LIC HFL Vidyadhan Scholarship 2024 : Benefits Details Scholarship Amount

Learn about the LIC HFL Vidyadhan Scholarship 2024, offering up to INR 25,000 for students from Class 8 to postgraduation. Discover eligibility criteria, scholarship amounts, and step-by-step application process

In an effort to support the education of underprivileged students across India, LIC Housing Finance Limited (LIC HFL) has introduced the Vidyadhan Scholarship. This Corporate Social Responsibility (CSR) initiative aims to provide financial assistance to students from lower-income families, helping them pursue their academic dreams from Class 8 to postgraduation. This article provides a comprehensive guide to the LIC HFL Vidyadhan Scholarship 2024, covering its eligibility criteria, scholarship amounts, application process, and more.

About the Program

Incorporated in 1989, LIC Housing Finance Ltd. (LICHFL) is one of the largest Housing Finance Companies in India. While its primary objective is to provide long-term finance for housing, it also extends its support to the education sector through the Vidyadhan Scholarship, a CSR initiative designed to empower financially disadvantaged students.

Scholarship Amount

The LIC HFL Vidyadhan Scholarship offers financial assistance varying by the level of education:

• Class 8-10: INR 20,000
• Class 11/12: INR 20,000
• Graduation: INR 20,000
• Post-Graduation: INR 20,000

Eligibility Criteria

The scholarship is available for various educational levels, each with specific eligibility requirements:

Class 8-10 Students

• Enrollment: Must be enrolled in Class 8, 9, or 10 at a recognized institution in India.
• Academic Performance: Minimum 65% marks in the previous class.
• Family Income: Annual income must be less than INR 3,00,000.
• Preference: Given to students from low-income groups or those facing crises (orphans, differently-abled, critically ill).

Class 10 Passed Students

• Enrollment: Must be enrolled in Class 11 at a recognized institution in India.
• Academic Performance: Minimum 60% marks in the Class 10 board examination.
• Family Income: Annual income must be less than INR 3,60,000.
• Preference: Given to students affected by COVID-19 or those facing significant financial challenges.

Graduation Students

• Enrollment: Must be in the first year of a three-year graduation program at a recognized institution in India.
• Academic Performance: Minimum 60% marks in the Class 12 board examination.
• Family Income: Annual income must be less than INR 3,60,000.
• Preference: Given to students from low-income families or those affected by COVID-19.

Post-Graduation Students

• Enrollment: Must be in the first year of a post-graduation program at a recognized institution in India.
• Academic Performance: Minimum 60% marks in undergraduate studies.
• Family Income: Annual income must be less than INR 3,60,000.
• Preference: Given to students from low-income families or those facing crises.

How to Apply: Step-by-Step Application Process

The application process for the LIC HFL Vidyadhan Scholarship 2024 is straightforward and entirely online. Follow these steps to apply:

1. Visit the Official Website: Go to the official LIC Housing Finance Limited website or the specific scholarship portal.
2. Create an Account: If you are a new user, create an account. Existing users can log in.
3. Fill Out the Application Form: Complete the scholarship application form with accurate details.
4. Upload Required Documents: Submit necessary documents including a passport-size photograph, photo identity proof, proof of admission, income certificate, previous academic marksheets, and bank account details.
5. Submit the Application: Review all the details and submit the application form.
6. Check for Updates: Regularly check the official website for any updates or further instructions.

Documents Required for Application

• Passport-size photograph
• Photo identity proof (Aadhaar Card, Passport, PAN Card, Voter Card)
• Proof of admission (School, College, University ID)
• Admission receipt for the current academic year
• Income Certificate issued by Government Authorities
• Previous examination mark sheet
• Bank account passbook details
• Crisis document (if applicable)

Important Dates

• Class 10 Passed Students: 30 September 2024 (Tentative)
• Graduation Students: 15 October 2024 (Tentative)
• Post-Graduation Students: 15 October 2024 (Tentative)

For more information and to apply, visit the official LIC Housing Finance Limited website. Share this article with fellow students who might benefit from this scholarship and help spread the word about this empowering initiative.