S&T Scholarship Foundation Awards 400 Million KRW in Scholarships to 50 University Students

[Asia Economy Reporter Yang Nak-gyu] The S&T Scholarship Foundation (Chairman Choi Pyung-kyu, Chairman of S&T Group) announced on the 6th that it selected 50 students for the 7th term of S&T scholarship recipients on the 5th and awarded approximately 400 million KRW in scholarships to 49 students, excluding those enlisted in the military.

The S&T Scholarship Foundation holds an annual scholarship certificate awarding ceremony to congratulate and encourage the scholarship recipients, but this year, due to the spread of the novel coronavirus (COVID-19), only the scholarships were paid first, and the certificate awarding ceremony was postponed until after August.

Since 2014, the S&T Foundation has selected outstanding science and engineering university students from financially disadvantaged families each year and provided scholarships. Over the past seven years, it has awarded a total of 3 billion KRW in scholarships to more than 400 students.

Chairman Choi Pyung-kyu stated, "Although the country is facing a national crisis due to the COVID-19 situation, the belief in discovering and generously supporting outstanding talents who embody S&T's spirit of challenge must continue unchanged. I hope that the scholarship recipients and the youth of the Republic of Korea overcome the current crisis in good health and grow into excellent talents."

Meanwhile, the S&T Scholarship Foundation was established in 2013 with a total investment of 30 billion KRW from Chairman Choi Pyung-kyu of S&T Group and its affiliates, aiming to nurture science and engineering talents and support educationally marginalized groups. Since 2014, it has selected outstanding university students and provided scholarships.

This content was produced with the assistance of AI translation services.