The ‘LIFE’S GOOD’ Scholarship Program 2024, 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 article offers detailed information about the ‘LIFE’S GOOD’ Scholarship Program 2024 in terms of its application process, eligibility, documentation, and other needful information. Read further to have a detailed understanding of this scholarship and its application process.
‘LIFE’S GOOD’ Scholarship Program 2024 – An Overview
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.
The table given below consists of the essential details about the scholarship program for quick reference.
Detailed Overview of ‘LIFE’S GOOD’ Scholarship Program 2024
| 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 |
| 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. |
| Award | Scholarship of up to INR 1,00,000 for one year |
| Last Date to Apply* | May 23, 2024 |
| Application Mode | Online through Buddy4Study portal |
| Academic Session | 2024-2025 |
*The application deadline mentioned above is tentative and may change at the discretion of the scholarship provider.
‘LIFE’S GOOD’ Scholarship Program 2024 – Key Dates
Now, with this brief piece of information, it is important to know some other details. But before referring to them, the candidates are necessarily required to keep track of the important dates of application to this scholarship program. The applications for ‘LIFE’S GOOD’ Scholarship Program 2024 are currently open. The last date to submit the application forms is May 23, 2024.
‘LIFE’S GOOD’ Scholarship Program 2024 – 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.
‘LIFE’S GOOD’ Scholarship Program 2024 – Award Details
Scholarship of up to INR 1,00,000 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.
‘LIFE’S GOOD’ Scholarship Program 2024 – Application Process
Eligible candidates can apply for the ‘LIFE’S GOOD’ Scholarship Program 2024 online by following the steps mentioned below –
- Visit the official scholarship page.
- Read all the details carefully and Click on the ‘Apply Now’ button of the respective category of scholarship.
- Login to Buddy4Study with your registered ID and land on the ‘Application Form Page’.
- If not registered – Register at Buddy4Study with your Email/Mobile number/Gmail account.
- 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 on the ‘Submit’ button to complete the application process.
‘LIFE’S GOOD’ Scholarship Program 2024 – Key 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
‘LIFE’S GOOD’ Scholarship Program 2024 – 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.
‘LIFE’S GOOD’ Scholarship Program 2024 – Contact Details
In case one has any queries related to this scholarship program, its eligibility, the application process, award details, or selection process, one is requested to connect through the email ID given below –
Email: lgscholarship@buddy4study.com
Phone: 011-430-92248 (Ext no. 347)