Jinju City Awards First 200 Million KRW Scholarship from Future Generation Happiness Fund

201 Scholarship Recipients Selected for the First Time This Year, First Payment Made This Year

Jinju City Hall Exterior View

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Jinju City, Gyeongnam announced on the 9th that it has paid the first 'Future Generation Happiness Fund' scholarships totaling 190.5 million KRW to 201 recipients.

The Future Generation Happiness Fund scholarships are awarded to students whose parents or the students themselves have resided in the city for more than one year as of the announcement date, and who demonstrate outstanding talent in academic performance or arts and physical education fields, or who are financially disadvantaged.

From 2019 to 2022, the city aims to raise 50 billion KRW through city contributions and private donations, with the current amount raised at 37.2 billion KRW.

The first scholarships were awarded to a total of 201 students: 49 for academic excellence, 29 for welfare, 46 for multiple children families, and 77 for special talents. Scholarship amounts were 500,000 KRW for elementary and middle school students, 1,000,000 KRW for high school students, and 2,000,000 KRW for university students.

Jo Gyu-il, Mayor of Jinju City, said, “I am pleased to provide scholarships to local talents who have excelled in various fields despite the difficult educational environment caused by the novel coronavirus disease (COVID-19). We will continue to actively support more students to realize their dreams and hopes through the Jinju Future Generation Happiness Fund scholarship program, and hope they grow into proud talents of Jinju.”

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