2024 LIC HFL Vidyadhan Scholarship worth Rs 60,000

Explore the LIC HFL Vidyadhan Scholarship and unlock the gateway to educational opportunities with financial support worth up to Rs 60,000 per year. The LIC HFL Vidyadhan Scholarship stands as a beacon of hope and empowerment for students facing economic challenges in their pursuit of education.

Sponsored by LIC Housing Finance Limited in collaboration with LIC India, this scholarship program is designed to contribute to the academic journey of deserving students from class 8 to post-graduation.

Selection Process

Students who have successfully completed their 10th grade/SSLC undergo a meticulous selection process, which includes tests and interviews. Currently, the Vidyadhan program extends its reach to approximately 6500 students, spanning across states such as Kerala, Karnataka, Tamil Nadu, Pondicherry, Andhra Pradesh, Gujarat, Maharashtra, Telangana, Goa, Odisha, New Delhi, and Ladhak.

Two-Year Scholarship and Future Opportunities

Upon selection, students become eligible for a two-year scholarship from the foundation. The program doesn’t just stop there; those who continue to excel are granted scholarships for pursuing degree courses of their choice. These scholarships are either directly provided by the foundation or facilitated through external sponsors affiliated with the Foundation.

The scholarship amount for graduation courses varies, ranging from Rs 10,000 to Rs 60,000 per year, contingent on factors such as the state, course, and duration. The selected students actively engage in mentoring programs organized by the Foundation, ensuring holistic support for their academic journey.

Transparent Application Process

An essential aspect of the Vidyadhan Scholarship Program is its commitment to transparency and accessibility. Students can apply for this transformative opportunity directly on the website at no cost. It’s imperative to note that no other individuals or institutions are authorized to select students on behalf of the foundation, ensuring the integrity of the selection process.

In essence, Vidyadhan goes beyond just providing financial aid; it paves the way for a brighter future by empowering students to pursue their dreams and aspirations in higher education.

The program’s geographical outreach and meticulous selection process underscore its commitment to creating a positive impact in the lives of academically promising students facing economic challenges.

Why LIC HFL Vidyadhan Scholarship?

Founded by LIC Housing Finance Limited and Buddy4Study.com, this program targets students pursuing education at various levels. The scholarship offers different categories, each catering to a specific academic stage, with awards ranging up to Rs. 30,000, depending on the level of study.

Levels/Field of Study of LIC HFL Vidyadhan Scholarships

LIC HFL Vidyadhan Scholarship encompasses Class 8 – 10, Graduation, and Post-Graduation students. The benefits vary across categories, with amounts allocated as follows:

  1. Scholarship for 8th, 9th, and 10th-grade students: INR 10,000 annually.
  2. Scholarship for 10th-grade students: INR 15,000 annually.
  3. Graduation Scholarship: INR 20,000 annually.
  4. Post-graduation Scholarship: INR 30,000 annually.

Eligibility Criteria

To qualify for the LIC HFL Vidyadhan Scholarship, students must meet specific criteria:

  1. Enrolled in grades 8, 9, or 10 at any recognized institution in India.
  2. Attained at least 65% in previous semesters.
  3. Family income below Rs. 3,00,000 (3 lakhs) annually.
  4. Preference given to low-income group applicants or those facing crises.

Application Process

To apply, visit the LIC HFL Vidyadhan Scholarship official page and follow these steps:

  1. Read details carefully and click ‘Apply Now’ for the relevant scholarship.
  2. Complete the application, providing necessary documents.
  3. Submit the application.

Key Documents Required

LIC HFL Vidyadhan scholarship Applicants need to submit the following documents:

  1. Photo identity proof (Passport/Aadhaar Card/PAN Card).
  2. Income proof (Salary slips/Form 16A/income certificate).
  3. Admission proof (school/college/university ID card/bonafide certificate).
  4. Current academic year fee receipt.
  5. Bank account details (canceled cheque/passbook copy).

How to Apply

Visit the official website https://www.vidyadhan.org/apply and follow these steps:

  1. Click ‘Apply Now’ and choose the scholarship category.
  2. Login to Buddy4Study or sign up if not registered.
  3. Complete the application, upload required documents, and submit.

For more detailed information on how to apply, visit jobreaders.org. The LIC HFL Vidyadhan Scholarship is your gateway to educational aspirations; don’t miss this chance!

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FAQs about LIC HFL Vidyadhan Scholarship

Q1: What is the LIC HFL Vidyadhan Scholarship?

A1: The LIC HFL Vidyadhan Scholarship is a financial aid program initiated by LIC Housing Finance Limited in collaboration with LIC India. It aims to support the education of students from economically weaker sections, covering various educational levels from class 8 to post-graduation.

Q2: Who is eligible for the scholarship?

A2: Eligibility criteria include enrolment in specific educational levels, a minimum academic performance of 65%, and a family income of less than Rs. 3,00,000 annually. Preference is given to applicants facing crises such as orphans, differently-abled individuals, or those dealing with serious illnesses.

Q3: What are the different categories of scholarships available?

A3: The LIC HFL Vidyadhan Scholarship is categorized based on educational levels—scholarships for class 8 to 10 students, 10th-grade pass students, those in graduation, and post-graduation. Each category has its specific monetary benefits, ranging from INR 10,000 to INR 30,000 annually.

Q4: How is the selection process conducted?

A4: The selection process involves an initial screening of applications based on academic merit and financial need. Shortlisted candidates undergo telephonic interviews, and face-to-face interviews may be conducted if necessary, ensuring a comprehensive evaluation.

Q5: What is the duration of the scholarship?

A5: Selected students are eligible for a two-year scholarship from the Foundation. If they continue to perform well, they can receive scholarships for pursuing any degree course of their interest, either directly through the foundation or external sponsors registered with the Foundation.

Q6: Can students from all states in India apply for the LIC HFL Vidyadhan Scholarship?

A6: Yes, students from various states, including but not limited to Kerala, Karnataka, Tamil Nadu, Pondicherry, Andhra Pradesh, Gujarat, Maharashtra, Telangana, Goa, Odisha, New Delhi, and Ladakh, can apply for the scholarship.

Q7: How can I apply for the LIC HFL Vidyadhan Scholarship?

A7: Eligible candidates can apply directly on the official website of LIC HFL. The application process involves providing necessary details and uploading relevant documents, such as photo identity proof, income proof, admission proof, academic year fee receipt, and bank account details.

Q8: Is there any cost associated with the application process?

A8: No, the application process for the LIC HFL Vidyadhan Scholarship is free of cost. Candidates should be cautious, as no other person or institution has been authorized to select students on behalf of the Foundation.

Q9: How are scholarship amounts disbursed?

A9: The scholarship amounts are disbursed directly to the bank accounts of selected candidates on an annual basis, providing financial support for their education.

Q10: Are there any mentoring programs associated with the scholarship?

A10: Yes, selected students are required to attend mentoring programs provided by the Foundation, enhancing their overall academic and personal development.

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