LIC Golden Jubilee Scholarship
The LIC Golden Jubilee Scholarship Scheme is an educational assistance programme intended to support academically strong students from financially weaker families. The scheme helps eligible students continue their higher education by providing financial assistance for selected courses and programmes.
Introduction to LIC Golden Jubilee Scholarship Scheme
The LIC Golden Jubilee Scholarship Scheme is designed for meritorious students who have achieved good academic results but may require financial assistance to pursue further studies.
According to the scheme, eligible students can receive support for education in government or private colleges, universities, ITIs, and approved vocational courses. The objective is to make higher education more accessible and help students improve their future employment opportunities.
Launch Date of the LIC Golden Jubilee Scholarship Scheme
If you are specifically looking for the launch date, the official Golden Jubilee Scholarship Scheme-2025 document is the clearest reference for the 2025 cycle.
The 2025 scheme notice relates to the 2025-26 academic year and contains the application-related details for that cycle. The official application deadline was initially 22 September 2025, which was subsequently extended to 6 October 2025.
Therefore, when writing about the 2025 edition, it is more accurate to refer to it as the 2025-26 scholarship cycle rather than assigning an unrelated historical launch date.
Withdrawal Date
The official LIC scholarship information does not specify a separate withdrawal date for the scheme.
Instead, it provides a last date for submitting applications. For the 2025-26 cycle, the original deadline was 22 September 2025, which LIC later extended to 6 October 2025.
Therefore, if the term “withdraw date” is being used to mean the application closing date, 6 October 2025 should be treated as the extended final application date for that cycle.
What is the LIC Golden Jubilee Scholarship Calculator?
The LIC Golden Jubilee Scholarship Calculator is not an official LIC calculator. It can be used as a simple estimation tool to help students understand the scholarship amount they may receive according to their course and eligibility category.
Since LIC specifies fixed scholarship amounts for different categories, calculating the potential benefit is relatively straightforward.
The calculator generally considers:
- The student’s qualifying class or examination.
- The type of course selected.
- Whether the student falls under the general scholarship or special girl-child scholarship category.
- Family income and other eligibility conditions.
Scholarship Amount Under LIC Golden Jubilee Scholarship Scheme
The scholarship amount differs according to the course or category selected by the student.
| Course / Category | Scholarship Per Year | Payment Pattern |
|---|---|---|
| Medical courses such as MBBS, BAMS, BHMS and BDS | ₹40,000 | 2 instalments of ₹20,000 |
| Engineering courses such as BE, BTech and BArch | ₹30,000 | 2 instalments of ₹15,000 |
| Graduation, integrated diploma, vocational and ITI courses | ₹20,000 | 2 instalments of ₹10,000 |
| Special Scholarship for Girl Child after Class 10 | ₹15,000 | 2 instalments of ₹7,500 |
The actual continuation of the scholarship is subject to the applicable renewal requirements and conditions of the scheme.
Eligibility Criteria
The eligibility requirements for the 2025 scheme are based mainly on academic performance, family income, and admission during the relevant academic year.
For the 2025-26 cycle, students generally needed to have passed Class 12 or Class 10 with at least 60% marks, depending on the applicable scholarship category. The student’s annual family income was required to be within the prescribed limit of ₹4,50,000.
The scheme broadly covers two categories:
General Scholarship
This category is available to eligible students continuing education after Class 12 or, where applicable, after Class 10 in qualifying courses.
Special Scholarship for Girl Child
A separate scholarship is available for eligible girl students after Class 10 who continue their studies for two years in intermediate/10+2, vocational, diploma, or ITI programmes.
Where applications exceed the available number of scholarships, preference may be given according to the scheme’s prescribed merit and family-income criteria.
How Does the LIC Golden Jubilee Scholarship Calculator Work?
A scholarship calculator can estimate the potential amount using the fixed scholarship rates specified by LIC.
The basic calculation can be performed as follows:
- Medical course: ₹40,000 per year.
- Engineering course: ₹30,000 per year.
- Graduation, diploma, integrated, vocational or ITI course: ₹20,000 per year.
- Special girl-child scholarship: ₹15,000 per year.
Based on the selected category, the calculator can display:
- Annual scholarship amount.
- Amount received in each instalment.
- Potential scholarship over the course duration.
- Basic eligibility based on marks and family income.
Example Calculation
Suppose a student takes admission in a BTech course and remains eligible for the scholarship throughout the programme.
