Taekwang Group Ilju Academic and Cultural Foundation Selects 56 Scholarship Students

450 Billion KRW Support Including Domestic and International Master's and Doctoral Degrees Over 32 Years

Taekwang Group Iljoo Academic and Cultural Foundation (hereinafter ‘Iljoo Foundation’) announced on the 24th that it awarded scholarship certificates to 56 students selected as the 31st domestic undergraduate scholarship recipients for the 2023 academic year at the Heungkuk Life Insurance Building in Jongno-gu, Seoul. Nine outstanding mentors who diligently carried out group home growth mentoring volunteer activities were also commended.

The 56 new scholarship recipients (23 from humanities and social sciences, 21 from natural sciences and engineering, and 12 from arts and physical education) will receive full tuition fees for up to five semesters.

Visually impaired pianist student Yoo Yae-eun (piano major at Hansei University) was also selected as a scholarship recipient. Yoo Yae-eun has been called the ‘Little Mozart’ for her special talent of being able to play a piece immediately after hearing it once since she was young.

As part of their talent donation, the scholarship students conduct mentoring activities for elementary, middle, and high school students living in ‘Child and Youth Shared Living Homes’ (group homes) for two hours once a week. Group homes are child protection facilities that provide small-scale protective care services so that children and youth in need of protection can live in a residential environment similar to a general family. The group home mentoring project is a social contribution activity where scholarship students provide academic guidance to group home children who cannot afford private education due to their family circumstances.

Taekwang Group Ilju Academic and Cultural Foundation awarded scholarship certificates to 56 students selected as the 31st domestic scholarship recipients for 2023 on the 20th at the Heungkuk Life Insurance Building in Jongno-gu, Seoul. Lee Woo-jin, Chairman of the Ilju Academic and Cultural Foundation (center), is taking a commemorative photo with the scholarship students.
[Photo by Taekwang Group]

The Iljoo Foundation’s scholarship program began in 1991, continuing the philosophy of the foundation’s late founder Chairman Lee Im-yong, who believed that ‘countries with fewer resources must nurture talented individuals.’ It has been selecting scholarship recipients for 32 years. To date, it has supported approximately 45 billion KRW to a total of 1,536 recipients, including domestic undergraduates and domestic and international master’s and doctoral students.

Meanwhile, after the award ceremony, the scholarship students went on a 2-day, 1-night summer camp to the Heungkuk Life Insurance Yongin Training Center, a financial affiliate of Taekwang Group. They received basic education from the Taekwang Group Iljoo Foundation for scholarship students, met senior scholarship recipients for networking, and also met players from the Heungkuk Life Pink Spiders women’s volleyball team training at the Yongin Training Center.

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