status upgrades. Check your communication inclinations and spam envelopes on the off chance that you haven’t gotten any overhauls.

LIC Scholarship Selection Process

StageDescriptionNotes
Application Submission:Applicants submit their online applications within the stipulated timeframe on the LIC Scholarship website.Refer to the website for current deadlines and application procedures: https://licindia.in/golden-jubilee-scholarship-schemehttps://licindia.in/golden-jubilee-scholarship-scheme
Document Verification:The LIC Scholarship team verifies the submitted documents for authenticity and completeness.Incomplete applications might be rejected.
Eligibility Check:Applications are assessed against the pre-defined eligibility criteria for the specific scholarship scheme.Refer to the official website for detailed eligibility requirements for each scholarship.
Shortlisting (if applicable):Depending on the scholarship scheme and number of applications, applications that meet the eligibility criteria and document verification might be shortlisted for further evaluation.Shortlisting criteria may vary and details might not be publicly disclosed.
Merit-Based Evaluation:Shortlisted applications (or all applications depending on the scheme) are scored based on academic merit, such as previous year marks cards and entrance exam scores (if applicable).Weightage given to academic merit might differ across schemes.
Additional Considerations (if applicable):Depending on the scheme, additional factors like family income, caste/category, disability status, etc., might be considered during evaluation.Specific weightage given to these factors is not publicly disclosed.
Final Selection:Based on the combined scores from merit-based evaluation and any additional considerations, a final list of selected scholars is prepared.The number of selected scholars depends on available scholarship funds.
Award Notification:Selected scholars are notified through their registered email and application portal about the scholarship award.Scholarship disbursement details and timelines are also communicated.

Critical Notes:

LIC Scholarship FAQs

Qualification changes depending on the particular grant program. A few require Indian citizenship, certain scholastic justify levels, enlisted in particular degree programs, and family pay edges. See the table organize outline from your past ask for points of interest on particular grants.

There are different grants for undergrad, postgraduate, PhD, and postdoctoral considers in LIC Scholarship areas like AI, computer science, building, and more. Check the “Dependence Grant List with Points of interest” table organize you asked for a comprehensive list and official websites for particular programs.

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