OK Baejeong Scholarship Foundation, Orientation for 5th Term Living Scholarship Students

At the non-face-to-face orientation (OT) for the 5th OK Life Scholarship Students held in the main conference room of OK Financial Group headquarters located on Namdaemun-ro, Choi Yoon, Chairman of OK Financial Group (left), is seen encouraging the scholarship students.

[Asia Economy Reporter Minyoung Kim] OK Financial Group, together with its affiliates, announced on the 14th that the OK Baejeong Scholarship Foundation held an orientation (OT) for the ‘5th OK Living Scholarship Students’ selected in August.

The OK Baejeong Scholarship Foundation conducted a non-face-to-face orientation using video conferencing, considering the safety of scholarship students amid the COVID-19 pandemic. Chairman Choi Yoon of OK Financial Group (Chairman of the OK Baejeong Scholarship Foundation) personally attended the orientation and exchanged welcome greetings and words of encouragement with the scholarship students via video.

The OK Living Scholarship is the largest living expense scholarship program in Korea, providing up to 2 million KRW per month to support living expenses rather than academic performance scholarships. It is designed for university (graduate) students who have excellent academic records but face financial difficulties.

The OK Living Scholarship program was inspired by the hardship of students having to focus on part-time jobs rather than their studies. Accordingly, since 2018, the foundation has been operating the OK Living Scholarship program, which provides monthly living expenses. The selection frequency of this program has since expanded from once a year to twice a year, and to date, approximately 220 OK Living Scholarship students have been selected.

The OK Baejeong Scholarship Foundation selected a total of about 40 5th OK Living Scholarship students last August through screening processes including ▲document review ▲aptitude and personality tests ▲interviews. The 5th OK Living Scholarship students consist of various levels, including 20 undergraduates as well as master’s and doctoral students. Selected scholarship students receive up to 2 million KRW per month until graduation. In particular, beyond simple scholarship payments, the foundation provides programs such as domestic and overseas training and networking activities to support the development of scholarship students as ‘global leaders.’

Chairman Choi said, “I hope the OK Living Scholarship program becomes a reliable supporter that creates an environment where students can focus on their studies without worry,” and added, “I expect that scholarship students who have grown one step further through the foundation’s support will create a ‘virtuous cycle of sharing’ by helping marginalized people in society again.”

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