Seoul Scholarship Foundation, Additional Recruitment for 2nd Semester 'Seoul Hope University Scholarship' ... Up to 1.5 Million KRW per Person
Selection of Approximately 955 New Scholarship Students
[Asia Economy Reporter Lim Cheol-young] The Seoul Scholarship Foundation announced on the 18th that it will additionally recruit recipients for the second semester 'Seoul Hope University Scholarship' to alleviate the tuition burden of low-income university students.
The additional recruitment for the second semester Seoul Hope University Scholarship utilizes funds such as returned scholarships from the first semester to select and support additional scholarship recipients, aiming to select approximately 955 students. Each selected student will receive a scholarship of up to 1.5 million KRW within the tuition fee range.
Applicants must be enrolled in a university located in Seoul, or if attending a university outside Seoul, must be a Seoul citizen or a family member of a Seoul citizen. Additionally, income criteria require applicants to be recipients of basic livelihood security benefits or legally designated low-income groups, or fall within the 4th income bracket or below for the Korea Student Aid Foundation's financial aid in the first or second semester of 2022. Applicants must have paid at least 500,000 KRW in actual tuition fees for the second semester of 2022.
Selected scholarship recipients can receive a fixed scholarship amount of 500,000 KRW, 1 million KRW, or 1.5 million KRW per semester, depending on the actual tuition paid within the tuition fee range. However, since tuition support scholarships cannot exceed the tuition fee range when combined with both internal and external scholarships, applicants should be cautious when applying.
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Lee Seok-jun, Chairman of the Seoul Scholarship Foundation, said, “We have prepared additional scholarships to help students continue their studies during these difficult times of rising interest rates.” He added, “The foundation will continue to promote various scholarship programs to reduce students' academic burdens.”
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