Booyoung Awards Total 400 Million KRW in Scholarships to International Students

Booyoung Group's Woojung Education and Culture Foundation is providing a total of 402 million KRW in scholarships to 99 international students from 33 countries studying at domestic universities.

On February 26th, the 2024 First Semester Foreign Student Scholarship Award Ceremony by the Woosung Education and Culture Foundation was held at the Seoul Chamber of Commerce and Industry. Photo by Kwon Hyunji

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On the 20th, the Woojung Education and Culture Foundation held the "2024 2nd Semester International Student Scholarship Award Ceremony" at the Korea Chamber of Commerce and Industry in Seoul. Since its establishment in 2008, the foundation has donated a cumulative total of 10 billion KRW to 2,548 students from 43 countries.

Lee Jung-geun, Chairman of the Woojung Education and Culture Foundation, said, "We hope that international students who have to live alone in a foreign country away from their hometowns will be able to ease their financial burdens through scholarships and focus on their studies, eventually serving as a bridge connecting their home countries and Korea."

Sanjiwa Push Pakku Mara from Sri Lanka, selected as a scholarship recipient this year and currently a doctoral student majoring in Film and Video Production at Chung-Ang University, said, "There were many difficult moments due to financial hardships while studying in Korea, but thanks to the strong support from the Woojung Education and Culture Foundation, I was able to concentrate on my studies. In the future, I want to return to my home country and play a role in sharing and promoting the love I received in Korea."

In addition to scholarships for international students, Booyoung Group is actively engaged in educational social contribution activities, such as establishing and donating dormitories named 'Woojung (宇庭) Haksa' after Chairman Lee’s pen name to over 100 elementary, middle, and high schools nationwide. The group also leads ESG (Environmental, Social, and Governance) management by donating 2,000 buses to Cambodia and Laos, supporting military units, improving elderly welfare, and providing rent-free daycare centers, among other philanthropic activities.

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