LIC Golden Jubilee Scholarship Scheme 2016

Published On 07/09/2016

LIC Golden Jubilee Foundation has invited applications for Golden Jubilee Scholarships 2016 from students belonging to economically weaker families for pursuing higher studies in Medicine, Engineering, and Graduation in any discipline, Diploma Course in any field.

Scholarship Details Number of Scholarships: 20 (10+10).

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

Rate of scholarship

An amount of Rs.10000/- per annum will be awarded to the selected applicant which is payable in ten monthly installments of Rs.1000/- each. The Scholarship amount will be transferred to Bank Account of the selected scholar through NEFT.

Therefore, in case the applicant is selected for scholarship, the Bank Account details and IFSC code are compulsory.


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-

i) Medicine, Engineering, Graduation in any discipline, Diploma Course in any field or other equivalent courses.

ii) Vocational Courses through Government recognized Colleges/ Institutes or courses in Industrial Training Institutes (ITI).

For above – Applicants 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 Rs 1,00,000/- per annum.

For 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.

Selection Procedure

# Selection criteria will be made on the basis of the percentage of marks student obtained in 10th or 12th class and their family per annum income of family.

# The selection also depends on the Proof for Income of the Applicant’s Family.

How to Apply?

The willing and eligible applicants can apply online for LIC Golden Jubilee Scholarship at the LIC official website. The web portal of LIC is

Important Dates:

Last date for Submitting online application is September 23rd 2016


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