LICINDIA Scholarship 2016 from Golden Jubilee Foundation - Apply Online for LIC GJF Scholarship @ licindia.in

LIC Scholarship Golden Jubilee; Life Insurance of India formed a Golden Jubilee Foundation on 20/10/2006. This Golden Jubilee Foundation of LIC is Registered with Charity Commissioner under Bombay Public Trust Act 1950. The motto of this Foundation is to promote education, health relief of poverty or distrace and advancement of other objects of general public utility.

LIC Scholarship 2016 from LIC's Golden Jubilee Foundation Scholarship

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Details of Scholarship Scheme :

SCHEME OF ‘LIC GOLDEN JUBILEE SCHOLARSHIP’ FOR STUDENTS BELONGING TO THE ECONOMICALLY WEAKER FAMILIES FOR PURSUING HIGHER STUDIES.

Objective :
The objective of the scheme is to award scholarships to meritorious students belonging to economically weaker families so as to provide them better opportunities for higher education and thus enhance their employability.

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) of classes at Graduation level.

Eligibility :
Students who have passed Class XII exam or its equivalent in the Academic Year 2015-16 and are interested to pursue higher education in the field of
  1. Medical, Engineering, Graduation in any discipline, Diploma Course in any field or other equivalent courses. 
  2. Vocational Courses through Government recognized Colleges/Institutes or courses in Industrial Training Institutes (ITI).
For i) above Candidates who have passed Class XII exam or equivalent in the Academic year 2015-16 with at least 60% marks or equivalent grade and annual income of whose parents/guardian from all sources does not exceed ` 1,00,000/- per annum.

For ii) above The basic educational qualification is relaxed to Class X or equivalent with at least 60% marks in the Academic year 2015-16 subject to income ceiling of parents/guardians.

Duration :
Scholarship shall be provided for the entire duration of the course subject to the candidate fulfilling the requisite eligibility conditions for renewal.

Rate of Scholarship :
An amount of `10,000/- per annum will be awarded to the selected candidate which is payable in ten monthly installments of ` 1,000/- each. The Scholarship amount will be transferred to Bank Account of the selected scholar through NEFT. Therefore in case the candidate is selected for scholarship, the Bank Account details and IFSC code are compulsory.

Conditions for Scholarship
  1. 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 `1,00,000/- per annum.
  2. Selection of LIC Scholar will be on the basis of merit and family background such as percentage of marks in class 12th /10th and annual income of the family. Eligible Students having the lowest income shall be given preference in the ascending order.
  3. The candidate should secure more than 55%marks in professional streams and 50% marks in graduation courses in Arts/Science/Commerce or equivalent grade in the previous final examination of the course for which scholarship is awarded, failing which the scholarship will be discontinued.
  4. Scholarship shall not be given to more than one student in a family.
  5. The students should be regular in attendance for which the yardstick shall be decided by the competent authority of the school/college/university.
  6. Income certificate should be on self-certification basis by way of an affidavit on non-judicial stamp paper for self-employed parents and from employer for employed parents supported by documents (from revenue department) such as land held in the name of parents.
  7. If a student violates any terms and conditions of the scholarship, the scholarship may be suspended or cancelled.
  8. If a student is found to have obtained a scholarship by false statement/certificates, his/her scholarship shall be cancelled forthwith and the amount of the scholarship paid shall be recovered, at the discretion of the concerned Divisional Administration of LIC.
  9. LIC Golden Jubilee Foundation will lay down the detailed procedure for processing and sanctioning of scholarships to eligible students.
  10. The scheme shall be evaluated at regular intervals by the LICGJF.
  11. The regulations can be changed at any time at the discretion of the Board of Trustees of LICGJF.

How to Apply for LIC Scholarship:

ONLY ONLINE APPLICATIONS ARE TO BE SUBMITTED. 

While applying for LIC Golden Jubilee Scholarship you are requested to do the following.

  • Open www.licindia.in 
  • Click on "APPLY ONLINE FOR GOLDEN JUBILEE SCHOLARSHIP" Link (found Running TEXT in PINK Color in the above the fold of LIC India Website)
    * Only click that link to apply Online for Scholarship.
  • Now your Online Application form will open you should enter your particulars as asked select your State, then District. Enter your personal details Name, Father's Name, Gender Date of Birth, Nationality, Address, Mobile No, Email, Caste/Category, Educational Stream, Course Duration, Annual Income of Parent, 10th Course Details, 11th Course Details, 12th Course Details, Other Family Member Receiving Scholarship or Not, Candidate Receiving Any Scholarship or Not, Bank Account Details with IFSC/MICR, Deceleration Acceptance, Finally Click Submit.
Once online application is submitted, An acknowledgement will be generated which is provided below.
Record inserted successfully !!!
Your Registration ID is 321300
Please contact for further details Howrah Division Office.
Phone No. 09999999999
A candidate should take a note of the Acknowledgement Information for further references, You can take a printout of the same.The candidate will also get acknowledgement at the email ID provided by him/her in his online application. Further correspondence will be made by the Divisional Office which is mentioned in the acknowledgement mail. The candidate should ensure correctness of the contact information such as email/phone number. If any candidate needed to ask anything related to the LIC Golden Jubilee Scholarship then the candidate should contact the Particular Divisional Office and also to the contact number provided there. Bank Account details and IFSC code are not compulsory at this stage. 

'At present our Divisional Offices are processing the online applications received from the candidates .The students will be contacted if they are shortlisted.'

Link : https://customer.onlinelic.in/GJF_scholarshipentry.htm

Apply Online for LIC Golden Jubilee Scholarship

Content Source : LIC India Website @ www.licindia.in

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