Your Complete Guide to Scholarships in South Korea

Thinking about studying in South Korea? It’s an excellent choice, offering world-class education and a vibrant culture. This guide provides the key information you need about the various scholarships available for international students, helping you turn your academic goals into a reality without the financial burden.

Why South Korea is a Top Destination for Students

South Korea has rapidly become a global hub for higher education, technology, and pop culture. Students are drawn to the country for its high-ranking universities, innovative research opportunities, and dynamic lifestyle. Cities like Seoul and Busan offer a unique blend of historical tradition and futuristic modernity.

Beyond the classroom, studying in South Korea provides an immersive cultural experience. From learning the language to exploring ancient palaces and enjoying K-pop, it’s an adventure that enriches you personally and professionally. Many universities offer programs taught entirely in English, making it accessible even if you’re not yet fluent in Korean.

Major Scholarship Programs for International Students

Finding the right financial support is a critical step. Fortunately, South Korea offers numerous scholarships specifically designed to attract and support international talent. These are generally divided into three main categories: government-funded, university-specific, and private foundation scholarships.

1. Government-Funded Scholarships: The Global Korea Scholarship (GKS)

The most prestigious and comprehensive scholarship is the Global Korea Scholarship (GKS), which is funded by the Korean government. Previously known as the Korean Government Scholarship Program (KGSP), its goal is to promote international educational exchange and foster goodwill between Korea and other nations.

The GKS program is highly competitive but incredibly generous. Successful applicants receive extensive benefits that often cover the entire cost of their studies.

What the GKS Typically Covers:

  • Full Tuition Fees: The scholarship covers 100% of your tuition costs.
  • Round-Trip Airfare: An economy class ticket from your home country to Korea and back upon graduation.
  • Settlement Allowance: A one-time payment of 200,000 KRW (approx. $150 USD) to help you settle in upon arrival.
  • Monthly Living Stipend: A generous allowance to cover living expenses. For graduate students, this is typically around 1,000,000 KRW (approx. $750 USD) per month.
  • Medical Insurance: Full coverage for the duration of your stay.
  • Korean Language Training: A mandatory one-year intensive language program is included before you begin your degree. This is a fantastic opportunity to become fluent.
  • Degree Completion Grants: Additional funds are provided for students who demonstrate excellent Korean language proficiency.

How to Apply for GKS: There are two main tracks to apply for the GKS program:

  • Embassy Track: You apply through the Korean Embassy in your home country. This track allows you to choose up to three different universities.
  • University Track: You apply directly to one of the designated Korean universities participating in the GKS program.

Application periods vary, but they are generally from September to October for undergraduate programs and from February to March for graduate programs.

2. University-Specific Scholarships

Nearly every major university in South Korea offers its own scholarships for international students to attract top talent from around the world. These scholarships vary widely in their coverage, from small entrance grants to full tuition waivers.

It’s essential to check the admissions or international student office website of each university you are interested in.

Examples of Leading Universities and Their Scholarships:

  • Seoul National University (SNU): Offers various scholarships, including the “SNU President Fellowship” for Ph.D. students and numerous merit-based awards for both undergraduate and graduate students that can cover tuition and living expenses.
  • Yonsei University: Provides the “Underwood International College” scholarships for its international undergraduate programs, as well as merit-based and need-based scholarships for graduate students.
  • Korea University (KU): Offers a range of entrance scholarships for new international students, which are awarded based on academic merit. These can cover anywhere from 50% to 100% of tuition.
  • KAIST (Korea Advanced Institute of Science and Technology): As a top science and tech university, KAIST offers the “KAIST International Student Scholarship” to nearly all admitted international students, which includes a full tuition waiver and a living stipend.

3. Private and Corporate Foundation Scholarships

Several large Korean corporations and private foundations also fund scholarships for international students, often focusing on specific fields of study or students from particular regions.

  • Samsung Global Hope Scholarship: This program supports students from developing countries who are pursuing degrees in STEM fields at partner universities in Korea.
  • POSCO Asia Fellowship: Offered by the steel company POSCO, this fellowship supports graduate students from Asian countries who are studying at leading Korean universities and research institutions.

General Eligibility and Application Tips

While specific requirements change depending on the scholarship, most programs look for a similar set of qualifications.

Common Eligibility Criteria:

  • Citizenship: You must not be a Korean citizen.
  • Academic Record: A strong academic background is crucial. Most programs require a high GPA, typically above 80% on a 100-point scale.
  • Language Proficiency: For programs taught in English, you’ll need to submit scores from tests like the TOEFL or IELTS. For programs in Korean, a TOPIK (Test of Proficiency in Korean) score is usually required. Many GKS scholars complete their language training in Korea.
  • Letter of Recommendation: Strong letters from professors or employers are very important.
  • Personal Statement and Study Plan: This is your chance to explain your motivations, academic goals, and why you want to study in South Korea.

Tips for a Successful Application:

  1. Start Early: Researching and preparing documents takes time. Begin the process at least 6-12 months before the application deadline.
  2. Tailor Your Application: Customize your personal statement for each scholarship and university.
  3. Check Every Detail: Ensure all your documents are complete, correctly formatted, and submitted before the deadline.

Frequently Asked Questions

Do I need to speak Korean to study in South Korea? Not necessarily. Many top universities offer a wide variety of degree programs taught entirely in English. However, learning some basic Korean will greatly enhance your daily life and cultural experience. The GKS program even includes a full year of language study.

Can I work part-time while on a scholarship? Yes, international students in South Korea are generally allowed to work part-time (up to 20 hours per week) after their first semester. However, you must obtain the proper permission from the immigration office. Some scholarships may have their own rules, so it’s important to check the terms and conditions.

Are scholarships available for both undergraduate and graduate degrees? Absolutely. The Global Korea Scholarship (GKS) has separate programs for both undergraduate and graduate (Master’s and Ph.D.) students. Most universities also offer financial aid at all degree levels.