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The lovely IU has stepped up to aid Korea's youth with her very own 'IU Scholarship'!

A netizen who recently graduated from IU's alma mater, Dong Duk Women's High School, recently uploaded photos of the singer in the high school newspaper for her generosity!

The 'IU Scholarship' will be an annual scholarship funded by the singer each year beginning in 2016, and will consist of 5,000,000 KR₩ (approximately $4300) awarded to 4 students from underprivileged families. In addition to the newly established 'IU Scholarship', the singer also donated an amount of 10,000,000 KR₩ (approximately $8600) to go toward school improvement funds.

What an incredibly kind deed!

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Earlier today, we reported that IU covered the Wonder Girls' "I Feel You", she also performed several other songs including a fabulous cover of Big Bang's "If You".

On Saturday, IU took the stage at the '2015 Melody Forest Camp' where in addition to singing several of her own songs, she performed an impressive "If You" cover.

As we all know, IU is a Big Bang fan, in particular Taeyang so it should come as no surprise that she would cover something from their recent catalog of hits.

Big Bang song's are notoriously difficult to cover, however IU successfully pulls off the song with her trademark husky vocals and sweet charm. Watch IU's cover above.

You can watch her performances of "Letter" and "Your Meaning" as well below.

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Watch IU's cover above.

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