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LIFES GOOD Scholarship 2024 for UG and PG Students | Last Date | Benefits

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LIFES GOOD Scholarship 2024 for UG and PG Students, In an era where financial constraints often pose a significant hurdle to academic aspirations, scholarships like the LIFE’S GOOD Scholarship Program 2024 emerge as beacons of hope. This incredible initiative by LG Electronics India Private Limited aims to illuminate the educational journeys of meritorious students from underprivileged backgrounds, empowering them to chase their dreams without financial anxieties.

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Eligibility Criteria of LIFES GOOD Scholarship 2024

Meeting the eligibility criteria is the first step towards securing this life-changing scholarship. Here’s a breakdown of the key requirements:

  • Academic Pursuit: Open to students enrolled in undergraduate or postgraduate programs at select institutes across India.
  • Academic Performance: First-year students must have scored a minimum of 60% in their class 12th examinations, while students in subsequent years need a minimum of 60% in their previous academic year.
  • Financial Background: Priority is given to students with an annual family income of not more than INR 8 lakh.
  • Exclusions: Children of employees associated with Buddy4Study and LG Electronics India Private Limited are not eligible.

Benefits of LIFES GOOD Scholarship 2024

  • 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)
  • For meritorious candidates with zero tuition fees and a family income of less than INR 8 lakh:
  • UG students will receive INR 50,000
  • PG students will receive INR 1 lakh

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Required Documentation for LIFES GOOD Scholarship 2024

To ensure a seamless application process, ensure you have the following documents readily available:

  • Class 12 marksheet and previous year/semester marksheets (for students in subsequent years)
  • Government-issued address proof (e.g., Aadhaar card)
  • Proof of family income (ITR statements, salary slips, Form 16, BPL/Ration Card, income certificate signed by authorities, Gram Panchayat letter/certificate)
  • Proof of admission (college/school ID card, academic fees receipt) and fee structure
  • Bonafide certificate from the institute
  • Bank account details of the beneficiary
  • Photograph

How to Apply for LIFES GOOD Scholarship 2024

Applying for the LIFES GOOD Scholarship 2024 is a straightforward process. Follow these steps:

  • Click on the “Click Here To Apply” button provided at the end.
  • Carefully review the scholarship details provided.
  • Complete the application form and ensure all required information is accurately filled out.
  • Attach the necessary documents as specified in the scholarship requirements.
  • Finally, click the “Submit” button to submit your scholarship application.

Last Date to Apply for LIFES GOOD Scholarship 2024

Last Date to Apply for LIFES GOOD Scholarship 2024 is 30 November 2024

Contact Information of LIFES GOOD Scholarship 2024

Should you have any questions, feel free to reach out to the program representatives:

  • Phone: 011-430-92248 (Ext no. 347) (Monday to Friday – 10:00 AM to 06:00 PM IST)
  • Email: lgscholarship@buddy4study.com

Top 5 Common Mistakes to Avoid While Applying for LIFES GOOD Scholarship 2024

  1. Incomplete Applications: Ensure you meticulously fill out every section of the application form and provide all necessary information. Incomplete applications will likely be disqualified.
  2. Missing Documents: Double-check that you have uploaded all the required documents in the specified format. Missing documents can lead to delays or disqualification.
  3. Inaccurate Information: Provide accurate and truthful information throughout the application process. Any discrepancies can jeopardize your chances of selection.
  4. Meeting Deadlines: Adhere to the application deadlines strictly. Late submissions will not be considered.
  5. Not Proofreading: Proofread your application thoroughly before submitting it. Typos and grammatical errors can create a negative impression.

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FAQs for LIFES GOOD Scholarship 2024

Q1: Can students pursuing distance learning programs apply for this scholarship?

A1: No, the LIFES GOOD Scholarship Program 2024 is currently only open to students enrolled in full-time on-campus undergraduate or postgraduate programs at select institutes in India.

Q2: Is there a specific academic field requirement for this scholarship?

A2: No, the scholarship is open to students pursuing studies in any academic field, as long as they meet the eligibility criteria and attend a select institute.

Q3: How are the shortlisted candidates selected for the scholarship?

A3: Applications are evaluated based on a multi-step process that considers academic performance, family income, and other relevant factors as outlined in the program guidelines. Shortlisted candidates may be invited for telephonic interviews to further assess their suitability.

Q4: What happens after the scholarship is awarded?

A4: Selected scholars will undergo a document verification process to confirm their eligibility. Once verified, the scholarship amount will be disbursed to their bank accounts to support their academic expenses.

Q5: Are there any restrictions on how the scholarship funds can be used?

A5: While the scholarship offers flexibility in utilizing the funds for various academic expenses, it’s crucial to adhere to the program’s guidelines and use the funds responsibly for educational purposes.

Overview of LIFES GOOD Scholarship 2024

Scholarship idCPSA24043000541
Scholarship NameLIFES GOOD Scholarship 2024 for UG and PG Students
Scholarship Open forPreference for Girls
Scholarship Offered byLG Electronics India Private Limited
Who can Apply ?Meritorious students from economically weaker backgrounds pursuing UG/PG at select institutes in India. Preference for female students
Scholarship Open forAll Over India
Scholarship AmountUpto Rs.2 Lakhs per year
Last Date to Apply30 November 2024
Application LinkClick Here To Apply