Paying for higher education is becoming difficult for many Indian families. College fees, hostel expenses, books, travel and other education-related costs can put pressure on a family’s budget.
To support deserving students from economically weaker sections, the LIC Golden Jubilee Foundation runs the Golden Jubilee Scholarship Scheme.
The LIC Golden Jubilee Scholarship 2026 is now open for eligible students. The scheme provides financial assistance to students pursuing higher education and selected courses after Class 10, Class 12 or diploma-level qualification.
For 2026, the scholarship amount can go up to ₹50,000 per year, depending on the course. Applications are being accepted online, and the current last date is 30 September 2026. Students should always check the latest notification on LIC’s official website before submitting an application.
In this guide, I will explain the LIC Golden Jubilee Scholarship 2026 in simple language, including eligibility, scholarship amount, required documents, application process, selection process, renewal conditions and important mistakes students should avoid.
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LIC Golden Jubilee Scholarship 2026 – Quick Overview
| Particular | Details |
| Scholarship Name | LIC Golden Jubilee Scholarship Scheme 2026 |
| Organization | LIC Golden Jubilee Foundation |
| Target Students | Students from economically weaker sections |
| Application Mode | Online |
| Academic Year | 2026–27 |
| Minimum Marks | 60% or equivalent CGPA |
| Maximum Family Income | ₹4.50 lakh per year |
| Scholarship | Up to ₹50,000 per year |
| Last Date | 30 September 2026 |
| Official Website | LIC India |
LIC’s Golden Jubilee Foundation is a charitable initiative established in 2006 and works in areas including education, health and other public-utility activities.
What is LIC Golden Jubilee Scholarship 2026?
The LIC Golden Jubilee Scholarship is an education-support scheme offered through the LIC Golden Jubilee Foundation.
The main purpose is to provide financial assistance to meritorious students from economically weaker families so that financial difficulties do not become the only reason for discontinuing higher education.
The scheme has two broad categories:
- General Scholarship – mainly for students who have passed Class 12 or diploma and are entering higher education.
- Special Scholarship – for eligible students after Class 10 who continue their education in 10+2, vocational, diploma or ITI-type courses.
For the 2026 scheme, eligible students generally need at least 60% marks or equivalent CGPA, while the annual income of the parents/guardian should not exceed ₹4.50 lakh.
LIC Golden Jubilee Scholarship 2026 Amount
One of the most searched questions is:
How much money is given under the LIC Golden Jubilee Scholarship?
For the 2026 scheme, the amount depends on the course.
| Course / Category | Scholarship per Year | Approx. Instalments |
| Medicine – MBBS, BAMS, BHMS, BDS | ₹50,000 | ₹25,000 × 2 |
| Engineering – BE, B.Tech, B.Arch | ₹40,000 | ₹20,000 × 2 |
| Graduation, Integrated, Diploma, Vocational & | ₹10,000 × 2 | |
| Special Scholarship after Class 10 | ₹15,000 | ₹7,500 × 2 |
The 2026 rates reported from the current scheme information are higher for Medicine and Engineering than the corresponding amounts in the 2025 scheme, so students should not copy old 2025 figures when writing or applying for the 2026 scholarship.
Example
Suppose Rahul has taken admission in the first year of B.Tech in 2026–27 and meets all eligibility conditions.
If selected, he may receive:
₹40,000 per year
This would normally be paid in two instalments of:
₹20,000 + ₹20,000
subject to the applicable scholarship and renewal conditions.
Similarly, a selected medical student can receive up to ₹50,000 per year under the 2026 rate.
Who Can Apply for LIC Golden Jubilee Scholarship 2026?
Eligibility depends on the category.
- General Scholarship – After Class 12 / Diploma
Students may be eligible if they:
- have passed Class 12 or an equivalent examination, or the applicable diploma qualification;
- obtained at least 60% marks or equivalent CGPA;
- passed the qualifying examination in the specified academic years;
- have taken admission to the first year of an eligible course during academic year 2026–27;
- are studying in an eligible recognised institution;
- have parents/guardians whose total annual income from all sources does not exceed ₹4,50,000.
