Exchange program with GWUWASHINGTON - George Washington University said Wednesday that it has secured a $1 million donation to launch a student exchange program with Korea.
The donation, made by Simon Lee and Anna Lee, will create an endowment in their name to send science and engineering students to Korea University in Seoul.
GWU will begin recruiting students this fall so the first exchange could take place in January, according to a statement.
“I am deeply grateful to Simon and Anna Lee for this latest act of generosity, building on their previous support of George Washington,” said GWU President Steven Knapp. “Their gift strengthens the university’s long-standing relationship with the Republic of Korea and offers our students what for many will be a life-transforming opportunity.”
Simon Lee, president and chief executive officer of STG Inc., a federal government solutions provider, said he hopes the endowment will help “bring students from two countries and cultures closer together” and “build an educational partnership between the two countries I love.”
Lee immigrated to the U.S. in 1979 from Korea and seven years later established the company, which employs about 1,500 people.