SONSIK-KUAAN Sustainable Scholarship Program In Nepal
The Society of Nepalese Students in Korea (SONSIK) and Korean Universities Alumni Association Nepal (KUAAN) have signed a Memorandum of Understanding (MoU) to facilitate and promote both organizations’ objectives mutually. As per the record published in SONSIK Newsletters and Souvenir, SONSIK 10th Executive Committee (EC) had initiated to establish SONSIK Scholarship fund to support needy and meritorious school students’ education in Nepal. SONSIK 11th EC also distributed scholarship in Nepal. On the 13th Annual General Meeting, SONSIK 12th EC had assigned an amount of 1,000,000 KRW to initiate SONSIK Scholarship Program in Nepal. After the fruitful discussion with KUAAN, Seniors/Advisors and members, SONSIK 13th EC finally started SONSIK-KUAAN Sustainable Scholarship (SKSS) Program in cooperation with KUAAN. SKSS is a sustainable program and is administered through Scholarship Endowment/Fixed Deposit Fund (100,000 Korean Won) deposited in KUAAN’s authorized bank account in Nepal jointly established by the effort of SONSIK and KUAAN. As an initial SONSIK-KUAAN Sustainable Scholarship Award, minimum NRs 30,000 (70% by SONSIK 13th EC and 30%by KUAAN) by will be awarded to four needy and meritorious students in Nepal with mutual understanding between SONSIK and KUAAN.
Objective of the Program-The SONSIK-KUAAN Sustainable Scholarship Program is designed:
1) To honor, support and promote education of school students in Nepal, with the aim of extending mutual friendship amongst the SONSIK, KUAAN and participating schools.
2) To provide a philanthropic network for donors who wishes to contribute for school student’s education in Nepal.
Detail available here in the link below: