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POSCO Global Scholarship in Korea (2026)

A private foundation with one of Korea's most respected names behind it will pay your full graduate tuition, hand you a million won a month, and cover your health insurance. You never fill in a scholarship form. Your university nominates you. Here is exactly how the POSCO Global Scholarship works, who can win it, and the one thing most guides online get wrong.

Sans Bhatia
Written by
Sans BhatiaFounder, KoreaAdmit12 min read · Updated Jul 14, 2026
Graduate students walking on a Korean university campus
The POSCO Global Scholarship funds international master's and doctoral students at six leading Korean universities, but only students their university nominates.

The POSCO Global Scholarship in Korea is a fully funded graduate scholarship run by the POSCO TJ Park Foundation, the philanthropic foundation of the POSCO Group, one of Korea's largest industrial companies. It supports international students pursuing a master's, doctoral, or integrated master's-doctoral degree at one of six partner universities, and it is genuinely comprehensive: full tuition, a monthly living allowance, a settlement grant, national health insurance, and Korean language education.

Everything on this page is drawn from the official Spring 2026 announcement and the POSCO TJ Park Foundation's own program pages, both linked in the sources at the end. Numbers like the eligible-country list and the number of awards are set by the Foundation each cycle, so treat this as the Spring 2026 picture and confirm the current details before you apply.

TL;DR
  • It is fully funded. Full tuition for the normative degree period, plus KRW 1,000,000 a month, a one-time KRW 1,000,000 settlement allowance, national health insurance, and Korean language education.
  • You cannot apply directly. Your partner university nominates you after you are admitted. There is no public application form to the Foundation.
  • Only designated nationalities qualify, at six partner universities. The Foundation resets the country list every cycle.
  • The POSCO Asia Fellowship is this scholarship's former name. The Foundation renamed it and widened it past Asian nationals and past STEM. Most listing sites still describe the old program. We explain below.
  • You cannot stack it with GKS or any other external scholarship. It is one award or the other.

What the POSCO Global Scholarship is

The POSCO TJ Park Foundation created the scholarship to, in its own words, foster global future leaders by supporting talented young people from overseas to pursue graduate degrees at leading Korean universities. The Foundation frames its scholars as bridges between Korea and their home countries, which is why the selection process weighs your understanding of the POSCO Group and your sense of social responsibility alongside your academic record.

In practice it is one of the most complete private scholarships in Korea. Where many university awards cover tuition only, POSCO adds a living stipend, a settlement grant, insurance, and language support, which puts it in the same fully funded tier as the government's Global Korea Scholarship.

The one thing most guides get wrong: this is the POSCO Asia Fellowship

Search for POSCO funding and you will find dozens of pages describing a POSCO Asia Fellowship: Asian nationals only, STEM only, nine universities, apply directly to the Foundation. You may conclude that POSCO runs two separate graduate scholarships and that you have to pick one.

It does not. The POSCO Asia Fellowship is this scholarship's former name. The POSCO TJ Park Foundation rebranded the award as the POSCO Global Scholarship in Korea and, in the process, opened it to applicants far beyond Asia and to fields far beyond STEM. There is one program, and this is it.

The reason the confusion is so durable is that the Foundation never scrubbed the old name from its own plumbing. Every one of these is true today:

  • The program's official pages still sit at a web address under /asia/ (postf.org/en/asia/abroad/).
  • The contact address for the scholarship is still asiafellowship@postf.org.
  • The page listing current scholars is still headed "Scholarship for Asian Students Studying in Korea", even though the 2026 cohort it displays includes American, Brazilian, and German scholars.

So the legacy branding is still visible, and aggregator sites keep copying it forward. Here is what actually changed.

