LIC Golden Jubilee Scholarship Scheme: Benefits, Eligibility & Apply Online

LIC Golden Jubilee Scholarship Scheme, implemented by the LIC Golden Jubilee Foundation, provides annual scholarship assistance of Rs. 15,000 to Rs. 50,000 to meritorious students from economically weaker families pursuing higher education, professional courses, diploma programmes, vocational training, and ITI courses. Eligible students can submit their applications online through the official GJSS portal.

LIC Golden Jubilee Scholarship Scheme Highlights
Scheme NameLIC Golden Jubilee Scholarship Scheme
Implementing OrganizationLIC Golden Jubilee Foundation
Foundation Establishment Date20 October 2006
ObjectiveSupport meritorious students from economically weaker sections
Scholarship for Medical CoursesRs. 50,000 per year
Scholarship for Engineering CoursesRs. 40,000 per year
Scholarship for Graduation, Diploma, Vocational & ITI CoursesRs. 20,000 per year
Special Scholarship (After Class 10)Rs. 15,000 per year
Minimum Academic Requirement60% marks or equivalent grade in the qualifying examination
Maximum Family IncomeRs. 4,50,000 per annum
Total Scholarships Available13,440 scholarships every year
Selection MethodMerit-based, no written test or interview
Application ModeOnline
Payment MethodDirect bank transfer (NEFT) in two instalments
Application Deadline (Current Cycle)30 September 2026
Official Application Portalgjss.licindia.in

Benefits of LIC Golden Jubilee Scholarship Scheme

Introduction of LIC Golden Jubilee Scholarship Scheme: A Brief Insight

A talented student should never have to give up higher education simply because of financial difficulties. To support deserving students from economically weaker families, the Life Insurance Corporation of India operates the LIC Golden Jubilee Scholarship Scheme through its dedicated charitable foundation.

The scheme is implemented by the LIC Golden Jubilee Foundation, which was established on 20 October 2006. Its primary objective is to help meritorious students continue their education without financial hardship by providing scholarship assistance for professional, technical, vocational, and higher education courses.

Under this scholarship programme, eligible students can receive financial assistance ranging from Rs. 15,000 to Rs. 50,000 per year, depending on the course they are pursuing. The scholarship amount is released in two instalments every year and can continue throughout the duration of the approved course, subject to renewal conditions.

To qualify, the student’s family income from all sources must not exceed Rs. 4,50,000 per annum. Selection is based purely on academic merit and eligibility criteria within the respective LIC Divisional Office jurisdiction. No entrance examination, interview, or additional selection test is conducted under the scheme.

Every year, more than 13,440 scholarships are awarded across India, making it one of the largest merit-cum-means scholarship programmes supported by a public sector institution. The scheme covers students pursuing medical, engineering, graduation, diploma, vocational, and ITI courses, as well as students continuing their studies after Class 10 under the Special Scholarship category.

Applications are accepted completely online through the official GJSS portal. For the current cycle, eligible students can submit their applications up to 30 September 2026. Once an application is submitted, the concerned LIC Divisional Office manages verification, selection, and further communication.

Students can also explore the SBI Platinum Jubilee Asha Scholarship Scheme, which provides merit-cum-means financial assistance to deserving students. Those planning higher education through educational loans may also find the PM Vidyalaxmi Scheme useful, as it facilitates collateral-free education loans for eligible institutions.

Students looking for additional scholarship opportunities, education assistance programmes, and other student welfare initiatives can explore our complete collection of List of Welfare Schemes of Central Government for the latest opportunities available across India.

Benefits Provided to Eligible Beneficiaries

Under the LIC Golden Jubilee Scholarship Scheme, the scholarship amount varies according to the course a student is pursuing. Professional courses with higher educational expenses receive larger financial support, while students enrolled in other eligible programmes also receive annual assistance to continue their studies without financial hardship.

General Scholarship Amount

  • Medical Courses (MBBS, BAMS, BHMS, BDS and equivalent): Rs. 50,000 per year
  • Engineering Courses (BE, B.Tech, B.Arch and equivalent): Rs. 40,000 per year
  • Graduation, Integrated Courses, Diploma Programmes, Vocational Courses and ITI Courses: Rs. 20,000 per year

The scholarship amount under the General Scholarship category is released in two equal instalments during the academic year.

Special Scholarship Amount

  • Students admitted after Class 10: Rs. 15,000 per year

The Special Scholarship is also disbursed in two instalments, helping students continue their Intermediate, Diploma, Vocational, or ITI education.

