A Total of 100 Million Won in Scholarships Awarded to 5 New Students

186 UNIST Students Received Scholarships Over 16 Years

The Gyeongdong Scholarship Foundation has been steadily supporting the cultivation of UNIST talents who will lead future industries for 16 years.


It awards scholarships to students overcoming financial difficulties and focusing on their studies, and is also preparing to sponsor a festival for nurturing creative talents.


On the 2nd, the foundation held the ‘2024 Scholarship Certificate Award Ceremony’ at the main conference room of UNIST (President Park Jong-rae). Five selected freshmen each received a scholarship of 20 million KRW, totaling 100 million KRW.


Established in 2007, the Gyeongdong Scholarship Foundation has provided scholarships and overseas training support funds totaling approximately 1.871 billion KRW to 186 UNIST students. It strives to nurture talents with global leadership and contributes to regional community development.


Scholarship student Baek Joo-hyun (freshman) said, “Last month, I had a meaningful experience visiting the Gyeongdong City Gas Yangsan branch,” and added, “Through interactions with fellow scholarship students, I felt a sense of belonging as a Gyeongdong scholar. Thanks to the scholarship, I was able to focus on my studies and research without worries as a freshman. With gratitude, I will work hard for the remaining three years without forgetting that I am a Gyeongdong scholar.”


At the award ceremony, plans for the scholarship project tentatively named ‘U-Pioneers Creative Design Festival,’ to be introduced in 2025, were also discussed. This festival, co-hosted by UNIST and the Gyeongdong Scholarship Foundation, is a venue where students carry out science and technology projects and share their results. Participants can develop creative problem-solving skills and gain experience applying learned knowledge in practice.


In particular, middle and high school students from the Ulsan area will also be invited to the festival. It is expected to serve as an opportunity for young local talents to take an interest in future science and technology and cultivate creative thinking. Six teams selected as outstanding will receive scholarships and research support funds.



President Park Jong-rae (Chairman of the Foundation) said, “I sincerely thank the Gyeongdong Scholarship Foundation, which has contributed to enhancing UNIST students’ academic achievements and fostering global leadership,” and added, “The Creative Design Festival, newly introduced in 2025, will be an excellent opportunity for students to cultivate creative problem-solving skills. We will also provide a platform for local students to challenge world-class science and technology innovation.”


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

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