Applications for the KOICA Scholarship program are currently open now for the academic year 2024. International students from developing countries are eligible to apply for the KOICA scholarship. Why is this program called KOICA? Basically, this scholarship is offered by the Korean International Cooperation Agency which is why it is called the KOICA Scholarship.
The program will cover all your expenses such as a Tuition Fee, monthly stipend, settlement allowance, insurance, Airfare, accommodation, extracurricular activities, scholarship completion grant, and much more for the duration of the degree. In 2024, the KOICA is offering 20 Master’s and 5 Doctoral degree programs to international applicants.
As we mentioned in our title, it is a fully funded scholarship program so we encouraged all international students to apply for this. Wanna know more about the scholarship like eligibility criteria, application process, detailed benefits, etc? We have provided all the details below, you can explore it step by step. Also See: Turkey Koc University Scholarship 2024 Fully Funded.
Details of KOICA Scholarship in South Korea 2024
| Study Country | South Korea |
| Degree | Master’s and PhD |
| Eligible For | International Applicants |
Benefits
The Korean International Cooperation Agency (KOICA) Scholarship will cover:
- Full Tuition covered.
- Monthly Allowance KRW 999,000 Per month
- Settlement Allowance of KRW 600,000 for Master’s degree and KRW 1,200,000 for Doctoral degree. (Only For Once)
- National Health Insurance
- Scholarship Completion Grants of KRW 300,000 For Master’s and KRW 600,000 for Doctoral.
- Private Medical Insurance
- Extracurricular Activities
- Study visits, workshops, Korean language classes, etc
- Accommodation, Airfare
Eligibility Criteria
- You must be from an eligible country (the list of eligible countries is on the official website)
- You must hold a bachelor’s degree
- Under the age of 40
- You must be good in the English language
Participating Universities
- Yonsei University,
- Soongsil University (SSU),
- Korean Development Institute School of Public Policy and Management (KDI School),
- Korea Advanced Institute of Science and Technology (KAIST),
- Kangwon National University (KNU),
- Seoul National University (SNU),
- Hanyang University (HU),
- University of Seoul (UoS),
- Yeungnam University (YNU),
- Kyungpook National University (KNU),
- Handong Global University (HGU),
Application Process
You can check the complete application guidelines from the below link.