"Support for Low-Income Middle and High School Students Through College" ... 950 Selected for 'Lottery Fund Dream Ladder Scholarship'

Ministry of Education and Scholarship Foundation to Support 50 Emergency Crisis 'SOS Scholarship Students' from August to November

[Asia Economy Reporter Jo In-kyung] The Ministry of Education and the Korea Student Aid Foundation announced on the 30th that they have selected 950 new scholarship recipients for the "Lottery Fund Dream Ladder Scholarship Project" under the Dream and Talent category.

The Lottery Fund Dream Ladder Scholarship Project is a national scholarship program that selects middle and high school students from low-income families, including recipients of the National Basic Livelihood Security, single-parent family support recipients, legally designated lower-income groups (with proof of eligibility), or those facing emergency rescue situations, who possess capability and potential, and supports them continuously until they graduate from university.

This year, a total of 3,011 applications were received, and through a 4 to 5-step screening process including document review, in-depth evaluation, and user-created content (UCC) video assessment, 950 students were selected. In particular, the Ministry of Education explained that they aimed to support talents with dreams and abilities in various fields by selecting 700 Dream Scholars, outstanding students from low-income families recommended by schools, and 250 Talent Scholars from low-income families with specialized talents.

Selected scholars will receive a monthly scholarship of 250,000 to 350,000 KRW, which can be used according to their academic plans, along with one-on-one mentoring and educational programs. Additionally, to ensure the educational programs provide practical help to the scholars, career and major customized mentoring camps will be conducted, and career consulting will be expanded to include first and second-year high school students.

The scholarship certificate awarding ceremony will be held online to prevent the spread of the novel coronavirus disease (COVID-19) and ensure the safety of the scholars. Deputy Prime Minister and Minister of Education Yoo Eun-hye and Korea Student Aid Foundation President Lee Jung-woo will encourage the scholars' new beginnings through video messages.

Meanwhile, the Korea Student Aid Foundation will also select and support 50 "SOS Scholars" in two rounds from next month through November, providing temporary support to students facing urgent crisis situations.

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