Check out the LIC HFL Vidyadhan Scholarship worth INR 10, 000 to INR 30, 000. It is a reliable offer commissioned by the Life Insurance Corporation widely known as (LIC) to assist the less privileged in actualizing their dreams.
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The organization has been running various social welfare programs which also includes education-related initiatives.
However, due to a lack of sufficient funds, many deserving underprivileged students have to drop out of their formal education.
To address this cause of student drop-out at school and college level, LIC Housing Finance Limited (LIC HFL) has introduced the LIC HFL Vidyadhan Scholarship.
The LIC HFL Vidyadhan Scholarship is meant to support the education of students coming from lower-income groups and studying at different educational levels starting from class 8 to post-graduation.
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Note that Achieving academic excellence has always been the dream of most Indian students, but 85% of these students find it challenging to make this dream a reality because of finance.
This is why the LIC HFL Vidyadhan Scholarship is here. Also known as Lichousing.com scholarship is opened for students who are studying in Class 8, 9, 10, and 10 Passed, Graduation, and Post-Graduation.
Basically, Lichousing.com scholarship focuses on empowering lower-income groups or underprivileged students in India who are pursuing studies at various levels – starting from Class 8 to post-graduation. Interestingly, winners of this scholarship will receive financial assistance up to INR 30,000, depending on their level of study.
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About LIC HFL Vidyadhan Scholarship
LIC Housing Finance Limited with the support of LIC India has initiated the LIC HFL Vidyadhan Scholarship for underprivileged students to contribute to their education from class 8 to post-graduation level.
The selected students under this scholarship will receive variable financial assistance ranging from INR 10,000 to INR 30,000 based on their current educational level.
LIC Housing Finance Limited (LIC HFL) is an organization promoted by Life Insurance Corporation (LIC) India.
Furthermore, the LIC HFL Vidyadhan Scholarship is a corporate social undertaking by the Life Insurance Corporation of India.This support the education of students from economically weaker sections of society.
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The program aims to empower students of various classes – right from Class 8 to post-graduation courses. LIC Scholarship accepts candidates from the Economic Weaker Community Section for their Scholarship Forms.
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 of the Vidyadhan scholarship LIC.
Why the LIC HFL Vidyadhan Scholarship?
Founded by LIC Housing Finance Limited and Buddy4Study.com, LIC HFL Vidyadhan Scholarship Program offers scholarships to lower-income group students.
However, the scholarship program is in four (4) categories. It is available only for students who are studying at various levels – starting from Class 8 to post-graduation.
Note, the official authority provides scholarships up to Rs. 30000 (depending on the level of study).
Levels/Field of Study of LIC HFL Vidyadhan Scholarships
Basically, the LIC HFL Vidyadhan Scholarship is awarded to Class 8 – 10, Graduation, Post-Graduation students.
What is the benefit of LIC HFL Vidyadhan Scholarships?
LIC HFL Vidyadhan Scholarships are of three different categories and each category has its own benefit and worth.
Scholarship for 8th, 9th and 10th-grade students.
The official body of the LIC HFL Grant will award scholarships for 8-10 rupees. 10,000 annually directly to the bank account of the selected candidates.
The amount of the scholarship for 10th-grade
All students selected for the 10th-grade LIC HFL scholarship will receive an Rs scholarship. 15,000 annually directly to your bank account.
Graduation
All students selected for graduation from the LIC HFL Scholarship for Class will receive a grant of Rs. 20,000 annually directly to your bank accounts.
Post-graduation
All students selected for the LIC HFL scholarship after graduation will receive an Rs scholarship. 30,000 annually directly to your bank account.
The scholarship is given under four different categories, namely:
- Scholarship for Class 8 to 10 students
- Scholarship for Class 10 passed students
- Scholarship for students persuing graduation
- Scholarship for students pursuing post-graduation
What are the Eligible Criteria For the LIC HFL Vidyadhan Scholarship
Now, before you apply for the LIC HFL Vidyadhan Scholarship there are some criteria you must meet. These criteria include
Eligibility Criteria
To be eligible for LIC HFL Vidyadhan Scholarship, the students need to fulfil the following eligibility conditions:
Eligibility for Class 8-10 Students
- You must have been enrolled in grades 8, 9, or 10 at any recognized institution in India.
