About This Scholarship
The Golden Jubilee Scholarship is offered by Life Insurance Corporation of India (LIC) to help students from lower-income families continue their studies after Class 10 or Class 12. The 2026 round was open online from 31 August to 30 September 2026, and there was no application fee for any category.
Two Types of Scholarship
- General Scholarship: for students who passed Class 12 (or equivalent) and have taken admission in the first year of a degree, integrated, diploma, vocational or ITI course in 2026-27.
- Special Scholarship: for students who passed Class 10 (or equivalent) and have joined the first year of Intermediate/10+2, a vocational or diploma course, or an ITI course in 2026-27.
In both cases the qualifying exam must have been passed with at least 60% marks or an equivalent CGPA in 2023-24, 2024-25 or 2025-26, the institution must be government-recognised, and the family income from all sources must be ₹4,50,000 a year or less.
How Much You Get
The award depends on the course. Medicine students (MBBS, BAMS, BHMS, BDS) receive ₹50,000 a year, Engineering students (BE, BTech, BArch) receive ₹40,000 a year, and students in other graduation, integrated, diploma, vocational or ITI courses receive ₹20,000 a year. The Special Scholarship after Class 10 is worth ₹15,000 a year. Each award is paid in two equal instalments every year for the length of the course, as long as the scholar stays eligible.
What To Do Now
The application window has closed. If you applied, keep your application details safe and check the official LIC website for any communication about selection or document verification. Students who missed this round can note the eligibility rules and keep their papers ready for the next cycle.
Points To Remember
- Keep the last qualifying exam marksheet, income certificate, caste certificate if applicable, bank passbook, admission or fee receipt details, Aadhaar number and a recent passport-size photograph handy.
- The income limit of ₹4,50,000 per year covers income from all sources.
- Continued payment of the scholarship is subject to eligibility each year.