Table of Contents
1. What’s the big news?
LIC’s Golden Jubilee Scholarship has been revamped for 2024–25. It’s part of LIC’s broader CSR efforts to support meritorious students from economically weaker sections pursuing higher education in India.
2. Who’s eligible?
- Academic criteria: 60% or above in 10th, 12th, or diploma final exams.
- Family income: ₹2.5 lakh/year or less (with some relaxation up to ₹4 lakh for single-mother families)
- Institutions: Must be pursuing full‐time, regular courses—academic, technical, vocational, or integrated—approved by NCVT/government/university
3. Scholarship categories & amounts
| Category | Courses Covered | Amount per Year |
|---|---|---|
| Medical (MBBS/BAMS/BHMS/BDS) | Full-time medical degrees | ₹40,000 (₹20k × 2 instals) |
| Engineering (BE/B.Tech/B.Arch) | Full-time engineering degrees | ₹30,000 (₹15k × 2 instals) |
| General (UG/Diploma/etc.) | All other graduation, diploma, ITI, integrated courses | ₹20,000 (₹10k × 2 instals) |
| Special Girl‑Child Scholarship | After 10th, for girls enrolling in Intermediate/Diploma/ITI—up to 2 years | ₹15,000 (₹7.5k × 2 instals) |
💡 All funds are transferred directly via NEFT to the student’s bank account
4. Why this matters
This scheme stands out for its range—supporting students from Class XII to professional courses—and its substantial amounts, especially in medical and engineering fields. The Girl‑Child scholarship focuses on encouraging female participation in higher education.
6. Recent updates
The 2024 expansion saw a substantial increase:
- Medical courses: ₹40,000/year (up from ₹20,000)
- Engineering: ₹30,000/year
- General: ₹20,000/year
The Girl‑Child scholarship remains at ₹15,000/year
💬 Final Thoughts
LIC’s Golden Jubilee Scholarship is a powerful opportunity for students from economically weaker backgrounds to secure significant financial support—up to ₹40,000 annually. If you’re eligible, don’t miss it!
