with accommodation and study grants in association with leading universities nationwide
Whizdom Society by MQDC sets up "Whizdom Scholarship" to support young people · Whizdom Society by MQDC continues to expand its activities. After serving breakfast to all Whizdom residents it is continuing to support young Thais to be a community of smart and good-hearted people by organizing the Whizdom Scholarship project to develop skills and potential for competing on the world stage. Combining support in accommodation with education grants, the initiative will gradually involve higher education throughout the country, starting with 3 of Thailand’s leading universities.
Whizdom Society by MQDC has established Whizdom Scholarship for students of good character who are involved in university and social initiatives but lack resources, especially in accommodation, to support their university studies. The scheme will support education and housing, providing 8 condominium units of Whizdom brand.
(17 June 2019, Bangkok) MQDC – Magnolia Quality Development Corporation Limited, a leading Thailand-based international property developer with a commitment ‘for all well-being’ and developments including Whizdom projects, is working to create a knowledge-sharing society through "Whizdom Scholarship" to provide a positive model for young Thais under a vision of ‘a community of smart and good-hearted young people who care for society at large’.
Mr. Assada Kaeokhiao, President of Whizdom at MQDC, said: "The brand's DNA is to serve the new generation, so we create activities to align with young lifestyles. After recently providing breakfast to all Whizdom residents, we have organized the Whizdom Scholarship project to support Thai youths as a community of smart and good-hearted people, helping the new generation develop themselves in all dimensions. With this project we aim to give students the opportunity to fully focus on learning, while Whizdom takes care of their accommodation. With funding support of over THB30 million, we are reaching out to the new generation to help Thai society become a community of smart and good-hearted people. We hope that linking up with educational institutions will help improve quality of life for students and expand housing scholarships as well as support for education."
Mr. Krissayuth Chavavitayatham, Vice President of Whizdom Society, said: "Whizdom Scholarship was established for students who lack opportunities to attend higher education by initially helping provide accommodation for attending university, working hand-in-hand with 3 universities: Chulalongkorn University, King Mongkut's University of Technology Thonburi, and Srinakharinwirot University. Ten students will receive scholarships, with further expansion planned. Recipients must be students who lack financial resources, have good character, and participate in university and social initiatives, without restrictions in their field of study or academic performance. The project will provide housing support throughout their undergraduate degrees. Each university can set criteria it sees as appropriate. Whizdom Society by MQDC provides the grants to universities and students without any requirement on them to use Whizdom projects.
“Whizdom is providing 8 ready-to-move-in units totaling over THB30 million for scholarship recipients in the 2019 academic year: 4 at Whizdom @ Punnawithi Station, 2 at Whizdom Avenue Ratchada-Ladprao, and 2 at Whizdom Station Ratchada-Thapra. Support for living expenses includes:
• Funding for common area management fees during the project of about THB180,000/year,
• Decorating budget at all 8 units at THB120,000/unit,
• Study and program support totaling THB50,000,
• Funding for utilities such as water and electricity of up to THB1,500/month or actual use,
• Support for high-speed internet service at THB799/month.
“We believe that Whizdom Society by MQDC will be a part of providing good activities to create Thai society for smart and good-hearted people. We are providing an opportunity for the new generation to develop their potential and creating educational opportunities with this housing. We are committed to continuing to support Thai society,” said Mr. Chavavitayatham.
Asst. Prof. Dr. Chaiyaporn Puprasert, Vice Chancellor for student development and alumni relations at Chulalongkorn University, said: “I am delighted and honored to receive support from Whizdom to provide full accommodation, taking care of common area management fees, utilities, Internet. I believe this will be a good opportunity for young people. Students of good character pursuing learning but without residential property will find quality of life and good education. I am pleased to receive this scholarship support to inspire a community of smart and good-hearted people in Thailand.”
Ms. Panadda Phoungpee, Acting Head of Financial Aid Group for students of King Mongkut’s University of Technology Thonburi (KMUTT), said: “I thank Whizdom Society by MQDC for organizing initiatives like Whizdom Scholarship to provide housing scholarships to youths of good character without funds for accommodation. Support for self-development will increase opportunities to develop and practice skills for students and learning outside the classroom. Whizdom Scholarship will contribute to Thai society by developing and building both quality of education and quality of life through accommodation for young people.”
Mr. Sompong Jaidechoey, Assistant to Chancellor for student development of Srinakharinwirot University (SWU), said: "On behalf of the university, I am happy and grateful for the students who have support from the private sector through Whizdom Society by MQDC to develop education and quality of life through housing support for students of good behavior but lacking resources. I believe this activity will help support and create a good society for Thai youths as ‘a community of smart and good-hearted young people’. The university considers that MQDC has a policy to support society in line with the vision of the university, which focuses on social contribution. In the future, SWU will be pleased to join other activities of the company that similarly help society."
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