Gyeongnam Province Provides Total of 500 Million KRW in Scholarships to 250 University Students

Application at Eupmyeondong Community Center by March 31

The Gyeongsangnam-do Scholarship Foundation is recruiting university entrance scholarship students for 2023.

According to Gyeongnam Province on the 13th, this scholarship fund totals 500 million KRW and will be awarded to 250 students, with 2 million KRW per person.

The funds come from interest income of the scholarship fund donated by BNK Gyeongnam Bank, a 300 million KRW donation from NH Nonghyup Bank, and a 100 million KRW donation from the Gyeongnam Regional Development Council.

The scholarship support is promoted to help university entrants who graduated from high schools in the province maintain a stable life and to nurture local talents who will play a pivotal role in regional community development.

Gyeongnam Provincial Government Office.
Photo by Lee Seryeong

Applicants must have a guardian who has resided in the province for at least one year as of the announcement date to be eligible.

The student's academic performance must meet one of the following: an average grade within level 4 in two of the three subjects (Korean, English, Mathematics) of the 2023 College Scholastic Ability Test (CSAT), or an average grade within level 4 in three subjects (Korean, English, Mathematics, Social Studies/Science Inquiry) from the first semester of the third year in high school.

The income screening criteria require applicants to be from households with recognized income at or below 70% of the median income, who were beneficiaries of the 2022 Gyeongsangnam-do education support project, or belong to legally defined low-income groups such as basic livelihood security recipients, near-poverty class, single-parent families, or those eligible for elementary, middle, and high school tuition support.

Applications for the scholarship can be submitted at the nearest eup/myeon/dong community service center from the 13th to the 31st of this month.

Details about selection and other information can be found in the announcement posted on the provincial and city/county websites.

Choi Man-rim, Vice Governor and Chairman of the Provincial Scholarship Foundation, stated, “We will provide scholarships to students in the province who need support for stable studies so that they can pursue their dreams and hopes.”