LIC GOLDEN JUBILEE SCHOLARSHIP SCHEME

For Regular Scholar:

1. All candidates who have passed the Class XII exam (or its equivalent) with at least 60% marks (or equivalent grade) in the Academic Year and whose parents/guardians have an annual income (from all sources) not exceeding Rs.2,00,000 per annum are eligible to apply for a scholarship. The grant is provided to students who are interested (and willing) to pursue higher education in the field of Medicine, Engineering, Graduation in any discipline, Diploma Course in any field or other equivalent courses, Vocational Courses through Government recognized Colleges /Institutes, or courses in Industrial Training Institutes (ITIs).
2. All candidates who have passed the Class X exam (or its equivalent) with at least 60% marks (or equivalent grade) in the Academic and whose parents/guardians have an annual income (from all sources) not exceeding Rs.2,00,000 per annum. The grant is provided to students who are interested (and willing) to pursue higher education in the field of Vocational Courses through Government recognized colleges/ institutions or courses in Industrial Training Institutes (ITI). For Special Girl Child Scholars:
3. To encourage education to a girl child, Special scholarship for Girl Child after class 10 for pursuing higher studies in 10 + 2 pattern for two years. The candidate who have passed the Class X exam (or its equivalent) with at least 60% marks (or equivalent grade) in the Academic and whose parents/guardian have an annual income (from all sources) not exceeding Rs.2,00,000 per annum. The grant is provided to girl students who are interested (and willing) to pursue higher education in the 10 + 2 pattern. Note: The Regular scholarship should strictly be provided only to students who are going for under-graduation (or its equivalent). This scholarship is not meant for post-graduation studies.

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 Rs.2,00,000/- 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. Other Info DURATION The scholarship shall be provided for the entire duration of the course under General Scholarships and two years under Special Girl Scholar, subject to the candidate fulfilling requisite eligibility conditions for renewal.