Scholarships Raised from 100 Won a Day… 100 Won Association Awards 5.5 Million Won to 22 Students

27th Scholarship Awards Since 1999
Total of 1,193 Recipients and 206.5 Million Won Granted

The 100 Won Association, a private organization in which members save 100 won each day to help their neighbors, has awarded a total of 5.5 million won in scholarships this year to 22 recipients consisting of middle and high school students as well as university students.

On September 13 at 11 a.m., the 100 Won Association held its inaugural anniversary and scholarship award ceremony in the auditorium of the Usan-dong Administrative Welfare Center in Gwangsan District. This marks the 27th year the organization has distributed scholarships.

On the 13th at 11 a.m., the 100Won Association held a founding anniversary ceremony combined with a scholarship award ceremony in the auditorium of the Usan-dong Administrative Welfare Center in Gwangsan District. Provided by the 100Won Association

The recipients included 11 university students and 11 middle and high school students recommended by the five district offices of Gwangju. Each university student received 300,000 won, while each middle or high school student received 200,000 won. As of this year, a total of 1,193 students have received scholarships—288 university students and 905 middle and high school students—with the cumulative amount granted reaching 206.5 million won.

Founded in April 1999, the 100 Won Association has continued its scholarship and neighborly assistance programs using money saved daily by its members. The organization currently has about 760 members nationwide.

Chairman Kim Heeman expressed gratitude to the members for contributing to the scholarship fund, stating, "Although the value of 100 won may be small, it has brought hope to many neighbors and young people over the years." He encouraged the student recipients to continue their studies despite challenging circumstances and to grow into individuals who help others in the future.

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