by POSCO TJ Park Foundation · Seoul National University, Yonsei University, Korea University, Sogang University, Sungkyunkwan University, Hanyang University, Chung-Ang University, Kyung Hee University, Hankuk University of Foreign Studies, Ewha Womans University, POSTECH
Full tuition and approximately 1,000,000 KRW monthly stipend
Duration
2 years for Master's, 3 years for PhD
Deadline
April to May (Varies annually)
Level
Master's, PhD, Integrated Master's & PhD
Acceptance
Approximately 5% - 10%
Difficulty
Very High
Quick Summary
Aimed at international students from asian countries, POSCO Asia Fellowship is a fully funded scholarship for study in South Korea. The award covers Full tuition coverage, monthly living allowance of 1M KRW, settlement grant, health insurance, and access to the POSCO global network. and is open to master's, phd, integrated master's & phd students studying social sciences, humanities, natural sciences, engineering (excluding professional schools such as mba, law school, and medical school). The scholarship runs for 2 years for master's, 3 years for phd and may be renewed annually based on academic performance. Eligibility is generally based on open to talented Asian students with high academic achievement and leadership potential who are interested in pursuing graduate studies in Korea. The application deadline is April to May (Varies annually), with an acceptance rate of approximately Approximately 5% - 10%. Competition for this scholarship varies year to year, so early preparation of required documents is recommended.
✨ Should I Apply for POSCO Asia Fellowship?
Instant AI-powered application intelligence
75%
Eligibility Match
8%
Win Probability
9/10
Difficulty
10/10
Reward Score
60-80 hrs
Time Required
Low
Competition
🌍 Overview
💰
Award Amount
Full tuition and approximately 1,000,000 KRW monthly stipend
⏳
Duration
2 years for Master's, 3 years for PhD
📅
Deadline
April to May (Varies annually)
🔬
Fields
Social Sciences, Humanities, Natural Sciences, Engineering (Excluding professional schools such as MBA, Law School, and Medical School)
🏆
Awards/Year
Approximately 50 per year
🌏
Study Country
South Korea
🏛️
Provider
POSCO TJ Park Foundation
📊
Acceptance
Approximately 5% - 10%
The POSCO Asia Fellowship is a flagship program by the POSCO TJ Park Foundation that provides full tuition and living expenses for promising Asian students to obtain master's or doctoral degrees at top-tier Korean universities. The program aims to foster future leaders who will contribute to the development of Asia and strengthen ties with South Korea.
👥 Who Should Apply
Open to talented Asian students with high academic achievement and leadership potential who are interested in pursuing graduate studies in Korea.
🏛️ Host University
Seoul National University, Yonsei University, Korea University, Sogang University, Sungkyunkwan University, Hanyang University, Chung-Ang University, Kyung Hee University, Hankuk University of Foreign Studies, Ewha Womans University, POSTECH
🔬 Fields of Study
Social Sciences, Humanities, Natural Sciences, Engineering (Excluding professional schools such as MBA, Law School, and Medical School)
✨ Key Benefits
Full tuition coverage, monthly living allowance of 1M KRW, settlement grant, health insurance, and access to the POSCO global network.
