The Kronospan Scholarship

2016 / 17 Application Cycle

ABOUT THE KRONOSPAN FOUNDATION

Mission

Our mission is to actively serve the people and

the communities Kronospan operates in by

engaging in projects that promote social,

economic and cultural development.

FocusFocus

The Kronospan Foundation’s activity is focused

on three major areas:

- Environmental protection

- Education

- Community development

OUR VISION

Environment

… a balanced ecosystem that enriches our communities’ quality of life.

We want to meet the needs of the present without compromising the

ability of future generations to meet their own needs.

Education

… the best educational opportunities for our children so they can reach their

full potential.

We want to provide our children access to the best schools and universities We want to provide our children access to the best schools and universities

because we know that educated people are every nation’s most important

asset; they drive economic as well as cultural development.

Community

… stabilized communities with an increased quality of life.

We work hard to ensure the future of our communities through social,

economical and cultural support.

CORE VALUES

Respect

We believe that all people have the inherent

ability to make a change in their lives and in their

communities. Instead of imposing solutions on

individuals, we support communities and people

in the positive ways they want to develop in. We

respect collective interests, strengths and local

cultures at all times.

Excellence

Every day and every step of each project we

strive for excellence in what we do. For us this is

the only way to work, because in the end we

envision results that are sustainable and make an

impact.

Integrity

Integrity is the glue to our mission, our vision and

our values. We value the integrity of all of our

actions and we believe it is essential to our work.

THE KRONOSPAN SCHOLARSHIP

About the Kronospan Scholarship

The Kronospan Scholarship offers one selected student a

year from Central and Eastern Europe the chance to

study and complete a 4 year Bachelor’s Degree in

Business Administration at Babson College, USA

The scholarship covers all costs, including: tuition, room

and board, textbooks, health insurance, transportation and board, textbooks, health insurance, transportation

to and from Babson College and aims to support a bright

and promising student from an economically

disadvantaged family

The Kronospan Foundation has so far invested 1,000,000

USD in this project and will continue to invest another

1,000,000 USD in the following years.

Scholars are offered internships at Kronospan

throughout their time of study, positioning them to take

on a leading position of employment within the

company in future

BABSON COLLEGE

About Babson College

Babson is known to be one of the US Top 20 Business

Programs and has been continuously ranked the #1 school

for entrepreneurship.

Admission to Babson is highly competitive, out of 7,516

applicants only 528 were accepted in 2014/15.

25% of the student population are from an international

background (Non-US citiziens).background (Non-US citiziens).

Babson’s Mission

“To educate entrepreneurial leaders who create great

economic and social value… everywhere”

What we are offering you

The deserving winner of the scholarship will complete a

4-year Bachelor’s Degree (B.Sc) at Babson in the field of

Business Administration - all related costs covered by the

Kronospan Foundation

MEET OUR KRONOSPAN SCHOLARS

Name: Claudia Ogrezeanu

Home Country: Romania

Graduating from Babson in May 2016: BSc in Business

Administration, concentration in Business Analytics and

International Business

Interesting Fact: Claudia is national Romanian chess champion

Claudia on her Babson experience:

“I encourage you to apply for the Kronospan Scholarship because, from my point of

view, my time at Babson has been a life-changing experience that transformed me

for the better and motivated me to never give up from accomplishing my ideals.

Besides having access to a top-notch education, we are part of an international

environment, formed both by other students and professors, which enriches the

educational experience. In addition, the Kronospan internships allowed me to work

and discover the local culture in other countries around Europe.”

MEET OUR KRONOSPAN SCHOLARS

Name: Kamil Altıntaşoğlu

Home Country: Romania

Grade at Babson September 2016: Senior

Areas of Interest: Finance and Sales

Interesting Fact: Kamil speaks Romanian, English, Turkish, Spanish,

French and he has started to study German

Kamil’s message to future Kronospan Scholarship applicants:

“If you are reading this, chances are you have been an overachiever throughout your

school years, always at the top of your class. This has probably been your choice and

there've been many times when your friends were having fun but you decided to do

work instead. Prepare for this to change. If until now hard work and effort set you

apart, at Babson this type of behavior is expected of everybody. The competition

with your classmates, but also the collaboration with them will enable you to grow in

unexpectedly interesting ways.”

