The Life Insurance Corporation of India (LIC), a trusted government-owned company, launched new scholarship in 2024 called the LIC HFL Vidyadhan. This scholarship is for students in India who are financially struggling and can’t afford higher education. It’s to help these deserving students overcome their financial difficulties. Students who have completed their 10th grade and want to continue their studies can apply for this scholarship.
LIC HFL Vidyadhan Scholarship 2024
The LIC HFL Vidyadhan Scholarship, named after the Sanskrit words for knowledge (Vidya) and wealth (Dhan), is a financial aid program for education. It offers Rs. 20,000 per year for two years to students who have passed 10th grade and are pursuing higher studies.
This scholarship is primarily for students from low-income families who can’t afford higher education, despite their talent and ambition. This scholarship aims to support these students in their education and improve their future prospects. If you eligible, you can apply on the official website.
| Launched By | Life Insurance Corporation of India |
| Name of Scholarship | LIC HFL Vidyadhan Scholarship |
| Objective | To provide financial assistance for education |
| Benefits | Rs.20,000/- per year for 2 years |
| Eligibility Criteria | Students who passed 10th to post-graduation |
| Year | 2024 |
Important Dates
- The LIC Vidyadhan Scholarship’s deadline is 30th September 2023.
Benefits of the Vidyadhan Scholarship
LIC offers scholarships with different benefits:
- Post-grad students get INR 20,000 yearly for 2 years.
- Grad students receive INR 15,000 yearly for 3 years.
- Students who passed 10th grade get INR 10,000 yearly for 2 years (for 11th and 12th grades).
Eligibility Criteria for LIC HFL Vidhyadhan Scholarship
Eligibility criteria for LIC’s scholarships:
- Post-Graduation Scholarship: First-year post-grad students in any Indian institution can apply. They must have scored at least 60% in their undergraduate program. The family income should be less than INR 3,60,000 per year. Preference is given to children affected by COVID since January 2020.
- Graduation Scholarship: First-year students in any stream at an Indian institution are eligible. They need a minimum of 60% in their Class 12 exams. The family income limit is INR 3,60,000 per year. COVID-affected children since January 2020 are given preference.
- Class 10 Graduates Scholarship: Students enrolled in Class 11 at an approved institution can apply. They need at least 60% in their Class 10 exams. The family income should be less than INR 3,60,000 per year. Preference is given to children affected by COVID since January 2020.
Documents Required for LIC HFL Vidhyadhan Scholarship
You need the following documents to apply for this scholarship:
- Photo ID like Aadhaar, PAN, or passport.
- Your previous academic records.
- Proof of income such as Form 16A, income certificate, or pay slips.
- School or college ID or a valid certificate.
- Fee receipt for the current academic year.
- Your bank account details, including a check or passport copy.
- If applicable, a crisis report.
- If applicable, disability and caste certificates.
How to apply for LIC HFL Vidyadhan Scholarship?
- Visit the LIC HFL Vidyadhan Scholarship website.
- Go to the scholarships section on the homepage.
- Click on the apply online option and fill out the application form.
- Enter all the required information and upload the necessary files.
- Submit the application.
Before applying, make sure you:
- Check if you are eligible for the scholarship.
- Have all your documents ready.
- Have a working email address.
- Apply before the deadline to avoid last-minute rush.
- Double-check all the details before submitting.
- Use a laptop or desktop for easier application.
- Have a mobile phone handy.
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