FORT WORTH, Texas (SWBTS) – For the past seven years, nearly 100 scholarships have been given to Korean and Korean American students at Southwestern Baptist Theological Seminary by the Sam Moon Group, a Korean conglomerate in the U.S. mid-south founded by Dr. David Moon.

With the recent launch of the Sam Moon Scholarship Foundation, $1 million has been set aside and the interest it gains will be used to fund scholarships for students throughout the Dallas/Fort Worth metroplex.

According to the foundation, its purpose is “to support Korean/Korean American students who are enrolled in higher education institutions in the Dallas/Fort Worth area, so that they will become servant leaders for both the mainstream and Korean communities.”

Students are eligible for scholarships based on submission of a resume, autobiography, two recommendations and transcripts. Once approved for a scholarship, students receive $1,000 per semester until graduation as long as they maintain a strong grade point average. Students can even continue their education and get multiple degrees.

For the past 3 years, at least 10 Southwestern students per semester have received Sam Moon Scholarships. Jonathan Kim, associate professor of education and associate dean of the College at Southwestern, has been involved with the Sam Moon Scholarship Committee since 2001 and currently serves as its chairman.

With the creation of the scholarship foundation, Kim says the committee hopes to increase the number of scholarships to about 30. Based on the interest income from the foundation, 50% will be used for Baptist ministerial students.

Dr. David Moon attended Southwestern Seminary from 2001-02 in the Master of Divinity program. As a former student, he has a heart for supporting students in theological training. Outside of the scholarship program, the Sam Moon Group is actively involved in supporting other ministries throughout the Dallas/Fort Worth metroplex.