Types of scholarships in South Korea

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Reasons to study in South Korea are numerous as an international student. Not only, the country is financially stable, with a living cost cheaper than in any other first-world nations. And along with an outstanding education quality, South Korea also provides interesting scholarships options, which enable students to study for almost for free in the country.

In this guide, we will highlight the different scholarships international students can apply for to study in Korea. What are their requirements and how students can benefit from them to cover their study and living cost in South Korea.

But before, learn about the tuition fees and living cost in Korea for students.

Table of Contents

First: The Korean Government scholarships

The main purpose of these scholarships is to provide opportunities for students from all over the world to study in South Korea and to strengthen relations between different countries of the world.

Available study programs: Bachelor’s programs (4 academicyears), as well as postgraduate studies programs (Masters and PhD).

Required number: 170 students (for the undergraduate stage) and 700 students for postgraduate studies (Master’s and PhD).

What does the scholarship cover?

Flight tickets.
The cost of accommodation in Korea with the amount of 200.00 Korean won. For this purpose, read this topic “How to get student accommodation in South Korea”.
Living expenses with the amount of 800,000 Korean won for undergraduate students. On the other hand, it’s 900,000 Korean won for postgraduate students.
Health insurance worth 20,000 Korean Won per month.
Language courses with an amount of 800,000 Korean won.
University and tuition costs of no more than 5,000,000 Korean won per semester.
Encouragement bonus when you eligibly pass the Korean language course with an amount of 100,000 Korean won.
Research support with an amount of 210,000-240,000 Korean won.
Thesis printing costs with the amount of 500,000-800,000 Korean won.
An amount of 100,000 Korean won at the end of the scholarship.

The most important qualifications required

The student must not have Korean citizenship.
The student must have mental and physical capability that prepares you to study in a foreign country for a long time.
For undergraduate students, the age must be less than 25 years.
For postgraduate students, the age must be less than 40 years.
The last certificate obtained from an educational institution must have a cumulative grade above 80%.
The scholarship will be submitted through the Korean embassy.

Second: Scholarships from Universities in Korea

The most important qualifications required

Cumulative grade above 80%.

A good research record for postgraduate students.
Some language skills are also required.

Basically, it is divided into two types:

1) Scholarships for private universities located in thecapital, Seoul:

It covers 30% of the study costs (as a minimum) for undergraduate students.
On the other hand, it covers the entirety of study cost for postgraduate students.

2) Scholarships for private universities that are notlocated in the capital, Seoul:

It covers 50% of the study costs for undergraduate students.
On the other hand, it covers the full study cost for postgraduate students.

For more information, visit the relevant university’s website or visit the Korean government’s education website.

Find out here our list of the top 10 universities in Korea with their official websites.

Third: Scholarships from other Korean institutions

There are multiple scholarships you can check out:

1) KDI Management and Public Policy Scholarship:

Basically, the scholarship covers the full costs of the study.
Moreover, it provides a monthly disbursement for the student.
Lastly, it includes airline tickets.

2) The Korean Studies Academy Scholarship:

Basically, the scholarship provides financial support for research with the amount of 900,000 Korean won per month.
Besides, it includes flight tickets.