What the listing sites still say, and what the Foundation says now
Legacy "POSCO Asia Fellowship" (still on aggregator sites)POSCO Global Scholarship in Korea (the Foundation, now)
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

Practically, the rename is good news for most readers of this site: the award that was once closed to you if you were not Asian, or not in STEM, may now be open. If you came here looking for the old program specifically, we have a page on exactly that: what happened to the POSCO Asia Fellowship, and whether you still qualify.

What it covers

The scholarship funds you for the full normative length of your degree, which the Foundation defines as two years for a master's, three years for a doctorate, and three years for the integrated master's-doctoral track.

POSCO Global Scholarship benefits (Spring 2026)
BenefitWhat you get
TuitionFull coverage for the normative program period: 2 years (master's), 3 years (doctoral), 3 years (integrated master's-doctoral)
Living allowanceKRW 1,000,000 per month throughout the study period
Settlement allowanceOne-time payment of KRW 1,000,000
Health insuranceNational health insurance premiums covered during the study period
Korean languageKorean language education opportunities provided by the Foundation

The Foundation's program page indicates the monthly allowance is paid for the length of the degree, roughly 22 months for a master's and 36 months for a doctorate. What the scholarship does not include is airfare, which the government's GKS does cover. Budget your flights and your first month's deposit separately.

Who is eligible

You must meet every one of these conditions. They are cumulative, not a menu.

  • Newly admitted. You must be a new international student admitted to a partner university for the target semester, for a master's, doctoral, or integrated master's-doctoral program. Students already enrolled are not the target of this cycle.
  • A designated nationality. You must be a citizen of one of the countries the Foundation designates for the cycle (the current list is below). Applicants who hold Korean nationality, including dual citizens, are not eligible.
  • An eligible field. Your major must be in the humanities, social sciences, or the natural sciences and engineering. Despite what the old Asia Fellowship listings say, this is not a STEM-only award.
  • Korean language (preferred, not required). Applicants with strong Korean, defined as TOPIK Level 2 or higher, are given preference. It is an advantage at selection, not a hard gate at application.

The eligible countries

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

POSCO Global Scholarship designated countries, per the 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

In plain list form: Argentina, Brazil, China, Egypt, Germany, India, Indonesia, Italy, Japan, Kazakhstan, Malaysia, Mexico, Morocco, Myanmar, Poland, Saudi Arabia, Singapore, Slovakia, South Africa, Thailand, the Philippines, Türkiye, the United Arab Emirates, the United Kingdom, the United States, and Vietnam.

How to win it: the admit-first pathway

Because you cannot apply to the Foundation directly, your entire strategy is to get admitted to a partner university and put yourself in the strongest possible position to be nominated. Here is the sequence.

How to get the POSCO Global Scholarship

  1. Choose a partner university and program

    Pick a master's, doctoral, or integrated program at one of the six partner universities in an eligible field. Check that your nationality is on the current designated-country list first.

  2. Win graduate admission for the target semester

    Apply for and secure a place as a new international graduate student. Admission is a hard prerequisite. Meet the program's own deadlines, which fall months before the scholarship nomination window.

  3. Signal your interest and fit early

    Tell the international office or your admitting department that you want to be considered for the POSCO Global Scholarship. Strong Korean (TOPIK Level 2 or higher) and a clear leadership story help you stand out for nomination.

  4. Get nominated by your university

    The university selects candidates and submits nominations to the Foundation, typically in November and December. Internal deadlines are early and set by each school, not by POSCO.

  5. Submit your personal statement

    The Foundation contacts nominated candidates directly to request a personal statement. This is your chance to show academic potential, global competency, and social responsibility.

  6. Pass the online interview

    The Foundation interviews nominees online in December, evaluating them against its leadership values and scholarship criteria.

  7. Receive the result and attend the ceremony

    Final selections are announced in January. Scholars must attend the award ceremony in the first week of March, which is mandatory.

The six partner universities

Only students at these six institutions can be nominated. Four of them have full profiles in our universities directory; the KDI School and the Academy of Korean Studies are graduate-only institutions with a narrower, policy and Korean-studies focus.

