- The LIC Golden Jubilee Foundation Scholarship now caps annual family income at Rs 2,50,000, relaxed to Rs 4,00,000 where a woman is the sole earner
- A minimum of 60 percent in the qualifying exam is required
- General Scholarship amounts range from Rs 20,000 to Rs 40,000 a year by course, and the Special Girl Child Scholarship pays Rs 15,000 a year.
The LIC Golden Jubilee Scholarship is one of India's best-known corporate scholarships for students from economically weaker families. Run by the LIC Golden Jubilee Foundation, it helps meritorious students meet the cost of higher, professional and vocational education. This guide explains the eligibility, amount, documents, application steps and last dates for the current cycle.
Who Provides the LIC Scholarship?
The LIC Golden Jubilee Scholarship is funded by the LIC Golden Jubilee Foundation, a charitable trust established by the Life Insurance Corporation of India in 2006. It supports economically weaker students pursuing higher, professional or vocational education after Class 10 or Class 12 in recognised government and private institutions across India.
The LIC Golden Jubilee Foundation was established on 20 October 2006 and is registered as a public charitable trust. It is the corporate social responsibility arm of the Life Insurance Corporation of India, which itself was set up under the LIC Act of 1956. The Foundation runs the scholarship as one of its flagship education programmes.
National Scholarship Portal (NSP) guideRead →What Is the LIC Golden Jubilee Scholarship?
The LIC Golden Jubilee Scholarship is a merit-cum-means award for meritorious students from low-income families. It runs as two schemes: the General Scholarship for students entering graduation, professional or diploma courses, and the Special Girl Child Scholarship for girls continuing to Class 11 or 12. Funds are paid directly by bank transfer.
The scheme has two parts. The General Scholarship supports students who have cleared Class 12 and are entering graduation, medicine, engineering, integrated, diploma or vocational courses. The Special Girl Child Scholarship supports girls who have cleared Class 10 and are continuing to Class 11 and 12. Both are awarded strictly on merit and financial need.
What Are the Eligibility Criteria?
To qualify, a student must have passed the qualifying Class 10 or Class 12 examination with at least 60 percent marks. The annual family income must not exceed Rs 2,50,000 from all sources, relaxed to Rs 4,00,000 where a widow, single mother or unmarried woman is the sole earner of the family.
- Passed Class 10 or Class 12 with a minimum of 60 percent marks in the qualifying examination
- Annual family income not exceeding Rs 2,50,000 from all sources
- Income limit relaxed to Rs 4,00,000 where a widow, single mother or unmarried woman is the sole earner
- Studying in a recognised government or private institution in India
- Vocational or technical courses must be affiliated to the National Council for Vocational Training or a recognised board
How Much Is the Scholarship Amount?
The amount depends on the course. Under the General Scholarship, medical students receive Rs 40,000 per year, engineering students Rs 30,000, and graduation, diploma or vocational students Rs 20,000. The Special Girl Child Scholarship awards Rs 15,000 per year. All amounts are paid in yearly installments by NEFT into the student's bank account.
| Course (2026) | Scholarship Amount per Year |
|---|---|
| Medicine (MBBS, BDS, BAMS, BHMS) | Rs 40,000 |
| Engineering (BE, BTech, BArch) | Rs 30,000 |
| Graduation, diploma or vocational course | Rs 20,000 |
| Special Girl Child Scholarship | Rs 15,000 |
All amounts are credited directly to the student's own bank account through NEFT, so an active account with a valid IFSC code is essential. The scholarship is renewable each year until the course is completed, provided the student stays regular and meets the minimum marks required for renewal.
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Applications are made online through the LIC Golden Jubilee Foundation section of the official LIC website. Students register, complete the form with personal and academic details, upload scanned documents including marksheets and an income certificate, and submit. An acknowledgement is emailed to the registered address, which should be saved for future reference.
- Visit the official LIC website and open the LIC Golden Jubilee Foundation scholarship section
- Click on Apply Online and register with your basic details
- Fill in personal information, academic qualifications and correspondence address
- Upload the scanned documents, including marksheets and an income certificate
- Submit the form and save the acknowledgement emailed to your registered address
Which Documents Are Required?
Applicants must keep scanned copies ready before filling the form. The core documents are a recent passport-size photograph, the applicant's signature, proof of date of birth, an address proof, the previous examination marksheet, and a family income certificate. A caste certificate is needed only where the applicant claims a reserved category.
- Recent passport-size photograph
- Scanned signature of the applicant
- Proof of date of birth
- Address proof
- Previous examination marksheet
- Family income certificate
- Caste certificate, only if claiming a reserved category
When Is the Last Date to Apply?
The LIC Golden Jubilee Foundation announces fresh dates each academic year on the official website. For the 2025-26 cycle, the online application window closed on 6 October 2025 after an extension. Students should watch the official LIC scholarship page, as the next cycle usually opens in the second half of the year.
Because dates change every year, the safest source is the official LIC Golden Jubilee Foundation scholarship page. Applicants should apply well before the deadline, as the portal can slow down close to the closing date, and keep a copy of the submitted form until the shortlist is published.
What Are the Key Terms and Conditions?
Only one scholarship is allowed per family, and the student must remain a regular, full-time learner. Renewal each year requires maintaining at least 50 percent in arts, science or commerce and higher marks in professional streams. Scholarships obtained through false documents are cancelled and the paid amount is recovered by LIC.
- Only one student per family can hold the scholarship at a time
- Selection is based on merit and family income, with the lowest-income eligible students given preference
- The student must remain regular and full-time in the sanctioned course
- Renewal requires at least 50 percent in arts, science or commerce, and higher marks in professional streams
- A scholarship obtained through false documents is cancelled and the amount already paid is recovered