Eligible fields include medicine, engineering, graduation, integrated courses, diploma and specified vocational/ITI courses.
LIC Scholarship After Class 10
There is also a Special Scholarship category for eligible students who have passed Class 10.
A student may qualify if he or she:
- has passed Class 10/equivalent with at least 60% marks or equivalent CGPA;
- belongs to the applicable academic-year batch specified in the 2026 scheme;
- has taken admission in 2026–27;
- is pursuing higher secondary/10+2, vocational or diploma education, or an eligible ITI course;
- meets the family-income requirement of ₹4.50 lakh or less per year.
The Special Scholarship amount is ₹15,000 per year, generally paid in two instalments of ₹7,500 each.
Family Income Limit for LIC Scholarship 2026
The income condition is important.
The annual income of the student’s parents or guardian from all sources should generally not exceed ₹4,50,000.
For example:
If the total annual family income is:
- ₹2,00,000 → within the stated limit
- ₹3,75,000 → within the stated limit
- ₹4,50,000 → at the stated limit
- ₹4,75,000 → above the stated limit
Students should use the income information and certificate required by LIC rather than estimating their income themselves.
Which Courses Are Covered?
The 2026 scholarship covers several types of education.
Medical
Examples include:
- MBBS
- BAMS
- BHMS
- BDS
- Engineering
Examples include:
- BE
- B.Tech
- B.Arch
- Graduation
Eligible graduation courses can include programmes in disciplines such as:
- Arts
- Commerce
- Science
- Other eligible degree disciplines
- Other Courses
The scheme also covers applicable:
- Integrated courses
- Diploma courses
- Vocational courses
- eligible ITI courses
However, students should read the current LIC notification carefully because not every course or mode of study automatically qualifies.
Who Is Not Eligible for LIC Golden Jubilee Scholarship?
This is an important section because many students search for the scholarship but do not check the exclusions.
The scholarship is not intended for ordinary postgraduate study. Integrated courses that combine graduation and postgraduate education may be covered according to the scheme conditions.
Courses or study modes that do not meet the scheme requirements may also be excluded, such as certain correspondence, part-time, evening/night or open-university programmes.
Students should not assume that simply being a student with 60% marks is enough.
There are several conditions relating to:
- course type;
- admission year;
- institution;
- income;
- previous qualification;
- mode of study;
- renewal.
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LIC Golden Jubilee Scholarship 2026 Last Date
Last date to apply: 30 September 2026
The current 2026 application window opened in September 2026, and the published last date is 30 September 2026.
Students should not wait until the final day.
A common problem with scholarship applications is that students prepare the form at the last moment and then discover that an income certificate, bank detail, admission document or marksheet is missing.
My practical suggestion is simple:
Prepare your documents first, then complete the online application.
Also remember that LIC can publish an extension or change through its official website, so the official LIC notification should be treated as the final source.
How to Apply for LIC Golden Jubilee Scholarship 2026?
The application process is online.
Step 1 – Visit the LIC official website
Go to the official LIC website and open the Golden Jubilee Foundation/Scholarship section.
LIC Golden Jubilee Foundation – Official Website
LIC’s website currently displays an option to apply for the Golden Jubilee Scholarships 2026.
Step 2 – Open the 2026 scholarship application
Select the application link for the Golden Jubilee Scholarship Scheme 2026.
Step 3 – Enter personal details
The applicant should carefully enter information such as:
- name;
- date of birth;
- mobile number;
- email ID;
- address;
- educational information;
- family income;
- bank details.
Step 4 – Enter academic information
Enter the details of the qualifying examination and current course/admission.
Make sure the marks entered in the application match the marksheet.
Step 5 – Upload documents
Upload the documents requested in the application.
Step 6 – Check bank details
This is particularly important.
The scholarship is credited to the selected student’s bank account through NEFT, so the bank account must be active and the details must be correct.
Step 7 – Submit the application
Check the entire form before clicking Submit.
Save the acknowledgement/application number for future reference.
