Life Good Scholarship Yojana: A Step Towards Empowering Students with Financial Aid

The Life Good Scholarship Yojana is a transformative initiative launched by LG Electronics India Private Limited aimed at providing financial support to meritorious students from economically weaker sections of society. This program is designed to empower students pursuing undergraduate or postgraduate courses in select colleges and institutions across India. Eligible students can receive up to ₹1,00,000 as financial assistance for a year. Applications for the program are open until December 15, 2024.

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Eligibility Criteria for Life Good Scholarship Yojana

To qualify for this scholarship, candidates must meet the following eligibility requirements:

1. Academic Excellence
   • Undergraduate students must have scored a minimum of 60% marks in their Class 12 examinations.
   • For students in their 2nd, 3rd, or 4th year, a minimum of 60% marks in the previous academic year is mandatory.
2. Economic Background
   • The annual family income of the applicant should not exceed ₹8,00,000. Priority will be given to students demonstrating exceptional merit and financial need.
3. Enrollment in Recognized Institutions
   • The applicant must be enrolled in undergraduate or postgraduate programs at select recognized colleges or universities in India.

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Benefits of the Life Good Scholarship Yojana

The Life Good Scholarship Yojana offers significant financial aid to eligible students, ensuring they can focus on their education without the burden of financial constraints. Below are the detailed benefits:

1. Undergraduate Students
   • Up to ₹1,00,000 for tuition fees or 50% of the tuition cost, whichever is lower.
   • If tuition fees are zero or nominal, students can still receive ₹50,000 as financial support.
2. Postgraduate Students
   • Up to ₹2,00,000 for tuition fees or 50% of the tuition cost, whichever is lower.
   • In cases where tuition fees are minimal, postgraduate students will receive ₹1,00,000 as financial aid.

This initiative ensures that deserving students can overcome financial barriers and achieve academic excellence.

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Documents Required for Application

Applicants must provide the following documents to successfully complete their application for the scholarship:

• Class 12 Marksheet (for first-year undergraduate students) or Previous Year Marksheet (for ongoing students).
• Caste Certificate (if applicable) issued by a government authority.
• Age Proof (Class 10 marksheet or birth certificate).
• Aadhaar Card for identity verification.
• Income Certificate or BPL Card/Ration Card to verify financial status.
• Proof of College Admission or Enrollment Certificate.
• Tuition Fee Receipt for the current academic year.
• Bank Account Details (account number and IFSC code) for fund disbursement.
• Recent Passport-Size Photograph.

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Step-by-Step Application Process

The application process for the Life Good Scholarship Yojana is simple and entirely online. Follow these steps to apply:

1. Visit the Official Website
   • Go to the official scholarship page on Buddy4Study.
2. Register Your Account
   • Click on the “Apply Online” button.
   • Create an account using your email ID and mobile number.
3. Complete the Application Form
   • Log in and fill out the application form with accurate details, including personal, academic, and financial information.
4. Upload Documents
   • Scan and upload all the required documents as specified above. Ensure clarity and validity of each document.
5. Submit the Application
   • Review all the entered details carefully before final submission.
   • Click on the “Submit” button and save a copy of the application form for future reference.

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Key Dates to Remember

• Application Deadline: December 15, 2024
• Notification Release: Available on the Official Page.

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Why Choose the Life Good Scholarship Yojana?

The Life Good Scholarship Yojana stands out for its inclusive and impactful approach toward education. It is not just a financial aid program; it is a bridge to success for many talented and deserving students. The initiative is a testament to LG Electronics India’s commitment to corporate social responsibility, fostering a brighter and more educated future for the country.

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Frequently Asked Questions (FAQs)

1. Who can apply for the scholarship?

Students enrolled in undergraduate or postgraduate programs at recognized institutions with at least 60% marks in their last academic year can apply. Annual family income must be under ₹8,00,000.

2. What is the maximum financial aid offered?

Undergraduate students can receive up to ₹1,00,000, while postgraduate students can receive up to ₹2,00,000 for tuition or related expenses.

3. How can I track my application status?

Applicants can log in to their accounts on the Buddy4Study portal to check the status of their application.

4. Is this scholarship renewable?

The scholarship is provided for one academic year only. However, students may need to reapply in subsequent years if eligible.

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Take the First Step Towards a Brighter Future

The Life Good Scholarship Yojana is a golden opportunity for students to achieve their dreams and excel academically without worrying about financial constraints. Ensure you meet the eligibility criteria and submit your application before the deadline.

Apply Now and make your educational aspirations a reality.