Scholarship Continuation and Renewal

One of the biggest advantages of the LIC Golden Jubilee Scholarship Scheme is that the financial assistance is not restricted to a single year. Selected scholars can continue receiving the scholarship throughout the approved duration of their course, provided they maintain satisfactory academic performance and fulfil the renewal conditions prescribed by LIC Golden Jubilee Foundation.

Mode of Scholarship Disbursement

  • The first instalment is released after successful selection of the candidate
  • The second instalment is generally released after submission of the required academic progress documents, such as semester results or attendance certification, wherever applicable
  • The scholarship amount is transferred directly to the student’s bank account through the NEFT system

Selection and Scholarship Coverage

  • A total of 13,440 scholarships are available under the 2026 scholarship cycle across India
  • Each LIC Divisional Office selects eligible students under both General and Special Scholarship categories
  • Selection is based on merit, considering marks obtained in the qualifying examination and compliance with income criteria
  • No written test, interview, or separate entrance examination is conducted for scholarship selection

Eligibility Conditions Required to be Fulfilled

LIC Golden Jubilee Scholarship Scheme offers support to deserving students through two separate scholarship categories. Before applying, students should carefully verify which category matches their educational qualification and current course of study.

Basic Eligibility Requirements for All Applicants

  • You must be pursuing studies in India at a recognised Government or Private college, university, institution, or NCVT-affiliated ITI/ITC
  • The combined annual income of your parents or guardian from all sources, including agricultural income, must not exceed Rs. 4,50,000
  • You must have secured a minimum of 60% marks or equivalent grade/CGPA in the qualifying examination
  • You should have taken admission in the first year of the eligible course during the applicable academic session

Eligibility for General Scholarship

Students who have passed Class 12, equivalent examinations, or Diploma courses with the prescribed marks can apply under the General Scholarship category. Eligible courses include Engineering, Medical, Graduation programmes, Integrated Courses, Diploma programmes, Vocational Courses, and ITI training programmes.

Eligibility for Special Scholarship

Students who have passed Class 10 with the required marks and secured admission in Intermediate (10+2), Vocational Courses, Diploma Programmes, or ITI Courses can apply under the Special Scholarship category.

Additional Conditions Applicants Should Know

  • Students admitted to the second year of Engineering through lateral entry after completing a Diploma course are also eligible, subject to fulfilling the prescribed academic criteria
  • Applicants receiving scholarships from Central Government or State Government schemes may still apply for this scholarship
  • Students already receiving financial assistance from private trusts, private institutions, or similar non-government scholarship programmes are not eligible
  • Normally, only one student from a family is considered for selection. However, an additional applicant may be considered if the second student is a girl candidate, or when both applicants are female students

Students Not Eligible Under the Scheme

  • Students pursuing postgraduate programmes, except eligible integrated courses
  • Students enrolled through distance learning, correspondence, open university, evening, or part-time modes
  • Candidates preparing independently for professional qualifications such as CA, CS, or ICMAI without pursuing an eligible regular course
  • Students already receiving scholarships from private organisations, trusts, or educational institutions

Documents Required to be Attached

Before applying for the LIC Golden Jubilee Scholarship Scheme, students should keep all important documents ready in advance. Having the required documents available will make the online application process smoother and help avoid last-minute issues while filling out the form.

  • Mark sheet of the qualifying examination, Class 10 for Special Scholarship applicants or Class 12/Diploma for General Scholarship applicants
  • Proof of admission in the current academic course, such as an admission letter, bonafide certificate, or fee receipt issued by the institution
  • Income Certificate showing the combined annual income of parents/guardians from all sources, including agricultural income, issued by a competent revenue authority
  • Aadhaar Card (including e-Aadhaar, if applicable)
  • PAN Card details of the applicant, wherever available
  • Bank account details supported by a passbook copy or cancelled cheque showing the account holder’s name, account number, and IFSC code
  • Recent passport-size photograph of the applicant

How Beneficiaries Apply to Avail the Benefit of the Scheme

Applying for the LIC Golden Jubilee Scholarship Scheme is completely online. If you keep your documents ready beforehand and fill in each detail carefully, the application process becomes quite simple. Follow the steps below one by one.

Step 1: Visit the official LIC website, or directly open the Golden Jubilee Scholarship application portal.

Step 2: On the LIC website, look for the notification titled “Golden Jubilee Scholarship Scheme 2026”. You can also reach the application page through the Golden Jubilee Foundation section.

Step 3: Create your account by entering basic details such as your name, mobile number, and email ID. If you already have an account, simply log in using your credentials.

