After researching dozens of veterans organizations, Samsung Group, a worldwide leader in electronics, chose The American Legion in 1995 to administer an endowed scholarship fund of $5 million. The endowment was established to show appreciation to U.S. veterans who came to the aid of South Korea during its struggle against Communist forces in the Korean War. The scholarship is for undergraduate study only and may be used for tuition, books, fees, and room and board.
Seven to 10 students are chosen each year for the $20,000 scholarships, which are awarded to direct descendants of U.S. wartime veterans.