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Students Meet with KAIST Development Foundation​
View : 11015 Date : 2007-12-21 Writer : ed_news

A group of department representatives and distinguished school staff gathered on November 21st to discuss the future funding of Korea Advanced Institute of Science and Technology (KAIST). Participants of the meeting included the Vice President, Dean of Academic Affairs, Director of Welfare, the President of Undergraduate Student Association, and many more. The Vice President explained that students and alumnae are the owners of KAIST  and should take pride in the successful development of KAIST. He also added that they should share the same goal of supporting KAIST to become the world"s leading institute of science and technology.

Statistics show a noticeable correlation between a university"s status in world rankings and the percentage of its alumni donation participants. In the case of top U.S. universities, a large number of their alumnae donate astronomical sums of money in hopes to contribute to the school"s development. For example, in 2006, a whopping 61% of the Princeton University alumni participated in school donations, while - in stark contrast - a meager 1.1% of 31,000 KAIST alumnae made monetary contributions. Perhaps this low level of donation participation explains why KAIST is making little progress in its efforts to advance into a globally-recognized university.

"Before we die, many of us look back and regret "I should"ve earned a little more"," said the Vice President. "But what we should really reflect on is how I could"ve given a little more." Throughout the meeting, he reiterated the significance of enrolled students practicing donation, no matter how insignificant the amount, when they are still young.

KAIST is currently receiving support from its alumni, parents, students, corporations, foundations, professors and staff. With a growing demand for increasing the number of professors, research fees and labor budget, however, KAIST requires the full support and dedication of students and alumnae alike if it is to fulfill its vision of becoming the academic leader in science and technology- it is essential for students to get accustomed to the habit of donating to the school. To promote this practice of contributing, the Vice President urged students to look for opportunities to make donations.



By KAIST Herald on December, 2007

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