OK Baejeong Scholarship Foundation "Up to 2 Million KRW Monthly Until Graduation"... Recruiting 'Living Scholarship Students'

Poster of the recruitment guidelines for the 7th OK Life Scholarship Students announced by OK Baejeong Scholarship Foundation. Photo by OK Savings Bank

[Asia Economy Reporter Song Seung-seop] The OK Allocation Scholarship Foundation announced on the 28th that it will recruit the '7th OK Living Scholarship Students' until the 17th of next month.

The foundation was established by contributions from OK Financial Group affiliates such as OK Savings Bank and OK Capital. Since 2018, it has selected living scholarship students and provided monthly living expenses to university (graduate) students who have excellent academic performance but face financial difficulties. To date, the total number of scholarship recipients is about 250.

The target applicants are those who have covered their tuition fees with full scholarships. After document screening and interviews, the final successful candidates will be selected by mid-July. Selected students will receive a scholarship of up to 2 million KRW per month from September until graduation. It is also possible to receive this scholarship concurrently with other scholarships.

Undergraduate students must meet the following conditions: ▲ enrolled in a domestic or overseas accredited 4-year university ▲ have grades for at least one semester ▲ be within the 8th income quintile or below ▲ have a GPA of 4.0 or higher (on a 4.5 scale). Graduate students must meet the following: ▲ enrolled in a domestic or overseas accredited 4-year graduate school ▲ have completed grades for at least one semester ▲ have a GPA of 4.0 or higher (on a 4.5 scale).

Chairman Choi Yoon said, “I hope that through the OK Living Scholarship program, scholarship students can focus on their studies without worries,” and emphasized, “I hope that the scholarship students who have grown with the foundation’s support will create a ‘virtuous cycle of sharing’ by helping those in need again.”

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