🎯 Target Students
International students from Asian countries
🏷 Tags
South KoreaAsiaFull FundingMaster'sPhDPOSCOSTEMHumanities
📊 Statistics & Competitiveness
Varies; typically over 800 applicants
Applicants Last Year
50
Winners
Approximately 5% - 10%
Acceptance Rate
Low
Competition Level
Win Probability
8%
Match Score
75%
Competition
50%
💸 Funding Breakdown
Tuition
Full tuition for 4 semesters (Master's) or 6 semesters (PhD)
Living Stipend
1,000,000 KRW per month
Total Award
Full tuition and approximately 1,000,000 KRW monthly stipend
✈️ Travel: Settlement allowance of 1,000,000 KRW (one-time payment)🏠 Accommodation: Covered via monthly stipend; priority for university dormitories provided💊 Health Insurance: National Health Insurance of Korea included or subsidized🔄 Renewable: Yes💳 App Fee: None for the fellowship; university application fees may apply
🎓 Tuition Coverage
Full tuition for 4 semesters (Master's) or 6 semesters (PhD)
🏠 Living Stipend
1,000,000 KRW per month
🏡 Accommodation
Covered via monthly stipend; priority for university dormitories provided
✈️ Travel Allowance
Settlement allowance of 1,000,000 KRW (one-time payment)
💊 Health Insurance
National Health Insurance of Korea included or subsidized
🎁 Other Benefits
Korean language courses, POSCO networking events, cultural experience programs, facility tours, and annual award ceremony
🔄 Renewable
Yes
📋 Renewal Conditions
Maintaining a minimum GPA (usually 3.0/4.5 or equivalent) and satisfactory progress
✅ Eligibility Requirements
🌍 Eligible Nationalities
Asian nationals (non-Korean), bachelor's degree holders (for Master's) or master's degree holders (for PhD), under 35 years of age
🎓 Academic Level
Master's, PhD, Integrated Master's & PhD
📊 Minimum GPA
Top 10-20% of graduating class (Varies by host university)
🗣️ English Requirement
TOEFL (iBT 80 or higher), IELTS (6.0 or higher), or TEPS/TOPIK scores required depending on university
🍢 Age Limit
Under 35 years of age
💼 Work Experience
Not required but considered an asset for leadership evaluation
🏆 Leadership
High; seeking candidates with potential to become future leaders in Asia
💰 Financial Need
Not the primary selection criterion
🎯 Target Students
International students from Asian countries
📝 Application Requirements
Essay / SOP
Yes (Statement of Purpose and Study Plan)
Rec Letters
2 letters of recommendation
Interview
Yes (Shortlisted candidates only)
Application Fee
None for the fellowship; university application fees may apply
Documents Required
Academic Transcripts
Passport / National ID
2 letters of recommendation Recommendation Letters
CV / Resume
Personal Statement / Essays
TOEFL (iBT 80 or higher), IELTS (6.0 or higher), or TEPS/TOPIK scores required depending on university
Interview: Yes (Shortlisted candidates only)
Min GPA: Top 10-20% of graduating class (Varies by host university)
📋 Application Process
Emphasize how your study in Korea will foster cooperation between your home country and South Korea. Clearly define your research goals.
💡 Insider Tip: Ensure all documents are notarized. Highlight any extracurricular or leadership activities that align with POSCO's corporate citizenship values.
🗾️ Application Roadmap
1
Research eligibility and gather requirements
Start Early
2
Collect all required documents
Start Early
3
Request recommendation letters early
4
Write compelling essays and personal statement
⚠ High Risk Stage
5
Submit complete application before deadline
6
Await shortlisting and attend interview if required
⚠ High Risk Stage
📅 Key Dates & Timeline
📅 Opens
March
⏰ Deadline
April to May (Varies annually)
🎤 Interview
Yes (Shortlisted candidates only)
🎓 Study Starts
September (Fall Semester)
March
Applications Open
Gather documents and begin essays
April to May (Varies annually)
Application Deadline
Submit complete application - no late entries
Yes (Shortlisted candidates only)
Shortlisting and Interview
Selected candidates invited for interview
After results
Award Announced
Successful applicants notified
September (Fall Semester)
Studies Begin
Commence degree at host institution
⚖️ Selection Process
📋 Selection Criteria
Academic excellence, leadership potential, language proficiency, and future contribution to Asian prosperity.
Open to talented Asian students with high academic achievement and leadership potential who are interested in pursuing graduate studies in Korea.
This scholarship covers: Full tuition coverage, monthly living allowance of 1M KRW, settlement grant, health insurance, and access to the POSCO global network.. It is a fully funded scholarship.
The deadline is April to May (Varies annually). Always verify with the official website as dates may change annually.
Competition level: Low. Acceptance rate: Approximately 5% - 10%. Strong academic record and clear motivation are essential.
Yes
Typically required: academic transcripts, passport, TOEFL (iBT 80 or higher), IELTS (6.0 or higher), or TEPS/TOPIK scores required depending on university, 2 letters of recommendation recommendation letters, CV, personal statement/motivation letter. Check official website for the complete list.