Hyundai Motor Chung Mongkoo Foundation Selects 39 Global Scholars to Connect Korea and the World

New Undergraduate Scholars Selected for the Global Scholarship Program

Outstanding Students from Indonesia and Vietnam Receive Support

Expanded Scholarship Covers Undergraduate, Graduate, and Korean Language Teacher Programs

The Hyundai Motor Chung Mongkoo Foundation announced on August 26 that it held a scholarship certificate award ceremony for 31 newly selected undergraduate students under the ‘CMK Global Scholarship–Undergraduate Program’. This year’s scholarship recipients are outstanding undergraduate students from Indonesia and Vietnam, who will begin their studies at Korea University, Seoul National University, Yonsei University, and Hanyang University starting September. Earlier, on August 21, the Foundation also held a scholarship award ceremony for the first cohort of 8 students under the newly established ‘CMK Global Scholarship–Korean Language Teacher Program’.

Since 2024, the Foundation has been operating the ‘CMK Global Scholarship–Undergraduate Program’ to offer talented individuals from ASEAN countries an opportunity to study in Korea, while also promoting the internationalization of domestic universities and expanding people-to-people exchanges between Korea and ASEAN. The program initially targeted Indonesian undergraduates, and in 2025, will expand to include students from Vietnam.

Group photo of the 'CMK Global Scholarship Undergraduate Certificate Award Ceremony.' Chung Mong-Koo Foundation

Selected undergraduate scholars receive full tuition coverage, a monthly academic stipend, a settlement scholarship, and more. They are also offered a wide range of fellowship opportunities, including integrated summer camps for Korean and international scholars, small group meetings, and cultural exploration and exchange programs. Outstanding scholars will be eligible for continued support as they advance to graduate studies after completing their undergraduate degree.

The newly launched ‘CMK Global Scholarship–Korean Language Teacher Program’ is a scholarship initiative aimed at foreign instructors and professors who teach Korean overseas. It provides them with the chance to learn systematic Korean language teaching methodologies in Korea and to experience the Korean language and culture firsthand. The Foundation, in cooperation with the Korean Language Institute at Yonsei University, selected its first scholarship recipients this year—eight Korean language teachers from seven countries including Ukraine, Vietnam, Indonesia, Cambodia, Sri Lanka, Uzbekistan, and Iran, each with at least three years of Korean language teaching experience.

These scholarship recipients will participate in the regular Korean language education curriculum at Yonsei University’s Korean Language Institute for six months starting in September, along with a specialized teaching methodology course developed exclusively for this scholarship program. The Foundation covers tuition fees, textbook costs, round-trip airfare, housing and settlement scholarship, and academic stipend. Additionally, the scholars can participate in various CMK fellowship programs such as Korean cultural experiences and networking sessions.

A representative from the Hyundai Motor Chung Mongkoo Foundation stated, “The CMK Global Scholarship is establishing itself as a global talent cultivation initiative by expanding its target audience and scope. Through our scholarship programs, we will continue to broaden the foundation for people-to-people exchanges with various regions and support individuals in developing expertise in their respective fields, enabling them to serve as bridges between Korea and the world.”

The Foundation launched the ‘CMK Global Scholarship’ for foreign students in 2020 and has since selected more than 220 scholars, providing a total of 15 billion won, mainly to ASEAN region graduate students. Starting with Indonesian undergraduates in 2024 and expanding to Vietnamese students in 2025, the Foundation broadened its support, and this year has further extended the program to include overseas Korean language educators, widening the scope of global human resource development.

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