LIC HFL Vidyadhan Scholarship: Comprehensive Guide for Student

LIC HFL Vidyadhan Scholarship – The LIC HFL Vidyadhan scholarship will be introduced in 2024 by the respected government-owned company, Life Insurance Corporation of India (LIC).

Students in India who are having financial difficulties and cannot afford higher education are eligible for this award. It’s to help these worthy youngsters with their money problems. The award is also open to students who want to continue their studies after completing the tenth grade.

LIC HFL Vidyadhan Scholarship Overview

The LIC HFL Vidyadhan Scholarship, called after the Sanskrit concepts for wisdom (Vidya) and wealth (Dhan), is a financial aid initiative for education. It grants Rs. 20,000 per year for two years to students who have completed the tenth grade and are pursuing further education.

This scholarship is intended particularly for kids from low-income households who, despite their ability and passion, cannot afford to attend college.

Additionally, This award also aims to help these students continue their studies and improve their prospects. If you match the eligibility conditions, you can apply via the official website.

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Eligibility Criteria for the LIC HFL Vidyadhan scholarship

To be eligible for the LIC Corporation’s multiple scholarship programs, applicants must meet the following criteria:

LIC HFL Scholarship for Postgraduation

Students in their first year of a postgraduate program at any recognized college, university, or institution in India are also eligible to apply.
Applicants must have achieved at least 60% in their respective UG-level programs.
The applicant’s total annual household income cannot exceed INR 3,60,000.
Preference will be given to COVID-affected children who have lost any of their earning members/parents since January 2020, or whose earning family member(s) have lost their livelihood/employment as a result of the pandemic.

LIC HFL Vidyadhan Scholarship for Graduation

Students enrolled in the first year of a three-year graduate degree (in any discipline) at any accredited college, university, or institution in India may apply.
Applicants must have scored at least 60% on their Class 12 board exams.
The applicant’s annual household income cannot exceed INR 3,60,000.
Priority will be given to COVID-affected children who have lost any working members/parents since January 2020, or whose earning family member(s) have lost their livelihood/employment as a result of the epidemic.

LIC HFL Vidyadhan Scholarship for Class 10 Passers

Students enrolled in grade 11 at any accredited Indian institution are eligible to apply.
Applicants must have earned more than 60% on their Class 10 board exams.
The applicant’s total annual family income cannot be more than INR 3,60,000.
COVID-affected youngsters who have lost any earning members/parents since January 2020, or whose earning family member(s) have lost their livelihood/employment as a result of the pandemic, will be given special consideration.

Documents Required for the LIC HFL Vidyadhan Scholarship

When applying for the many types of scholarships offered by the organization, you must also submit the following documents:

LIC HFL Vidyadhan Scholarship for the Postgraduate

Photo identification (Aadhaar, PAN card, or passport)
Marksheet for Prior Educational Qualification
Income proof (Form 16A, government-issued income certificate, salary stubs, etc.)
Proof of admission (school/college/university ID card, authentic certificate, etc.)
Fee receipt for the current academic year.
Scholarship applicant’s bank account information (copy of canceled cheques or passbooks).
Document for crisis (if relevant)
Disability and caste certificates (if appropriate)

LIC HFL Vidyadhan Scholarship for graduation

Photo identification verification (Aadhaar, PAN, or passport)
Marksheet for previous educational qualification.
Income verification (Form 16A, income certificate from government authority, salary stubs, etc.)
Proof of admission (school/college/university ID card).
Fee receipts for the current school year
Scholarship applicants’ bank account information (copy of canceled checks or passbooks)
Document of the crisis (if applicable).
Certificate of Disability and Caste (where applicable).

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Selection Procedure

The Life Insurance Corporation will select the HFL Vidyadhan scholarship in a fairly straightforward manner. Applicants will also be picked based on their qualifications and financial needs. The applicant must also fill out the application form.

This scholarship application will be evaluated based on both merit and financial need. Following the shortlisting, the applicant will be contacted by telephone.

The face-to-face interview will be the final step in the selection process for this role. To be eligible for this award, applicants must also complete the following requirements:

The applicant achieved a score of 65% or better on the prior exam.
Financial Need: Students from lower-income families are favored [Annual income less than INR 3,00,000 (3 lakhs).
Students are also sponsored by single parents, orphans, students with critical/terminal parents, and students from families where one or more earning members lost their jobs in the previous year.

LIC HFL Vidyadhan Scholarship: A Comprehensive Guide for Student