The Gwangju Bank Scholarship Foundation announced Saturday that it selected 104 high school and university students from Gwangju and South Jeolla Province as scholarship recipients this year, awarding a total of 130 million won ($97,600).
Recipients were chosen based on recommendations from schools and local government bodies, with selection criteria including academic achievement and good conduct.
Founded in 1981 with funding and support from Gwangju Bank, the foundation has maintained its scholarship program for 45 years.
Through this year, the foundation has awarded a cumulative total of 4.16 billion won in scholarships to 4,908 students.
sij@heraldcorp.com
