The LIC Golden Jubilee Scholarship Scheme is a helpful educational support programme for bright students from economically weaker families.

Introduction

The LIC Golden Jubilee Scholarship Scheme aims to assist students with excellent marks who require financial support to pursue higher studies. LIC says the scheme covers studies in government or private colleges, universities, ITIs, and vocational courses, and it is designed to support higher education and employment opportunities.

For the 2025 scheme, the official document says the scholarship applies to students admitted in the academic year 2025–26, and the last date for online applications was September 22, 2025. A subsequent official LIC post revealed an extension of the deadline to 6 October 2025 for that year’s application cycle.

Launch Date

If you are looking for the launch date, the 2025 scheme document is the clearest official reference we could confirm from LIC’s website. The document itself is titled Golden Jubilee Scholarship Scheme-2025, and it was published as the official scheme notice for that admission cycle.

For the current public page, LIC’s scholarship page is an older evergreen page, while the 2025 PDF is the specific scheme notice that mentions the academic year 2025-26 and the application deadline.

Therefore, for article-writing purposes, you can safely mention that the 2025 scheme notice was issued for the 2025-26 admission cycle, while the official application closing date was 22 September 2025, later extended to 6 October 2025.

Withdraw Date

You asked for the withdraw date, but the official LIC sources we checked do not mention any “withdraw date” for applicants or students in the usual sense. The scheme clearly provides a last date to submit the online application, but it does not list a separate withdrawal date for the scholarship.

If by “withdraw date” you mean the last date to apply, then the official deadline was 22 September 2025, and LIC later extended it to 6 October 2025 for that cycle. If you like, I can also help you add a small note in the article explaining this difference in simple words.

What Is a Calculator?

A LIC Golden Jubilee Scholarship Scheme Calculator is not an official LIC tool but a simple way to estimate the scholarship amount based on course type and category. LIC’s official scheme gives fixed annual amounts for different courses, so a calculator mainly helps users understand the likely amount before they apply.

In simple words, the calculator checks three things:

• Which class the student passed.
• Which course the student joined.
• The student can apply for either a general scholarship or a special girl-child scholarship.

Scholarship Amount

The 2025 official scheme provides different scholarship amounts depending on the course. For medical courses, the annual amount is higher, while graduation, diploma, and vocational courses receive a lower amount.

Course / Category	Scholarship Amount Per Year	Payment Pattern
Medical courses like MBBS, BAMS, BHMS, BDS	₹40,000	2 instalments of ₹20,000
Engineering courses like BE, BTech, BArch	₹30,000	2 instalments of ₹15,000
Graduation, integrated diploma, and vocational, ITI courses	₹20,000	2 instalments of ₹10,000
Special Scholarship for Girl Child after Class 10	₹15,000	2 instalments of ₹7,500

Eligibility Criteria

LIC has kept the eligibility rules simple, but the student must match them carefully. For the 2025 scheme, the student must have passed Class 12 or Class 10 with at least 60% marks and taken admission in the 2025-26 academic year, and the annual family income must not exceed ₹450,000.

There are two main categories:

• General scholarship for students after Class 12 or after Class 10.
• Special Scholarship for Girl Child for girls after Class 10 who study for two years in intermediate/10+2, vocational, diploma, or ITI courses.

LIC also says applicants in the lower income band are given preference if there are more candidates than seats, and selection is made on merit and family background.

How The Calculator Works

A simple scholarship calculator can estimate the amount by using the course type and category. The formula is not complicated because LIC gives fixed yearly amounts.

Use this straightforward method:

• If the student joins medicine, show ₹40,000 per year.
• If the student joins engineering, show ₹30,000 per year.
• If the student joins graduation, diploma, integrated, vocational, or ITI, show ₹20,000 per year.
• If the student is a girl child after Class 10, show ₹15,000 per year.

Therefore, a calculator can quickly tell the student:

• yearly scholarship,
• instalment amount,
• total amount for the course duration,
• This includes whether the student is eligible based on their marks and income.

Example Calculation

Here is a simple example for your article.

If a student joins a BTech course, the scholarship is ₹30,000 per year. LIC pays it in two installments of ₹15,000 each. If the course lasts 4 years and the student remains eligible every year, the total scholarship may reach ₹120,000 over the full course period.

Another example:

• A student in graduation receives ₹20,000 per year.
• If the course is 3 years, the total may be ₹60,000 if renewal conditions are met.

Important Rules

The scholarship is not for post-graduation studies. LIC also says students studying through correspondence, part-time, evening, night classes, or open universities are not eligible.

A few more important conditions are the following:

• Only one student from a family is normally allowed.
• Students must keep excellent attendance.
• Renewal depends on passing marks in the previous exam.
• The scholarship is transferred by NEFT to the student’s bank account.

How To Apply

LIC accepts only online applications through its official website. After submitting the form, the student gets an acknowledgement email, and further communication happens through the LIC divisional office mentioned in that email.

Before applying, the student should keep these things ready:

• Marksheet.
• Income certificate.
• Admission proof.
• Bank account details.
• IFSC code.
• Cancelled cheque.

Who Should Use This Calculator

This calculator is useful for:

• Students who want to know how much aid they may get.
• Parents who want to plan education expenses.
• Teachers and counsellors help students apply.
• Website owners who want to create an LIC scholarship estimator tool.

If you are building a calculator for your website, keep it simple. Ask the user for:

• Class 10 or Class 12 result.
• Course type.
• Student gender is required for the special girl child category.
• Family income.
• Academic year of admission.

Then show the estimated yearly amount and total amount.

FAQ

Conclusion

The LIC Golden Jubilee Scholarship Scheme is a strong support system for students who want to study further but need financial help. If you explain it with a simple calculator, students can quickly understand their possible scholarship amount, eligibility, and application deadline.