What attracts students to South Korea is its friendly norms, healthy student environment and inexpensive cost of studying. Those who still find it difficult to shell out the required amount can apply for various scholarships that are available for international students. South Korea offers various scholarships and financial aid options for international students. The Korean Government Scholarship Program (KGSP) is one of the most well-known scholarships available. Additionally, individual universities and private organizations in Korea also offer scholarships specifically for international students. It’s advisable to check the scholarship opportunities offered by the university or consult the Korean embassy or consulate in your country for information on available South Korean Scholarships for Indian Students 2023. This article throws light on South Korea as a study destination and the kind of scholarships that are available for interested Indian students to pursue their higher studies there.
Gyan Sadhana Scholarship Scheme 2023
South Korean Scholarships for Indian Students
The South Korean government and universities offer various scholarships and funding options for international students. These scholarships can significantly reduce the financial burden of studying abroad and provide opportunities for academic and research excellence. South Korea boasts a strong economy and is home to several multinational companies, including Samsung, LG, Hyundai, and more. The country’s global connectivity and strategic location also make it an attractive destination for international students. South Korea has a strong job market with opportunities for international graduates. Many Korean companies value international experience and the diverse perspectives that international students bring. Studying in Korea can provide networking opportunities and connections that may be beneficial for future career prospects. South Koreans are known for their hospitality and friendliness towards foreigners. International students often find themselves welcomed and supported by the local community, creating a supportive and inclusive study environment.
Benefits of South Korean Scholarships for Indian Students
While the primary objective of the Korean government scholarship is to attract talented international students, it also ensures that Indian students receive beneficial scholarship awards. Eligible students who want to avail themselves of the chance to study in any Korean university through a government scholarship can get the below-mentioned scholarship awards. The scholarships cover:
- Tuition fees
- Cost of flight tickets
- Monthly allowance
- Language training cost
- Medical insurance
- Resettlement allowance
- An award for showing proficiency in the Korean language
- A grant for printing thesis or dissertation
- A grant for supporting research work
Types of Fully Funded Scholarships for Indian Students
- Global Korea Scholarship Program
- Korean Government Support Program for Foreign Exchange Students
- Seoul National University Scholarship 2023
- KAIST Scholarship
- KGSP Scholarship 2023
Global Korea Scholarship Program:
This scholarship is offered to international students who want to pursue higher studies in undergraduate and graduate programme at the institutions of the Republic of Korea. Eligible candidates can apply for a bachelor’s degree, master’s degree and doctoral degree programme under this program.
Eligibility:
- The applicants must not hold Korean citizenship.
- The candidates must be below 25 years at the date of joining (undergraduate).
- The applicants must have secured 80% or more marks in the last attended educational institution [CGPA: 2.64/4.0 or 2.80/4.3 or 2.91/4.5, or 3.23/5.0].
- The candidates must be in good physical and mental health.
- The students must have a minimum of 16 and 18 years of formal education to apply for PG and PhD courses.
Benefits:
The selected candidates will receive the following benefits under this program:
- Fully-funded scholarship
- Resettlement Allowance of KRW* 200,000
- Living Allowance of 900,000 KRW to 1,000,000 KRW
- Language Courses costing KRW 800,000 per quarter
- Medical Insurance of KRW 20,000 per month
Eligibility as per Program:
For Master’s Program:
- The applicants must be less than 45 years of age.
- The students must be bachelor’s or equivalent degree holders.
For Doctoral Program (Ph.D.):
- The applicants must be less than 40 years of age.
- The students must hold master’s or equivalent degree.
For Research Program:
- The applicants must be less than 45 years of age
- The students must hold an invitation from one of the National Institute of International Education (NIIED) designated Korean University
For Post-Doctoral Research Program:
- The applicants must hold a doctoral degree or equivalent education
For Professor Exchange Program:
- The applicants must hold a master’s degree or equivalent education
For Program for Education, Science, Culture(International Professionals):
- The applicants must hold a master’s degree or equivalent education
Scholarship Duration:
Associate Degree:
- 3 to 4 years including 1 year of Korean language programme
Bachelor’s Degree:
- 5 to 7 years including 1 year of Korean language programme
Documents Required of South Korean Scholarships for Indian Students 2023
- The applicants are required to submit/upload the following documents while apply for the program:
- Class 10 and 12 Marksheets and certificates
- Transcripts of applicants (higher qualifications)
- Bachelors/Masters/Doctoral degree or equivalent
Korean Government Support Program for Foreign Exchange Students:
This scheme is offered to international exchange students where nearly 200 foreign students can avail of the scholarship. Only hardworking, talented and deserving students from the selected country/countries will be awarded financial aid. National Institute for International Education (NIIED) is the institute offering this scholarship programme to both undergraduate and postgraduate students.
Eligibility:
- The applicants must not hold Korean citizenship.
- The students must have excellent academic and school record.
- The applicants must have secured 80% or more marks in the last attended educational institution.
- The candidates must have completed at least two semesters.
