Samyang Yang Youngsu and Sudang Foundations Provide 1.34 Billion Won in Scholarships to 179 Students

Full Tuition and Living Support for University and High School Students
Accumulated Donations of 27.5 Billion Won

The Yang Youngsu Foundation and the Sudang Foundation, scholarship foundations under Samyang Group, announced that they held the "2026 Scholarship Certificate Award Ceremony" on the 26th at the main auditorium of Samyang Group headquarters in Jongno-gu, Seoul.

At the 2026 Scholarship Certificate Award Ceremony held on the 26th at the main auditorium of Samyang Group headquarters in Jongno-gu, Seoul, Kim Yun, chairman of the Yang Yeongsudang Foundation, and students pose for a commemorative photo. Photo provided by Samyang Group.

This year, the foundations will provide a total of 1.34 billion won in scholarships to 179 students. For 86 domestic university and graduate students and 6 foreign students enrolled in domestic universities, they will cover full tuition for up to three years until graduation and provide a monthly living allowance of 500,000 won. For 70 general high school students, they will provide 1 million won per person annually, and for 17 students attending arts high schools, they will provide up to 3 million won per quarter.

Park Sanghyun, a first-year graduate student in the Department of Mechanical Engineering at Korea University, who was selected as a scholarship recipient this year, said, "I am grateful that I can ease the burden of tuition and living expenses and focus on my studies," adding, "I will grow into a person who can give back the support I received to society."

Chairman Kim Yun said, "I sincerely congratulate all of you who have been selected as scholarship recipients through steady effort and sincerity," and added, "I hope you will continuously develop your individual potential and grow into talents who contribute to a better future for our society and humanity."

The Yang Youngsu Foundation is the first private scholarship foundation in Korea, established in 1939 by the late Chairman Kim Yeonsu, founder of Samyang Group. Later, in 1968, the Sudang Foundation was additionally established to expand scholarship programs. Based on Samyang Group's talent development philosophy of "providing opportunities to realize dreams," the two foundations have continued scholarship and academic support programs. To date, they have provided approximately 27.5 billion won in scholarships to more than 23,000 recipients, and they also operate the annual "Sudang Award," which selects researchers in the fields of basic science, applied science, and humanities and social sciences.

This content was produced with the assistance of AI translation services.