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Joo Chul-kyu (Admitted in '97, KUBS),"I'm Going to Give Back to the Juniors the Scholarship that I '

2015.03.12 Views 1316 경영대학

"I'm Going to Give Back to the Juniors the Scholarship that I 'borrowed.'"


Joo Chul-kyu (Admitted in '97, KUBS), came back to school again to pay back his "borrowed" scholarship more than two decades ago. Being in his late 30s, he is a typical man who, like any other father, agonizes over the amount of money he has to pay for his living expenses, but he never hesitated to give scholarships for his juniors. Ten years ago, he started collecting 40,000 Won a month by opening a scholarship account, and this year, when the tuition for one semester was set up, he visited his alma mater to help a scholarship to KUBS.
 

 
Q I wonder if you had a special reason to donate money for a scholarship.
When I was in college, I went to school with a fellowship scholarship for five semesters. I remember when I attended a scholarship ceremony in the second semester of 2002. At that time, at the scholarship ceremony, senior members delivered scholarships to juniors themselves.
I received a scholarship from a senior business executive who was president of a small business. He made a separate scholarship account to give scholarships to juniors at the business school. That was really memorable. It's hard to use the money you earn for your juniors, and I was very impressed with that. And I also promised to return my scholarship to my juniors.
 
Q. I think donating a scholarship was a big decision.
It's not a donation, but rather the idea of returning the scholarship I borrowed back to my alma mater. I couldn't afford to do activities such as student council and club activities because of my economic circumstances while attending school. At that time, the scholarship was a tremendous boost. I remembered then and I promised to donate my scholarship someday. Thankfully, my wife also readily agreed to donate. From interest on the lease to money needed for life, there is money that is needed immediately, so it wouldn't have been possible if she objected. But my wife said that my donation was necessary. I was grateful for her. Thanks to her consent, I could realize my long-cherished dream.
 
Q. How did you arrange the scholarship?
Like the senior who gave me a scholarship, I set up separate bankbooks for scholarships and deposited them regularly. So, I have made a high school scholarship bankbook and university scholarship bankbook and collected 20,000 won and 40,000 won each month.
Ten years later the amount of tuition has gathered, so you can see that monthly deposits as an office worker have not been that big. It's an amount of money that you could save money to hang out with your friends. In fact, I wanted to donate when I raised a larger sum, but I chose to donate quickly. I will continue to make donations by raising money and donating money when the tuition for one semester is collected.
 
Q. Do you have any special memories of your school days?
Actually, when I think about my school days, I remember working part time a lot. At school, I worked as a scholarship student, and after class, I worked part-time jobs from private tutoring to traveling around indoor golf courses and saunas. It's was a great time in my life, and I'm sorry that I have the most memories of working part-time. At that time, I think I mistakingly thought that it was a better experience to make money. I was proud of the idea of raising tuition on my own unlike my peers and helping out at home. But as I grew older, I realized that the memories I had in my school days could not be exchanged for money. I want to tell my juniors that they should gain more experience than just concentrate on making money. And if you need help, don't be shy and tell your school and seniors to ask anytime. If you only get help, it'll end with help, but if you're willing to give it back on your own, it'll be an investment for the future for the person who's helping you.
 
Q. Lastly, if you would like to say something to juniors at KUBS?
As I came out to society, graduating from Korea University Business School gave me a big foundation to do many things in society. If you work hard, you can achieve what you want, and most importantly, reach out to someone who needs help. I hope our juniors will not complain that their situation is a little difficult, but develop the power to think positively and overcome them. And please be a person who helps others and society with that power.
Also, most of my classmates who went to school on scholarship would have been more successful than me. I think there will be fewer juniors who are suffering from tuition fees if they think of the benefits and love they received from KUBS. Then, I think the juniors will focus on studying and become big people, and one day they will repay their alma mater with great love.
 

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