LIC Golden Jubilee Scholarship Scheme 2026 has been launched for deserving students from economically backward communities who wish to pursue higher studies. The scheme is provided by the LIC Golden Jubilee Foundation and is applicable to those students who are pursuing studies at recognized government/private colleges/colleges in India.
Selected students will be entitled to receive scholarship amount up to ₹50,000 per annum according to their respective courses. This scheme is applicable for two categories of scholarships which are General Scholarship after 12th/Diploma and Special Scholarship after 10th.
Last Date for Online Application is 30 September 2026.
LIC Golden Jubilee Scholarship 2026: Key Details
| Particular | Details |
|---|---|
| Scholarship Name | LIC Golden Jubilee Scholarship Scheme 2026 |
| Organisation | LIC Golden Jubilee Foundation |
| Application Mode | Online |
| Scholarship Type | General & Special |
| Minimum Marks | 60% |
| Maximum Family Income | ₹4.50 lakh per year |
| Academic Session | 2026-27 |
| Last Date | 30 September 2026 |
| Selection Basis | Academic merit and eligibility |
Who Can Apply for LIC Golden Jubilee Scholarship 2026?
The scholarship is divided into two categories. Students should check the applicable category before applying.
General Scholarship – After Class 12th/Diploma
Students can apply for the General Scholarship if they meet the following conditions:
They should have secured 60% marks or equivalent CGPA in the 12th Class examination or its equivalent.
This examination should be passed in the academic sessions of either 2023-24, 2024-25 or 2025-26.
They should join for admission into the 1st year of a suitable programme in the academic year 2026-27.
The total income of their parents/guardian should not exceed ₹4,50,000.
Suitable programmes include the study of Medicine, Engineering, Graduation, Integrated Programmes, Diploma and vocational/ITI courses.
Special Scholarship – After Class 10th
The Special Scholarship is intended for students who have completed Class 10th.
Applicants must:
- Have passed Class 10th or equivalent with at least 60% marks or equivalent CGPA.
- Have passed Class 10th during 2023-24, 2024-25 or 2025-26.
- Have taken admission in 2026-27 for the first year of Intermediate/10+2, vocational or diploma courses through recognised institutions or ITIs.
- Have annual parental/guardian income of not more than ₹4.50 lakh.
LIC Scholarship Amount 2026
The amount depends on the course and scholarship category.
| Course/Category | Scholarship per Year | Instalments |
|---|---|---|
| Medical – MBBS, BAMS, BHMS, BDS | ₹50,000 | ₹25,000 × 2 |
| Engineering – BE, BTech, BArch | ₹40,000 | ₹20,000 × 2 |
| Graduation/Integrated/Diploma/Vocational/ITI | ₹20,000 | ₹10,000 × 2 |
| Special Scholarship after Class 10th | ₹15,000 | ₹7,500 × 2 |
The scholarship is generally provided for the duration of the eligible course, subject to the student continuing to meet the renewal conditions. Internship or stipendiary periods are excluded.
When Will the Scholarship Amount Be Paid?
For newly selected candidates, the first instalment will be payable from 1st September 2026 and the second instalment will be payable from 1st February 2027.
The second instalment is based on the submission of the first semester result or attendance certificate as applicable.
The scholarship will be paid into the active bank account of the selected candidate through NEFT transfer. The bank details like IFSC code and cancelled cheque signed by the candidate are needed.
LIC Golden Jubilee Scholarship Selection Process
Selection is primarily based on academic merit and eligibility.
Applications are automatically routed to one of LIC’s 112 Divisional Offices according to the applicant’s address PIN code. Eligible applicants are ranked based on their qualifying examination marks.
Each division has a designated quota:
- 40 boys and 40 girls for General Scholarship
- 20 boys and 20 girls for Special Scholarship
Gender slots may be interchanged if there is a shortage in a particular category.
If two candidates have the same percentage, preference is given to the candidate whose parents have lower annual income. Further financial assessment may be considered if both marks and income are tied.
Selected candidates are informed by the concerned LIC Divisional Office through email.
Important Renewal Conditions
Getting the scholarship during the first year itself does not ensure that it will be paid during the entire period of the course. Students have to fulfill certain conditions of academic performance and attendance.
In case of the Medical and Engineering courses, the minimum required marks for the students to be awarded the scholarship is 55% or equivalent SGPA/CGPA in the last exam and passing all subjects.
In case of Graduation and other eligible courses, the required marks is 50% or equivalent SGPA/CGPA and passing all subjects.
In case of Special Scholarship, the required marks is 50% marks and passing all subjects in the first-year exam.
Students who get their cleared in failed subjects through grace marks are disqualified from continuing their scholarship program.
Who Is Not Eligible?
There are many limitations on the grant. It is not meant for regular postgraduate studies, but those integrated courses where graduation and postgraduate studies take place can qualify.
Those students pursuing their education through correspondence, part-time/evening/night classes, or open university system are not eligible. Professional self-study courses like CA, CS, and Cost Accountancy are also ineligible.
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Generally, a student already getting a scholarship from any other trust/organization cannot get the LIC Golden Jubilee Foundation scholarship. An exception to this is government scholarships.
In general, there can be only one beneficiary per family, although there are some exceptions in case of two female candidates.
Documents and Verification
Applicants should provide genuine and valid information. Income must be supported by an income certificate issued by an authorised government/revenue authority, covering the parents’ income from all sources, including agricultural income.
Selected candidates undergo physical document verification through the concerned LIC Division. Candidates should therefore keep their academic, admission, income and bank-related documents ready.
How to Apply for LIC Golden Jubilee Scholarship 2026?
Applications are to be submitted online only through the official LIC website. After submitting the application, candidates receive an acknowledgement email containing details of the LIC Divisional Office handling their application.
Applicants should provide a valid email address and mobile number because further communication may be made through these details.
The last date for online application is 30 September 2026.
LIC Golden Jubilee Scholarship 2026 – FAQs
What is the maximum scholarship amount?
Medical students selected under the General Scholarship can receive ₹50,000 per year.
What is the income limit?
The annual income of the parents/guardian from all sources must not exceed ₹4.50 lakh.
What are the minimum marks required?
Generally, students need at least 60% marks in Class 10th, Class 12th or the relevant qualifying examination for fresh eligibility.
Can postgraduate students apply?
Standalone postgraduate courses are not eligible. However, eligible integrated courses combining graduation and postgraduate study are covered.
What is the last date to apply?
The last date for submitting the online application is 30 September 2026.
Conclusion
LIC Golden Jubilee Scholarship Scheme 2026 helps in financing deserving students belonging to economically backward backgrounds who pursue higher studies. With financial aid provided to the extent of Rs. 15,000 to Rs. 50,000 annually, the scholarship will be able to ease the financial burden of studies. Students must verify their marks, income criteria, and eligibility of course and admission for submitting the application.