Documents Required for LIC Scholarship 2026
Students should keep the following documents ready, subject to the requirements shown in the actual application:
- Income certificate
- Marksheet of the qualifying examination
- Proof of first-year admission
- Bank account details
- IFSC code
- Cancelled cheque, where required
- Valid mobile number
- Valid email ID
- Other documents requested during verification
LIC’s application instructions specifically emphasize accurate bank information, active bank accounts and submission of income certificate, qualifying marksheet and proof of first-year admission.
How Are LIC Golden Jubilee Scholarship Candidates Selected?
This is one area where applicants should understand the difference between eligibility and selection.
Meeting the minimum eligibility criteria does not automatically mean that every applicant will receive the scholarship
Applications are processed through LIC’s divisional offices. LIC’s current Golden Jubilee Foundation page says applications go through preliminary and final stages, with candidates passing preliminary assessment contacted for document submission and final evaluation.
The 2026 selection process is merit-based.
The percentage obtained in the relevant qualifying examination is considered. If candidates have the same percentage, family income can become an important tie-breaking factor, with lower income receiving preference under the stated conditions.
Simple example
Imagine two eligible students apply for a limited number of scholarships:
Student A
Marks: 88%
Family income: ₹3 lakh
Student B
Marks: 72%
Family income: ₹2 lakh
The scholarship is not simply awarded because Student B has a lower income. Academic merit is an important part of selection, while income is relevant under the tie-breaking/selection conditions.
Therefore, applicants should not think:
“I have 60%, so my scholarship is guaranteed.”
It is better to understand 60% as an eligibility threshold, not a guarantee of selection.
How Many Students Can Get the Scholarship?
The scheme is administered through LIC’s divisional structure.
The current information indicates that each LIC Division has specified scholarship slots, including 80 candidates under the General Scholarship and 40 under the Special Scholarship.
This means the number of eligible applicants can be higher than the number of scholarships available.
That is another reason why academic performance and correct documentation matter.
How Is the Scholarship Paid?
The scholarship is paid directly into the selected student’s bank account through NEFT.
For the 2026 scheme, the scholarship is generally paid in two instalments each year, subject to the conditions of the scheme and continuation/renewal requirements.
The second instalment may require the student to submit the required academic result or attendance-related documentation, depending on the institution and applicable conditions.
LIC Golden Jubilee Scholarship Renewal
Getting selected in the first year does not mean that the scholarship continues automatically forever.
Students must continue to satisfy the applicable renewal conditions.
The reported 2026 conditions include academic performance requirements for continuation. For example, the continuation requirements differ between medical/engineering students and students pursuing graduation or other eligible courses.
Students should therefore treat the scholarship as financial support linked to continuing eligibility, rather than as a one-time unconditional payment.
Is LIC Golden Jubilee Scholarship Available for Private Colleges?
The scholarship is not simply restricted to one particular type of college.
Eligible students studying in recognised institutions can qualify according to the scheme’s conditions. The important point is whether the course and institution satisfy the scholarship requirements.
Therefore, a student should not reject the scholarship merely because the college is private.
At the same time, students should not assume that every private institution or every course is automatically eligible.
Always check the current 2026 scheme notification.
Can a Student Apply If They Are Already Receiving Another Scholarship?
This is another point that needs careful attention.
The Golden Jubilee Scholarship has conditions relating to receiving scholarships from other trusts/institutions, with certain exceptions.
Therefore, students should disclose relevant scholarship information honestly rather than hiding another scholarship in the application.
False information can create problems during document verification.
Common Mistakes Students Should Avoid
- Using 2025 information for the 2026 application
This is probably the biggest mistake.
Scholarship amounts, dates and conditions can change.
For example, the 2025 scheme listed different amounts for medical and engineering students. The 2026 information has revised amounts, including up to ₹50,000 for medical courses. - Entering incorrect income
Do not simply enter an approximate family income.
Use the required income certificate and applicable official information. - Wrong bank details
One incorrect digit in the account number or IFSC can create payment problems. - Uploading unclear documents
Scanned documents should be readable. - Waiting until the last date
Do not leave the application for 30 September. - Assuming 60% guarantees selection
60% may satisfy the minimum academic requirement, but selection depends on the applicable merit and selection process. - Applying through unofficial websites
Students should be especially careful with websites asking for money or personal information.
The safest approach is to start from the official LIC website.
LIC Golden Jubilee Scholarship 2026 – Example
Let’s understand the scheme with a simple example.
Suppose Neha passed Class 12 with 82% marks.
Her family income is ₹3.2 lakh per year.
She takes admission in the first year of B.Tech in the academic year 2026–27.
She meets the basic marks, income and admission conditions.
If her application is selected after the applicable merit and verification process, she could receive:
₹40,000 per year
The amount would be paid in applicable instalments, subject to the scholarship rules.
Now consider Amit, who passed Class 10 with 78% marks and takes admission in an eligible 10+2 course.
If his family income is within the prescribed limit and he satisfies all other conditions, he may be considered under the Special Scholarship category, where the annual amount is ₹15,000.
This example is only to explain how the categories work. Actual selection depends on the official scheme conditions and merit.
Is LIC Golden Jubilee Scholarship 2026 Worth Applying For?
For a student who meets the eligibility conditions, yes, it is worth applying.
Even ₹15,000–₹50,000 a year can help with:
- books;
- tuition-related expenses;
- study materials;
- travel;
- examination expenses;
- other education costs.
For a medical or engineering student, the support can become more meaningful because these courses can involve substantial educational expenses.
However, students should remember that this scholarship should be considered financial assistance, not necessarily a complete solution to all education costs.
Important: LIC Golden Jubilee Scholarship Is Not an LIC Insurance Policy
Some people may confuse the Golden Jubilee Scholarship with LIC insurance plans.
It is important to understand the difference.
The LIC Golden Jubilee Scholarship is an educational scholarship programme administered through the LIC Golden Jubilee Foundation.
It is not an insurance policy, investment plan or savings plan.
There is no need to buy an LIC insurance policy simply to understand whether you qualify for this scholarship.
Frequently Asked Questions – LIC Golden Jubilee Scholarship 2026
1. What is the LIC Golden Jubilee Scholarship 2026?
It is a scholarship scheme administered through the LIC Golden Jubilee Foundation to provide financial assistance to eligible students from economically weaker sections pursuing qualifying education.
2. What is the last date for LIC Golden Jubilee Scholarship 2026?
The current last date for online application is 30 September 2026. Students should check the official LIC website for any subsequent notification or extension.
3. What is the maximum LIC scholarship amount in 2026?
The maximum reported amount under the 2026 scheme is ₹50,000 per year for eligible medical courses.
4. How much scholarship is given to engineering students?
Eligible selected engineering students can receive ₹40,000 per year, subject to the scheme conditions.
5. What is the minimum percentage required?
The basic academic eligibility is generally 60% marks or equivalent CGPA in the relevant qualifying examination.
6. What is the family income limit?
The parents’/guardian’s annual income from all sources should generally not exceed ₹4.50 lakh.
7. Can Class 10 students apply?
eligible students who have passed Class 10 and take admission in an applicable 10+2, vocational, diploma or ITI course may be considered under the Special Scholarship category.
8. Can a student pursuing MBBS apply?
Yes. MBBS is specifically included under the medical category, subject to fulfilling all eligibility and selection conditions.
9. Is the LIC scholarship available for engineering students?
Yes. Eligible BE, B.Tech and B.Arch students can be considered under the engineering category.
The LIC Golden Jubilee Scholarship 2026 can be useful financial support for students who have good academic performance but come from families with limited income.
The most important things to remember are:
60% minimum marks + family income up to ₹4.50 lakh + eligible course/admission + correct documents + successful selection.
The current application deadline is 30 September 2026, so eligible students should not wait until the last day.
Before applying, always verify the latest information directly from LIC because dates, documents, eligibility conditions and other requirements can be updated.
Official source
For the latest application link and official notification, visit the LIC Golden Jubilee Foundation page:
LIC Golden Jubilee Foundation – Official LIC Website
Disclaimer: This article is for educational and informational purposes. Scholarship eligibility, amount, dates, selection rules and documentation requirements can change. Applicants should rely on the latest notification published by LIC Golden Jubilee Foundation before submitting an application.
