Seoul Scholarship Foundation-KT&G Scholarship Foundation, Business Agreement to Support Children of Small Business Owners

KT&G Scholarship Foundation Donates 200 Million KRW to Support Children of Small Business Owners Affected by COVID-19

Song Yeon-sook, Secretary General of the Seoul Scholarship Foundation (right), and Ahn Hong-pil, Secretary General of the KT&G Scholarship Foundation (left), are posing for a commemorative photo after signing the "KT&G Small Business Owner Didimdol Scholarship Agreement" on the 13th.

[Asia Economy Reporter Lim Cheol-young] The Seoul Scholarship Foundation and the KT&G Scholarship Foundation have joined forces to reduce the financial burden of tuition for children from small business owner families and to support career development.

According to Seoul City on the 14th, the two organizations signed the "KT&G Small Business Owner Stepping Stone Scholarship Agreement" on the 13th at the Seoul Scholarship Foundation conference room to assist small business owner families economically affected by the prolonged COVID-19 pandemic. The agreement ceremony was held with the attendance of Song Yeon-sook, Secretary General of the Seoul Scholarship Foundation, Ahn Hong-pil, Secretary General of the KT&G Scholarship Foundation, and officials from both organizations.

Through this agreement, the two organizations plan to jointly promote scholarship support so that university students from small business owner families facing difficulties due to COVID-19 can continue their studies stably.

The KT&G Scholarship Foundation will donate 200 million KRW to the Seoul Scholarship Foundation to help maintain the studies of university students from small business owner families. The Seoul Scholarship Foundation plans to provide academic encouragement scholarships to 200 students who are either undergraduate students at universities located in Seoul or Seoul citizens attending undergraduate programs at universities outside Seoul.

Song Yeon-sook, Secretary General of the Seoul Scholarship Foundation, said, "Thanks to this valuable donation, we are able to promote scholarship programs for children of small business owners who have suffered significant sales losses. We will do our best to support students so they can focus on their studies without worrying about tuition." Ahn Hong-pil, Secretary General of the KT&G Scholarship Foundation, said, "We are honored to support children of small business owners going through difficult times. We hope the supported students overcome the current crisis and freely pursue their dreams."

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