ABOUT THE SCHOLARSHIP PROGRAM
KICB established the Kwang Young Choi Scholarship on August 19, 2024, in honor of the outstanding banker and first leader-founder of CJSC “Kyrgyz Investment and Credit Bank.”
The scholarship is aimed at supporting talented young people with disabilities, those left without parental care, the socially vulnerable, and those in need of financial support, from single-parent and large families, providing them with the opportunity to obtain higher or secondary vocational education. KICB is confident that this initiative will help young people striving for development but facing difficulties in accessing educational resources.
The Kwang Young Choi Scholarship is a small part of KICB’s commitment to the goals of sustainable development and ESG (Environmental, Social, and Corporate Governance policies).
The scholarship is provided to Kyrgyz students to cover the cost of one academic year of tuition in educational institutions of the Kyrgyz Republic in an amount up to $1,000 (One thousand) USD or its equivalent in KGS. The scholarship may be extended for subsequent years of study, provided that the recipient maintains a high level of academic performance.
MAIN REQUIREMENTS FOR SCHOLARSHIP ELIGIBILITY:
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Citizenship: The scholarship is awarded exclusively to students who are citizens of the Kyrgyz Republic, studying in educational institutions within the Kyrgyz Republic.
- Academic Performance: Applicants with national testing results exceeding 150 points; students in their 1st to 4th years with high academic performance. Master’s degree students are not eligible for the competition.
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Social Status: Young people aged 16 to 24 with disabilities, those left without parental care, the socially vulnerable, those in need of financial assistance, or from single-parent and large families.