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

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Pony Chung Foundation discovers rough diamonds and transforms them into the finest gems.

The Foundation has launched the Step Up Scholarship to help young people from all walks of life accomplish economic, social, and willful independence and become proud members of society.
Together with Future for Youth Foundation, Pony Chung Foundation provides a basis of social support for those that will soon age out or have already aged out of the system so that they become independent individuals with initiative and the right values.

Selection Process and Grants

Among those who will soon age out or have aged out of the system (between the ages of 18 and 29) and are looking for a job, twenty applicants with passion and persistence will be selected annually after an application screening and interview process.The selected recipients will be awarded over KRW 20 million and various support programs for two years.

  1. August
    Application Submission
  2. September
    Application Screening
    & Interview
  3. October
    Announcement of
    Final Recipients
  4. December
    Scholarship Certificate
    Ceremony

Annual Scholarship Programs

Growing into proud members of society

We offer various scholarship programs to help those who will age out of the system
achieve social and willful independence.

  • Year-
    round
    Programs
    Psychological and Emotional Support

    Through psychological tests and group counseling, recipients are encouraged to correctly
    examine and understand themselves and others.
    Through emotional exchange with their peer group or those who have already aged out
    of the system, recipients can establish the right values and become individuals with initiative.

  • Year-round Programs
    Support for building competency for independence

    Recipients will train with professionals in advance in areas of economics and legal matters
    they may encounter in everyday life with the aim of acquiring necessary everyday skills,
    learning problem-solving skills, and building independence competency.

  • Year-round Programs
    Support for providing a foundation of social support

    Through group activities, recipients will have emotional interaction with each other and
    improve upon their leadership skills, experience a variety of social relationships through
    networking and regain self-esteem, and grow to become healthy members of society
    that lead harmonious lives.

  • Year-round Programs
    Support for identifying career paths and boosting employment
    competency

    Based on the understanding of themselves, recipients will explore vocations together,
    and gain the ability to design their own life roadmaps and follow through with actions
    through professional coaching.