The LIC Golden Jubilee scholarship is run by the LIC Golden Jubilee Foundation for first-year students in undergraduate, diploma and ITI courses who have scored at least 60 percent and whose family income is up to Rs 4.5 lakh a year. Awards range from Rs 15,000 to Rs 50,000 per year depending on the course. The 2026 round has closed, reported for 30 September 2026 and extended to 15 October in some updates, so the practical task now is to prepare for the next cycle.
Key takeaways
- Provider: LIC Golden Jubilee Foundation.
- Who: Students taking first-year admission in 2026-27 to eligible courses.
- Qualifying marks: At least 60 percent or equivalent CGPA in the last qualifying exam.
- Family income: Up to Rs 4.5 lakh per year from all sources.
- Courses: Undergraduate, diploma and ITI; not postgraduate.
LIC Golden Jubilee Scholarship: scholarship summary
| Item | 2026 cycle details |
|---|---|
| Provider | LIC Golden Jubilee Foundation |
| Who | Students taking first-year admission in 2026-27 to eligible courses |
| Qualifying marks | At least 60 percent or equivalent CGPA in the last qualifying exam |
| Family income | Up to Rs 4.5 lakh per year from all sources |
| Courses | Undergraduate, diploma and ITI; not postgraduate |
| Amount | Rs 15,000 to Rs 50,000 per year, depending on course |
| Payment | Directly to the bank account, in two instalments a year |
| Application | Online through the LIC website; closed for 2026 |
Who should look at it
It is built for students with solid marks but limited family means. A student who passed Class 12 with 62 percent, got into a degree college and comes from a household with a combined income of Rs 3.8 lakh would fit. A student with 58 percent would not, however strong the need. There is no entrance test or interview; selection is merit and means based, handled through LIC divisional offices.
Earlier cycles used lower income limits, with Rs 2.5 lakh mentioned for the regular scholarship, so do not rely on old figures from a friend or an old website.
Documents to prepare
- Marksheet of the last qualifying examination
- Income certificate from a competent government authority
- Admission proof for the first year and the fee receipt
- Aadhaar card and a bank account that is active and linked to Aadhaar
- Cancelled cheque or bank details
- Caste certificate if applicable
How the cycle usually runs
- LIC announces the scheme on its website in late summer or early autumn, with a link for online applications.
- You fill in the form and upload documents before the last date. Incomplete forms are generally rejected at the deadline.
- LIC divisional offices review and shortlist applications.
- Selected students are informed and the first instalment is paid after verification.
Timing has moved from year to year, and the 2026 cycle was extended once, so watch the official site rather than social media posts.
Mistakes to avoid next year
Do not wait for the last week. Income certificates take days to get, and offices slow down near deadlines. Check that the bank account name matches your Aadhaar and marksheet exactly, because a mismatch holds up payment. Make sure the percentage you enter is the one on the marksheet, not a rounded figure. If your marks are 59.6 percent, you are below the line. Keep soft copies of every document with consistent names. And do not pay agents; the application is free and online.
LIC Golden Jubilee Scholarship: other scholarships to compare
If you are a girl in a technical course, check the AICTE Pragati scholarship. SC students can read the post matric scholarship guide. Rules on holding more than one scholarship vary, so read each scheme’s conditions.
Rules, dates and amounts for LIC Golden Jubilee Scholarship can change, so confirm the latest official notice before you act.
Frequently asked questions
What is the income limit for the LIC Golden Jubilee scholarship?
Family income must not exceed Rs 4.5 lakh per year from all sources in the 2026 cycle. Earlier cycles used lower limits.
How much does the LIC Golden Jubilee scholarship pay?
Between Rs 15,000 and Rs 50,000 per year, depending on the course, paid in two instalments.
Can postgraduate students apply?
No. The scheme covers undergraduate, diploma and ITI courses.
Is the 2026 application still open?
No. The 2026 round closed in autumn 2026. Check the LIC website for the next announcement.
Do I need an entrance test?
No. Selection is based on marks and family income, with no entrance test or interview.