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A young man (in bowtie) receives a scholarship at a ceremony. A scholarship is a form of financial aid awarded to students for further education.Generally, scholarships are awarded based on a set of criteria such as academic merit, diversity and inclusion, athletic skill, and financial need, research experience or specific professional experience.
The Korean Government Scholarship Program, or KGSP, is an academic scholarship funded and managed by the National Institute for International Education [] (NIIED), a branch of the Ministry of Education in South Korea. [1]