"Apply for the Second Round of National Scholarships for University Students... Korea Student Aid Foundation Accepting Applications Until September 11"

The Korea Student Aid Foundation (Chairman Bae Byungil) and the Ministry of Education (Deputy Prime Minister and Minister of Education Lee Juhho) will accept applications for the second round of the 2024 academic year second semester National Scholarship from 9 a.m. on the 14th until 6 p.m. on September 11.

The National Scholarship is an income-linked scholarship provided by the government to students who meet certain academic standards and whose income and assets fall below a certain level (Student Aid Level 8) to alleviate the burden of tuition fees for university students.

Korea Student Aid Foundation

The student aid level is determined by reflecting the income assessment amount and the income-converted value of assets of the student and their family members (parents or spouse), as well as deductions based on the number of siblings. The calculation process takes approximately eight weeks.

During this second application period, new students (those scheduled to enter in the second semester), transfer students, re-admitted students, returning students, and current students who missed the first application period can apply for the National Scholarship. After the second application deadline, it will no longer be possible to apply for the second semester National Scholarship, so applications must be submitted within the designated period. However, current students are generally required to apply during the first round and may only apply during the second round up to two times during their enrollment.

The National Scholarship can be applied for 24 hours a day through the Korea Student Aid Foundation website and the ‘Korea Student Aid Foundation’ mobile app.

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