About the ‘Life’s Good’ Scholarship Program 2024
The ‘Life’s Good’ Scholarship Program 2024 is a CSR initiative by LG Electronics India Private Limited aimed at providing 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. This program is in alignment with Sustainable Development Goals 4 and 5, emphasizing quality education and gender equality. It gives preference to eligible female students, in accordance with Schedule VII of the Companies Act 2013, 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.
‘Life’s Good’ Scholarship Program 2024 (Phase 1)
The deadline for the phase 1 of the ‘Life’s Good’ Scholarship Program 2024 is 23rd May 2024. Eligible 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. 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.
The scholarship offers financial aid of up to INR 1,00,000 for one year, which can be used for academic-related expenses, including exam fees, hostel fees, tuition fees, books, stationery, travel expenses, data plans, laptop/tablet purchases, and food and lodging, among others.
Applicants are required to submit various documents, including class 12 marksheet, previous year/semester marksheet (for 2nd / 3rd / 4th year students), government-issued address proof, proof of family income, proof of admission, fee structure, bonafide certificate from the institute, bank account details of the beneficiaries, and a photograph.
To apply for the scholarship, interested students can click on the ‘Apply Now’ button on the official website. They need to login to Buddy4Study with their registered ID, register if not already, and fill in the required details in the online application form. After uploading the relevant documents and accepting the ‘terms and conditions’, they can submit the application.