Hanjin Group Chairman Cho Won-tae (second from right) poses for a commemorative photo after signing a Center for Excellence in Education sponsorship at the U.S. Congress on Sept. 4 (local time), with U.S. Senator Todd Young (third from right, honorary member of the CEE board), CEE President Joann DiGennaro (fourth from right) and CEE Board Chairman Mel Chaskin (first from right). Photo courtesy of Korean Air - Seoul Economic Daily Finance News from South KoreaHanjin Group Chairman Cho Won-tae (second from right) poses for a commemorative photo after signing a Center for Excellence in Education sponsorship at the U.S. Congress on Sept. 4 (local time), with U.S. Senator Todd Young (third from right, honorary member of the CEE board), CEE President Joann DiGennaro (fourth from right) and CEE Board Chairman Mel Chaskin (first from right). Photo courtesy of Korean Air

Korean Air (003490.KS) will sponsor the U.S.-based Center for Excellence in Education for four years to help cultivate global talent in science and engineering.

Korean Air said Thursday that Walter Cho, chairman of Hanjin Group, signed the sponsorship agreement at the U.S. Congress on Wednesday, local time, after meeting with key figures including Senator Todd Young, an honorary member of the Center for Excellence in Education’s board, and Joann DiGennaro, president of the center.

The Center for Excellence in Education, a U.S. nonprofit organization, supports education in science, technology, engineering and mathematics (STEM) for high school students who have demonstrated outstanding academic achievement, and provides opportunities to network with leading business figures.

Korean Air will serve as a sponsor of the Center for Excellence in Education for four years starting this June. The company will award scholarships in Korean Air’s name to multinational high school students selected for the center’s Research Science Institute program. It will also deliver lectures on aviation technology and research and development to separately selected high school students at the Massachusetts Institute of Technology (MIT) in Boston.

“As a global network carrier, we will be able to contribute to cultivating talent in science and engineering fields, including aviation,” a Korean Air official said. “We plan to provide outstanding students around the world with opportunities to experience Korean Air and to continuously return corporate profits to society.”