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POSCO Asia Fellowship

The POSCO Asia Fellowship still exists, but not under that name, and not with the rules most websites still list. The POSCO TJ Park Foundation renamed it and, in doing so, opened it to people it used to exclude. If a listing page told you that you were ineligible, read this before you believe it.

Sans Bhatia
Written by
Sans BhatiaFounder, KoreaAdmit6 min read · Updated Jul 14, 2026
A stately Korean campus landmark framed by autumn trees
The award once called the POSCO Asia Fellowship still funds international graduate students in Korea. It is now called the POSCO Global Scholarship in Korea, and the eligibility rules have changed.

What happened to the POSCO Asia Fellowship

It was renamed. The POSCO TJ Park Foundation, the philanthropic arm of the POSCO Group, now calls this award the POSCO Global Scholarship in Korea. It is the same fully funded graduate scholarship, run by the same foundation, out of the same office. It was not cancelled, and it was not replaced by a competing program.

What did change is who it is for. The old Asia Fellowship was, as the name says, for students from Asia, and in practice for students in STEM. The Global Scholarship is open to nationals of countries across Asia, the Americas, Europe, and Africa, and to the humanities and social sciences as well as the sciences and engineering.

TL;DR
  • The POSCO Asia Fellowship is now the POSCO Global Scholarship in Korea. Same foundation, same money, new name, wider eligibility.
  • It is no longer Asia-only. The Foundation's own 2026 scholar list includes American, Brazilian, and German students.
  • It is no longer STEM-only. The humanities and social sciences now qualify.
  • You cannot apply to POSCO directly. Your university nominates you after you are admitted. Any page telling you to send POSCO an application is out of date.
  • It is still fully funded. Full tuition, KRW 1,000,000 a month, a settlement allowance, health insurance, and Korean lessons. No airfare.

Why almost every website still gets this wrong

The rename is not obvious from the outside, because the Foundation never scrubbed the old name from its own systems. All of the following are true right now:

  • The program's official pages still sit under an /asia/ web address (postf.org/en/asia/abroad/).
  • The scholarship's contact address is still asiafellowship@postf.org.
  • The page listing the current scholars is still headed "Scholarship for Asian Students Studying in Korea", even though the 2026 cohort displayed on it includes scholars from the United States, Brazil, and Germany.

So the legacy branding is still visible, scholarship listing sites keep copying it forward, and each new post copies the last. That is why you will find pages confidently describing a nine-university, STEM-only, Asian-nationals-only fellowship you apply to directly.

What changed, precisely

The legacy POSCO Asia Fellowship vs the program as the Foundation runs it now
What the listing sites still sayWhat the Foundation says now
NamePOSCO Asia FellowshipPOSCO Global Scholarship in Korea
Who can applyAsian nationals onlyNationals of the Foundation's designated countries across Asia, the Americas, Europe, and Africa
FieldsSTEM only (science, technology, engineering, math)Humanities, social sciences, natural sciences, and engineering
How you get inApply directly to the Foundation, then choose universitiesYour university nominates you after you are admitted
Partner universities9 (adding KAIST, Sungkyunkwan, Hanyang, Kyung Hee, Ewha)6 (SNU, Yonsei, Korea University, POSTECH, KDI School, AKS)
Living allowanceKRW 1,000,000 per monthKRW 1,000,000 per month

The money did not get worse. The door got wider.

Do you still qualify?

This is the question most people arrive with, and for a lot of readers the answer has flipped from no to yes. Work through these four in order.

  • Nationality. You must be a citizen of one of the countries the Foundation designates for the cycle, and you must not hold Korean nationality (dual citizens are excluded). The current list spans four regions, so being outside Asia no longer rules you out on its own.
  • Field. Your major must be in the humanities, social sciences, or the natural sciences and engineering. Being outside STEM no longer rules you out.
  • Admission. You must be a newly admitted international student at one of the six partner universities for the target semester, in a master's, doctoral, or integrated master's-doctoral program. This is the hard gate, and it is the one you actually control.
  • Korean. TOPIK Level 2 or higher is preferred and helps you at selection, but it is not required to apply.

The eligible countries

The Foundation designates a list of countries each cycle. This is the list its own FAQ currently publishes: 26 countries across four regions.

