Scholarships Awarded to All Applicants for Scholarship Selection... Total of 427.5 Million KRW... Scholarships Supported for 262 Students... Cheering Students' Future Dreams and Hopes... Yudonggyun, Mayor of Mapo-gu, "Though Difficult Times, We Want to Benefit More Students"

At the 2nd board meeting of the Mapo Talent Development Scholarship Foundation held on the 9th, it was decided to expand scholarship support for the first half of the year. (Left: Yoo Dong-gyun, Mayor of Mapo District)

At the 2nd board meeting of the Mapo Talent Development Scholarship Foundation held on the 9th, it was decided to expand scholarship support for the first half of the year. (Left: Yoo Dong-gyun, Mayor of Mapo District)

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[Asia Economy Reporter Park Jong-il] The Mapo Talent Development Scholarship Foundation (Chairman Park Hong-seop) announced that it plans to provide scholarships to all applicants who applied in the first half of this year to overcome the economic crisis caused by the spread of the novel coronavirus infection (COVID-19) and support families in crisis.


As the ongoing spread of COVID-19 has suddenly made economic activities difficult, causing a surge in families in crisis, Mapo District Mayor Yoo Dong-gyun proposed that the Mapo Talent Development Scholarship Foundation provide the maximum possible scholarships to local students struggling due to COVID-19 in relation to the ongoing scholarship selection process.


On the 9th, the board of directors of the Mapo Talent Development Scholarship Foundation fully accepted Mayor Yoo’s proposal and decided to provide scholarships to all applicants except those applying for the Talent Scholarship category.


Accordingly, under the ‘2020 First Half Scholarship Recruitment’ plan to select 141 recipients and provide scholarships, the foundation reviewed disqualifications of students who applied during the five-day period from May 18 to 22, and on June 16, the Scholarship Selection Committee will make the final decision on recipients and provide scholarships. However, applicants in the ‘Talent Scholarship’ category will be selected through the existing Talent Scholarship Selection Committee review process.


As a result, 246 students who applied for scholarships excluding the ‘Talent Scholarship’ category will receive scholarships for each category if they have no disqualifications, with a total of 374.5 million KRW in scholarships provided. Including the Talent Scholarship recipients, a total of 262 students will receive 427.5 million KRW in scholarships in the first half of the year. Including the 200 million KRW planned for the second half, a total of 627.5 million KRW in scholarships will be provided annually to foster talent in Mapo. However, this expanded support for scholarship recipients is a temporary measure in response to the national crisis caused by COVID-19, and the normal selection process will resume for the second half of this year.


Mayor Yoo Dong-gyun of Mapo District has shown a strong commitment to helping local youth so that no student is left behind in education. Since taking office in the 7th local government, he has supported youth growth and their dreams and hopes by donating proceeds from a one-day taxi work and pledging regular donations as his first action.


Mayor Yoo Dong-gyun said, “I proposed expanding the scholarship support to encourage and support the youth who are the hope and future of Mapo. I hope our students, who are going through a difficult adolescence due to various restrictions caused by concerns about COVID-19 infection, will find strength to persevere.”



The district expects that this decision will not only give hope and courage to students who may feel discouraged due to their parents’ job losses caused by COVID-19 but also help stabilize the lives of struggling families and aid economic recovery.


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

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