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LIFE’S GOOD' Scholarship Program 2024 is a CSR initiative by LG Electronics India Private Limited 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 for one year to support their educational journey.
LIFE’S GOOD' Scholarship Program 2024
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.
About LG Electronics India Private Limited
LG Electronics India Pvt. Ltd. (LG Electronics), a wholly owned subsidiary of LG Electronics Inc., South Korea, was established in January 1997 in India. Renowned for its excellence in consumer electronics, including home entertainment, home appliances, HVAC, and IT hardware, LG Electronics is one of the most formidable brands in the industry. In India, it has garnered a premium brand positioning and is widely recognized as a trendsetter.
LG's brand slogan, “LIFE’S GOOD” serves as a testament to the brand's philosophy and commitment to optimism. Through this philosophy, LG Electronics aims to inspire people to approach challenges with a positive outlook. In all its endeavors, including CSR projects, LG Electronics India remains true to this brand philosophy and core value.
Eligibility
Students must be pursuing undergraduate/postgraduate courses (any academic year) from *select colleges/institutes across India.
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.
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:
Students enrolled in select institutes across India will receive scholarships based on the following criteria:
Top prestigious institutes (such as IIT, IIM, NIT, AIIMS, etc.): INR 100,000 for one year
Institutes with a student strength greater than 2,000: INR 50,000 for one year
Institutes with a student strength of less than 1,000: INR 30,000 for one year
Note: The scholarship fund can be used for academic-related expenses, including—but not limited to—exam fees, hostel fees, tuition fees, books, stationery, travel expenses, data plans, laptop/tablet purchases, food and lodging, etc.
Documents
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
How can you apply?
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.
Last Date: 23.05.24
