Cyber Hankuk University President Donates $24 Million for Hope Scholarship in Dongdaemun District

Moon Hwi-chang, President of Cyber Hankuk University of Foreign Studies, has committed 24 million won to establish the 'Moon Hwi-chang Hope Scholarship' for students in Seoul's Dongdaemun District facing socioeconomic challenges. The announcement came during a donation ceremony held at the Dongdaemun District Office on July 9.

The scholarship program is designed to reinforce the university's partnership with Dongdaemun, the district where it is located, and to support local talent. Over President Moon's four-year term, the scholarship funds will be disbursed in two installments annually, totaling eight separate donations. The Dongdaemun District Office will be responsible for selecting six students each semester who are identified as being in vulnerable situations or in educational blind spots. These students will then receive the scholarship under President Moon's name.

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I hope this scholarship serves as a small stepping stone for local talents to realize their dreams.

During a meeting following the ceremony, President Moon expressed his aspirations for Dongdaemun to become a hub for education and internationalization, supported by its strong educational infrastructure. "I hope this scholarship serves as a small stepping stone for local talents to realize their dreams," he stated. In response, Dongdaemun District Mayor Choi Dong-min conveyed his gratitude for the president's commitment to local education and vulnerable populations, pledging continued support from the district to help Dongdaemun advance as a city of education and international cooperation.

This scholarship initiative extends beyond financial aid for students facing academic difficulties due to economic hardship. It embodies a collaborative effort between the university and the local community to nurture future talent and practice educational welfare. Cyber Hankuk University of Foreign Studies plans to continue its commitment to social responsibility and local talent development through ongoing cooperation with the community.

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We will continue to provide unwavering efforts and support at the district level so that Dongdaemun can leap forward as a city of education and internationalization.