LIC Golden Jubilee Scholarship 2026: The Life Insurance Corporation of India (LIC) Golden Jubilee Foundation has announced the LIC Golden Jubilee Scholarship Scheme 2026 for meritorious students belonging to economically weaker sections. The scheme aims to provide financial assistance to students pursuing higher education and improve their opportunities for education and employment.
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The last date has been extended till 15 October 2026
The scholarship is available to students studying in Government or private colleges/universities in India. It also covers eligible technical and vocational courses offered through recognised institutions, including ITIs affiliated with the National Council for Vocational Training (NCVT).
Important: The LIC Golden Jubilee Scholarship 2026 notification specifies September 30, 2026, as the last date for online application.
LIC Golden Jubilee Scholarship 2026: Highlights
| Particular | Details |
|---|---|
| Scholarship | LIC Golden Jubilee Scholarship Scheme 2026 |
| Conducting Organisation | LIC Golden Jubilee Foundation |
| Target Students | Economically Weaker Sections |
| Application Mode | Online |
| Scholarship Types | General Scholarship and Special Scholarship |
| Income Limit | Up to ₹4.50 lakh per annum |
| Minimum Marks | 60% or equivalent CGPA |
| Application Last Date | September 30, 2026 |
| Official Website | licindia.in |
What is the LIC Golden Jubilee Scholarship Scheme?
The LIC Golden Jubilee Scholarship 2026 Scheme aims to provide scholarships to meritorious students from economically weaker sections so that financial constraints do not prevent them from pursuing higher education.
The scheme covers students enrolled in recognised Government or private colleges and universities in India. It also includes eligible technical and vocational courses, ITI courses, and integrated courses after Class 12.
There are two categories of scholarships:
- General Scholarship – After Class 12/Diploma
- Special Scholarship – After Class 10
LIC Scholarship 2026 Eligibility
General Scholarship After Class 12/Diploma
Students applying under the General Scholarship must have:
- Passed Class 12 or an equivalent examination with at least 60% marks or equivalent CGPA.
- Passed the qualifying examination during the academic years 2023-24, 2024-25 or 2025-26.
- Taken admission in the academic year 2026-27 in the first year of an eligible course.
- Parents/guardians must have an annual income of not more than ₹4.50 lakh from all sources.
Eligible courses include Medicine, Engineering, graduation in any discipline, integrated courses, diploma courses and vocational courses through recognised institutions. Medical courses specifically mentioned in the scheme include MBBS, BAMS, BHMS and BDS, while engineering courses include BE, BTech and BArch.
Special Scholarship After Class 10
Students applying for the Special Scholarship must have:
- Passed Class 10 or equivalent with at least 60% marks or equivalent CGPA.
- Passed Class 10 during 2023-24, 2024-25, or 2025-26.
- Taken admission during the academic year 2026-27 in the first year of Intermediate/10+2, vocational or diploma courses.
- Parents/guardians must have an annual income not exceeding ₹4.50 lakh.
LIC Golden Jubilee Scholarship Amount 2026
The scholarship amount varies according to the course being pursued.
| Category/Course | Scholarship Amount Per Year |
|---|---|
| Medicine – MBBS, BAMS, BHMS, BDS | ₹ 50,000 |
| Engineering – BE, BTech, BArch | ₹ 40,000 |
| Graduation/Integrated/Diploma/Vocational/ITI | ₹ 20,000 |
| Special Scholarship after Class 10 | ₹ 15,000 |
The Medical scholarship of ₹50,000 per year is paid in two instalments of ₹25,000 each. Engineering students receive ₹40,000 annually in two instalments of ₹20,000 each. Students pursuing graduation, integrated, diploma, or eligible vocational courses receive ₹20,000 annually in two instalments of ₹10,000 each. Under the Special Scholarship, eligible students receive ₹15,000 per year, payable in two instalments of ₹7,500 each.
How is the Scholarship Paid?
The first instalment is due on September 1, 2026, and the second instalment is due on February 1, 2027. Subsequent instalments will follow the same sequence.
The LIC Golden Jubilee Scholarship 2026 amount is transferred to the selected student’s bank account through NEFT. Candidates must provide active bank account details, IFSC code, and a copy of a cancelled cheque bearing the beneficiary’s name.
For subsequent instalments, students may need to submit their semester examination result or attendance certificate, depending on the examination pattern followed by their institution.
LIC Golden Jubilee Scholarship 2026: Duration
The scholarship is provided for the entire duration of the eligible course, excluding the internship or stipend period, subject to the student meeting the conditions required for renewal.
The scholarship is not intended for postgraduate studies. However, integrated courses combining graduation and postgraduate studies are eligible for the scholarship for the entire duration of the course.
