LIC HFL Vidyadhan Scholarship 2023 – Apply Online, Last Date, Eligibility & Amount

LIC HFL Vidyadhan Scholarship 2023 Notification has been released by the LIC Housing Finance Limited (LIC HFL) to provide educational support to underprivileged students in India. This initiative aims to support students facing financial challenges who are pursuing their education from Class 11th to post-graduation levels. This article provides essential information about the application process, eligibility criteria, required documents, last date to apply, and other significant details which is required for LIC HFL Vidyadhan Scholarship. Keep reading to gain a comprehensive understanding of the scholarship.

What is LIC HFL Vidyadhan Scholarship 2023 ?

The LIC HFL Vidyadhan Scholarship is a Corporate Social Responsibility (CSR) project undertaken by LIC Housing Finance Limited (LIC HFL) to provide educational support to underprivileged students in India. This initiative seeks to empower students from economically challenged backgrounds who are pursuing their education journey, ranging from Class 11 to post-graduation levels. Through this scholarship, eligible students can receive financial aid of up to INR 25,000, the amount varying based on their academic level.

About: LIC Housing Finance Limited (LIC HFL)

Established in 1989, LIC Housing Finance Ltd. (LICHFL) is a major Housing Finance Company in India. Its main aim is to provide long-term financial help to individuals for buying or building homes. LICHFL also offers finance for existing properties, personal/business needs, and loans for Clinics/Nursing Homes/ Diagnostic Centers and offices. The company supports builders and developers constructing homes for sale. It became a public company in 1994, and its stocks are traded on National Stock Exchange (NSE) and Bombay Stock Exchange Limited (BSE). LICHFL is also involved in social welfare initiatives, including education programs.

Also Read: Best Scholarship for BDS Students in India 2023

Important Details: LIC HFL Vidyadhan Scholarship 2023

Here are the Important Details of LIC HFL Vidyadhan Scholarship 2023 as presented in the table below:

Name of the scholarship	LIC HFL Vidyadhan Scholarship 2023
Conducted By	LIC Housing Finance Limited (LIC HFL)
Financial Year	2023-2024
Scholarship Amount	INR 15,000 – INR 20,000
Application Mode	Online
Registration Start Date	–
Last Date to Apply	15/10/2023

Important Dates: LIC HFL Vidyadhan Scholarship 2023

Before we explore further details, it’s important to know LIC HFL Vidyadhan Scholarship 2023 Last Date of application process. The applications are now open and the last date to apply for the scholarship is October 15, 2023.

Eligibility Criteria: LIC HFL Vidyadhan Scholarship 2023

The LIC HFL Vidyadhan Scholarship 2023 eligibility criteria are as follows:

LIC HFL Vidyadhan Scholarship for Class 10 passed students 2023

• Students who are currently enrolled in Class 11th at any recognized institution in India are eligible to apply.
• Candidates should have achieved a minimum of 60% marks in their Class 10 board examination.
• The annual family income of the applicant must not be more than INR 3,60,000 from all sources.
• Priority will be granted to female students, students with disabilities, and those who have lost one or both parents.

LIC HFL Vidyadhan Scholarship for Graduation 2023

• Eligible applicants are those who have enrolled in the first year of a graduation program (in any field) at a recognized college, university, or institution in India for the academic year 2023-24.
• Candidates should have achieved a minimum of 60% marks in their Class 12 board examination.
• The annual family income of the applicant must not be more than INR 3,60,000 from all sources.
• Priority will be granted to female students, students with disabilities, and those who have lost one or both parents.

LIC HFL Vidyadhan Scholarship for Post-Graduation 2023

• Eligible applicants are those who have enrolled in the first year of a post-graduation program (in any field) at a recognized college, university, or institution in India for the academic year 2023-24.
• Candidates should have achieved a minimum of 60% marks in their Class 12 board examination.
• The annual family income of the applicant must not be more than INR 3,60,000 from all sources.
• Priority will be granted to female students, students with disabilities, and those who have lost one or both parents.

Scholarship Amount: LIC HFL Vidyadhan Scholarship 2023

The LIC HFL Vidyadhan Scholarship amount for the selected students are as follows:

• Class 11th and 12th students receive INR 15,000 per year.
• Undergraduate students receive INR 15,000 per year.
• Postgraduate students receive INR 20,000 per year.

Documents Required: LIC HFL Vidyadhan Scholarship 2023

During the scholarship application process, you will need to provide the following documents as part of your application:

LIC HFL Vidyadhan Scholarship for Class 10 passed students 2023

• A photo identity proof such as Aadhaar Card, PAN Card, or Passport.
• A copy of your previous educational qualification’s marksheet.
• Proof of income, which can include Form 16A, an income certificate from a government authority, or salary slips.
• Proof of admission, like your school/college/university ID card or a bonafide certificate.
• A receipt showing the fees paid for the current academic year.
• Your bank account details, which can be submitted through a canceled cheque or a copy of your passbook.
• If applicable, a document explaining your crisis situation.
• If applicable, certificates for disability and caste status.

