OK Baejeong Scholarship Foundation, Recruiting 6th Generation Living Scholarship Students

[Asia Economy Reporter Kim Hyo-jin] OK Savings Bank, OK Capital, and other affiliates of OK Financial Group announced on the 26th that the OK Baejeong Scholarship Foundation, funded by these affiliates, is recruiting the 6th class of ‘OK Living Scholarship Students’ until the 28th of next month.

The OK Living Scholarship is a unique scholarship program by the OK Baejeong Scholarship Foundation that provides monthly living expenses instead of academic performance scholarships. It is designed for domestic and international university (graduate) students who have excellent academic records but face financial difficulties.

This recruitment for OK Living Scholarship Students targets university and graduate students who have fully covered their tuition fees through scholarships. The OK Baejeong Scholarship Foundation plans to select the final successful candidates by February next year after conducting aptitude tests and interviews for those who pass the document screening.

Selected scholarship students will receive up to 2 million KRW per month from March until graduation, and they can receive this scholarship concurrently with other scholarships.

For university students, eligibility requires ▲ enrollment in a regular 4-year university domestically or abroad ▲ possession of grades for at least one semester ▲ income bracket of 8 or below ▲ a GPA of 3.7 out of 4.5, among other criteria. Graduate students can apply if they ▲ are enrolled or expected to enroll in a regular 4-year graduate school domestically or abroad ▲ meet a GPA standard of 4.0 out of 4.5, among other criteria. For prospective graduate students, evaluation will be based on their university grades.

In particular, during this selection period, the OK Baejeong Scholarship Foundation will implement measures to protect applicants from the novel coronavirus infection (COVID-19), including ▲ mandatory mask-wearing ▲ temperature checks and provision of hand sanitizers ▲ maintaining distance in waiting areas ▲ frequent disinfection of waiting and interview rooms ▲ installation of droplet barriers inside interview rooms, among other measures.

Chairman Choi Yoon said, “Through the OK Living Scholarship program, which serves as a ‘reliable support’ for scholarship students, we hope they can focus on their studies without worries,” adding, “We expect that the scholarship students, having grown further with the foundation’s support, will create a ‘virtuous cycle of sharing’ by helping those marginalized in society.”

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