The LIC HFL Vidyadhan Scholarship is a generous initiative from Life Insurance Corporation

Housing Finance Limited (LIC HFL), aimed at supporting students from financially disadvantaged backgrounds. The scholarship is designed to assist students who excel academically but face financial challenges in pursuing higher education. 

By providing financial assistance ranging from ₹10,000 to ₹20,000, the scholarship helps cover essential educational costs such as tuition fees and textbooks, ensuring that deserving students can continue their studies without financial strain. If you meet the requirements and are committed to your studies, you can find more details and apply for the LIC HFL Vidyadhan Scholarship by visiting the official page LIC HFL Vidyadhan Scholarship.

Overview of LIC HFL Vidyadhan Scholarship

LIC HFL, a prominent government-owned insurance and investment company in India, has launched this scholarship to foster educational growth and support students who demonstrate merit but lack the financial resources to pursue their academic goals. The LIC HFL Vidyadhan Scholarship is available for students at various educational levels, including undergraduate and postgraduate studies, across all streams and disciplines.

Key Features of the LIC HFL Vidyadhan Scholarship 2024

  • Scholarship Name: LIC Vidyadhan Scholarship
  • Offered By: Life Insurance Corporation of India (LIC)
  • Scholarship Level: Undergraduate and Postgraduate
  • Streams: All academic streams
  • Region: India
  • Scholarship Type: Merit-cum-Means
  • Provider Type: Government
  • Scholarship Amount: Varies from ₹10,000 to ₹20,000, depending on the level of education

Application Deadlines

To ensure that students can plan and apply on time, it is crucial to be aware of the application deadlines. For the LIC HFL Vidyadhan Scholarship 2024, the deadlines are as follows:

  • For Class 10 Passed Students: 30 September 2024
  • For Undergraduate Students: 15 October 2024
  • For Postgraduate Students: 15 October 2024

It is important to check for any updates or changes to these deadlines on the official LIC HFL website or through relevant scholarship portals.

Eligibility Criteria

The LIC HFL Vidyadhan Scholarship has specific eligibility requirements based on the student’s level of education:

For Class 10 Students:

  • Must be currently enrolled in Class XI at a recognized Indian board.
  • Should have achieved a minimum of 60% marks in the Class 10 board examination.
  • The family’s annual income should be less than ₹360,000.

For Undergraduate Students:

  • Must be enrolled in the first year of a three-year undergraduate program at a recognized college or university in India.
  • Should have secured at least 60% marks in the Class 12 board examination.
  • The family’s annual income should not exceed ₹360,000.

For Postgraduate Students:

  • Must be enrolled in the first year of a postgraduate program at any recognized institution in India.
  • Should have obtained at least 60% marks in their undergraduate degree.
  • The family’s annual income should be below ₹360,000.

Required Documents

To apply for the LIC HFL Vidyadhan Scholarship, students need to prepare and submit several important documents. These documents include:

  • Academic Records: Mark sheets from the last qualifying examination.
  • Income Certificate: Proof of family income from a recognized authority.
  • Identification Proof: Aadhar Card, Voter ID, or another government-issued ID.
  • Admission Proof: A letter or document confirming enrollment in the current educational program.
  • Bank Details: A passbook or cancelled cheque for bank account verification.
  • Passport Size Photographs: Recent photographs for identification.
  • Domicile Certificate: Proof of residence (if applicable).
  • Caste Certificate: If applicable, for students belonging to specific caste categories.

Application Process

The application process for the LIC HFL Vidyadhan Scholarship is straight-forward. Follow these steps to apply:

  1. Visit the Official Scholarship Portal: Start by visiting the official website for LIC HFL scholarships.
  2. Create an Account or Log In: If you do not already have an account, create one by providing basic details. If you have an existing account, simply log in.
  3. Select the Scholarship Program: Find and select the LIC Vidyadhan Scholarship from the list of available scholarships.
  4. Complete the Application Form: Fill in your personal details, academic information, and family income details accurately.
  5. Upload Required Documents: Attach scanned copies of all required documents, including academic records, income certificate, identification proof, and admission letter.
  6. Review and Submit: Carefully review all the information and documents to ensure accuracy. Submit your application once you are satisfied.
  7. Check for Updates: Regularly check the scholarship portal for updates on your application status.

Selection Process

The selection process for the LIC HFL Vidyadhan Scholarship involves several steps to ensure that the most deserving candidates are chosen:

  1. Initial Review: All submitted applications are first reviewed for completeness and adherence to eligibility criteria.
  2. Evaluation: Applications are then evaluated based on academic performance and financial need. Priority is given to students with strong academic records and significant financial need.
  3. Shortlisting: Based on the evaluation, a list of shortlisted candidates is prepared. These candidates may be asked to provide additional documentation or participate in an interview for further verification.
  4. Final Selection: The final list of selected candidates is announced, and the scholarship amount is disbursed to their bank accounts.

Scholarship Amount

The LIC HFL Vidyadhan Scholarship update  offers varying amounts based on the level of education:

  • For Class 10 Passed Students: ₹10,000 annually, provided for two years (Class 11 and 12).
  • For Undergraduate Students: ₹15,000 per year, available for three years.
  • For Postgraduate Students: ₹20,000 per year, provided for two years.

This financial support is intended to alleviate the burden of educational expenses and enable students to focus on their studies.

Contact Information

For any queries or additional information regarding the LIC HFL Vidyadhan Scholarship, students can contact the scholarship administration team:

  • Phone: 011-430-92248