MBK Scholarship Foundation, Selection of the 17th Term Scholars

Full Coverage of Admission and Tuition Fees
for This Year's Prospective University Entrants

MBK Scholarship Foundation announced on the 2nd that it is recruiting the 17th batch of scholarship students for prospective university entrants by the 11th of this month.

The MBK Scholarship Foundation was established in 2007 by Kim Byung-joo, Chairman of MBK Partners, to provide financial support to outstanding students who find it difficult to continue their studies due to economic reasons.

There is no separate selection process. Applicants' gender, region of origin, intended university, and major field of study do not matter. Anyone who faces financial difficulties in their living and academic environment but possesses excellent abilities and potential as a future leader can apply. After open recruitment and application submission, scholarship students are selected through document screening and interviews. Both early and regular admission applicants are eligible to apply.

The scholarship benefits are diverse. The foundation covers the full admission fee, and if the student maintains a GPA of 3.0 or higher per semester, full tuition is supported until the completion of their studies. Additionally, a textbook allowance of 200,000 KRW per semester is provided, and for eligible students, an 'academic encouragement allowance' is also given each semester.

In return, scholarship students must respect and adhere to the MBK Scholarship Foundation’s value of 'Pay it forward'?giving back to others as much as they have received help. Over the past 17 years, the MBK Scholarship Foundation has supported a total of 185 students. These scholars have grown into the next generation of leaders in South Korea across a wide range of fields including finance and accounting, healthcare, law, education, diplomacy, engineering, music, fine arts, performing arts, and film.

Kim Byung-joo, Chairman of the MBK Scholarship Foundation, stated, "The driving force that can change the world lies in education. We aim to support our students so that they can fully complete their studies and grow into key contributors to society’s development."

Applicants should refer to the application guidelines and announcements on the MBK Scholarship Foundation website to prepare the required documents. Applications must be sent by registered mail. The recruitment period is from today until the 11th. Those who pass the document screening will be individually notified for interviews on the 19th.

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