LIC HFL Vidyadhan Scholarship 2024: Apply Online for Financial Assistance

LIC HFL Vidyadhan Scholarship:- Life Insurance Corporation of India(LIC) has been a trusted and government-owned insurance and investment company for many years. Now, LIC is going to add a new scholarship for the students called LIC HFL Vidyadhan Scholarship 2024. The LIC HFL(Housing Finance Limited) Vidyadhan Scholarship is introduced for the students of our country who are not financially stable in their lives. Due to financial crises, they cannot afford higher education. To help these meritorious students the scholarship is implemented to overcome the financial problem. Students who passed their class 10th and wanted to pursue higher courses are eligible for the benefit of a scholarship.

What is LIC HFL Vidyadhan Scholarship
Apply For LIC HFL Vidyadhan Scholarship

Importance of LIC HFL Vidyadhan Scholarship

The LIC HFL Vidyadhan Scholarship name itself shows the meaning and purpose of the scholarship. Vidya + Dhan if we break this word into two it represents that the scholarship is for educational purposes. Education is a way to make the path of your life. Under LIC HFL Vidyadhan Scholarship the eligible students will receive the help of Rs.20,000\- per year for 2 years. The students who passed class 10th and continue their Post-graduation will receive financial help according to their course.

  • This scholarship is mainly for students who have low family incomes and cannot afford higher education. Because these students are multitalented and have a clear vision of life. Students are the building blocks of our country for its development.
  • Most of the students belong to the weaker section of society and they always face criticism about their financial condition or educational basis.
  • If you feel that you are eligible for the benefit then don’t waste your time, just go on the official website, fill out your form, and grab the opportunity.

Also Check: LIC Golden Jubilee Scholarship 

The objective of LIC Vidyadhan Scholarship

The main cause behind the implementation of the LIC HFL Vidyadhan Scholarship is to offer financial help to the students of our country for further education. Students who belong to low-income families will be eligible for this benefit. Students will get Rs- 20,000 per year which will be a big amount for someone who can’t even afford it. To avail of education is right for everyone, it will help to make their future bright or improve their lifestyle.

Key Highlights of Vidyadhan Scholarship LIC

Launched ByLife Insurance Corporation of India
Name of ScholarshipLIC HFL Vidyadhan Scholarship
ObjectiveTo provide financial assistance for education
BenefitsRs.20,000/- per year for 2 years
Eligibility CriteriaStudents who passed 10th to post-graduation
Year2024

Benefits of the Vidyadhan Scholarship

The LIC Corporation will provide the following advantages by the many scholarship programs that the company offers:-

  • The students who are in the post-graduation program will get INR 20,000 per for 2 years.
  • The students who enrolled under Graduation will get INR 15,000 per year for 3 years
  • Students who pass in class 10th exam will get INR 10,000 per year for 2 years (For classes 11 and 12)

Eligibility Criteria for LIC HFL Vidhyadhan Scholarship

The following qualifying requirements must be met by the candidate to be considered for the various scholarship programs offered by the LIC Corporation:

  • Scholarship for Post-Graduation in 2022 from LIC HFL
    • Students who take admitted
    in any Indian college, university, or institution that offers a post-graduate program
    • in the first year are eligible for the scholarship. In their respective UG-level programs, applicants must have received at least 60% of the possible points.The applicant’s total annual family income from all sources cannot exceed INR 3,60,000.
    • Children with COVID who have lost any of their earning family members or parents since January 2020 or whose earning family member(s) have lost their livelihood or employment due to the pandemic will be given preference.
  • Scholarship from LIC HFL for Graduates in 2022
    • Students from 1st year of a graduation program in any Indian college, university, or institution are eligible for registration (in any stream).
    • Candidates need to have received at least 60% on their Class 12 board test.
    • The applicant’s total annual family income from all sources cannot exceed INR 3,60,000.
    • Children with COVID who have lost any of their earning family members or parents since January 2020 or whose earning family member(s) have lost their livelihood or employment due to the pandemic will be given preference.
  • Scholarships from LIC HFL Vidyadhan for Class 10 graduates in 2022
    • Any Indian student enrolled in Class 11 at an approved institution is eligible to apply.
    • Candidates must have received at least 60% in their Class 10 board test.
    • The applicant’s total annual family income from all sources cannot exceed INR 3,60,000.
    • Children with COVID who have lost any of their earning family members or parents since January 2020 or whose earning family member(s) have lost their livelihood or employment due to the pandemic will be given preference.

Also Check: UGC Scholarship

LIC HFL Vidyadhan Scholarship Apply Online

You must adhere to the straightforward steps outlined below in order to apply for the scholarship.

  • Applicants must first go to the LIC’s HFL Vidyadhan Scholarship Website or www.buddy4study.com/page/lic-hfl-vidhyadhan-scholarship
  • The home page will appear on your screen.
  • On the homepage, you must visit the section on scholarships.
  • The website for this scholarship will load in your browser.
  • After clicking the apply online option, you must complete the application form that appears on your screen.
  • Input all the information and upload all the files.
  • Now you can submit the scholarship application successfully.

Documents Required

  • Aadhaar, PAN, or a passport for photo identification.
  • A copy of your prior academic transcript
  • Income documentation (Form 16A, income certification from a government agency, pay stubs, etc.)
  • Identification from a school, college, or university, a genuine certificate, etc.
  • Receipt for current academic year’s fees
  • Information about the scholarship applicant’s bank account, including a copy of a check or passport.
  • Crisis report (if applicable)
  • Certificate of Disabilities & Caste (if applicable)
Important Dates
  • The LIC Vidyadhan Scholarship’s deadline is 30th September 2023.
Steps Must be Followed for Successful Application
  • Before applying for the scholarship, the applicant must check their eligibility.
  • Before applying for the scholarship, applicants should check their documents.
  • The candidate must have a functioning email address.
  • To avoid the rush on the deadline, submit your application for the scholarship before then.
  • Verify the details before submitting the final version.
  • For the submission of the application form, a laptop or desktop is preferred.
  • The candidate must have a mobile phone.
Conclusion

For students who dream of doing higher education but cannot afford it due to financial instability, for them, there is good news that the LIC is implementing the LIC HFL Vidyadhan Scholarship. The students who are eligible for the scholarship will receive financial help such as:

  • Students from class 10 onwards will get- Rs 10,000/-
  • Students who enrolled in the graduation course will get- Rs 15,000/-
  • Students who enrolled in post-graduation will get- Rs 20,000/-
Contact Details
  • Phone Number- 011-430-92248(Ext-143) (Monday to Friday – 10:00 AM to 6 PM)

LIC Vidyadhan Scholarship FAQs

I am currently a Class 12 student. Am I eligible to apply for this scholarship?

No. Only students presently enrolled in Class 11/first-year graduation/first-year postgraduate programs are eligible for this prize.

What is the last date of registration under LIC HFL Vidyadhan Scholarship?

The Last date of registration under LIC HFL Vidhyadahn Scholarship is 30th September 2023.

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