How Many Scholarships Will Be Awarded?
Under the General Scholarship, 80 scholarships per LIC division are provided, comprising 40 for male and 40 for female candidates. Under the Special Scholarship, 40 scholarships per division are provided, comprising 20 for boys and 20 for girls. Gender slots can be interchanged if there is a shortage within a category.
LIC has 112 Divisional Offices, and the scheme document explains that each division will select 120 students—80 under the General Scholarship and 40 under the Special Scholarship.
LIC Golden Jubilee Scholarship Selection Process
Selection is primarily based on academic merit.
Candidates are shortlisted and selected based on their percentage of marks in Class 12 or Class 10, as applicable. If candidates have the same percentage, preference is given to the candidate whose parents have lower income. If both marks and income are the same, LIC may consider a financial assessment of the candidate’s family circumstances.
The LIC Golden Jubilee Scholarship 2026 application is automatically routed to one of LIC’s 112 divisions based on the applicant’s address PIN code. Each division ranks eligible applicants according to academic merit. Selected candidates are informed through email, followed by physical document verification by divisional officials.
Waiting list
Divisions that receive sufficient online applications and fill their allotted quota will prepare separate waiting lists for the General Scholarship and Special Scholarship in categories where the quota has been exhausted. After the selection process, if vacancies remain due to a shortfall in selections, the LIC Golden Jubilee Foundation may, at its discretion, permit divisions with waiting lists to select additional eligible candidates from those lists, subject to the overall limit of 8,960 scholarships (112 × 80) under the General Scholarship and 4,480 scholarships (112 × 40) under the Special Scholarship.
Can Students Receive Another Scholarship?
Candidates already receiving scholarships from another trust or institution are generally not considered for the LIC Golden Jubilee Foundation Scholarship. However, this restriction does not apply to students receiving scholarships from the Central or State Government.
Renewal Requirements
Students must meet certain academic requirements to continue receiving the scholarship.
- For General Scholarship students pursuing Medical and Engineering courses, the candidate must obtain at least 55% marks or equivalent SGPA/CGPA in the previous annual or semester examination and must pass all subjects.
- For General Scholarship students pursuing Arts, Science, Commerce and other graduation courses, at least 50% marks or equivalent SGPA/CGPA are required, along with passing all subjects.
- For Special Scholarship students, at least 50% marks and a pass in all subjects in the first yearly examination are required to continue.
Also read: Education World India School Rankings 2026.
Who Is Not Eligible?
The scheme excludes certain categories of students and courses. Students pursuing courses through correspondence, part-time evening/night classes, or open universities are not eligible.
Self-study courses such as CA, CS and Cost Accountant (ICMAI) are also not covered under the scholarship. Students must also maintain regular attendance according to the criteria determined by their school, college or university.
LIC Scholarship Income Certificate
Applicants must submit an income certificate issued by a competent Revenue Authority. The certificate should state the annual gross income of both parents from all sources, including agricultural income, for the preceding financial year.
The notification lists authorities such as the Tehsildar, District Magistrate, Deputy Commissioner, Collector, and Sub-Divisional Magistrate, among others.
How to Apply for LIC Golden Jubilee Scholarship 2026?
Applications are accepted only through the online application link available on the LIC website.
Steps to Apply
- Visit the official LIC website.
- Go to the Golden Jubilee Scholarship section.
- Read the scholarship instructions carefully.
- Register and complete the online application.
- Enter personal, academic, and family income details.
- Upload the required documents.
- Check all information carefully.
- Submit the application.
- Save the acknowledgement email/application details for future reference.
After submitting the application, candidates receive an acknowledgement email. The LIC Divisional Office mentioned in that email will handle further correspondence.
LIC Golden Jubilee Scholarship 2026 Last Date
The official scheme document states that the last date for submitting the online application was September 30, 2026. Since today is October 3, 2026, the application form submission last date has been extended to 15 October.
Also read: NORCET Stage 2 2026 Result.
Final Words
The LIC Golden Jubilee Scholarship Scheme 2026 supports meritorious students from economically weaker sections pursuing higher education. The scheme provides scholarships of up to ₹50,000 per year for eligible medical courses, ₹40,000 for engineering courses, ₹20,000 for eligible graduation/diploma/vocational courses and ₹15,000 for eligible students pursuing studies after Class 10.
Selection is based primarily on academic merit, with family income considered in case of a tie. Students receiving Government scholarships can also be considered, subject to the scheme’s conditions.
Note: The information above is based on the uploaded LIC Golden Jubilee Scholarship Scheme 2026 document. The document states September 30, 2026, as the application deadline.