LIC GOLDEN JUBILEE SCHOLARSHIP-2011
The objective of the scheme is to award scholarships to meritorious students belonging to economically weaker sections of society so as to provide them better opportunities for higher education increase their rate of attainment in higher education and enhance their employability. The scholarship is to be awarded for studies in India in a government or private college/university.
Students who have passed Class XII exam or its equivalent in the Academic Year 2010-11 and are interested to pursue higher education in the field of
i) Medicine, Engineering, Graduation, in any discipline, Diploma Course in any field or other equivalent courses.
ii) Vocational Courses through Government recognized Colleges/Institutes or courses in Industrial Training Institutes (ITI).
For i) above Candidates who have passed Class XII exam or equivalent in the Academic year 2010-11 with at least 60% marks or equivalent grade and annual income of whose parents/guardian from all sources does not exceed ` 60,000/ per annum.
For ii) above The basic educational qualification is relaxed to Class X or equivalent with at least 60% marks in the Academic year 2011 subject to income ceiling of parents/guardians.
DURATION:
Scholarship shall be provided for the entire course.
RATE OF SCHOLARSHIP10,000/- per annum, 1000/ payable monthly for ten months by Cheques to the Beneficiary.
CONDITIONS FOR SCHOLARSHIP:
(i) 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/guardian from all sources does not exceed Rs.60,000/ per annum. Students having the lowest family income shall be given preference in the ascending order.
(ii) Scholarship shall not be given to more than one student in a family.
(iii) 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 such as land held by revenue department in the name of parents.
(iv) 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.
RENEWAL OF SCHOLARSHIP:
The scholarship, once awarded, may be renewed during the next academic year of the course on the production of certificate that the student has secured 50% in B.A./B.COM. and 55% marks in other streams or equivalent grade in the examination.
MODE OF APPLYING:
Only online applications are to be submitted through the link on the Home page. Once online application is submitted, the candidate will get acknowledgement at the email ID provided by him in his online application.
Last date for online application is 8.08.2011