The applicable scholarship amount is ₹30,000 per year, paid in two instalments of ₹15,000 each.
For a four-year course:
₹30,000 × 4 = ₹1,20,000
Therefore, the potential total scholarship would be ₹1,20,000, provided the student continues to satisfy the renewal conditions every year.
Another Example
If a student is pursuing a qualifying graduation course, the scholarship amount is ₹20,000 per year.
For a three-year course:
₹20,000 × 3 = ₹60,000
Thus, the student could receive a total of ₹60,000 over three years, subject to the scheme’s eligibility and renewal conditions.
Important Rules of the Scholarship
Students should carefully review the conditions before applying. The scholarship is not intended for postgraduate studies.
LIC also excludes certain forms of education, including courses pursued through correspondence, part-time, evening, night classes, or open universities, according to the scheme conditions.
Other important provisions include:
- Generally, only one student from a family can receive the scholarship.
- Students are expected to maintain the required attendance.
- Renewal depends on meeting the prescribed academic requirements.
- Scholarship payments are transferred directly to the student’s bank account through NEFT.
Documents and Information Required
Before completing the application, students should keep the required documents and banking information ready.
These may include:
- Academic marksheet.
- Family income certificate.
- Admission or course proof.
- Student bank account details.
- IFSC code.
- Cancelled cheque.
Providing correct information and supporting documents is important for the application and verification process.
How to Apply for LIC Golden Jubilee Scholarship
Applications for the scholarship are submitted online through LIC’s official website.
After completing the application, the student receives an acknowledgement by email. Further communication regarding the application may take place through the LIC divisional office specified in the acknowledgement.
Students should carefully enter their academic, income, admission, and banking information while completing the application form.
Who Can Benefit From a Scholarship Calculator?
A simple LIC scholarship calculator can be useful for several groups, including:
- Students who want to estimate the financial assistance available to them.
- Parents planning their children’s education expenses.
- Teachers and education counsellors helping students understand scholarship opportunities.
- Website owners creating an educational scholarship estimation tool.
For a user-friendly calculator, the following inputs can be included:
- Class 10 or Class 12 marks.
- Course or programme type.
- Student’s gender where required for the special girl-child category.
- Annual family income.
- Academic year of admission.
The calculator can then display the estimated annual scholarship and applicable instalment amount.
Frequently Asked Questions
What is the LIC Golden Jubilee Scholarship Scheme?
It is an educational scholarship programme introduced by LIC to provide financial assistance to meritorious students from economically weaker families pursuing eligible higher education and vocational courses.
How much scholarship is provided?
Under the 2025 scheme, the annual scholarship amount is ₹40,000 for medical courses, ₹30,000 for engineering courses, ₹20,000 for graduation/diploma/vocational/ITI courses, and ₹15,000 for the special girl-child scholarship.
What is the launch date of the 2025 scholarship scheme?
The official LIC document is titled Golden Jubilee Scholarship Scheme-2025 and applies to the 2025-26 academic cycle. It serves as the official scheme notice for that year’s applications.
What was the last date to apply?
The original application deadline was 22 September 2025. LIC subsequently extended the deadline to 6 October 2025 for the 2025-26 cycle.
Can postgraduate students apply?
No. The scholarship scheme does not cover postgraduate studies.
Is there a scholarship specifically for girl students?
Yes. LIC provides a Special Scholarship for Girl Child for eligible girls after Class 10 pursuing qualifying two-year intermediate/10+2, vocational, diploma, or ITI programmes.
How is the scholarship amount paid?
The scholarship is transferred directly to the student’s bank account through NEFT.
Can multiple students from the same family receive the scholarship?
Generally, the scheme permits only one student per family, subject to the specific provisions and exceptions mentioned in the applicable scheme.
Conclusion
The LIC Golden Jubilee Scholarship Scheme provides valuable financial assistance to eligible meritorious students who need support to continue their education. The programme covers several academic, professional, diploma, vocational, and ITI courses, with the scholarship amount varying according to the selected category.
A LIC Golden Jubilee Scholarship Calculator can make it easier for students and parents to estimate the potential scholarship amount, instalment value, and possible assistance over the course duration.
For the 2025-26 cycle, the original application deadline of 22 September 2025 was extended to 6 October 2025. Students should always check the latest official LIC notification for current eligibility rules, deadlines, and scholarship amounts before applying.
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