Designated countries, per the POSCO TJ Park Foundation's FAQ (26 total)
RegionCountriesCount
AsiaChina, India, Indonesia, Japan, Kazakhstan, Malaysia, Myanmar, the Philippines, Saudi Arabia, Singapore, Thailand, the United Arab Emirates, Vietnam13
AmericasArgentina, Brazil, Mexico, United States4
EuropeGermany, Italy, Poland, Slovakia, Türkiye, United Kingdom6
AfricaEgypt, Morocco, South Africa3

What it pays

POSCO Global Scholarship in Korea benefits
BenefitWhat you get
TuitionFull coverage for the normative program period: 2 years (master's), 3 years (doctoral or integrated)
Living allowanceKRW 1,000,000 per month, roughly 22 months for a master's and 36 for a doctorate
Settlement allowanceOne-time payment of KRW 1,000,000
Health insuranceNational health insurance premiums covered
Korean languageKorean language education provided by the Foundation
AirfareNot covered. Budget your flights separately

You also cannot stack it. Recipients may not hold other external scholarships at the same time, and it is explicitly marked GKS inapplicable, so it is this award or the Global Korea Scholarship, not both.

How to actually get it

Because you cannot apply to the Foundation, the entire game is admission plus nomination. In short: get admitted to one of the six partner universities in an eligible field, tell that university's international office you want to be considered, and let them nominate you (typically in November and December, on each school's own internal deadline). The Foundation then asks nominees for a personal statement, interviews them online, and announces in January.

That is the compressed version. The full walkthrough, including the six partner universities, each one's nomination quirks, the five criteria the Foundation scores you on, and the obligations you take on if you win, is in the main guide.

What to do next

  1. Check your nationality against the current designated-country list, and confirm your field qualifies. If an old page ruled you out for being non-Asian or non-STEM, ignore it.
  2. Read the full POSCO Global Scholarship guide for the partner universities, the nomination timeline, and the selection criteria.
  3. Focus on the real gate: graduate admission. Our graduate school in Korea guide and statement of purpose guide cover the application that decides everything.
  4. Weigh it honestly against GKS and the wider field of fully funded scholarships in Korea, since you can only hold one.

Frequently asked questions

Does the POSCO Asia Fellowship still exist?
Yes, but not under that name. The POSCO TJ Park Foundation renamed it the POSCO Global Scholarship in Korea. It is the same fully funded graduate scholarship from the same foundation. It was not cancelled and it was not replaced by a rival program. What changed is eligibility: it is now open beyond Asian nationals and beyond STEM fields.
Is the POSCO Asia Fellowship the same as the POSCO Global Scholarship in Korea?
Yes. They are one award. The Asia Fellowship is the former name. The confusion persists because the Foundation kept the old name in its own systems: the program still lives at a web address under /asia/, its contact address is still asiafellowship@postf.org, and its scholars page is still headed "Scholarship for Asian Students Studying in Korea" even though the 2026 cohort includes American, Brazilian, and German scholars.
Can non-Asian students apply for the POSCO Asia Fellowship?
Yes, under its current name. The POSCO Global Scholarship in Korea is open to citizens of the countries the Foundation designates each cycle, which span Asia, the Americas, Europe, and Africa. The Foundation's own list of 2026 scholars includes students from the United States, Brazil, and Germany. The Asia-only rule that older listings describe no longer applies.
Is the POSCO scholarship still STEM only?
No. The current rules cover the humanities, social sciences, and the natural sciences and engineering. If you were told the POSCO Asia Fellowship was restricted to science, technology, engineering, and mathematics, that was true of the older program and is not true of the scholarship as it runs now.
How do I apply for the POSCO Asia Fellowship?
You do not apply to POSCO. You win graduate admission to one of the six partner universities (Seoul National University, Yonsei, Korea University, POSTECH, the KDI School of Public Policy and Management, or the Academy of Korean Studies), and that university nominates you to the Foundation, typically in November and December. The Foundation then requests a personal statement and interviews nominees online. Any page offering you a direct POSCO application form or deadline is out of date.
What does the POSCO scholarship cover?
Full tuition for the normative degree period (2 years for a master's, 3 for a doctorate or integrated program), a living allowance of KRW 1,000,000 per month, a one-time KRW 1,000,000 settlement allowance, national health insurance premiums, and Korean language education. It does not cover airfare, and you cannot hold it alongside GKS or any other external scholarship.
Which universities does the POSCO scholarship cover?
Six: Seoul National University, Yonsei University, Korea University, POSTECH, the KDI School of Public Policy and Management, and the Academy of Korean Studies. Older listings name nine, adding KAIST, Sungkyunkwan, Hanyang, Kyung Hee, and Ewha. The Foundation's current FAQ lists the six above, and you must be admitted to one of them to be nominated.