Mokwon University Provides Special COVID-19 Scholarships... "Tuition Fee Reduced by 3.2%"

Photo of Mokwon University campus. Provided by Mokwon University

[Asia Economy (Daejeon) Reporter Jeong Il-woong] Mokwon University will provide a ‘COVID-19 Special Scholarship’ to both new and current students.

Mokwon University announced on the 8th that instead of raising tuition fees this year, it will freeze tuition and convert 3.2% of the first semester tuition into a COVID-19 special scholarship (tuition reduction).

Although tuition fees are officially frozen, the university explained that by providing the special scholarship, it effectively lowers the tuition fees.

Mokwon University has been providing special scholarships for three consecutive years to current students and for two years to new students. In 2020, 4.08% of tuition was converted into special scholarships, and last year, 4% was converted to reduce tuition fees. Additionally, Mokwon University has been lowering or freezing tuition fees for 11 years since 2012.

This year, new students are expected to receive a special scholarship of 100,000 KRW, and the university hopes this will help ease the financial burden on families struggling due to the prolonged COVID-19 pandemic, even if only slightly.

Moreover, new students can receive up to 1,100,000 KRW in scholarship benefits through the Mokwon Start Scholarship in addition to the special scholarship, regardless of other scholarships such as academic excellence scholarships, national scholarships, and vision scholarships.

Mokwon University has been operating the ‘Mokwon Start Scholarship’ for over 10 years, providing 800,000 KRW for humanities and social sciences majors and 1,000,000 KRW for science and engineering majors, the Department of Theater, Film and Video, and the Department of International Arts Industry to students who are admitted through early or regular admissions.

For students admitted through early or regular admissions waitlists, scholarships of 400,000 KRW for humanities and social sciences majors and 500,000 KRW for science and engineering majors, the Department of Theater, Film and Video, and the Department of International Arts Industry are provided respectively.

President Kwon Hyuk-dae of Mokwon University said, “As the difficulties faced by students and parents have increased due to the prolonged COVID-19 pandemic, we decided to support part of the tuition as a special scholarship to share the burden. The university will continue to invest in education so that students can nurture their dreams and grow into innovative talents.”

This content was produced with the assistance of AI translation services.