Providing Scholarships... Matching Fund-Type Social Contribution Activities

LG Uplus Hosts 'Dudream U+ Yosultongjang' to Support Youth from Disabled Families View original image

[Asia Economy Reporter Cha Min-young] LG Uplus announced on the 28th that it held the launch ceremony of the ‘Dudream U+ Magic Account,’ a program to help asset formation for adolescents from families with disabilities, in collaboration with the Korea Disabled Rehabilitation Association.


The Dudream U+ Magic Account is a matching fund-type social contribution activity that selects first-year middle school students from families with disabilities each year, accumulates scholarship funds, and provides scholarships that serve as a foundation for college registration and job preparation at the time of graduation five years later.


Youth and LG Uplus employees are paired one-on-one. When the adolescent’s family saves 20,000 KRW monthly in the Dudream U+ Magic Account, LG Uplus employees contribute 20,000 KRW, and LG Uplus adds 60,000 KRW, accumulating a total of 100,000 KRW. Approximately 6 million KRW is collected monthly at 100,000 KRW per month. LG Uplus employees who act as mentors support emotional growth through relationship-building programs such as making DIY kits, leisure experiences, and camps with their mentees.


This year marked the twelfth launch ceremony, attended online by about 100 people including employee mentors and adolescent mentees from families with disabilities. The event, held as a live broadcast from LG Uplus’s cultural space ‘Everyday, A Gap in the Ordinary,’ featured first-year middle school mentees and LG Uplus employee mentors meeting online to read pledges, introduce the program, and solve quizzes together. Following the launch ceremony, a fruit-giving ceremony was held for 30 mentor-mentee pairs who have been together for the past five years.


Park Hyung-il, CRO (Vice President) of LG Uplus, said, “The Dudream U+ Magic Account is a long-term human investment that helps create an environment where individuals can grow and become core talents who will carry the future of the local community and Korea beyond personal development. We hope the Dudream U+ Magic Account scholarship students will wisely overcome COVID-19 and further nurture their dreams.”


Kim In-gyu, President of the Korea Disabled Rehabilitation Association, said, “We thank many people, including LG Uplus employee mentors, who have supported all mentees to maintain a stable pace over the long period of 60 months and reach the finish line. We hope that continuous interest and love will accompany the mentees taking their first steps into society so they can grow even more.”



Meanwhile, since 2010, LG Uplus and the Korea Disabled Rehabilitation Association have selected a total of 428 adolescents from families with disabilities and provided approximately 1.742 billion KRW in scholarships to 278 graduates. About 89% of the graduates succeeded in entering college, and 11% succeeded in employment.


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

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