LIFE’S GOOD’ Scholarship 2024: Rs 2,00,000 Lakh Award, Check Details, Apply Link.

LIFE’S GOOD’ Scholarship 2024: This Scholarship is an initiative by LG Electronics India Private Limited, is designed to offer financial support to provide financial assistance to meritorious students from economically weaker backgrounds. Under this scholarship program, students pursuing their undergraduate or postgraduate courses at select institutes/colleges can receive financial aid up to INR 1,00,000 for one year to support their educational journey.

This program aligns with Sustainable Development Goals 4 and 5, emphasizing quality education and gender equality. In accordance with Schedule VII of the Companies Act 2013, it gives preference to eligible female students, promoting education and championing their empowerment through inclusive learning.

LIFE’S GOOD’ Scholarship 2024 Overview

Particulars                Details
Name of the Scholarship               ‘LIFE’S GOOD’ Scholarship Program 2024
Provider Detail                     LG Electronics India Pvt. Ltd. (LG Electronics)
Scholarship Type Merit and means-based
Award Scholarship of up to INR 1,00,000 for one year
Last Date to Apply* 10 July, 2024
Application Mode Online
Academic Session 2024-2025.

LIFE’S GOOD’ Scholarship 2024 Eligibility Criteria

The Eligibility of LG Scholarship 2024 is Discussed in below points.

  1. Students must be pursuing undergraduate/postgraduate courses (any academic year) from *select colleges/institutes across India.
  2. First-year students must have scored a minimum of 60% marks in their class 12th examinations, while students in the 2nd, 3rd, and 4th years must have achieved a minimum of 60% marks in the previous academic year.
  3. Children of employees of Buddy4Study and LG Electronics India Private Limited are not eligible to participate in the scholarship.

Note:

  • Preference will be given to meritorious students, female students and students with an annual family income of not more than INR 8 lakh.
  • Applications for this program will be accepted in four phases.
  • To view the list of colleges for Phase 1, please click here.
  • Stay tuned for details regarding Phases 2, 3, and 4

Benefits

The Benefits of LIFE’S GOOD’ Scholarship 2024 are listed below.

  • For UG students – 50% of tuition fees or up to INR 1 lakh (whichever is lesser)
  • For PG students – 50% of tuition fees or up to INR 2 lakh (whichever is lesser)
  • UG students will receive INR 50,000
  • PG students will receive INR 1 lakh

Documents Required:

The Documents Required for online application of LIFE’S GOOD’ Scholarship 2024 are below.

  • Class 12 marksheet and previous year/semester marksheet (for 2nd / 3rd / 4th-year students)
  • Government-issued address proof (e.g., Aadhaar card)
  • Proof of family income (any one of the following documents):
  • Income Tax Return (ITR) statement
  • Salary slip
  • Form 16 (if salaried)
  • BPL/Ration Card
  • Income proof certificate signed by Tehsildar/BDP (for rural areas)
  • Letter/certificate from Gram Panchayat (signed and stamped)
  • Proof of admission (college/school ID card, academic fees receipt) and fee structure
  • Bonafide certificate from the institute
  • Bank account details of the beneficiaries
  • Photograph

Selection Process

  • Applicants must fill out a multi-step online application form, providing personal details, academic information, and necessary documents. 
  • Their qualifications are then assessed on a rolling basis based on the eligibility criteria, which include academic performance and family income.
  • Shortlisted candidates will undergo telephonic interviews to evaluate their suitability for the scholarship further. 
  • Scholars undergo an onboarding process upon selection, including document verification to confirm their eligibility. 
  • Finally, funds are disbursed to the selected scholars to support their academic pursuits.

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Application Process:

Click on the ‘Apply Now’ button below.

Login to Buddy4Study with your registered ID and land on the ‘Application Form Page’.

Register at Buddy4Study with your email, mobile, or Gmail account if not registered.

You will now be redirected to the ‘LIFE’S GOOD’ Scholarship Program 2024 application form page.

Click on the ‘Start Application’ button to begin the application process.

Fill in the required details in the online application form.

Upload relevant documents.

Accept the ‘Terms and Conditions’ and click on ‘Preview’.

If all the details filled in by the applicant are correctly showing on the preview screen, click the ‘Submit’ button to complete the application process.

READ ALSO: AICTE Pragati Scholarship 2024: Rs 50,000 Scholarship, Check Details, Apply Online

Contact Details

In case of any queries, please reach out to:

011-430-92248 (Ext no. 347) (Monday to Friday – 10:00AM to 06:00 PM (IST))

lgscholarship@buddy4study.com

Apply Link – Click Here

Homepage – Click Here

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