POSCO Cheongam Foundation Supports 'With POSCO Emergency Living Scholarship' to Overcome COVID-19

[Asia Economy Reporter Hwang Yoon-joo] The POSCO Chungam Foundation is providing the 'With POSCO Emergency Living Scholarship' to support the studies of university students from families in the Pohang and Gwangyang areas who are experiencing economic difficulties due to the prolonged spread of the novel coronavirus (COVID-19).

This 'With POSCO Emergency Living Scholarship' is an urgently established program by the POSCO Chungam Foundation to participate in overcoming the unprecedented national disaster of COVID-19. It is a living scholarship that can be received concurrently with the national scholarship from the Korea Student Aid Foundation, and it is expected to provide practical help to many local university students.

The scholarship recipients are university students from families in the Pohang and Gwangyang areas with a median income of 60% or less as of this year, whose parents have lost their jobs or closed their businesses due to the COVID-19 crisis, causing rapid financial difficulties, or students who have lost part-time jobs and are struggling to make a living. The number of recipients is about 200, and the selected students will receive 1 million KRW per person as tuition assistance in August.

The POSCO Chungam Foundation will start the selection announcement on July 15 and review applications received over two weeks until July 30, with the final selected candidates to be announced on the foundation’s website in August.

Applications can be downloaded from the POSCO Chungam Foundation website and sent via email to the foundation’s contact person along with the required documents specified in the selection announcement.

The POSCO Chungam Foundation, based on POSCO Group’s corporate philosophy of ‘Corporate Citizenship for Mutual Growth,’ is implementing various scholarship programs for local students in difficult circumstances to contribute to resolving one of society’s biggest issues, polarization.

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