MEET OUR KRONOSPAN SCHOLARS

Name: Lizaveta Litvinava (Lisa)

Home Country: Belarus

Grade at Babson September 2016: Junior

Areas of Interest: Business Management

Interesting Fact: Lizaveta has taken part and won a quiz show on

Belarussian national television

Lisa’s message about her Babson experience:

“During my previous semester at Babson, I have discovered many new opportunities

for my future career and personal development. One of the most applealing to me is

Global business Management concentration. I strongly believe that world holds not

on money, but on power of relationship among people. For that reason, in our

modern and diverse world, it is significantly important important to be a culturally

aware and educated business person as well as caring and well-rounded human

being.“

MEET OUR KRONOSPAN SCHOLARS

Name: Hai Péter Pham

Home Country: Hungary

Grade at Babson September 2016: Sophomore

Areas of Interest: Operations and Economics

Interesting Fact: Peter comes from a multi-cultural family, his

father is Vietnamese and his mother is Hungarian

Peter on his first year at Babson:

“My experience at Babson has been a life-changing one. Being in an international

environment, surrounded by ambitious and tremendously talented people, has

opened up my eyes to a completely new world. I have friends from all over the globe

now and all the classes I’m taking are really interesting.“

2016 / 2017 GENERAL REQUIREMENTS

What Babson is expecting from you as an applicant:

From their international students, which make up 23% of the student body, Babson College

expects the following to apply:

- Rank in the Top 5-15% of their high school class

- Earned grades of A-/B+ (or foreign equivalent) in their

coursework

- Enrolled in high school (secondary school) courses at

the Honors/AP/IB (or foreign equivalent) level

- Earned an average of 108 on the TOEFL exam

(Babson’s minimum score is 100)

- Earned SAT scores of 709 (Math), 596 (Critical

Reading), 638 (Writing)

- Were exceptional leaders in and outside of the

classroom

2016 / 17 APPLICATION PROCEDUREStep by Step

Step 1 - until September 12th, 2016

Application to Kronospan Foundation

scholarship.kronospanfoundation.org

Step 2 - September 2016

Selection of finalists for Micro Lab workshop

Step 5 - until February, 2017

International Student Financial

Aid Application

https://student.collegeboard.org/css-

financial-aid-profile

Step 6 - February 2017with Babson’s Dean of Admissions

Step 3 - October - December 2016

TOEFL and SAT preparation and testing

Step 4 - until January 3rd, 2017

Application to Babson College

www.babson-info.org/applynow

Step 6 - February 2017

Final interviews with Kronospan

Foundation and Babson representatives

Step 7 - March 2017

Final selection of the Kronospan Scholar

WHO CAN APPLY & FOCUS COUNTRIES

WHO?

� The application is OPEN for ALL applicants from Central and Eastern Europe (CEE) that will

graduate from highschools (or equivalent) in summer of 2017.

FOCUS COUNTRIES – Russia, Turkey, The Baltic States (Latvia, Lithuania, Estonia)FOCUS COUNTRIES – Russia, Turkey, The Baltic States (Latvia, Lithuania, Estonia)

� Every year the Kronospan Foundation selects different Focus Countries. In these countries the

students get the unique opportunity of attending presentation events where they have the

opportunity to meet and discuss with representatives of the Kronospan Foundation and Babson

College

THIS IS YOUR CHANCE...

… YOU could be the next Kronospan Scholar!

Apply NowApplication deadline

September 12th, 2016

scholarship.kronospanfoundation.org

office@kronospanfoundation.org