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The Hyundai Chung Mong-koo Foundation is recruiting ‘social integration’ scholarship students for the ‘Hyundai Chung Mong-koo Scholarship’ by May 18 to support master’s and doctor’s support for North Korean defectors, multicultural families, and young people preparing for self-reliance.
The Hyundai Chung Mong-koo Foundation provides full graduate tuition fees and study support expenses in the form of living expenses so that North Korean defector, multicultural, and self-reliant youth can continue their studies without financial worries.
The foundation planned the ‘social integration’ scholarship program with the will of founder Chung Mong-koo, honorary chairman of Hyundai Motor Group, to support education for the underprivileged and foster intelligent people.
The rate of students from multicultural families going to college is 49.6%, which is lower than the overall student population of 67.6%. In addition, it is known that 70% of young people preparing for self-reliance who have difficulties in living give up their studies in order to maintain their livelihood.
The Hyundai Company Chung Mong-koo Foundation provides not only tuition, but also a growth program to ensure that students from multicultural families are not prevented from growing into future intelligent people due to such a difficult family environment.
The social integration talent scholarship student of the ‘Hyundai Chung Mong-koo Scholarship’ can receive 3.6 million won each semester for the full tuition and living expenses. In addition, additional scholarships are provided to scholarship students who have achieved outstanding achievements on the global stage.
A settlement aid is provided when entering an excellent university (graduate school) within the top 100 overseas, and additional expenses are provided when publishing papers in internationally renowned academic journals and participating in overseas academic conferences.
In addition, the ‘Hyundai Chung Mong-Koo Scholarship’ plans to continue exchanges such as networking among senior and junior scholarship students through fellowship programs such as summer camps for scholarship students, small group activities, and alumni associations.
Applications for this ‘social integration’ scholarship can be applied through the scholarship website by May 18. The final selection will be made in June after going through a selection process including document screening and personality test.
Reporter Hasung Song
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