Fully Funded Masters Degree Scholarship

 Imagine you strolling through Seoul’s vibrant streets while K-pop music fills the air alongside the powerful scent of kimchi from street food vendors. When navigating through South Korea’s vibrant city you will notice multiple educational opportunities available to international students. Studying in Korea offers fully funded Master’s degree scholarships for students worldwide because these scholarships include tuition coverage along with living expenses stipends. This article covers the 20 most valuable fully-funded Master’s degree scholarships in Korea while examining their benefits together with eligibility requirements and application steps.

Studying for a Master’s degree in a fully funded masters degree scholarship program at a South Korean university delivers three key benefits including advanced academic training along with research opportunities combined with traditional Korean cultural education. Students face financial strain as a leading concern when pursuing a university education outside their home country. Students can dedicate themselves to study and career advancement thanks to Korea’s fully funded scholarship program which delivers complete financial backing regardless of monetary concerns, this is why we have come up with the most rewarding fully-funded Master’s degree scholarships in Korea that you can apply for.

Before we begin, in our previous article, we discussed How to Setup a Comprehensive Scholarship Calendar 2025  but here in this article, we are focusing more on the benefits, eligibility, application process, and documents required and how to apply for a master’s degree scholarship in Korea.

Internationally South Korea’s education system enjoys an excellent reputation because three major universities – Seoul National University, KAIST, and Yonsei University maintain their positions among global top institutions. Multiple academic master’s degree scholarships are provided by both Korean government authorities and organizations that function to encourage talented international students while building academic diversity. The fully funded masters degree scholarship program offers complete tuition fee coverage together with living expense allowances flight tickets and additional benefits which make them extremely popular with international students and other living allowances.

Types of Masters Degree Scholarships in Korea

Government Scholarships: The Korean government provides competitive scholarships that assist students with many school costs.

University Scholarships: Institutions supply their scholarships that combine tuition cancellation with financial aid payments to students.

Private Scholarships: Each scholarship comes with unique requirements set by private organizations working together with companies to provide funding.

100 top masters degree scholarships

Here are some of the top fully funded master’s degree scholarships available in Korea:

1. Global Korea Scholarship (GKS)

• Award Institution: All South Korean Universities.
• Study Level: Master’s, PhD.
• Benefits: Covers tuition fees, monthly stipends, airfare, and health insurance.
• Application Process: Students should apply either through Embassy Track or through University Track options.

2. KAIST University Scholarship

• Award Institution: KAIST University.
• Study level: Master’s, PhD.
• Benefits: As a GKS recipient, you receive full tuition coverage together with an 800,000 KRW monthly allowance, medical insurance, and flight reimbursement.
• Application Process: The application happens exclusively through the KAIST online portal 

3. Seoul National University Scholarship

• Institution: Seoul National University.
• Level of Study: Master’s, PhD.
• Benefits: Covers up to 100% of tuition fees.
• Application Process: Students must submit their applications through the SNU electronic application portal.

4. Yonsei University Scholarship

• Institution: Yonsei University.
• Level of Study: Master’s, PhD.
• Benefits: The scholarship program delivers teaching/research scholarships alongside merit-based and need-based financial aid.
• Application Process: Students must use Yonsei University’s online application portal.

5. Sookmyung Women’s University Scholarship

• Institution: Sookmyung Women’s University.
• Level of Study: Master’s.
• Benefits: Offers full tuition waivers and stipends.
• Application Process: Students can send their applications through the university website portal.

6 . EWHA Womans University Scholarship

• Institution: EWHA Womans University.
• Level of Study: Master’s.
• Benefits: Offers full tuition waivers and stipends.
• Application Process: Candidates must use EWHA’s online platform to submit their applications.

7. KDI School of Public Policy and Management Scholarship

• Institution: KDI School
• Level of Study: Master’s
• Benefits: Offers full tuition waivers and stipends
• Application Process: Apply directly through KDI’s website

8. UST-University of Science & Technology Scholarship

• Institution: UST.
• Level of Study: Master’s, PhD.
• Benefits: Offers full tuition waivers and stipends.
• Application Process: The online application system maintained by UST serves as the platform for submission.

9. Sejong University Scholarship

• Institution: Sejong University.
• Level of Study: Master’s.
• Benefits: Offers full tuition waivers and stipends.
• Application Process: Apply directly through Sejong’s website.

