Golden
Jubilee Scholarships 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
sections of society so as to provide them better opportunities
for higher education increase their rate of attainment
in higher education and enhance their employability
ELIGIBILITY
Students who have passed Class XII exam or its equivalent
and are interested to pursue higher education
in the field of –
a) Engineering
b) Medicine
c) Arts/Science/Commerce stream
d) Diploma courses in any field
e) Any other vocational course which leads to
immediate employment and where minimum education
qualification stipulated is plus 2
Scholarship will be awarded to the students who have
secured not less than 60% marks or equivalent grade
in the Class 12 or its equivalent final examination
and the annual income of whose parents/guardian from
all sources does not exceed Rs60,000/ per annum
RATE OF SCHOLARSHIP
Rs.10,000/- per annum, Rs.1000/ payable monthly
for ten months directly into the bank account
of the Beneficiary
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/guardian from
all sources does not exceed Rs.60,000/ per annum. Students
having the lowest family income shall be given preference
in the ascending order.
(ii) The scholarship shall be discontinued if
a student fails to secure 50% in B.A./B.COM. and 55%
marks in other streams or equivalent grade, in the previous
final examination of the course for which scholarship
is awarded. Scholarship shall not be awarded for more
than the normal period of time taken to obtain certificate/degree.
(iii) Scholarship shall not be given to more
than one student in a family.
(iv) The students should be regular in attendance
for which the yardstick shall be decided by the competent
authority of the school/college/university.
(v) 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 such as land held
by revenue department in the name of parents.
(vi) If a student violates any other term and
condition of the scholarship, the scholarship may be
suspended or cancelled.
(vii) 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.
(viii) LIC Golden Jubilee Foundation will lay down
the detailed procedure for processing and sanctioning
of scholarships to eligible students.
(ix) Scholarship shall be credited to the student’s
bank account maintained at the place of study. Efforts
shall be made for transferring it electronically through
the banks.
(x) The scheme shall be evaluated at regular
intervals by the LICGJF.
(xi) The regulations can be changed at any time at
the discretion of the Board of Trustees of LICGJF
Check Out : www.licindia.com
Apply
Online
|
