Booyoung Woojeong Education Foundation Provides 380 Million KRW in Scholarships to International Students

[Asia Economy Reporter Chunhee Lee] Booyoung Group's Woojeong Education and Culture Foundation is providing scholarships to international students. The support amount is approximately 380 million KRW.

Woojeong Education and Culture Foundation, established by Booyoung Group, announced on the 3rd that it held a board meeting on the 26th of last month and resolved to provide scholarships for the second semester of 2020.

Accordingly, the foundation will provide scholarships to a total of 96 international students from 38 countries studying at universities in Korea, coming from Asia, Africa, and Latin America, including Vietnam, Bangladesh, and Uzbekistan. Approximately 380 million KRW will be supported. However, this year, no separate scholarship award ceremony will be held due to the spread of the novel coronavirus infection (COVID-19).

A representative of Woojeong Education and Culture Foundation said, "We hope that international students studying in unfamiliar environments will pursue their studies with dreams and hopes and grow into global leaders who connect their home countries and Korea in the future."

Woojeong Education and Culture Foundation is a public interest foundation established in 2008 by Lee Joong-geun, chairman of Booyoung Group. Since 2010, it has been providing scholarships twice a year to foreign students studying in Korea. Since 2013, the number of target countries and beneficiary students has been significantly increased. The scholarship amount was also increased to 8 million KRW per person annually. To date, scholarships totaling approximately 7.2 billion KRW have been awarded to 1,838 international students.

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