Korea Student Aid Foundation to Provide Monthly Scholarships of 1.5 to 2 Million KRW to 120 Master's and Doctoral Students... Applications Open

The Ministry of Science and ICT (Minister Lee Jong-ho) and the Korea Student Aid Foundation (Chairman Bae Byung-il) have finalized the 2024 Graduate School Presidential Science Scholarship project plan to cultivate world-class science and technology research personnel, and will begin accepting scholarship applications from the 13th.

The Graduate School Presidential Science Scholarship is designed to promote the influx of science and technology specialized personnel in STEM fields, planning to select and support scholarships for about 120 new recipients.

Korea Student Aid Foundation.

For domestic master's programs, 50 students (25 new students, 25 currently enrolled) will receive a monthly scholarship of 1.5 million KRW for up to 4 semesters, and for domestic doctoral programs, 70 students (30 new students, 40 currently enrolled) will receive a monthly scholarship of 2 million KRW for up to 8 semesters. Overlapping benefits with other government and private support programs are allowed.

The selection fields for scholarship recipients apply a total of 17 fields based on the Korea Research Foundation’s “Basic Research Headquarters Academic Discipline Classification System,” which systematically categorizes STEM research personnel development areas.

Graduate School Presidential Science Scholarship applicants must be enrolled or confirmed to enroll in natural sciences or engineering majors at domestic general graduate schools, and must be full-time students dedicating at least 40 hours per week to research and study. The selection process includes student application → document screening → in-depth interview → final selection.

Applications for the scholarship can be submitted on the Korea Student Aid Foundation website, with the application period from the 13th to the 26th.

After the application deadline, document screening and interviews will be conducted in March, and the final successful candidates will be announced at the end of March.

With the establishment of the Graduate School Presidential Science Scholarship this year, it is expected to promote the influx of talent into the science and technology specialized personnel development process, and to build a full-cycle scholarship support system for STEM students (bachelor’s, master’s, and doctoral students).

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