Asan Social Welfare Foundation Awards 4 Billion KRW in Scholarships to 579 University and Graduate Students

Jung Mong-joon, Chairman of the Asan Social Welfare Foundation, is taking a commemorative photo with two graduate scholarship students in the field of biomedical science.

[Asia Economy Reporter Lee Gwan-ju] The Asan Social Welfare Foundation on the 24th awarded scholarships totaling 4 billion KRW to 579 Asan Scholars in 2022, including 66 graduate students and 513 university students.

Graduate students in the biomedical sciences field include 46 domestic and 17 overseas students, totaling 63, who will receive annual support ranging from 20 million to 40 million KRW until graduation. Three newly established graduate students in the health and medical policy field will receive 10 million KRW annually until graduation.

University students receive full tuition support until graduation. Among them are 63 'Narae Scholars' facing the risk of dropping out due to financial difficulties, 15 'Dasom Scholars' who are persevering in their studies despite physical disabilities, 29 'Talent Sharing Scholars' who share their knowledge and talents with marginalized neighbors, and 41 'Academic Excellence Scholars.' The 78 Narae and Dasom Scholars also receive an additional 2.4 million KRW annually as academic assistance to help them focus on their studies in a more stable environment.

Also included are 230 'MIU (Men In Uniform) Children Scholars' established to encourage and instill pride in personnel serving for national safety such as soldiers, police officers, firefighters, and coast guards, and 100 'Regional Industry-Academia Cooperation Scholars' participating in long-term industrial field training. Thirty-five university students who are North Korean defector youths, a newly established scholarship group this year, receive 6 million KRW annually as academic assistance.

The Asan Foundation has continuously carried out scholarship programs since its establishment in 1977. To date, it has awarded a total of 82.1 billion KRW in scholarships to over 36,000 students. This year, due to COVID-19, the ceremony was scaled down to presenting scholarship certificates to eight representative scholars at the Asan Life Sciences Research Institute of Seoul Asan Medical Center in Songpa-gu, Seoul.

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