Korea Student Aid Foundation to Provide 2 Million Won Scholarships to University Students from Crime Victim Households...Signs MOU with National Association of Crime Victim Support

The Korea Student Aid Foundation (Chairman Bae Byeongil) and the National Association of Crime Victim Support (Chairman Kim Gapsik) signed a memorandum of understanding (MOU) on February 23 in a small conference room at the Supreme Prosecutors' Office to support university students from crime victim households and foster talent.

The Korea Student Aid Foundation is a quasi-governmental institution under the Ministry of Education, established in 2009 to provide professional and comprehensive financial aid for higher education so that anyone can have access to higher education according to their will and ability, regardless of their economic circumstances. Based on an annual budget of more than 11 trillion won, it carries out a wide range of programs to nurture future talent, including national scholarships and student loans, national excellence scholarships, national work-study scholarships, donations, and mentoring.

Bae Byungil (left), chairman of the Korea Student Aid Foundation, is signing a memorandum of understanding with Kim Gapsik, chairman of the National Federation for Crime Victim Support.

Through this memorandum of understanding, the two organizations agreed to work closely together so that university students facing financial difficulties due to crime victimization can focus on their studies and grow into outstanding talents in our society.

This initiative is particularly meaningful in that it will support university students and their families who are struggling due to crime victimization by pooling undesignated donations that are regularly contributed to the Korea Student Aid Foundation.

The scholarship recipients will be selected through a fair screening process from among eligible candidates recommended by 60 Crime Victim Support Centers nationwide, in order to protect the human rights of crime victims, and each student will receive a living-expense scholarship of 2 million won.

Bae Byeongil, Chairman of the Korea Student Aid Foundation, stated, "It is especially meaningful that the National Association of Crime Victim Support, which was established in the wake of the Daegu subway fire disaster in 2003, and the Daegu-based Korea Student Aid Foundation can share the common bond of 'Daegu' and the value of healing its pain. I hope that the donations carefully raised by the Korea Student Aid Foundation will provide practical support to university students who are facing the unforeseen hardship of crime victimization."

Kim Gapsik, Chairman of the National Association of Crime Victim Support, responded, "It is meaningful that we can deliver hope to university students from crime victim households through the valuable donations prepared by the Korea Student Aid Foundation," adding, "We will do our utmost together with the Korea Student Aid Foundation so that victims can pursue their dreams in a stable academic environment."