Scholarship Overview
You apply directly with the provider. We never charge for applications or ask for payment details. How we verify scholarships
People Also Checked: Yeungnam University PSPS Scholarship 2027: Fully Funded Master's in South Korea (Fully Funded)
Overview
The Yeungnam University Scholarship 2027 is a fully funded opportunity for international students pursuing a Master’s degree through the Park Chung Hee School of Policy and Saemaul (PSPS). This scholarship eliminates tuition costs and provides monthly financial support for living expenses during your first year of study in South Korea.
PSPS admits international applicants, manages all program logistics, and provides official documentation for visa applications. The program runs from March 2027 to February 2028, with classes conducted entirely in English—no Korean language proficiency required.
People Also Checked: Chonnam National University Scholarships 2027: Graduate Tuition Awards for International Students
What the Scholarship Covers
Full Tuition Waiver
The scholarship covers 100% of tuition fees for the entire Master’s program:
- Semesters 1–3: KRW 4,876,000 per semester
- Semester 4: KRW 3,251,000
- Enrollment fee savings: KRW 863,000
Monthly Living Allowance
Recipients receive KRW 1,000,000 per month for 12 months (March 2027–February 2028) to cover housing, food, and daily expenses.
People Also Checked: World Bank Small AI for Development Hackathon 2026: Fully Funded Seoul Summit (Fully Funded)
Additional Benefits
- Internationally recognized Master’s qualification
- English-taught curriculum—no Korean required
- Certificate of Admission and Certificate of Scholarship issued for D2 Student Visa applications
- Priority access to Gyeongbuk Global Exchange Center dormitory (10-minute walk from campus)
- Global network building with scholars from dozens of countries
Available Programs
Choose one of three specialized Master’s tracks:
- Saemaul and International Development — Focuses on rural development and poverty reduction strategies
- Public Policy and Leadership — Governance, administration, and leadership studies
- Forest and Environmental Policy — Sustainable resource management and environmental governance
Applicants to Forest and Environmental Policy receive priority selection if they hold degrees in natural sciences, agriculture, forestry, environmental engineering, or related fields.
Eligibility Requirements
Academic Qualifications
- Hold or expect to complete a bachelor’s degree from a recognized domestic or international university
- Or hold a qualification legally recognized as equivalent to or higher than a bachelor’s degree
- Any undergraduate major accepted
Additional Criteria
- Ability to attend full-time daytime classes in Korea
- Candidates recommended by local government heads or central administrative agencies
- Candidates recommended by heads of relevant institutions
- Candidates with official language proficiency test scores above specified levels
- Candidates recommended by the Park Chung Hee Saemaul Graduate School Steering Committee
Academic Performance Requirement
Scholarship recipients must maintain:
- Minimum GPA of 3.0 out of 4.5
- No grade of “F” in any course
Failure to meet these standards requires payment of 30% of tuition for the following semester.
Required Documents
- Completed Application Form
- Academic Transcript
- Degree Certificate
- CV or resume
- Personal statement
- Academic record verification agreement
- Health self-evaluation and commitment
- English proficiency proof
- Recommendation letters
- Documentation proving parents’ nationality
- Birth certificates or family relationship documents
- Payment receipts
- Valid Passport
- Other relevant supporting documents
How to Apply
- Select your program from the three options above
- Prepare complete application documents — check the official PSPS website for the full list
- Pay the application fee of KRW 100,000 or USD 80 (non-refundable) in your own name
- Bank transfer details:
- Bank: IM BANK (formerly DAEGU BANK)
- Account: 910-001127213-5
- Account holder: Yeungnam University
- SWIFT code: DAEBKR22 (international transfers only)
- Payment window: 2 PM, 28 September 2026 to 2 PM, 23 October 2026 (KST)
- Attach remittance receipt to your application documents
- Email complete application to the PSPS email address before deadline
Important Dates
| Application opens | 28 September 2026 |
| Application and payment deadline | 23 October 2026, 2 PM KST |
| Program start | 1 March 2027 |
| Living allowance period | March 2027 – February 2028 |
Information for African Applicants
The PSPS Scholarship actively welcomes international students from Africa, including Zimbabwe and SADC countries. The English-taught curriculum removes language barriers, and the living allowance is designed to cover actual costs in Daegu, where living expenses are moderate compared to Seoul.
PSPS issues all required documentation for D2 Student Visa applications, making the immigration process straightforward. The dormitory option provides affordable, convenient housing near campus.
Official Resources
- PSPS website: http://psps.yu.ac.kr
- Yeungnam University English site: https://www.yu.ac.kr/english/index.do
Official scholarship page: http://psps.yu.ac.kr
You apply directly with the provider. We never charge for applications or ask for payment details. How we verify scholarships