Ganghwa County to Establish 10 Billion Won in Scholarship Funds by 2024

[Suwon Ilbo=Shin Eun-seop Reporter] Ganghwa County announced on the 30th that it plans to establish 10 billion won in scholarship funds by 2024 for discovering and nurturing outstanding local talent, and will additionally contribute 200 million won annually for scholarship programs until such funds are established to enable scholarship operations.

The county has previously contributed scholarship funds through the Ganghwa County Scholarship Association and provided scholarships from interest income, but operations are currently suspended.

In response, the county established a policy to create scholarship funds and provide scholarships from interest income for the prompt normalization of scholarship programs. On the 28th, it enacted and promulgated the "Ganghwa County Scholarship Fund Installation and Operation Ordinance."

The county also plans to solicit private donations from community-minded residents to participate in scholarship programs. Additionally, it plans to promptly prepare a fund management plan and, through deliberation by the Scholarship Fund Management Committee and approval by the Ganghwa County Assembly, commence providing scholarships from the second half of this year.

Scholarship recipients must be children of residents who have maintained resident registration with the county for at least three years as of the announcement date and are academically outstanding students. Eligible recipients include high school students and university students who have graduated from middle or high schools within the county. Detailed matters regarding selection and provision of scholarships will be determined through a separate selection plan.