Step 4: Fill in your personal information carefully, including your name, date of birth, gender, category, address, and contact details. Make sure every detail matches your official documents.

Step 5: Enter your academic information, such as your Class 10 or Class 12/Diploma marks, passing year, examination board, and other educational details requested in the form.

Step 6: Provide details about your current course, including the course name, duration, college or institute name, and its complete address.

Step 7: Fill in your family income details accurately. After that, enter your bank account information, including the account number, IFSC code, branch name, and account holder’s name, as the scholarship amount will be transferred directly to this account.

Step 8: Upload all required documents, such as your mark sheet, income certificate, Aadhaar details, bank account proof, photograph, and any other document mentioned in the application instructions.

Step 9: Before submitting, review every field carefully. Once you’re satisfied that all information is correct, click on “Submit”. After successful submission, an acknowledgement message and email will be generated for your application.

Step 10: Download, save, or print the acknowledgement receipt. Keep it safely with you, as it may be required for future communication or document verification.

Important Links Available of the Schemee

Contact Details in Case of Help Needed

  • Implementing Organisation: LIC Golden Jubilee Foundation, Life Insurance Corporation of India (LIC)
  • Corporate Office Address: LIC Golden Jubilee Foundation, Corporate Office, Yogakshema Building, Jeevan Bima Marg, P.O. Box No. 19953, Mumbai – 400021, Maharashtra
  • Scholarship Administration: Applications are processed through the respective LIC Divisional Offices allotted to applicants based on their location and educational institution details
  • Application Support: Refer to the acknowledgement email received after submitting your application, as it contains the contact information of the LIC Divisional Office responsible for handling your scholarship application

Frequently Asked Questions (FAQs)

Q. What is the LIC Golden Jubilee Scholarship Scheme?

Ans. The LIC Golden Jubilee Scholarship Scheme is a financial assistance programme run by the LIC Golden Jubilee Foundation to support meritorious students from economically weaker families pursuing higher education, professional courses, diploma programmes, vocational training, or ITI courses.

Q. Who can apply for the LIC Golden Jubilee Scholarship?

Ans. Students who have secured at least 60% marks in their qualifying examination, taken admission in the first year of an eligible course, and whose family income from all sources does not exceed Rs. 4,50,000 per year can apply, subject to other scheme conditions.

Q. How much scholarship amount is provided under the scheme?

Ans. Eligible students can receive Rs. 50,000 per year for medical courses, Rs. 40,000 per year for engineering courses, Rs. 20,000 per year for graduation, diploma, vocational, and ITI courses, while Special Scholarship beneficiaries receive Rs. 15,000 per year.

Q. Can I receive this scholarship along with a government scholarship?

Ans. Yes. Students receiving scholarships from Central or State Government schemes can also apply for the LIC Golden Jubilee Scholarship. However, students receiving financial assistance from private trusts, institutions, or similar organisations are generally not eligible.

Q. How can I apply for LIC Golden Jubilee Scholarship Scheme?

Ans. Applications must be submitted online through the official LIC Golden Jubilee Scholarship Portal. Offline applications or hard-copy submissions are not accepted.

Q. How are students selected for the scholarship?

Ans. Selection is based on academic merit and eligibility criteria. Candidates are shortlisted according to their marks in the qualifying examination within their respective LIC Divisional Office jurisdiction.

Q. Is there any entrance test or interview for selection?

Ans. No. LIC does not conduct any written examination or interview for this scholarship. Selection is made purely on the basis of merit and eligibility conditions prescribed under the scheme.

Q. How many scholarships are awarded every year?

Ans. For the current cycle, a total of 13,440 scholarships are available across India. Scholarships are distributed through LIC’s Divisional Offices based on the approved allocation.

Q. What are the renewal conditions for continuing the scholarship?

Ans. Scholarship recipients must maintain the prescribed academic performance, clear their examinations without relying on grace marks, and maintain satisfactory attendance to remain eligible for renewal in subsequent years.

Q. Can more than one student from the same family receive this scholarship?

Ans. Normally, only one student from a family is selected. However, under specific provisions, two students from the same family may be considered if the additional applicant is a female student.

Q. What is the last date to apply for LIC Golden Jubilee Scholarship Scheme 2026?

Ans. As per the current notification, eligible students can submit their online applications up to 30 September 2026. Applicants should complete the process well before the deadline to avoid last-minute issues.

Q. Where can I check my application status or seek assistance?

Ans. After submitting the application, the concerned LIC Divisional Office handles further communication. Students should refer to their acknowledgement email for office-specific contact details and future correspondence.

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