LIC HFL Vidyadhan Scholarship for Graduation 2023

• A photo identity proof such as Aadhaar Card, PAN Card, or Passport.
• A copy of your previous educational qualification’s marksheet.
• Proof of income, which can include Form 16A, an income certificate from a government authority, or salary slips.
• Proof of admission, like your school/college/university ID card or a bonafide certificate.
• A receipt showing the fees paid for the current academic year.
• Your bank account details, which can be submitted through a canceled cheque or a copy of your passbook.
• If applicable, a document explaining your crisis situation.
• If applicable, certificates for disability and caste status.

LIC HFL Vidyadhan Scholarship for Post-Graduation 2023

• A photo identity proof such as Aadhaar Card, PAN Card, or Passport.
• A copy of your previous educational qualification’s marksheet.
• Proof of income, which can include Form 16A, an income certificate from a government authority, or salary slips.
• Proof of admission, like your school/college/university ID card or a bonafide certificate.
• A receipt showing the fees paid for the current academic year.
• Your bank account details, which can be submitted through a canceled cheque or a copy of your passbook.
• If applicable, a document explaining your crisis situation.
• If applicable, certificates for disability and caste status.

Application Process: LIC HFL Vidyadhan Scholarship 2023

For LIC HFL Vidyadhan Scholarship 2023 apply online process you can follow the steps below:

Step 1- Click on the ‘Apply Now’ Link here and you will be directed to the ‘Scholarship Application Page’.

Step 2- Sign in to Buddy4Study LIC Scholarship using your registered ID.

Step 3- You will then be taken to the detailed page of the ‘LIC HFL Vidyadhan Scholarship‘.

Step 4- Initiate the application process by selecting the ‘Start Application’ button.

Step 5- Complete the online application form by entering the required information.

Step 6- Attach the required documents as a part of your application.

Step 7- Agree to the provided ‘Terms and Conditions’ and click on ‘Preview’.

Step 8- Review the preview screen to ensure all your details are accurate.

Step 9- If everything appears correct on the preview screen, click on the ‘Submit’ button to complete the application process.

Section Process: LIC HFL Vidyadhan Scholarship 2023

The process of selecting scholars for the LIC HFL Vidyadhan Scholarship includes several stages. The selection is based on a comprehensive evaluation of both academic merit and financial requirements of the applicants. The main stages of the selection process are outlined as follows:

1. The initial screening of applications is conducted, considering both academic merit and financial need.
2. Candidates then participate in an online aptitude test.
3. Telephonic interviews are conducted for candidates who successfully pass the online aptitude test.

Section Criteria: LIC HFL Vidyadhan Scholarship 2023

The selection of students for the LIC HFL Vidyadhan Scholarship will be based on the following criteria:

1. Merit of the applicant: Having scored 60% marks or higher in the previous exam.
2. Financial Need: Preference will be given to students from lower-income families with an annual income below INR 3,60,000 (3.6 Lakhs).
3. Crisis situation: Priority will be given to students who have been affected by COVID-19, those supported by single parents, orphans, students with critically or terminally ill parents, and students from families where earning members have lost their jobs in the last 12 months.
4. Additionally, preference will be given to girl children.

Scholarship Renewal: LIC HFL Vidyadhan Scholarship 2023

The LIC HFL Vidyadhan Scholarship 2023 can be renewed for subsequent years, subject to the following conditions:

• Keep attending regular classes.
• Maintain good behavior without any issues (No disciplinary action).
• Get good grades (above 60%).

To keep getting the scholarship, students need to upload these documents online:

1. Proof of paying fees for the new academic year.
2. A report indicating successful completion of the last exam with satisfactory grades.
3. A declaration stating that you follow the rules of conduct.

Contact Details: LIC HFL Vidyadhan Scholarship 2023

If you have any questions or concerns related to the LIC HFL Vidyadhan Scholarship 2023 last date, amount or other queries you can reach out to the authorities using the following contact details:

Phone	011-430-92248(Ext-143)
Email-ID	[email protected]
Timings	Monday to Friday – 10:00AM to 6PM

Key Points to Remember for LIC HFL Vidhyadhan Scholarship 2023

Here are the important steps to keep in mind while applying for the LIC HFL Vidhyadhan Scholarship 2023:

1. Make sure to check if you meet the eligibility criteria before applying.
2. Have a valid and working mobile number.
3. Prepare all the required documents in advance.
4. Use an active email ID.
5. Fill in all the information accurately.
6. Apply for the scholarship well before the deadline to avoid any last-minute rush.
7. Double-check all the details before submitting the application.
8. It’s recommended to use a laptop or desktop for filling out the application form.

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