The Life Insurance Corporation of India (LIC), a reputable government-owned enterprise, will offer a new scholarship in 2024 named the LIC HFL Vidyadhan. This scholarship is for students in India who are struggling financially and cannot afford higher education. It is to assist these deserving students with their financial troubles. Students who have completed the tenth grade and desire to continue their education can apply for this scholarship.
LIC HFL Vidyadhan Scholarship 2024
The LIC HFL Vidyadhan Scholarship, named after the Sanskrit terms for knowledge (Vidya) and wealth (Dhan), is a financial assistance programme for education. It provides Rs. 20,000 each year for two years to students who have completed 10th grade and are pursuing further education. This scholarship is primarily for students from low-income families who, despite their aptitude and passion, cannot afford to attend college. This scholarship intends to help these students further their education and better their future prospects. If you meet the eligibility requirements, you can apply on the official website.
Important Dates
The deadline to apply for the LIC Vidyadhan Scholarship 2024 for various student categories is listed below. Applicants should check the official website on a regular basis for updates.
Also Read: Digital Gujarat Scholarship
Objectives of the LIC Vidyadhan Scholarship 2024
- Empower underprivileged students by offering equitable educational chances.
- Help kids achieve academic excellence and personal growth.
- Encourage inclusivity and social welfare by helping economically disadvantaged students.
Benefits of the Vidyadhan Scholarship:
LIC provides scholarships with varying benefits:
- Post-graduate students receive INR 20,000 every year for two years.
- Graduate students receive INR 15,000 every year for three years.
- Students who pass 10th grade receive INR 10,000 per year for two years (11th and 12th grades).
Eligibility criteria for the LIC HFL Vidyadhan scholarship
To qualify for the LIC Corporation's numerous scholarship programmes, applicants must meet the following eligibility criteria:
LIC HFL Scholarship for Post Graduation 2024
- Students in their first year of a post-graduate programme at any recognized college, university, or institution in India are eligible to apply.
- Applicants must have obtained at least 60% in their respective UG-level programmes.
- The applicant's total annual family income cannot exceed INR 3,60,000.
- Preference will be provided for COVID-affected children who have lost any of their earning members/parents since January 2020, or whose earning family member(s) have lost their livelihood/employment due to the pandemic.
LIC HFL Vidyadhan Scholarship for Graduation 2024
- Students in the first year of a three-year graduate programme (in any stream) at any recognized college, university, or institution in India are eligible to apply.
- Applicants must have obtained at least 60% in their Class 12 board exams.
- The applicant's total annual family income cannot exceed INR 3,60,000.
- Priority will be provided for COVID-affected children who have lost any of their working members/parents since January 2020, or whose earning family member(s) have lost their livelihood/employment due to the pandemic.
LIC HFL Vidyadhan Scholarship for Class 10 Passers 2024
- Students enrolled in class 11 at any recognized Indian institution are eligible to apply.
- Applicants must have obtained more than 60% in their Class 10 board exams.
- The applicant's total annual family income cannot exceed INR 3,60,000.
- Consideration will be given to COVID-affected children who have lost any of their earning members/parents since January 2020, or whose earning family member(s) have lost their livelihood/employment due to the epidemic.
Documents Required for the LIC HFL Vidyadhan Scholarship
The organization requires the following documents to enable you apply for the many types of scholarships they offer:
LIC HFL Vidyadhan Scholarship for Postgraduate
- Photo identity evidence (Aadhaar card, PAN card, or passport)
- Marksheet for previous educational qualification
- Income proof (Form 16A, income certificate from government authority, salary stubs, etc.)
- Proof of admission (school/college/university ID card, genuine certificate, etc.)
- Current academic year fee receipt
- Scholarship applicant's bank account information (copies of canceled checks or passbooks)
- Crisis document (if applicable)
- Disability and Caste Certificate (if applicable)
LIC HFL Vidyadhan Scholarship for graduation
- Photo identity verification (Aadhaar card, PAN card, or passport)
- Marksheet for previous educational qualification
- Income proof (Form 16A, income certificate from government authority, salary stubs, etc.)
- Proof of admission (school/college/university ID card)
- Current academic year fee receipt
- Scholarship applicant's bank account information (copies of canceled checks or passbooks)
- Crisis document (if applicable)
- Disability and Caste Certificate (if applicable)
LIC HFL Vidyadhan Scholarship for students who have passed Class 10
- Photo identity evidence (Aadhaar card, PAN card, or passport)
- Marksheet for previous educational qualification
- Income proof (Form 16A, income certificate from government authority, salary stubs, etc.)
- Proof of admission (school/college/university ID card, genuine certificate, etc.)
- Current academic year fee receipt
- Scholarship applicant's bank account information (copies of canceled checks or passbooks)
- Crisis document (if needed)
- Disability and Caste Certificate (if needed)
What are the requirements for applying for the LIC HFL Vidyadhan Scholarship?
- Visit the LIC HFL Vidyadhan Scholarship official website.
- Go to the scholarships area of the homepage.
- Fill out the application form after clicking the "apply online" option.
- Enter all relevant information and upload the files.
- Submit your application.
Before applying, ensure that you:
- Determine whether you are eligible for the scholarship.
- Have all of your documents available.
- Have a valid email address.
- Skip the last-minute rush by applying before the deadline.
- Please double-check all the information before submitting.
- For a more convenient application, use a laptop or desktop.
- Keep a mobile phone handy.
LIC HFL Vidyadhan Scholarship Amount
Scholarship Program | Scholarship Amount (INR) |
LIC HFL Vidyadhan Scholarship for Class 8-10 | 10,000 |
LIC HFL Vidyadhan Scholarship for Class 10 Passed | 15,000 |
LIC HFL Vidyadhan Scholarship for Graduation | 20,000 |
LIC HFL Vidyadhan Scholarship for Post-Graduation | 20,000 |
LIC Vidhyadhan Scholarship 2024: Objectives Behind
Objective | Explanation of Objective |
To promote education | In order to promote education amongst financially weaker students, this scholarship is designed to support meritorious and talented students. |
Reduction in dropout rates | As students back out from continuing education, this scholarship is intended to reduce dropout rates so that students can carry on with their education. |
Empowerment through Education | Education is great tool to empower students. LIC Vidhyadhan Scholarship is intended to support empowerment for students so that they can improve their social and economic status. |
Promote Skill Development | To cultivate skills and practical knowledge among students, LIC Vidhyadhan Scholarship aims to inculcate in-demand skills so that students can thrive in the professional world. |
LIC Vidhyadhan Scholarship 2024: Important Dates
Category | Date |
For Class 10 passed students | 30 September 2024 (Tentative) |
For Graduation students | 15 October 2024 (Tentative) |
For Postgraduate students | 15 October 2024 (Tentative) |
Selection Procedure
The Life Insurance Corporation will use a fairly easy selection approach for the HFL Vidyadhan scholarship. Applicants will be chosen based on their merit and financial requirements. The applicant must thoroughly fill out the application form. This scholarship application will be screened based on merit and financial need. Following the shortlisting, the applicant will be contacted via telephone. The face-to-face interview will be the final stage of selection for this position. To be selected for this scholarship, the applicant must meet the following criteria:
- The applicant's merit is 65% or higher in the previous exam.
- Financial Need- Students from lower-income families would be preferred [Annual income less than INR 3,00,000 (3 lakhs).
- Students supported by single parents, orphans, students with critical/terminal parents, as well as students from homes where one or more earning members have lost their jobs in the recent year.
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