LIC Golden Jubilee Foundation Scholarship
Typically opens September–October. Verify on the LIC Golden Jubilee Foundation site.
Not independently verified. Confirm the amount and eligibility on the official portal before applying.
Go to official portal →
- Amount
- ₹5,000–₹20,000 per year
- Who can apply
- Students studying in class 10+2, ITI, diploma or degree courses, with at least 60% marks (50% for disabled).
- Income limit
- Family income below ₹4.5 lakh per year
- Study level
- Class 11-12, College / UG, Diploma
- Apply through
- LIC Foundation portal / offline application
- Notes
- Foundation-run; also offers scholarships for disabled students (30 slots).
About this scholarship
The LIC Golden Jubilee Foundation Scholarship is one of the most prominent and highly sought-after corporate social responsibility (CSR) initiatives in the country. Funded by the Life Insurance Corporation of India, this scheme steps in right at the critical juncture after Class 10 and Class 12 board exams. It targets meritorious students from economically weaker families, providing them with the crucial financial assistance needed to pursue higher education. Whether a student is aiming for a vocational diploma, a standard graduation degree, or an expensive professional course like engineering or medicine, the LIC Foundation wants to ensure that financial hardship doesn't cut their academic journey short. The financial support is structured as a substantial annual grant. Selected students receive between ₹5,000 and ₹20,000 per year, depending on the level and type of course they are pursuing. This amount is usually disbursed in installments directly to the student's bank account, helping to cover tuition fees, books, and living expenses. The funding continues for the entire duration of the chosen course. In a massive push for inclusivity, the scheme also features a dedicated quota for girl students pursuing post-graduation or continuing their higher studies, as well as a specific quota of slots reserved for students with disabilities. Eligibility is fiercely competitive. The scheme looks for a combination of high academic merit and proven economic need. Students must have secured at least 60% marks (relaxed to 50% for disabled students) in their Class 10 or Class 12 board exams. Equally important is the income filter: the total family income from all sources must not exceed ₹4.5 lakh per annum. The selection process is decentralized; a fixed number of scholarships are allocated to each LIC Divisional Centre across the country, meaning you are competing locally within your division, not just nationally. The application process starts online on the LIC India website, usually in the months following the board exam results. Because the scheme is so popular, the initial online screening is brutal. The biggest mistake students make is entering casual or incorrect contact details. If you are shortlisted based on your online form, the local LIC Divisional Office will attempt to contact you to verify your documents. If your phone number is wrong, they simply move to the next candidate on the list. Once you receive that callback, you must physically present your original income certificate and marksheets. If your income proof looks sketchy or isn't officially verified, you will be disqualified immediately. After securing the scholarship, you must maintain a strong academic record—typically above 50% or 55%—to renew the grant each year. The LIC Golden Jubilee Scholarship is a lifeline for ambitious students; stay vigilant for the notification and keep your paperwork pristine.
Documents you need
- Class 10 or Class 12 marksheet
- Family income certificate
- Proof of admission in a recognised college or ITI
- Aadhaar card
- Bank passbook
- Passport-size photograph
How to apply
- Wait for the official notification on the LIC India website (licindia.in), which usually goes live shortly after national board results are declared.
- Fill out the online application form accurately, ensuring your contact details (phone and email) are correct, as this is how the LIC office will contact you if shortlisted.
- If you receive a callback or email, physically visit the designated local LIC Divisional Office with your original marksheets and income certificate.
- Upon selection, maintain your academic performance and submit your annual marksheets to the LIC office to ensure the scholarship is renewed.
Expert Tip
The local LIC Divisional Office handles the physical verification. If you are shortlisted online, ensure you have original, physical copies of your income certificate and marksheets ready. Many students lose their spot because they can't produce the hard copies when called.
Why applications get rejected
- Applying if your family income is above the threshold; the scheme strictly filters out higher-income applicants.
- Entering incorrect contact details in the online form, making it impossible for the LIC office to reach out if you are shortlisted.
- Failing to provide genuine income proof when called for physical verification.
Common questions
When does LIC Golden Jubilee Foundation Scholarship open for 2026?
Typically opens September–October. Verify on the LIC Golden Jubilee Foundation site.
What is the last date to apply for LIC Golden Jubilee Foundation Scholarship?
The closing date is announced for each cycle rather than fixed in advance, so it is not the same every year. Typically opens September–October. Verify on the LIC Golden Jubilee Foundation site.
How do I apply for LIC Golden Jubilee Foundation Scholarship?
Applications are submitted through LIC Foundation portal / offline application. Wait for the official notification on the LIC India website (licindia.in), which usually goes live shortly after national board results are declared.
Do I or my parents need to have an LIC insurance policy to apply?
No, the scholarship is entirely an open CSR initiative. You do not need any affiliation or policy with LIC to be eligible.
What is the family income limit for the LIC scholarship?
Your total family income from all sources must not exceed ₹4.5 lakh per annum.
How will I know if I am selected?
If you are shortlisted from the online applications, the local LIC Divisional Office will contact you directly via the phone number or email you provided to arrange document verification.
Can I apply for this if I am studying a vocational ITI course?
Yes, students pursuing diploma or ITI courses after Class 10 are highly encouraged to apply.
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