Fourth Annual ETS Scholarship Program Recognizes Korean Students — TOEFL® and TOEIC® Scholarships Valued at US$144,000 Awarded

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Seoul, Korea (July 18, 2012) —

Yesterday, 48 Korean students were awarded TOEFL® and TOEIC® scholarships at the fourth annual ETS Scholarship Program in Seoul, Korea. Valued at approximately US $144,000, the scholarships recognized the academic excellence of Korean students and will assist them in achieving their educational and career goals in Korea or overseas.

"After four years, we are pleased to continue the ETS Scholarship Program here in Seoul," commented Chuck Melley, ETS's Executive Director of Government & External Relations. "Honoring the academic excellence of Korean students aligns directly with ETS's nonprofit mission to advance the quality of education worldwide. We wish these exemplary students all the best in their education and future careers."

Of the 24 TOEFL scholarships awarded, 12 scholarships, each valued at US$3,000, were presented to students pursuing a bachelor's degree in Korea. The remaining 12 TOEFL US$3,000 scholarships were awarded to students studying abroad for either undergraduate or graduate school. In addition, 24 US$3,000 TOEIC scholarships recognized students studying in Korea.

Since its inception in 2009, 120 scholarships worth approximately US$432,000 have been awarded through the ETS Scholarship Program.

The TOEFL and TOEIC tests are two of the most widely accepted English-language based assessments worldwide. The TOEFL test is recognized by over 8,500 colleges, universities and agencies in more than 130 countries. To date, more than 27 million students around the world have taken the TOEFL test.

For more than 30 years, the TOEIC test has been the global standard for measuring workplace English-language communication skills. The TOEIC family of tests is used by more than 10,000 businesses, organizations and government agencies in 120 countries.

About ETS

At ETS, we advance quality and equity in education for people worldwide by creating assessments based on rigorous research. ETS serves individuals, educational institutions and government agencies by providing customized solutions for teacher certification, English language learning, and elementary, secondary and post-secondary education, as well as conducting education research, analysis and policy studies. Founded as a nonprofit in 1947, ETS develops, administers and scores more than 50 million tests annually — including the TOEFL® and TOEIC® tests, the GRE® tests and The Praxis Series™ assessments — in more than 180 countries, at over 9,000 locations worldwide. www.ets.org