One of the world’s international bank has announced that it will provide scholarships to dedicated Cambodian students with financial struggles for their education at a leading university in Cambodia.

In a joint statement released Today by Shinhan Bank and American University of Phnom Penh (AUPP), Shinhan Bank will provided $20,000 for ten Cambodian students who earned Grade A or B on the National School Leaver Examination in August 2015. The scholarships will be awarded to students who are in financial need and wish to study at AUPP.

The announcement of the contribution from the Shinhan Bank is a commitment to help build quality education in Cambodia. AUPP is appealing to companies, institutions, and individuals who can help dedicated Cambodian students who cannot afford to further their education.

This year, as part of helping to promote quality education and human resource development in Cambodia, AUPP has provided 120 scholarships to Cambodian students, 30 of which cover the full cost of tuition ($9000 per year) for the entire course of study at AUPP.

The partial scholarships (90) are divided into three categories, 30 of which cover $6000 per year for the entire course of study, 30 others cover $4000 per year and the remaining 30 places cover $2000 for the entire course of study respectively.

Shinhan Bank is the second largest bank in South Korea. The bank established it’s branch in Cambodia in 2007.

AUPP continues to forge a strong community to support education. AUPP hopes more businesses and individuals will follow our lead in building a stronger foundation for education in Cambodia and in the ASEAN region in order to develop today’s students into tomorrow’s leaders.