Chairman Choi Pyung-gyu, "Expanding Scholarships Amid COVID Crisis"

Endowment Increased from 30 Billion to 57 Billion Won

Choi Pyung-gyu, Chairman of Unhae Scholarship Foundation.

Choi Pyung-gyu, Chairman of Unhae Scholarship Foundation.

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[Asia Economy Yeongnam Reporting Headquarters, Reporter Kim Yong-woo] The Unhae Scholarship Foundation has generously donated 800 million won in scholarships to college students struggling due to COVID-19.


The foundation, chaired by SNT Group Chairman Choi Pyeong-gyu, held a board meeting and announced on the 24th that it selected 100 students for the 9th Unhae Scholarship and awarded each 8 million won in scholarships.


So far, the number of students benefiting from the Unhae Scholarship has increased to 576 over nine years, and the total scholarship support has grown to approximately 4.4 billion won.


Since 2014, the Unhae Scholarship Foundation has annually selected outstanding science and engineering students and provided scholarships each year.


Until 2019, a scholarship certificate awarding ceremony was held every February to celebrate and encourage the selected scholars. However, since 2020, all awarding ceremonies have been canceled as part of COVID-19 prevention measures, and only scholarships have been distributed.


Chairman Choi Pyeong-gyu stated, “As the COVID-19 situation prolongs, educationally disadvantaged groups are facing greater difficulties. Last year, the foundation’s principal assets significantly increased, and we will expand scholarship programs to nurture science and technology talents and support educationally disadvantaged groups.”



The foundation’s principal assets have grown from 30 billion won at its establishment in 2013 to 57 billion won in 2021.


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

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