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Student loan system in Korea

 
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PeteJB



Joined: 06 Jul 2007

PostPosted: Sun Jan 23, 2011 9:55 am    Post subject: Student loan system in Korea Reply with quote

I am curious if there is an established system for taking out student loans in Korea. My GF is currently planning to enter SNU and is curious about her options when it comes to getting help from the Korean government. Firstly, she is Mongolian and has financial difficulties when it comes to paying tuition fees - Does anyone have experience or knowledge in this subject, and what kind of conditions are there for receiving a loan? Or, is it not possible to receive a loan as a foreign student in Korea?
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red_devil



Joined: 30 Jun 2008
Location: Korea

PostPosted: Sun Jan 23, 2011 10:26 am    Post subject: Re: Student loan system in Korea Reply with quote

PeteJB wrote:
I am curious if there is an established system for taking out student loans in Korea. My GF is currently planning to enter SNU and is curious about her options when it comes to getting help from the Korean government. Firstly, she is Mongolian and has financial difficulties when it comes to paying tuition fees - Does anyone have experience or knowledge in this subject, and what kind of conditions are there for receiving a loan? Or, is it not possible to receive a loan as a foreign student in Korea?


You won't get a loan as a foreigner but you can get a scholarship. I heard that SNU has a pretty established foreign scholarship program.
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