Operation of Employee Scholarship Association with accumulation of each 1% of salaries … Donation of KRW 830 million of scholarship until now

Selection of scholarship students since 2009 and transfer of KRW 550 million of scholarship

Selection of about 10 scholarship students every year and transfer of KRW 1 million evert semester

[May 03, 2023]

Employees of YU (President CHOI Oe-chool) donated KRW 100 million as student scholarship. The employees gathered each 1% of their salaries every month.

YU staff has been operating Employee Scholarship Association with accumulation of each 1% of salaries since 2008.Until now, they donated KRW 830 million as scholarship fund since 2008 and, in the amount, about KRW 550 million was transferred to students as scholarship.

At 3:00 on the 3rd, Chairman KWON Ki-yeong of YU Employee Scholarship Association met President CHOI Oe-chool and delivered scholarship fund.

Chairman KWON Ki-yeong of YU Employee Scholarship Association said, “Employees have been gathering certain amount from monthly salaries every month in order to help students to study as the university members.YU Employee Scholarship Association is meaningful because employees have been voluntarily participating for 15 years. We will do the best to gather the wills of employees, to make a developed scholarship association, and to give practical help to students.”

President CHOI Oe-chool of YU said, “I always thank the employees for their silent contributions and endeavors for the development of the university and students at their respective positions.Especially, I thank them for their excellent capability in the process to implement large national projects recently.It is never a easy job to gather the wills of them and to operate the scholarship association.I’d like express encouragement and respect in the aspect that the employees have been operating the scholarship operation with one mind for 15 years. I will do my best so that students may study in a better environment to meet the valuable will of the employees.”

Meanwhile, YU Employee Scholarship Association selected 14 scholarship students and transferred KRW 1 million to each of them in 2009 as the start and has been selecting about 10 scholarship students and has been transferring scholarship. Until now, 98 scholarship students were selected until now and, in May this year, scholarship students will be selected and, in June, scholarship will be delivered.Especially, KRW 200 million of special scholarship was given to whole students who were suffered from KOVID-19 in 2020.