Korean government's reduction in scholarships

Korea to cut scholarships for foreigners 

By Kang Shin-who

The Korean government plans to cut its full scholarship program for foreign students, who receive money for university tuition, housing and monthly allowances, by 40 percent.

An official at the Ministry of Education, Science and Technology said Monday that some 400 foreign nationals, 300 fewer than this year’s 700, will be eligible for the scholarship program in 2011.

“Due to a shortage in the annual budget, we have to cut down the number of government-invited students. Instead, we will select highly qualified students to improve the quality of the program,” the official told The Korea Times.

The number of foreign students on the program, jumped to 745 in 2008, from 133 in 2007; it fell to 504 in 2009, before rising again to 700 this year.

A total of 2,000 foreigners are studying here under the state program as of this year.

The ministry is considering removing the “grace period” for program participants in order to save money. If they fail to pass their courses, master’s and doctorate degree seekers are able to extend their stay here by a semester and year, respectively.

With the aim of making state scholarships a Korean national branding project similar to the Fulbright Program, the ministry this year integrated all programs into the “Global Korea Scholarship” project, which has a budget of 51.5 billion won ($46.6 million).

The National Institute for International Education (NIIED), an agency under the ministry, oversees the scholarship program that is offered in some 120 countries around the world.

Korean embassies overseas or Korean universities recommend undergraduate or graduate hopefuls for the scholarship.

The scholarship students have to meet the minimum qualification; a grade point average (GPA) over 80 percent and grade three — out of six — in the Test of Proficiency in Korean.


Source: http://www.koreatimes.co.kr/www/news/nation/2010/12/113_78719.html

Master Scholarships at Seoul National University by Samsung Electronics

Samsung Electronics announces the launching of the Global Scholarship Program at the Seoul National University (GSP-SNU Program) for receiving the Master of Sciences Degree. This program is oriented toward brilliant students majoring in computer science, engineering, physics, and mathematics.


Benefits
 Samsung Pays for Admission and Tuition
 Samsung Grants Money Allowance (USD 1,000 per month)
 Samsung Provides Dormitory for Living
 Samsung Internship is Available after Passing 75% of the Studies
 Samsung Offers a Position in South Korea after Graduation for 2 Years
 Samsung Offers a Position in Moscow after Work in Korea


The GSP-SNU Program is meant for students willing to receive the Master of Sciences Degree in Computer Science and Electronics Engineering. The education is conducted for 2 years at The Faculty of Electrical Engineering and Computer Science of the Seoul National University.


General Requirements
1. B.Sc. or M.Sc. Degree
2. Major in Engineering, Computer Science, Physics, or Mathematics
3. Grade Point Average (GPA) more than 4.8
4. Excellent Knowledge of English
5. Possibility to present 2 references application: http://edu.samsung.ru/ms/application.asp


The Faculty of Computer Science and Electrical Engineering has six departments:
1. Information, Telecommunication, and Radio Science
2. Control, Instrumentation, and Automation
3. Semiconductor Devices and Integrated Circuits
4. Computer and Very Large Scale Integration Systems
5. Electrophysics and Lasers
6. Electric Energy System

Source: http://www.samsung.com/uk/aboutsamsung/careers/globalscholarshipprogramme/frequentlyaskedquestions/frequently_asked_questions.html