Basically, Lichousing.com scholarship focuses on empowering lower-income groups or underprivileged students in India who are pursuing studies at various levels – starting from Class 8 to post-graduation. Interestingly, winners of this scholarship will receive financial assistance up to INR 30,000, depending on their level of study.
Achieving academic excellence has always been the dream of most Indian students, but 85% of these students find it challenging to make this dream a reality because of finance. This is why LIC HFL Vidyadhan Scholarship 2020 is here. Also known as Lichousing.com scholarship is opened for students who are studying in Class 8, 9, 10, 10 Passed, Graduation, Post-Graduation.
Therefore to help you apply, we the world scholarship forum has put down the relevant information you will need about this scholarship. This information will help you submit your application.
Quickly scroll the table of content below to see an overview of all the packages we have warpped up in this post just for you.
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 who are studying at various levels – starting 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.
Levels/Field of Study
Basically, the LIC HFL Vidyadhan Scholarship 2020 is awarded to Class 8 – 10, Class 10 Passed, Graduation, Post-Graduation students.
What is the benefit LIC HFL Vidyadhan Scholarships 2020
LIC HFL Vidyadhan Scholarships are of three different categories and each category has 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.
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.
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
For Class 10 Passed Students
For Post-graduate Students
Note, LIC HFL Vidyadhan Scholarship is hosted by LIC Housing Finance Limited (HFL)
Basically, this Lichousing.com Scholarship is opened for only Indian Students who are studying in the University.
How do I apply for LIC HFL Vidyadhan Scholarship 2020?
If you really want to apply for this LIC Scholarship 2020, its important that before you follow the steps listed below, carefully read the eligibility criteria.
First, Goto the official website which is https://www.lichousing.com/ and clicks on it. After that, you do the following: For more information on how to apply for this scholarship click the button below.
Below are the accompanying documents you are required to submit with your application.
Required Documents For Scholarship
What is the Basis for Selection of Winners?
As an applicant for LIC HFL Vidhyadhan Scholarship 2020, 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 critically/terminally parents, students from families with 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).
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 2019. Click the official website below to get more information about the scholarship.
FAQs about LIC HFL Vidhyadhan Scholarship 2020
How to apply for the ‘LIC HFL Vidhyadhan Scholarship’?
You can follow the steps below to apply for this scholarship:
Read the eligibility criteria and choose the scholarship category as mentioned above
Click on ‘Apply Now’ button
Login to Buddy4Study using your existing ID and password and land onto the ‘Scholarship Application Page’If not registered on Buddy4Study – Sign up at Buddy4Study with your E-mail/Facebook/Gmail account
Click on ‘Start Application’
Fill the scholarship application form
Upload the required documents alongwith the online application form
Click on ‘Submit’ button to complete the application process.
What are the documents required for ‘LIC HFL Vidhyadhan Scholarship’ application?
The following documents are required to be uploaded at the time of application:
Photo identity proof (Aadhaar Card / PAN Card / Passport)
Income proof (Form 16A/income certificate from government authority/salary slips, etc.)
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 selection process for LIC HFL Vidhyadhan Scholarship?
The selection of scholars for LIC HFL Vidhyadhan Scholarship involves a multi-stage process. The scholars will be selected after a thorough assessment of merit and financial needs of all the applicants. The key steps of the selection process are mentioned below:
1. Screening of scholarship applications based on merit and financial need.
2. Telephonic interviews for further shortlisting of candidates.
3. Face-to-face interview for final selection (if required).
What is the selection criteria of LIC HFL Vidyadhan Scholarship?
Scholars for LIC HFL Vidhyadhan Scholarship will be selected on the basis of the following criteria:
Merit of the applicant: 65% marks or above in previous exam
Financial Need: Students from lower income group families will be preferred [Annual income below INR 3,00,000 (3 Lakhs)]
Crisis situation: Students supported by single parent, orphans, students with critically/terminally parents, students from families with job-loss of earning member in last 12 months.
Is Lichousing scholarship 2020 ongoing?
No, the application for lichousing.com scholarship is not ongoing. it closed on 31st of december 2019.