10. Korea University Scholarship

• Institution: Korea University.
• Level of Study: Master’s, PhD.
• Benefits: Offers full tuition waivers and stipends.
• Application Process: Students need to apply through the online application system maintained by KU.

11. Hanyang University Scholarship

12. Sungkyunkwan University Scholarship

13. Kyung Hee University Scholarship

14. Ajou University Scholarship

15. Chung-Ang University Scholarship

16. Konkuk University Scholarship

17. Chonbuk National University Scholarship

18. National University Scholarship

19. Gyeongsang National University Scholarship

20. Pusan National University Scholarship

Benefits of Masters Degree Scholarship Program in Korea

Financial Support: Master’s degree scholarships include full funding that provides quality tuition alongside living expenses and other essential costs thus students can dedicate their efforts to academics without financial worries.

Cultural Immersion: Studying in Korea grants exceptional access to Korean culture combined with language and lifestyle education opportunities.

Career Opportunities: Graduates from Korean universities enter an extensive selection of both domestic and worldwide employment possibilities after completing their academic education.

Networking: Through international studies, students gain the capability to forge relationships with people from many different cultures worldwide

Eligibility and Requirements for Masters degree scholarship programs in Korea

• Academic Background: A Bachelor’s degree equivalent represents the minimum educational requirement for entry.
• Language Proficiency: Earning admission typically needs English proficiency but selected programs insist on Korean language aptitude.
• Age Limit: To qualify for scholarships the applicant’s age typically needs to fall below a program-specific threshold such as 40 years according to GKS criteria.
• Health Insurance: Health insurance remains mandatory for specific scholarship applicants.

Documents Required

• Transcripts: Official transcripts from previous academic institutions.
• Diploma: Copy of Bachelor’s degree diploma.
• Language Proficiency Test Scores: TOEFL, IELTS, or TOPIK scores.
• Recommendation Letters: Typically two letters from academic or professional referees.
• Personal Statement: The required document states academic goals along with applicants’ reasons for scholarship submission.

Application Process

• Check Eligibility: Make sure you qualify under all scholarship requirements.
• Prepare Documents: Gather all required documents.
• Submit Application: Students must use either the designated portal or track (Embassy Track for GKS) to submit their application.
• Interview: Apart from standard applications, some scholarship awards demand candidates to participate in interviews with evaluation panels.

Platforms to Access Scholarships

• University Websites: Every university publishes its Masters degree scholarship opportunities through its official website.
• Government Websites: Official scholarships funded by the Korean government can be found via their scholarship portal website.
• Scholarship Platforms: Websites like MastersPortal and FindAMasters offer comprehensive lists of scholarships.

Successful Tips

• Early Preparation: Prepare your documents early before the deadline.
• Tailor Applications: Each scholarship requires a personalized version of your statement together with a modified curriculum vitae.
• Follow Instructions: Follow all instructions step by step during your application process.
• Stay Informed: Make it a habit to monitor deadlines together with scholarship requirements.

Closing Date

The specific deadline dates for the Masters degree scholarship programs in Korea differ per scholarship program together with educational institutions. Each scholarship you want requires checking its deadline.

FAQs

Does basic knowledge of the Korean language matter when students apply for scholarships in Korea?

• The study of the Korean language provides definite benefits for program enrollment but is not always necessary for qualification requirements.

Are students permitted to submit concurrent scholarship applications?

• Multiple scholarship applications are possible if you meet all the required conditions.

In Korea, what is the duration of the master’s degree program study? 

• Students need two years of study with additional requirements of one year of Korean language training depending on individual programs.

Do international students from any country have the chance to receive Korean university scholarships?

• International students who live outside of South Korea have access to the greater part of available scholarships.

Recommendations

Albeit, research each scholarship program carefully since students planning to study for their Masters degree scholarship programs in Korea must customize their applications based on their studies. Students who network with present-day students and alumni receive unique perspectives for getting accepted into Korean education as well as living in the country.

Call to Action

Concurrently, parents looking to pursue advanced education in Korea can benefit from studying now because numerous Masters degree scholarship programs provide full funding and no tuition expenses. Your scholarship research should start with preparing the necessary documents followed by timely submission before all application deadlines. For additional details about Korean scholarships and academic opportunities visit the Study in Korea website.

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