The LIC Vidyadhan Scholarship is a program initiated by LIC Housing Finance Limited (LIC HFL) to financially assist underprivileged students in India who are pursuing higher education. It targets students from Class 11 up to post-graduation.
Eligibility
To be eligible for the LIC Vidyadhan Scholarship 2024, a student must meet the following criteria:
- Educational Background:
- Must be enrolled in Class 11 or above in a recognized institution in India for students pursuing graduation or Class 11/12 for those applying after Class 10.
- Passed the previous qualifying examination (e.g., Class 10 for Class 11 applicants).
- Academic Performance:
- Minimum marks requirement varies depending on the applicant’s background:
- Secured at least 60% marks in Class 10 board exams (general category).
- Secured at least 70% marks in Class 10 board exams (students with disabilities).
- Minimum marks requirement varies depending on the applicant’s background:
- Financial Background:
- Family income from all sources should not exceed INR 3,60,000 per annum.
- Preference is given to students impacted by COVID-19, such as those who lost a parent/earning member or whose family’s livelihood was affected by the pandemic since January 2020.
Benefits of LIC Vidyadhan Scholarship
The scholarship amount varies depending on the student’s level of education:
- Class 11 & 12 Students: Receive INR 10,000 per year for two years (total INR 20,000).
- Graduation Students: Receive INR 15,000 per year for three years (total INR 45,000).
- Post-Graduation Students: Receive INR 20,000 per year for two years (total INR 40,000).
How to Apply
Unfortunately, I cannot directly link you to the application portal as LIC HFL might not have announced the scholarship for 2024 yet. Scholarships are typically announced around the beginning of the academic year (around June/July).
Here’s how you can find the application details once it’s announced:
- Visit the LIC HFL website (https://www.lichousing.com/).
- Search for the scholarship announcement or a dedicated scholarship section.
- Look for the application form and download it.
- Fill out the application form carefully, attaching all required documents.
- Submit the application form following the mentioned instructions.
Required Documents
- Completed application form
- Photocopy of ID proof (Aadhaar card, PAN card, or passport)
- Marksheet(s) of previous qualifying examinations
- Income proof documents (Form 16A, income certificate, salary slips, etc.)
- Proof of admission (school/college/university ID card)
- In some cases, a document specifying if the applicant is COVID-affected (ration card or other government document)
Additional Tips
- Ensure you meet all the eligibility criteria before applying.
- Double-check the completed application form for any errors or missing information.
- Meet application deadlines strictly. Late applications are usually rejected.
- Keep copies of your application form and submitted documents for reference.
Conclusion
The LIC Vidyadhan Scholarship is a great opportunity for financially challenged students to pursue higher education in India. If you meet the eligibility criteria, I encourage you to apply for the scholarship once it’s announced for 2024. Remember to check the LIC HFL website for the latest updates.