Kyobo Life Insurance Delivers Hope Dasom Scholarships to Underprivileged University Students

[Asia Economy Reporter Changhwan Lee] Kyobo Life Insurance announced on the 4th that it has awarded the ‘Kyobo Life Insurance Hope Dasom Scholarship’ to over 80 university students, including 22 freshmen from orphanages and low-income families.

Together with the Kyobo Education Foundation, Kyobo Life Insurance has been running the Hope Dasom Scholarship program since 2003 to help underprivileged youth realize their educational aspirations and to create a meaningful family-like support system for them.

Every year, about 20 new university freshmen are selected nationwide and receive 2 million KRW per semester for four years, totaling 16 million KRW in tuition support until graduation. Students with excellent academic performance are also awarded a separate merit scholarship.

In 2022, 324 applicants applied for the 20th Hope Dasom Scholarship. After document and interview evaluations, a total of 22 new scholarship recipients were selected.

Due to the prolonged COVID-19 pandemic, the online scholarship certificate awarding ceremony was held on the 28th of last month, and the scholarship certificates and funds were delivered individually to the students.

So far, a total of 420 students have been supported through the Hope Dasom Scholarship program, with about 250 having graduated and grown into respectable members of society. Kyobo Life Insurance has provided over 5 billion KRW in support to date.

Seonjonghak, Chairman of the Kyobo Education Foundation, stated, “The Hope Dasom Scholarship is a project that embodies the social value of promoting national education, which is Kyobo Life Insurance’s founding philosophy,” and added, “The Kyobo Education Foundation will continue to strive to nurture genuine individuals through the Hope Dasom Scholarship program.”

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