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South Korea Masters Fully Funded

Yeungnam University PSPS Scholarship 2027: Fully Funded Master’s in South Korea

The Yeungnam University PSPS General Scholarship 2027 offers fully funded master's degrees for international students, covering four semesters of tuition plus a one-year living allowance. Applications close October 23, 2026.

October 12, 2026 ⏰ Deadline: 2 days left

Quick Overview

Host CountrySouth Korea
University/OrgYeungnam University
Degree LevelMasters
Funding TypeFully Funded
Fields of StudyDevelopment Economics, Forest and Environmental Policy, Public Administration, Public Policy and Leadership, Saemaul and International Development
DeadlineOctober 23, 2026

Scholarship Overview

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Overview

The Yeungnam University Scholarship 2027 is a competitive, fully funded opportunity for international master’s students through the Park Chung Hee School of Policy and Saemaul (PSPS). Established in 2011 to share Korea’s development experience globally, PSPS trains leaders in community development, public policy, and environmental governance.

For African applicants from Zimbabwe and the SADC region, this scholarship represents a rare pathway to graduate education in Asia with comprehensive financial support. The program specifically values candidates who embody the Saemaul spirit: diligence, self-help, cooperation, sharing, service, and innovation.

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What the Scholarship Covers

The PSPS General Scholarship provides substantial but partial funding. Recipients receive:

  • Full tuition waiver for four semesters of master’s study
  • Monthly living stipend for 12 months only (March 2027 – February 2028)
  • Admission fee waiver upon enrollment

Critical gaps exist: no travel costs, no accommodation, and no health insurance are included. Students must self-fund living expenses for semesters 3 and 4, plus all housing throughout the program. Dormitory assistance does not mean free housing.

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Academic Standing Requirements

Maintaining the scholarship demands consistent performance:

  • Minimum GPA of 3.0/4.5 each semester
  • No failing grades in any course
  • Failure to meet standards results in paying 30% of tuition the following semester

Scholarship amounts and duration are subject to change based on university policy.

Available Programs

Three specialized tracks serve different career objectives:

Saemaul and International Development

Degrees: Master of Saemaul Development Studies; MA in Saemaul International Development; Master of Public Policy and Saemaul

Best for: Community development practitioners and international development professionals

Public Policy and Leadership

Degrees: MA in Development Economics; Master of Public Policy; Master of Public Policy in Economic Development

Best for: Government officials, policy analysts, and economic development specialists

Forest and Environmental Policy

Degrees: Master of Public Policy; Master of Public Administration; Master of Science

Best for: Forestry professionals, environmental governance practitioners, and sustainable development advocates

Eligibility Requirements

Candidates must satisfy all conditions:

  • Hold a recognized bachelor’s degree equivalent to a four-year Korean degree
  • Not be Korean citizens—neither applicant nor parents
  • Completed 12 years of pre-university education
  • Demonstrate English proficiency through one of: IELTS 5.5, TOEFL iBT 4 (new scale) or 71 (old scale), TOEIC 750, or CEFR B2
  • Test scores valid through October 30, 2024 at latest
  • Be in good health to complete the program

Three-year degree holders: Contact PSPS before paying any fees to verify equivalence. This verification is essential for African applicants with British-patterned three-year degrees.

English Exemptions

Exemptions apply if you:

  • Hold a degree from an English-medium university (submit official declaration)
  • Come from a country where English is an official or native language

Personal declarations are insufficient—official documentation is mandatory.

Required Documents

Prepare these items in advance. Non-English/Korean documents require notarized translations:

  • Completed application form (signed before scanning)
  • Academic transcripts
  • Degree certificate
  • CV or resume
  • Personal statement
  • Academic record verification agreement
  • Health self-evaluation and commitment
  • English proficiency proof
  • Recommendation letters
  • Parents’ nationality documentation
  • Birth certificate or family relationship records
  • Payment receipts
  • Valid passport
  • Other relevant supporting documents

Authentication requirement: Transcripts and degree certificates typically need consulate authentication or apostille. Chinese qualifications have specific guidelines. Start this process early—authentication delays frequently derail applications.

