Achieving academic excellence has always been the dream of most Indian students, but 85% of these students find it challenging to realise this dream because of finance.
Therefore LIC HFL Vidyadhan Scholarship 2023 is here. Also known as Lichousing.com scholarship is open for students who are studying in Class 8, 9, 10, and 10 Passed, Graduation, and Post-Graduation.
The Lichousing.com scholarship focuses on empowering lower-income groups or underprivileged students in India who are pursuing studies at various levels – from Class 8 to post-graduation.
Interestingly, winners of this scholarship will receive financial help up to INR 30,000, depending on their level of study.
Therefore, to help you apply, we have compiled the relevant information you will need about this scholarship. This information will help you submit your application.
Quickly scroll through the table of content below to see an overview of all the packages we have wrapped up in this post just for you.
Table of contents
- Why Lichousing.com Scholarship?
- Levels/Field of Study
- What is the benefit of LIC HFL Vidyadhan Scholarships 2023
- What are the Eligible Criteria?
- How do I apply for LIC HFL Vidyadhan Scholarship 2023?
- What is the Basis for the Selection of Winners?
- When is the LIC HFL Vidhyadhan Scholarship Application Deadline?
- Recommendations
Why Lichousing.com 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 studying at various levels – from Class 8 to post-graduation. Note, the official authority provides scholarships up to Rs. 30000 (depending on the level of study).
LIC Housing Finance Limited (LIC HFL) is an organization promoted by Life Insurance Corporation (LIC) India. The organization has been running various social welfare programs which also includes education-related initiatives.
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Levels/Field of Study
Basically, the LIC HFL Vidyadhan Scholarship 2023 is awarded to Class 8 – 10, Class 10 Passed, Graduation, and Post-Graduation students.
What is the benefit of LIC HFL Vidyadhan Scholarships 2023
LIC HFL Vidyadhan Scholarships are of three different categories, each with 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 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.
What are the Eligible Criteria?
Now, before you apply for LIC HFL Vidyadhan Scholarship, there are some criteria you must meet. These criteria include
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.).
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.).
LIC HFL Vidyadhan Scholarship is hosted by LIC Housing Finance Limited (HFL).
Basically, this Lichousing.com Scholarship is opened for only to Indian Students who are studying at the University.
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How do I apply for LIC HFL Vidyadhan Scholarship 2023?
If you really want to apply for this LIC Scholarship 2023, it’s important that before you follow the steps listed below, carefully read the eligibility criteria.
First, Go to the official website, which is https://www.lichousing.com/ and click 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.
- Then, click on the ‘Apply Now’ button.
- Use your existing ID and password and log in 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 printout for future use.
Below are the accompanying documents you are required to submit with your application.
Required Documents For Scholarship
- Photo ID proof (Aadhaar Card / PAN Card / Passport).
- Income Certificate.
- Proof of admission (school/college/university ID card/Bonafide certificate/etc.).
- Current academic year fee receipt.
- Bank account details of the scholarship applicant (cancelled cheque/passbook copy).
What is the Basis for the Selection of Winners?
As an applicant for LIC HFL Vidhyadhan Scholarship 2023, you will be selected based on the:
- Pass mark, which is 65% or above in the exam.
- Your family’s financial status. if you are from a lower-income family that Annual income is below Rs. 3,00,000 (3 Lakhs).
- Crisis situation: Students supported by a single parent, orphans, students with critical/terminal parents, and students from families with a job loss of earning members in the last 12 months.
The HFL LIC selection process is listed below.
- Examine scholarship applications based on merit and financial need.
- Telephone interviews for more shortlisted candidates.
- Face-to-face interview for the final selection (if necessary).
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When is the LIC HFL Vidhyadhan Scholarship Application Deadline?
The application deadline for this LIC HFL Vidyadhan Scholarship has closed. it closed on the 31st of December 2023. Click the official website below to get more information about the scholarship.
