LIC HFL Vidyadhan Scholarship

Vidyadhan Scholarship has been introduced by LIC Housing Finance Limited (LIC HFL) in a significant step towards empowering the education of the underprivileged . Vidyadhan Scholarship is designed to support students from lower-income families who are pursuing their education from Class 11 to post-graduation. Let's explore the facets of this impactful scholarship.

About the  Vidyadhan Scholarship:

The LIC HFL Vidyadhan Scholarship is a part of LIC HFL's Corporate Social Responsibility (CSR) initiative. It aims to provide financial assistance to students from economically weaker sections to continue their education. The scholarship offers financial support of up to INR 25,000 per year, depending on the level of education​​.

Eligibility Criteria for Vidyadhan Scholarship:

The scholarship caters to different educational levels with specific eligibility requirements:

• For Class 10 passed students, those enrolled in Class 11 at any recognized institution in India can apply. Applicants must have scored more than 60% marks in their Class 10 board examination and have a family income not exceeding INR 3,60,000 per annum​​.
• Graduation students in the first year of a 3-year program can apply, provided they have secured at least 60% marks in their Class 12 board examination and meet the family income criterion​​.
• Post-graduation students in their first year are also eligible if they have scored at least 60% marks in their undergraduate program and fulfill the family income requirements​​.

Scholarship Amount for  Vidyadhan Scholarship:

• Class 10 passed students: INR 15,000 per year for 2 years.
• Graduation students: INR 25,000 per year for 3 years.
• Postgraduation students: INR 20,000 per year for 2 years​​.

Application Process for  Vidyadhan Scholarship:

The application process is online through the Buddy4Study portal. Applicants need to register, fill in the application form, upload necessary documents, and submit their application​​.

Required Documents:

Applicants must provide photo identity proof, marksheets of previous educational qualifications, income proof, proof of admission, current academic year fee receipt, bank account details, and any crisis or disability-related documents, if applicable​​.

Selection Process:

Selection is based on merit (60% marks or above in the previous exam), financial need (annual income below INR 3,60,000), and specific crisis situations like COVID-affected children, orphans, single parent-supported students, and others. Preference is given to girl students, students with disabilities, and those who have lost either or both parents​​.

The LIC HFL Vidyadhan Scholarship is a commendable initiative that recognizes the power of education in transforming lives. By aiding students who face financial barriers, LIC HFL is playing a crucial role in shaping a brighter future for the youth of India.

Contact Information:

For queries related to the scholarship program, eligibility, application process, award details, or selection process, contact LIC HFL at 011-430-92248 (Ext-143)