How to Apply

Follow this sequence precisely:

  1. Visit the official PSPS website
  2. Navigate to Admissions → Apply Here (International Students)
  3. Select your degree and major
  4. Complete all forms, print, and sign before scanning
  5. Pay the non-refundable application fee: KRW 100,000 (approximately US$80), plus bank fees
  6. Compile documents in checklist order (1–9)
  7. Email scanned PDFs to psps@yu.ac.kr
  8. Subject line format: [Application No.] Applicant Name: Spring 2027 Application Files
  9. Wait for email confirmation

After submission, PSPS may request:

  • Self-made interview video
  • Zoom or phone interview
  • Original documents by mail

Monitor your application account and email for admission decisions, scholarship confirmation, and visa instructions.

Timeline for African Applicants

Given document authentication requirements:

  • June–July 2026: Begin transcript and degree certificate authentication
  • August 2026: Complete English testing if needed
  • September 2026: Draft personal statement, secure recommenders
  • Early October 2026: Submit application well before deadline

Important Considerations

This scholarship suits applicants who can secure supplementary funding for year two living costs and all accommodation. The one-year stipend creates a funding cliff that has surprised previous recipients. Budget approximately US$8,000–12,000 for the second year depending on lifestyle and housing choices in Gyeongsan.

The program’s focus on Korean development experience (Saemaul Undong) offers unique value for African development practitioners, particularly those working in rural revitalization, community-driven development, or public administration reform.

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Official scholarship page: https://psps.yu.ac.kr/

Apply on the official site →

You apply directly with the provider. We never charge for applications or ask for payment details. How we verify scholarships

Funding Coverage

Full tuition for four semesters; monthly living stipend for 12 months only (March 2027–February 2028); admission fee waiver. No travel, accommodation, or health insurance provided.

Eligibility Criteria

International students with bachelor's degree equivalent to four-year Korean degree; non-Korean citizens (applicant and parents); 12 years pre-university education; English proficiency (IELTS 5.5, TOEFL iBT 71, TOEIC 750, or CEFR B2); good health

Required Documents

Application form, academic transcripts, degree certificate, CV, personal statement, academic record verification agreement, health self-evaluation, English proof, recommendation letters, parents' nationality proof, birth certificate/family records, payment receipts, valid passport. Notarized translations required for non-English/Korean documents. Consulate authentication or apostille typically required.

Application Process

1) Visit official PSPS website, 2) Navigate to Admissions → Apply Here (International Students), 3) Select degree and major, 4) Complete and sign forms, 5) Pay KRW 100,000 application fee, 6) Compile documents in order 1–9, 7) Email PDFs to psps@yu.ac.kr with specified subject line, 8) Await confirmation and follow interview instructions if requested
Apply Now — Official Website

You will be redirected to the official scholarship application page.

Frequently Asked Questions

Possibly, but you must contact PSPS before paying any fees to verify equivalence to a Korean four-year degree. Do not assume automatic acceptance—verification is mandatory for three-year degrees.
Tuition is covered for all four semesters, but the living stipend only lasts 12 months (March 2027–February 2028). You must fund living expenses for the second year yourself.
You will lose the scholarship for the following semester and must pay 30% of tuition costs. Consistent academic performance is required to maintain funding.
IELTS is not required. Acceptable alternatives include TOEFL iBT 71 (old scale) or 4 (new scale), TOEIC 750, or CEFR B2. You may also submit an official university declaration if your degree was taught in English.
The application fee is KRW 100,000 (approximately US$80) plus bank transfer fees. This fee is non-refundable under all circumstances.
No. The scholarship explicitly excludes travel costs, accommodation, and health insurance. Dormitory assistance does not mean free housing. Budget separately for these expenses.

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