√Your Guide to South Korea Scholarships

South Korea has quickly transformed from a regional academic center into one of the most sought-after global education destinations. With its world-class universities, cutting-edge technology, and dynamic culture, the country offers an exceptional learning environment for international students.

However, studying abroad can be expensive — and that’s where scholarships come in. South Korea offers a wide range of government-funded, university-based, and private scholarships that make studying here both affordable and achievable.

Whether you’re aiming for a Bachelor’s, Master’s, or PhD, this complete guide will help you navigate the best South Korea scholarships, understand their benefits, eligibility requirements, and how to apply successfully.

Why Choose South Korea for Higher Education?

Before diving into scholarships, let’s understand why South Korea attracts thousands of global students every year:

1. World-Class Universities: Institutions like Seoul National University (SNU), KAIST, Yonsei University, and POSTECH consistently rank among the top universities globally.

2. Affordable Tuition Fees: Compared to the U.S., U.K., or Australia, South Korean universities offer excellent education at lower costs.

3. Strong Research and Innovation: Korea is home to major tech giants like Samsung and LG, fostering strong connections between academia and industry.

4. Global Programs in English: Many universities offer English-taught programs, making it easier for international students to study without language barriers.

5. Rich Culture and Safe Environment: From K-pop and cuisine to ancient temples and scenic landscapes, Korea provides an unforgettable cultural experience.

1. The Global Korea Scholarship (GKS)

The Global Korea Scholarship (GKS) — formerly known as the Korean Government Scholarship Program (KGSP) — is South Korea’s most prestigious scholarship for international students.

Who Can Apply

• Open to students pursuing Bachelor’s, Master’s, and PhD programs.

• Applicants must hold citizenship from countries that maintain diplomatic relations with South Korea.

What It Covers

• 100% of tuition fees

• Round-trip airfare

• Monthly living allowance (₩900,000–₩1,000,000)

• One-year Korean language training

• Medical insurance and settlement allowance

Application Process

• Embassy Track: Apply through your country’s South Korean Embassy.

• University Track: Apply directly to participating universities.

The GKS is highly competitive, but it offers one of the most comprehensive funding packages — perfect for students who want to study in Korea without financial burden.

2. Seoul National University (SNU) Scholarships

As Korea’s top public university, Seoul National University provides multiple funding options for international students.

a. SNU President Fellowship (SPF)

• For exceptional PhD candidates from developing countries.

• Covers full tuition, monthly living allowance, and airfare.

b. Graduate Scholarship for Excellent Foreign Students (GSFS)

• Designed for outstanding Master’s and Doctoral students.

• Covers tuition and provides a stipend.

c. Korean Government GKS-SNU Track

• Students can also apply to SNU under the GKS university track for full funding.

SNU’s scholarships are highly prestigious and often come with research and networking opportunities within Korea’s top industries.

3. KAIST Scholarships

The Korea Advanced Institute of Science and Technology (KAIST) is world-renowned for innovation and technology. It offers full scholarships to attract international talent.

KAIST International Student Scholarship

• Full tuition waiver for Bachelor’s, Master’s, and PhD programs.

• Monthly living allowance and health insurance.

KAIST’s English-taught programs and high research standards make it an ideal choice for students interested in science, technology, and engineering.

4. Yonsei University Scholarships

Yonsei University, one of Korea’s most prestigious private universities, offers both need-based and merit-based scholarships.

a. Underwood International College (UIC) Global Scholarship

• For undergraduate students with outstanding academic achievements.

• Covers partial or full tuition.

b. Yonsei Graduate Research Scholarship

• For Master’s and PhD students engaged in research.

• Provides tuition reduction and living stipends.

Yonsei’s vibrant campus in Seoul offers students the perfect balance between academic excellence and cultural experience.

5. Korea University (KU) Scholarships

Korea University is another top-ranked institution with a strong international community.

KU Global Leader Scholarship

• Available to high-achieving undergraduate students.

• Covers 100% of tuition fees for up to four years.

KU Graduate Scholarships

• Merit-based scholarships for Master’s and Doctoral programs.

• Include partial or full tuition coverage.

KU’s scholarships aim to support students with academic potential and leadership qualities, fostering a new generation of global professionals.

6. POSTECH Scholarships

Pohang University of Science and Technology (POSTECH) is a research-oriented university with world-class facilities and international collaborations.

POSTECH International Scholarship

• Full tuition support and living stipend for both undergraduate and graduate students.

• Research grants for students in science, technology, and engineering fields.

POSTECH offers a small, tight-knit academic environment focused on innovation and scientific discovery.

7. Private and Corporate Scholarships

Beyond universities and the government, many corporate and foundation scholarships are available for international students.

a. POSCO TJ Park Foundation Scholarship

• For students from Asian countries pursuing Master’s or PhD programs.

• Includes tuition, monthly allowance, and settlement support.

b. Samsung Global Hope Scholarship

• For talented students from developing countries.

• Provides full tuition, living expenses, and research funding.

c. Hyundai Motor Chung Mong-Koo Foundation Scholarship

• Supports students in business, environment, or engineering programs.

• Offers a stipend and mentorship opportunities.

d. LG Yonam Foundation Scholarship

• For graduate students in science and technology fields.

• Covers tuition and living expenses.

These scholarships not only offer financial support but also help students connect with top Korean industries.

8. How to Apply for Scholarships in South Korea

Applying for scholarships can feel overwhelming, but with careful preparation, you can maximize your chances.

Step-by-Step Application Guide

1. Research Early: Start exploring scholarship options at least six months before deadlines.

2. Check Eligibility: Review criteria for GPA, nationality, and degree level.

3. Prepare Documents: You’ll typically need academic transcripts, a personal statement, letters of recommendation, and language proficiency scores.

4. Apply Through the Correct Channel: Some scholarships require applications via embassies, while others go through universities.

5. Ace the Interview (if required): Practice explaining your goals, motivations, and how studying in Korea fits into your future plans.

Pro Tip:

Tailor each application to highlight your academic achievements, career goals, and interest in Korean culture or innovation.

9. Eligibility and Language Requirements

Most scholarships have similar basic requirements:

• Strong academic record (usually a GPA above 3.0/4.0)

• Proof of English (TOEFL/IELTS) or Korean proficiency (TOPIK)

• Health certificate

• Valid passport

• Personal statement and recommendation letters

While many Korean universities offer programs in English, learning basic Korean can enhance your daily life and chances of employment after graduation.

10. Life as a Scholarship Student in South Korea

International students in Korea enjoy an incredible mix of academic and cultural experiences.

Most universities have international student offices to assist with accommodation, visa extensions, and part-time job guidance.

You can work up to 20 hours per week during semesters and explore famous landmarks — from Gyeongbokgung Palace to Busan’s beaches — during your free time.

Korean society is safe, vibrant, and welcoming, offering the perfect environment for personal and professional growth.

11. Career Opportunities After Graduation

After completing your studies, you can apply for a D-10 job-seeking visa to find employment in South Korea.

Graduates from top universities often secure positions in major companies or research organizations.

The Korean government also supports international graduates through the Job Matching Program for Foreign Talents, helping them transition into the workforce.

Conclusion

Studying in South Korea is not only a gateway to quality education but also a journey into one of the most dynamic societies in the world. With a wide range of scholarships — from GKS to university and corporate programs — students can pursue their dreams without worrying about financial barriers.

Whether you’re an undergraduate seeking your first international experience or a PhD candidate focused on research, South Korea has something for everyone.

Start your journey today — explore scholarship opportunities, prepare your application, and take the first step toward your global future in South Korea.