- Have at least 65% in your previous semesters
- Also, have a family income of less than Rs. 3, 00,000 (3 lakhs) annually.
- In addition, preference will be given to low-income group applicants or students in crisis (orphans, children with different abilities, children with serious illnesses, etc.).
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For Class 10 Passed Students
- You must have been enrolled in the 11/12 semester or under the ITI / Diploma / Polytechnic programs at any recognized institution in India
- Have at least 65% in your previous semesters
- Also, have a family income of less than Rs. 3, 00,000 (3 lakhs) annually.
- In addition, preference will be given to low-income group applicants or students in crisis (orphans, children with different abilities, children with serious illnesses, etc.).
For Graduation
- You must have been enrolled in graduation / UG programs at any recognized college/university/ institution in India.
- Have at least 65% in your previous semesters
- Also, have a family income of less than Rs. 3, 00,000 (3 lakhs) annually.
- In addition, preference will be given to low-income group applicants or students in crisis (orphans, children with different abilities, children with serious illnesses, etc.).
For Post-graduate Students
- You must have been enrolled in post-graduation / PG programs at any recognized college/university/institution in India.
- Have at least 65% in your previous semesters
- Also, have a family income of less than Rs. 3, 00,000 (3 lakhs) annually.
- In addition, preference will be given to low-income group applicants or students in crisis (orphans, children with different abilities, children with serious illnesses, etc.).
Scholarship Award and Selection Process For The LIC HFL Vidyadhan Scholarship
The students selected for this scholarship under different categories will receive benefits as follows –
- Scholarship for class 8 to 10 students – INR 10,000
- Scholarship for class 10 pass students – INR 15,000
- Scholarship for graduation – INR 20,000
- Scholarship for post-graduation – INR 30,000
Selection Process
The selections will be based on the academic merit, financial need, and the crisis situation of the applicant. The process to be followed for selection involves:
- Initial screening of scholarship applications on the basis of academic merit and financial need
- Telephonic interview of shortlisted candidates
- Face-to-face interview (if required) for final selection.
Application Process For the LIC HFL Vidyadhan Scholarship
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Step 1: Visit the LIC HFL Vidyadhan Scholarship page. For the application
Step 2: Read all the details carefully and click on the ‘Apply Now’ button of respective scholarship.
Step 3: The students will be redirected to the application page. Click on ‘Start Application’ (if already logged in) or click the ‘Register’ button to start the application.
Step 4: Complete the scholarship application and upload all relevant documents.
Step 5: Submit the completed application.
Key Documents Required for LIC HFL Vidyadhan Scholarship
The students applying for the Scholarship need to provide the following documents in support of their applications:
- Photo identity proof (Passport/ Aadhaar Card / PAN Card)
- Income proof (Salary slips/ Form 16A/ income certificate from government authority, etc.)
- Admission proof (school/college/university ID card/bonafide certificate, etc.)
- Current academic year fee receipt
- Bank account details of the applicant (canceled cheque/passbook copy)
How do I apply for LIC HFL Vidyadhan Scholarship?
If you really want to apply for this LIC Scholarship, it’s important that before you follow the steps listed below, carefully read the eligibility criteria.
First, visit the official website which is https://www.lichousing.com/, and clicks on it.
After that, you do the following: For more information on how to apply for this scholarship click the button below.
- Click on the “Apply Now” link to choose the category scholarship you want.
- Use your existing ID and password and login to Buddy4Study.
- If not registered on Buddy4Study – Sign up at Buddy4Study with your E-mail/Facebook/Gmail account.
- Now click on the ‘Start Application’ link.
- Ensure you provide all the required information in detail in the application form.
- After that, upload the required documents along with the online application form.
- Recheck all the details and click on the ‘Submit’ button to complete the application process.
- Don’t forget to take the application form print out for future use.
- Click the official website below to get more information about the scholarship.
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