Ponyjeong Foundation Supports Scholarship Program for Youth Preparing for Independence

The Ponyjeong Foundation held the 2nd 'Ponyjeong Baldoeum Scholarship' certificate awarding ceremony on the 26th at Park Hyatt Seoul in Daechi-dong, Gangnam-gu, Seoul.

[Asia Economy Reporter Onyu Lim] The Ponyjeong Foundation announced on the 26th that it awarded scholarship certificates to a total of 22 recipients, including Ponyjeong Baldoeum Scholars, at the Park Hyatt Seoul. The event was held with the attendance of about 30 people, including Ponyjeong Foundation Chairman Monggyu Jung, members of the Ponyjeong Foundation board, officials related to the Ponyjeong Baldoeum Scholarship program, and the scholars.

The Ponyjeong Baldoeum Scholarship is a program newly launched in 2021 by the Ponyjeong Foundation for youth preparing for independence who wish to find employment. This year, the second cohort of scholars was selected. Targeting youth aged 18 to 29 preparing for independence, the program provides up to 12 million KRW for vocational training fees and 7.2 million KRW for living expenses over a maximum of two years, along with various support programs. All selected scholars receive reimbursements for actual expenses, employment congratulatory money, certification achievement allowances, and one laptop each. Additionally, Siwon School, an online foreign language education company, has signed an agreement with the Ponyjeong Foundation to provide all Ponyjeong Baldoeum Scholars with free access to English lectures.

This program is the largest scholarship project per individual targeting youth preparing for independence. Through this program, the Ponyjeong Foundation has expanded the spectrum of its scholarship projects, which had been focused on nurturing talent in the humanities field through programs such as ‘Ponyjeong Academic Support’ and ‘Ponyjeong Overseas Doctoral Scholarship.’

The Ponyjeong Baldoeum Scholarship recruits applicants every September through the Korea Child Welfare Association. Required submission documents include the application form and a certificate of termination (or expected termination) of protection. Detailed information such as recruitment announcements and application documents can be found in the notices section of the Korea Child Welfare Association.

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