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Pony Chung Foundation builds the future by supporting innovation and challenge.

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Pony Chung Foundation roots for the dreams and ambitions of young scholars.

In honor of Honorary Chairman Chung Se-Yung’s challenging spirit in the global arena, Pony Chung Foundation has financially helped young scholars so that they could develop global competencies. The domestic scholarship projects that supported the dreams and hopes of university students from 2006 to 2019 have newly launched as the Pony Chung Overseas Academic Investigators since 2020.

The Pony Chung Overseas Academic Investigators,
which used to be an annual scholarship program,
has expanded since 2020, gaining more participants as well
as a bigger budget to offer scholars in-depth investigation
in their fields and experiences in the wider world.

Full Version
Selection Process and Grants

The scholarship is for college sophomores and juniors (or juniors and seniors in the case of a five-year university) majoring in history, philosophy, civil engineering, architecture, or architectural engineering.
The program will offer financial support for students with excellent grades, enterprising spirit and tenacity, and superior language proficiency.
Based on the readiness and professionalism of the investigation plan, a total of 10 teams will be selected, with each team consisting of two people, after an application screening and interview process.

The selected teams will receive an investigation fee worth KRW 13 million. Winners will be selected based on their investigation results, with one best team receiving KRW 1 million as prize money and two follow-up teams receiving KRW 500,000. In addition, the winning teams will have the opportunity to participate in yearly programs, such as the Hyundai Development Company (HDC) Group mentorship program, winter internship, and visits to HDC project sites.

  1. November Application
    Submission
  2. December Application
    Screening & Interview
  3. February
    Announcement
    of Final Recipients &
    Kick-off Ceremony and Scholar Workshop

Yearly Programs for Domestic Scholarship Recipients

New Experience, Outstanding Vision

For Domestic Scholarship recipients, Pony Chung Foundation offers various opportunities such as Mentorship Program and Overseas Academic Investigation Program to provide new experience and share exceptional visions.

  • Year-Round
    Mentorship Program

    Students are paired with Mentors who work at Hyundai Development Company
    and receive study and career advice.

  • February
    Winter Workshop

    For 2 days, students get to know each other through dynamic team building activities
    and lectures.

  • October
    Award Investigator Performance

    In July and August, the investigators will share the results of their 6-week
    Overseas Academic Investigators activities, and the winner will be awarded a prize.
    Sending investigators does not conclude this project.
    The Pony Chung Overseas Academic Investigators will convene to reflect on the significance
    of their investigations and share lessons learned, helping each other grow.

  • January-February
    Internship

    Hyundai Development Company provides students with an internship opportunity
    during winter vacation to help them explore career aptitude. Two to three interns
    will be selected for a two-month work experience in the team relevant to their desired jobs.