LIC HFL Vidyadhan Scholarship 2024-25: Your Guide to Financial Aid
The LIC HFL Vidyadhan Scholarship offers crucial financial support to students from low-income families, enabling them to pursue education from Class 11 to postgraduate levels. With an annual scholarship amount ranging from ₹10,000 to ₹25,000, it aims to reduce the financial barriers that many students face. In this guide, you will find detailed information on eligibility, application steps, required documents, and the benefits of this scholarship, helping you take the next step toward your academic future.
What is the LIC HFL Vidyadhan Scholarship?
The LIC HFL Vidyadhan Scholarship, derived from the Sanskrit terms *Vidya* (knowledge) and *Dhan* (wealth), supports meritorious students from low-income families. Launched by LIC Housing Finance Limited, a leading housing finance company since 1989, it ensures financial constraints don’t hinder education. The scholarship aids students in Class 11, undergraduate (UG), or postgraduate (PG) programs, promoting academic excellence and inclusivity.
Key Highlights:
– Funding: ₹10,000–₹25,000 per year, based on academic level.
– Target Group: Students with family income ≤ ₹3.6 lakh annually.
– Application Period: Expected August–October 2025 (tentative).
– Preference: Female students, students with disabilities, orphans, or those affected by COVID-19 (e.g., loss of earning parent since January 2020).
Eligibility Criteria for LIC HFL Vidyadhan Scholarship 2024-25
For Class 11 Students
– Enrolled in Class 11 at a recognized institution in India.
– Minimum 60% marks in Class 10 board exams.
– Family annual income ≤ ₹3.6 lakh.
For Undergraduate (UG) Students
– Enrolled in the first year of a 3-year UG program (any stream) at a recognized college/university in India.
– Minimum 60% marks in Class 12 board exams.
– Family annual income ≤ ₹3.6 lakh.
For Postgraduate (PG) Students
– Enrolled in the first year of a PG program (any stream) at a recognized institution in India.
– Minimum 60% marks in UG exams.
– Family annual income ≤ ₹3.6 lakh.
Additional Preferences:
– Female students, students with disabilities, or orphans.
– Students who lost earning parents or whose families faced job loss due to COVID-19 (since January 2020).
How to Apply for the LIC HFL Vidyadhan Scholarship
Applications are submitted online via buddy4study.com, the official partner portal. Follow these steps:
- Visit the Official Portal: Go to official LIC website of scholarship.
- Register: Sign up with your email, mobile number, or Gmail. Log in if already registered.
- Start Application: Click “Apply Now” for your category (Class 11, UG, or PG) and select “Start Application.”
- Fill Application Form: Enter personal, academic, income, and address details.
- Upload Documents: Submit scanned copies of required documents (listed below).
- Review and Submit: Preview the form, accept terms, and submit before the deadline.
Documents Required
Prepare these documents in digital format (PDF, <2MB each):
– Photo ID Proof: Aadhaar card, PAN card, or passport.
– Academic Records: Mark sheets of Class 10 (Class 11), Class 12 (UG), or UG (PG).
– Income Proof: Income certificate or affidavit (family income ≤ ₹3.6 lakh).
– Admission Proof: College/school ID, admission letter, or fee receipt.
– Bank Details: Cancelled cheque or bank passbook copy (nationalized banks only).
– Minority/Disability Certificate: If applicable.
– Crisis Document: Death certificate of parent or job loss proof (for COVID-affected applicants).
Benefits of the LIC HFL Vidyadhan Scholarship
Academic Level | Annual Amount | Duration | Total Amount |
Class 11 | ₹10,000 | 2 years | ₹20,000 |
Undergraduate | ₹15,000 | 3 years | ₹45,000 |
Postgraduate | ₹20,000 | 2 years | ₹40,000 |
Selection Process
The selection is merit-based with a focus on financial need:
- Application Screening: Reviewed for academic merit (≥60% marks) and income (≤₹3.6 lakh).
- Telephonic Interview: Shortlisted candidates are assessed for financial need and intent.
- Final Selection: Based on merit, financial situation, and preferences (e.g., female, COVID-affected).
- Document Verification: Ensures authenticity of submitted documents.
Merit Criteria: Preference for students with ≥65% marks.
Key Deadlines for 2024-25
- Application Start: Expected August 2025 (tentative).
- Application Deadline:
- Class 11: September 30, 2025 (tentative).
- UG/PG: October 15, 2025 (tentative).
- Result Announcement: December 2025–January 2026 (tentative).
- Disbursement: March–April 2026 (post-verification).
Frequently Asked Questions (FAQs)
Who is eligible for the LIC HFL Vidyadhan Scholarship 2024-25?
Students in Class 11, first-year UG, or first-year PG with ≥60% marks and family income ≤₹3.6 lakh.
What is the scholarship amount?
Class 11: ₹10,000/year (2 years); UG: ₹15,000/year (3 years); PG: ₹20,000/year (2 years).
How do I apply?
Apply online at LIC housing website by registering, filling the form, and uploading documents
What documents are required?
Aadhaar card, mark sheets, income certificate, admission proof, bank details, and optional minority/disability certificates.
When is the application deadline?
Tentative: September 30, 2025 (Class 11), October 15, 2025 (UG/PG).
How are candidates selected?
Based on academic merit, financial need, telephonic interviews, and preferences for special categories.