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BuYoung Group awards 400 million won in scholarships to foreign students from 32 countries

From Hankyoreh · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

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  • The BuYoung Group's Woojeong Education and Culture Foundation provided scholarships totaling approximately 400 million won.
  • The scholarships benefited 98 foreign students from 32 countries studying in South Korea.
  • The foundation has supported 2,945 foreign students with over 11.6 billion won since 2010.

The BuYoung Group has provided scholarships worth approximately 400 million won to 98 foreign students from 32 countries currently studying in South Korea. The Woojeong Education and Culture Foundation, established by BuYoung Group Chairman Lee Joong-keun, announced the scholarship awards on August 26.

During the scholarship ceremony held in Seoul, Chairman Lee encouraged the students, stating, "I applaud your passion as you pursue your dreams in an unfamiliar environment, and I hope this scholarship serves as a strong foundation for you." The Woojeong Education and Culture Foundation was founded in 2008 with Lee's personal funds, aiming to support educational initiatives. Since 2010, it has awarded scholarships twice annually to international students enrolled in Korean universities.

To date, the foundation has cumulatively provided 11.6 billion won in scholarships to 2,945 foreign students from 46 countries. This initiative highlights BuYoung Group's commitment to fostering international academic exchange and supporting aspiring students navigating their studies in South Korea.

I applaud your passion as you pursue your dreams in an unfamiliar environment, and I hope this scholarship serves as a strong foundation for you.

โ€” Lee Joong-keunChairman of the Woojeong Education and Culture Foundation and BuYoung Group, encouraging the scholarship recipients.
DistantNews Editorial

Originally published by Hankyoreh in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.