Estimated Budget | Ajou university Graduate School of International Studies

- For International Students

Admission

For International Students

Estimated Budget

Tuition

University Scholarship
Degree	Tuition[KRW]/Semester	Tuition[USD]
Admission Fee[1st Semester Only]	KRW 900,000	$768
M.B.A. [Int'l Business]	KRW 6,028,000	$5,138
M.A. [Int'l Trade and Policy]	KRW 6,028,000	$5,138
M.A. [Int'l Trade]	KRW 5,004,000	$4,265
M.A. [Int'l NGO Studies]	KRW 5,004,000	$4,265
M.A. [Int'l Development and Cooperation]	KRW 5,004,000	$4,265
M. Energy Science Policy	KRW 6,180,000	$5,267

※ The above fee is estimated digit for the 2020 Fall Academic year in USD and could be changed.

*Any change will be announced via website of the GSIS

Estimated Budget(per 1 year)

Estimated Budget per semester
Item	Estimated Budget
Sum	＄15,500 ~ 18,000
Tuition	＄8,600 ~＄10,600
Housing	$ 3,000
Board	$ 2,400
Text Book and Other Expense	$ 1,500

※The above cost is for reference only and could vary for each individual student.

*Please note that the above USD amount was calculated base on 1,173.2KRW=1USD for reference only.

Scholarships

University Scholarship

University Scholarship
Types of Scholarship	Value	Qualification
Academic Scholarship	50% waiver of Tuition Fee	All new incoming students with good academic potential for the first semester
Scholarship A	100% waiver of Tuition Fee	* Self-paying students * Be enrolled in at least 9 credits in the previous semester(excluding Research 1, Research 2, Korean Language course) * If students got the same GPA in the previous semester, a student took more credits will get the higher scholarship * If there are students with same GPA and number of credits, then a student who originally got higher score will get the higher scholarship in each department * Not failed any subject in the previous semester * Students who completed the previous semester's tuition payment by GSIS Guidelines(New Article) * Students who purchased the health insurance in the previous semester
Scholarship B	75% waiver of Tuition Fee	* Self-paying students * Be enrolled in at least 9 credits during the previous semester(excluding Research 1, Research 2, Korean Language course) * If students got same GPA in the previous semester, a student took more credits will get the higher scholarship * If there are students with same GPA and number of credits, then a student who originally got higher score will get the higher scholarship in each department * Not failed any subject during the previous semester * Students who completed the previous semester's tuition payment by GSIS Guidelines(New Article) * Students who purchased the health insurance in the previous semester
Scholarship C	50% waiver of Tuition Fee	* Self-paying students * Be enrolled in at least 9 credits during the previous semester(excluding Research 1, Research 2, Korean Language course) * If students got same GPA in the previous semester, a student took more credits will get the higher scholarship * If there are students with same GPA and number of credits, then a student who originally got higher score will get the higher scholarship in each department * Not failed any subject during the previous semester * Students who completed the previous semester's tuition payment by GSIS Guidelines(New Article)
Teaching Assistantship	KRW 100,000/month	· Students with good GPA & in need of financial aid

Government Scholarship

Government Scholarship
Foundation	Award	Remarks
NIIED	100% of Tuition & Allowance	National Institute for Int’l Education Development
KOICA	100% of Tuition & Allowance	Korean Int’l Cooperation Agency http://www.koica.go.kr
ASSP	100% of Tuition & Allowance	Suwon Centre for International Cooperation

※ For government scholarship inquiries, students should contact each government agency for detailed information since application procedure is not the same as Ajou GSIS.

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