LIC HFL Vidyadhan Scholarship: Eligibility, Amount, Process

The LIC Vidyadhan Scholarship is a program by LIC Housing Finance Limited (LIC HFL) to help poor students in India with their education. This scholarship is for students from Class 8 up to post-graduation, giving them up to INR 30,000 depending on their level of education. Here is a simple overview of who can apply, the benefits, and other important details.

What is the LIC HFL Vidyadhan Scholarship?

The LIC HFL Vidyadhan Scholarship 2024 is a program by LIC Housing Finance Limited (LIC HFL) to help students from low-income families in India. This scholarship supports students studying from Class 11 up to postgraduation. Students who receive this scholarship can get up to INR 30,000 to help with their education costs.

Scholarship NameLIC Vidyadhan Scholarship
Short FormLIC HFL Vidyadhan Scholarship
Initiated ByLIC Housing Finance Limited
ObjectiveEmpowering underprivileged students through education
BenefitFinancial assistance up to INR 30,000
Relevant toStudents from Class 8 to post-graduation
Eligible Recipient GroupLow-income group students, orphans, differently-abled, critically ill students
Annual Income LimitLess than INR 3,00,000 per annum
Transfer MethodDirect transfer to the beneficiary’s bank account
Payment SystemOne-time payment
Scholarship AmountVaries based on the level of study

What is the Objective of the LIC HFL Vidyadhan Scholarship?

The main purpose of the LIC HFL Vidyadhan Scholarship is to help poor students to complete their studies. Let’s explore other LIC HFL Vidyadhan Scholarship objectives for Indian students.

Giving underprivileged students equal chances for education Help students do well in school and grow personally Promote fairness and help society by supporting students with less money.

LIC HFL Vidyadhan Scholarship

Amount of the LIC HFL Vidyadhan Scholarship

Are you looking for the amount of the LIC HFL Vidyadhan Scholarship? Let’s explore the amount of this scholarship for different study levels.

Level of StudyScholarship Amount
Class 8 to 10Rs 20,000
Class 11/12Rs 20,000
GraduationRs 25,000
Post-GraduationRs 30,000

Eligibility Criteria of LIC Vidyadhan Scholarship 2024

To apply for LIC Vidyadhan Scholarship 2024, the students must fulfill the eligibility criteria below:

Level of StudyEligibility Criteria
Class 8 to 10Admitted in Class 8, 9, or 10 at any recognized institution in India.Minimum 65% marks in the previous class.Family income less than Rs. 3,00,000 per annum.Preference is given to applicants from low-income groups or students in crisis.
Class 11/12Studying in Class 11/12 or under ITI/Diploma/Polytechnic programs at any recognized institution in India.Minimum 65% marks in Class 10 board examination.Annual household earnings should be below Rs. 3 lakhs for eligibility.Priority is granted to candidates from economically disadvantaged backgrounds or students facing challenging circumstances.
GraduationHe admitted to graduation/UG programs at any recognized college/university/institution in India.Must NOT be in the last year of their graduation program.Attaining a minimum score of 65% in the Class 12 board exams is a prerequisite.Annual household earnings should be below Rs. 3 lakhs for eligibility.Preference is given to individuals from underprivileged communities or students experiencing difficult situations.
Post-GraduationHe was admitted to graduation/UG programs at any recognized college/university/institution in India.Must NOT be in the last year of their graduation program. Attaining a minimum score of 65% in the Class 12 board exams is a prerequisite.Annual household earnings should be below Rs. 3 lakhs for eligibility.Preference is given to individuals from underprivileged communities or students experiencing difficult situations.

Application Process for the LIC HFL Vidyadhan Scholarship

If you are interested in the LIC Vidyadhan scholarship and want to apply, follow these steps:

  1. Go to the official LIC Housing Finance Limited website.
  2. Find and click on the “Apply Now” button.
  3. Create an account or log in if you already have one.
  4. Complete the scholarship application form.
  5. Upload the required documents, such as photo ID, income proof, admission proof, fee receipt for the academic year, and bank account details.
  6. Submit the application form.
  7. Share the scholarship information on social media.
  8. Check the official website regularly for updates or further instructions.

Documents Required for LIC HFL Vidyadhan Scholarship

Before applying, students need to prepare these important documents:

  • A passport-size color photo
  • Proof of admission (School, College, University ID)
  • Admission receipt for the current academic year
  • Photo ID (Aadhaar Card, PAN Card, Passport, Voter Card)
  • Income certificate from government authorities
  • Marksheet from the previous exam
  • Bank account passbook details
  • Crisis document (if needed)

Final Words

The main goal of the LIC HFL Vidyadhan Scholarship is to give financial help to smart students in India so they don’t have to stop studying because of money problems. This scholarship is for students who want to continue their education. To get the scholarship, students need to take an exam and then go through a phone interview.

Also Read:

Raita Vidya Nidhi Scholarship 2024: Key Eligibility, Beneficiary List

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FAQ

What is the amount of Vidyadhan scholarship in UP?

Ans: The scholarship amount for graduation courses ranges from Rs 10,000 to Rs 75,000 per year, depending on the state, course, and duration. Selected students will also need to attend mentoring programs from the Foundation.

What is the last date for the Vidyadhan scholarship in Telangana?

Ans: The last day to apply for the Vidyadhan scholarship in Telangana is June 16, 2024.

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