The Pony Chung Foundation (Chairman Chul-su Kim) held a ceremony to present certificates of academic scholarship and support for 2018 to 32 domestic and international students in Pony Chung Hall at IPARK Tower in Samseong-dong on December 20th. The ceremony had an attendance of 100 people, including Chul-su Kim, Chairman of The Pony Chung Foundation, Mong Gyu Chung, Chairman of HDC, officials with the foundation, Pony Chung Scholarship students and their families and relatives.
Since 2006, The Pony Chung Foundation has selected and supported scholarship students every year. This year, 30 domestic students, including Yong Shin of Hanyang University, were appointed as the 12th group of scholarship holders to be presented with Pony Chung Scholarship Certificates. These scholarship holders are given various educational opportunities, such as the chance to participate in a field survey, workshops and overseas academic field trips, in addition to a one-year tuition grant.
The Pony Chung Foundation, actively pushing ahead with scholarships in South Korea as well as in Vietnam, presented an invited scholarship student and an exchange scholarship student from Vietnam with certificates of recognition. The scholarship program for invited students involves the selection of students with excellent academic records among Vietnamese scholarship holders in order to provide them with support for two years of educational expenses for graduate programs in South Korea; the scholarship supports round-trip airfare, living expenses, tuition, printing expenses for a dissertation, and so on. In addition, the foundation recently launched a new program to offer Vietnamese undergraduate students who majored in Korean Language and Culture a chance to study at Korea University in South Korea for one year. Furthermore, the foundation held a ceremony celebrating the 10th anniversary of scholarship support for Vietnam National University in November and selected 60 students from Vietnam National University and the National University of Ho Chi Minh City as 2017-2018 Pony Chung Vietnamese Scholarship Students to be presented with certificates.
Chul-su Kim, the chairman of the foundation, stated, “I believe that the scholarship holders will take a leading role in the future of Korea, and the Pony Chung Foundation will guide these talented individuals towards their dreams.”
In 2005, The Pony Chung Foundation was established to preserve a focus on talent and the spirit of challenge, following the philosophy of Se Yung Chung, the late honorary chairman. The Pony Chung Foundation has been supporting the fundamental discipline of humanities since 2007, in keeping with the wishes of Se Young Chung, to provide a solid foundation for competitiveness. The academic scholarship program provides funding in the form of 40 million KRW to scholars who attain a doctoral degree within five years as a one-year research fund, as well as 10 million KRW in support for publication of research results.
The foundation also presents Pony Innovation Awards to individuals or organizations that contribute to making positive changes in Korean society through innovative ideas. Professor Guk Jong Lee, Director of the Gyeonggi Nambu Trauma Center of The Ajou University Hospital, was chosen as the 11th recipient of the Pony Chung Innovation Award in September.
This year, The Pony Chung Foundation expanded its assets to 50 billion KRW, allowing for the smooth operation of its scholarship programs, and is planning to push ahead with various projects for talented individuals who will contribute to developing society and the nation through ambition and innovation.