LIC HFL Vidyadhan Scholarship Last Date 31st December (Up to Rs 30,000)

LIC HFL Vidyadhan Scholarship 2019-2020: LIC HFL Vidyadhan Scholarship is a corporate social undertaking by the Life Insurance Corporation of India to support the education of students from economically weaker sections of the society. The program aims to empower students of various classes – right from Class 8 to post-graduation courses.

The LIC HFL Vidyadhan Scholarship awards eligible candidates an amount of up to INR 30,000. Moreover, the organization has been providing a multitude of other scholarships aimed to empower student growth and development in India. From a wider perspective, this service is integral for the growth of the country and the economy. Read on to explore the eligibility criteria and the application process.

 LIC HFL Vidyadhan Scholarship Overview

Name of Scholarship LIC HFL Vidyadhan Scholarship 2019
Scholarship Provided By LIC Housing Finance Limited (HFL)
Scholarship Application Form Mode Apply Online
Official Website www.lichousing.com
Scholarship Available For Class 8 – 10, Class 10 Passed, Graduation, Post-Graduation
Scholarship Last Date 31.12.2019
Scholarship Amount Upto Rs. 30000

LIC HFL Vidyadhan Scholarship Selection Process & Criteria

The selection process for the LIC HFL Vidyadhan Scholarship is involved in multiple stages. However, the most prominent ones are as follows:

  • The first stage involves screening the application and analyzing the merit and financial circumstances.
  • Further shortlisting is done by telephonic interviews
  • If required, select candidates will be called for a final, face-to-face interview.

Moreover, only candidates whose annual family income is below INR 300,000 are eligible.  Furthermore, the candidate has to secure a minimum of 65% marks or more in their previous exams. Special preference will also be given to candidates that are undergoing a crisis – such as being supported by a single parent, being an orphan, or having terminally ill parents.

LIC HFL Vidyadhan Scholarship for Class 8-10 Students

Eligibility Criteria

  • Students must be pursuing their classes 8, 9 or 10 from a recognized institution in India.
  • The candidate must have secured not less than 65% in their previous respective class.
  • The candidate’s annual family income from all sources must be less than INR 3,00,000.

Scholarship Amount Awarded

  • INR 10,000

Last Date for Application

  • 31-December-2019

LIC HFL Vidyadhan Scholarship for Class 10 Passed Students

Eligibility Criteria

  • Candidates must be enrolled in Class 11 or 12, or an ITI/Polytechnic/Diploma program from a recognized institution in India.
  • The candidate must have secured not less than 65% in their class 10 final exam.
  • The candidate’s annual family income from all sources must be less than INR 3,00,000.

Scholarship Amount Awarded

  • INR 15,000

Last Date for Application

  • 31-December-2019

LIC HFL Vidyadhan Scholarship for Graduation Students

Eligibility Criteria

  • Candidates must be enrolled in any Undergraduate program from a recognized institution, college or university in India.
  • The candidate must have secured not less than 65% in their 12th class board exams.
  • The candidate’s annual family income from all sources must be less than INR 3,00,000.

Scholarship Amount Awarded

  • INR 20,000

Last Date for Application

  • 31-December-2019

Note: Students pursuing their final year of under graduation are not eligible to apply.

LIC HFL Vidyadhan Scholarship for Post – Graduation Students

Eligibility Criteria

  • Candidates must be enrolled in any post-graduate program from any recognized institution, college or university in India.
  • The candidate must have secured not less than 65% in their UG program.
  • The candidate’s annual family income from all sources must be less than INR 3,00,000.

Scholarship Amount Awarded

  • INR 30,000

Last Date for Application

  • 31-December-2019

Note: Students pursuing their final year of post-graduation are not eligible to apply.

LIC HFL Vidyadhan Scholarship – Application Process

LIC HFL Vidyadhan Scholarship Last Date 31st December (Up to Rs 30,000)
LIC HFL Vidyadhan Scholarship Last Date 31st December (Up to Rs 30,000)

Candidates interested in applying must first confirm if they fulfill the prescribed eligibility criteria. They can then visit the official website www.lichousing.com and select their respective scholarship. Fill in the required details and cross verify the application form before submission.

Documents Required for LIC HFL Vidyadhan Scholarship

Please ensure that the following documents are available during the application process:

  • A scanned copy of any photo identity proof (PAN card/ Aadhaar card/ Passport)
  • A scanned copy of income proof (either in the form of income certificate from the government/ salary slips/ Form 16A)
  • Admission proof of the relevant institution (University or institution ID card, bonafide certificate)
  • Fee receipt of the current academic year
  • Candidate’s bank account detail (passbook copy/a cancelled cheque)

FAQ’s on LIC HFL Vidyadhan Scholarship

Question 1.
What is the LIC HFL Vidyadhan Scholarship?

Answer:
This scholarship is a CSR initiative of the Life Insurance Corporation. It is primarily meant to provide financial support for students from economically weaker sections of society. Its scope encompasses students from class 8 to post-graduate students.

Question 2.
What are the eligibility criteria required for the scholarship?

Answer:
The scholarship is open to students who are pursuing their class 8, all the way up to post-graduation. Furthermore, the candidate’s annual family income from all sources must not be more than INR 300,000. Moreover, the candidate must have secured not less than 65% in their respective previous class.

Note: Candidates who are pursuing their final year of UG are not eligible to apply for the LIC HFL Vidyadhan Scholarship for Graduation. Similarly, final year PG candidates are not eligible to apply for the LIC HFL Vidyadhan Scholarship for Post-graduation.

Question 3.
What is the selection process for the scholarship?

Answer:
The scholarship has a multi-stage selection process. Key stages are as follows:

  • Screening the application and analyzing the merit and needs of the candidate.
  • Telephonic interviews for shortlisting candidates
  • Select candidates will be called for a face-to-face interview (if deemed necessary).

Question 4.
What are the scholarship amounts?

Answer:
The scholarship amount depends on the student’s level of study.

  • Students pursuing class 8-10: INR 10,000
  • Students who are pursuing class 11-12 or equivalent courses: INR 15,000
  • Students pursuing graduation: INR 20,000
  • Students pursuing post-graduation: INR 30,000

Question 5.
What is the last date for the application?

Answer:
Interested candidates are required to submit their application before 31-December-2019.

Question 6.
What are the important documents to be submitted for the application process?

Answer:
Candidates are required to submit scanned copies of the following documents:

  • Photo identity proof (PAN card/ Aadhaar card/ Passport)
  • Income proof (Income certificate from the government/ salary slips/ Form 16A)
  • Admission proof of the relevant institution (University or institution ID card, bonafide certificate)
  • Fee receipt of the current academic year
  • Candidate’s bank account detail (passbook copy/ a cancelled cheque).

You can also find more Scholarship Articles for 12th passed, 10th passed Students and many more.

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