Navy savings co-op distributes 552,500 baht in scholarships

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Sattahip Naval Base’s Savings and Credit Cooperative donated more than a half-million baht in scholarships to members’ children.

Base commander Vice Adm. Chainarong Charoenrak presided over the Aug. 29 event with representatives from Union Life Insurance and Krungthai Bank presenting the scholarships.

Capt. Surasak Prathanwornpunya, secretary for the Savings and Credit Cooperative, said profits of the cooperative have been allocated as educational scholarships for 220 members’ children.

Vice Adm. Chainarong Charoenrak hands out one of the 220 scholarships to a deserving student.Vice Adm. Chainarong Charoenrak hands out one of the 220 scholarships to a deserving student.

In all, 552,500 baht was handed out, with 50,000 baht coming from a donation by Union Life, 10,000 baht from the Bank for Agriculture and Agricultural Cooperatives, 6,000 baht from Krungthai Bank, and 3,000 baht donated by the Government Savings Bank.

Twelve 5,000-baht “Outstanding Student” scholarships for 12 higher-education students were awarded. Three scholarships worth 3,000 baht were given to vocational-school students, while 16 Mattayom students received 3,000 baht each.

“Educational Promotion” scholarships were handed out to 16 higher-education students, who each received 3,000 baht. Ten vocational-school students received 2,500 baht each while 67 Mattayom pupils were given 2,500 baht. At the Prathom level, 66 kids got 2,000 baht each while 27 kindergartener also received 2,000 baht.