South Korea separated from North Korea in 1948 and since then the country has been an individual governed nation. Known as the international powerhouse, the country has advanced immensely in fields like science, technology, education, and tourism. This “Asian Tiger” has become popular for its educational institutions and flocks of students from all over the world come here to study every year. You can say that South Korea has become a prime study abroad destination. Now let’s see how to finance your study in South Korea and different ways to do so.
Why Study In South Korea?
The country has been investing massively in education and research and has become the world’s 11th largest economy. Financing and fueling your education here will probably be the best decision you will make.
Apart from the developed education system, the country is also famous for its food, music, culture, and lifestyle in general. You will find many high-end restaurants and vibrant streets. The student life here is affordable where you can meet people from all influences like Japanese culture, Chinese culture, and the American modern culture. In the past decade, the country has become a melting pot for all cultures.
The living cost is cheaper when compared to other developed countries. Modernized Korea has a lot to offer you, a safe and secure environment with a unique living experience.
You may also like: How to travel the world for free
Education System in South Korea
After completing the 12 years of schooling, the country has tertiary education of 6 years where 4 years go in a
bachelor’s degree and 2 years of master’s degree that can be later followed by the doctoral programs. There are also junior colleges and vocational schools with a lower threshold of admission.
Each year in universities has a two-semester that consists of the spring and fall semesters. The spring semester is from March to June and the Fall semester is from September-December. Each semester is mostly 15 weeks long.
Contact us by clicking on the banner & we will help you with your student loans!
Know More About Studying Abroad in Australia
How To Apply?
Most universities in South Korea accept applications 4 months in advance to the starting of the semester. The language-specific courses have an easier application process and even start quarterly or frequently with more flexibility. With the changing times, some universities have started accepting applications online nowadays. Allowing the process to be much more efficient for the international students. On the contrary other schools wish for it to be more primitive paper applications.
An Example Of The Admission Document:
- Application form
- Passport size copy of your profile photo
- Diploma/degree copy of the highest educational qualification
- Bank statement – USD 10,000 or more
- A personal statement
- Application Fee
- Proof of foreign student insurance
Recommended Read: Common scholarship application mistakes and how to avoid them?
How To Finance Your Study In South Korea
To study in South Korea, you can fund your education by securing a scholarship. This will either fund you entirely or immensely lower the cost of your degree program.
Scholarships From Korean Government
The Korean government has several scholarship plans for national and international students. For example, the Global Korea Scholarship (GKS) is a primitive scholarship offered by the Ministry of education. Other foundations are public entities for providing scholarships to specific courses and students of particular countries. To name a few, Scholarship programs from the Ministry of Foreign Affairs, Scholarship programs from the Ministry of Culture, and more.
Visit the UniScholarz website to check out your dream scholarship in your desired University
Scholarships In Universities
It is a little difficult to attain scholarships for language-specific courses in South Korea but a lot of universities still offer some kind of scholarship opportunity for foreign students admitted to their degree programmes. These are usually merit-based scholarships and depend on how well you do in your academics. Academically exceptional students have an easy way in such scholarships. For example, Konkuk University offers scholarships depending on how well you scored in TOPIK. Your results decide the first semester of your degree programme.
Recommended Read: Which are the study abroad scholarships in South Korea?
Apart from this, it is mandatory that you have student insurance when you choose to study in South Korea. Show the proof of insurance to your desired school before applying for a student visa.
Student Housing In South Korea
You have to finance your housing in South Korea. The in-campus dorms can cost you anything around 2,600,00 won (2100 USD) for a semester. It is a reasonable price and even the food is quite cheap in cafeterias. A meal costs around 3,500 won which is 2.9 USD in campus cafeterias. You can choose to stay off-campus where you don’t face any kind of restrictions but that can have different costs including the commute costs. You can check out student accommodation options near your desired university.
Recommended Schools In South Korea
- Seoul National University
- Korea University
- Yonsei University
- Hanyang University
- Sungkyunkwan University (SKKU)
If you found this blog on “How To Finance Your Study In South Korea” informative then make sure you check out our other related blogs linked below!
1 thought on “Top PGDM Courses In Canada: Universities, Specialisations & Eligibility”
I have done Bachelor’s in Culinary Arts from India and completed my graduation in the year 2022 .I am 22 years old. After graduation, I have done 1 year paid internship from USA .Now, I would like to take occupational experience and learn culinary skills and also do masters in Culinary arts.How can I find the college n best course / country where I can persue studying further