- The candidates must be in good physical and mental health.
Benefits:
- The selected candidates will receive the following benefits:
- Fully-funded scholarship
- Resettlement Allowance of up to KRW 200,000
- Medical Insurance of KRW 20,000 per month
- Reimbursement amount within the set amount
Scholarship Duration:
- For 1 term: 4 months
- For 2 terms: 10 months
Seoul National University Scholarship 2023:
Seoul National University (SNU) Scholarship 2023 is a fully-funded scholarship that is offered to international students (including Indians) to pursue a Master’s, M.Phil, PhD and MS leading to PhD degree for Spring session 2023.
Eligibility:
- The applicants should not hold Korean citizenship.
- The candidates must have excellent academic and school record.
- The applicants must have secured 80% or more marks (out of 100%) in the last attended educational institution.
- The students must be in good physical and mental health.
- The applicants must hold a master’s degree or higher (for Doctorate).
- The candidates must hold a bachelor’s degree or higher (for Master’s/Combined Master’s & Doctoral).
Benefits:
- The selected candidates will receive the following benefits:
- Fully-funded scholarship (tuition fee exempted for a maximum of 8 semesters)
- Resettlement Allowance
- Stipend for 2 years
- Medical Insurance
- Reimbursement amount within the set amount
Scholarship Duration:
- Bachelor’s Degree: 4 Years including 1 year of Korean language programme
- Graduate Degree: 5 Years including 1 year of Korean language programme
KAIST Scholarship:
Korean Advanced Institute of Science and Technology (KAIST) Scholarship is an amazing opportunity for Indian undergraduate, master’s and doctoral students who want to avail advanced education in Science and Technology and make progress in entrepreneurship, research and globalization.
Eligibility:
- The applicants should not hold Korean citizenship.
- The candidates must have excellent academic and school record.
- The students must have a high school diploma or degree from their home country’s institutes.
- The students must be in good physical and mental health.
Benefits:
The selected candidates will receive the following benefits:
- Fully-funded scholarship (tuition fee exempted for a maximum of 8 semesters for PhD and 4 semesters for Masters)
- Resettlement Allowance
- Monthly living allowances of KRW 350,000
- Medical Insurance (free National Health Insurance)
- Reimbursement amount within the set amount
Scholarship Duration:
- Bachelor’s Degree: 4 Years including 1 year of Korean language programme
- Master’s Degree: 3 Years including 1 year of Korean language programme
- Doctoral Degree: 4 Years including 1 year of Korean language programme
KGSP Scholarship 2023:
The Korean Government Scholarship Program (KGSP) is an initiative that is jointly designed by the Korean Government and the Government of India. This scholarship program offers fully-funded scholarships to Indian students. Under this scholarship, students pursuing graduation, postgraduate and doctorate-level courses can avail of financial aid to pursue advanced education.
Eligibility:
- The applicants should not hold Korean citizenship.
- The candidates must have excellent academic and school record.
- The candidates must be below 25 years of age (for UG degree)
- The candidates must be below 40 years of age (for graduate degree)
- The applicants must have secured 80% or more marks in CGPA.
- The students must be in good physical and mental health.
Benefits:
The selected candidates will receive the following benefits:
- Fully-funded scholarship (up to KRW 5,000,000 per semester)
- Airfare expenses of grantees
- Resettlement Allowance of up to KRW 200,000
- Monthly living allowance of KRW 350,000
- Medical Insurance (free National Health Insurance)
- KRW 100,000 award to be given to students after degree completion
Scholarship Duration:
- Bachelor’s Degree: 4 Years including 1 year of Korean language programme
- Master’s Degree: 2 Years including 1 year of Korean language programme
- Doctoral Degree: 3 Years including 1 year of Korean language programme
South Korean Scholarships Documents Required
Given below is the list of key documents that a candidate must keep handy while applying for Korean Scholarship 2023:
- Letter of Intent
- Personal Statement and Study Plan
- Two Letters of Recommendation from two different referee
- Signed scholarship agreement
- Official Bachelor’s Certificate of Graduation and Transcript
- Official Master’s Certificate of Graduation and Transcript (Applicable for applicants of doctoral degree)
- A copy of the Applicant’s Passport
- Other Official Document indicating the Applicant’s Nationality
- Copies of Both Parents’ Passport
- Other Official Document indicating Both Parents’ Nationality.
- Other Official Document indicating Parent-child Relationship between the Applicant and his/her Parents
Application Process South Korean Scholarships for Indian Students 2023
- Visit the Official Website
- On homepage click on Apply Now button
- Application form will open on your screen
- Fill the application form
- Attach all supporting documents
- Submit the online application
- After successful submission of the online application, download the application prescribed by the Korean government from its official website.
- Fill in all necessary details and attach the supporting documents.
- Send the completed application form to:
- The Under Secretary (Scholarship), Ministry of Human Resource Development, Department of Higher Education, West Block — 1, 2nd Floor, Wing — 6, R.K. Puram, New Delhi — 110066