POSCO Global Scholarship partner universities
UniversityKnown forNomination note
Seoul National UniversityKorea's top national university, broad researchRoutes submissions through the applicant's college to the Office of Global Affairs by an internal December deadline
Yonsei UniversitySKY private university, strong across fieldsNomination handled by the graduate and international offices
Korea UniversitySKY private university, broad researchNomination handled by the graduate and international offices
POSTECHElite science and technology researchRuns its own competitive internal nomination
KDI School of Public Policy and ManagementPublic policy, development, managementGraduate-only; nomination via its admissions and student affairs office
The Academy of Korean StudiesKorean studies, humanitiesGraduate-only; nomination via its graduate school office

If you have not chosen a school yet, our graduate school in Korea guide walks through choosing a program and an advisor, and the universities directory has profiles, tuition estimates, and scholarships for the four partner schools listed there.

How scholars are chosen

After universities nominate, the Foundation evaluates candidates through a personal statement and an online interview. It publishes five evaluation criteria, and they tell you exactly what to emphasize.

POSCO Global Scholarship evaluation criteria
CriterionWhat it means for your statement and interview
Academic background and study planA credible record and a specific, well-reasoned plan for your degree and research
Academic and professional potentialEvidence you will go on to do meaningful work, in research or industry
Understanding of the POSCO Group and the FoundationGenuine knowledge of who POSCO is and what the TJ Park Foundation values. Read their materials before you write
Global competencyThe ability to work across cultures and act as a bridge between Korea and your home country
Social responsibility and personal integrityA track record and mindset of contribution, not just achievement

The selection timeline

The Spring 2026 cycle ran on this calendar. A Fall cycle follows the same shape shifted by roughly six months, and exact dates move each year, so use this as the rhythm rather than fixed dates.

POSCO Global Scholarship selection schedule (Spring 2026)
StageWhen
University nominationNovember to December 2025
Foundation interviewDecember 2025
Final selection and announcementJanuary 2026
Award ceremony (mandatory)First week of March 2026

Obligations and keeping the scholarship

The award comes with commitments, and it can be suspended if you slip. Plan for these from day one.

  • Take part in Foundation activities. Scholars join the award ceremony, workshops, and community events the Foundation organizes.
  • Reach a real level of Korean. You must complete at least one Korean language course offered by the Foundation, or reach TOPIK Level 3 or higher.
  • Report your career after graduation. Scholars report their post-graduation progress back to the Foundation, which tracks its alumni network.
  • Keep your grades up. You must maintain a GPA equivalent to B0 (3.0 on a 4.5 scale, or 3.0 on a 4.3 scale) every semester. The Foundation does not accept cross-university GPA conversion; it follows each university's own grading system. Miss the threshold and the scholarship is suspended for the following semester.
  • Do not double up. Recipients may not hold other external scholarships at the same time. This is why the scholarship is marked "GKS inapplicable": you cannot combine it with the Global Korea Scholarship.

Is it worth applying for?

For the right candidate, yes, and the calculus is unusual. Because there is no separate application, the marginal effort of being considered is low: you have to get admitted anyway, and nomination is layered on top. The catch is that the number of awards is small (the Foundation has indicated on the order of 20 a year, and the Spring 2026 announcement lists the exact number as to be determined), and nomination is competitive within each university. Treat POSCO as one strong line in a wider funding plan, not your only plan.

The students who benefit most are those admitted to one of the six partner schools who also have a genuine leadership and contribution story and, ideally, some Korean. If that is you, the return on flagging your interest to your international office is high.

What to do next

  1. Confirm your nationality is on the current designated-country list and your field qualifies.
  2. Shortlist the partner universities that fit your degree and field. Start with the universities directory for the four with full profiles.
  3. Nail the prerequisite: graduate admission. Our graduate school in Korea guide and statement of purpose guide cover the application that decides everything.
  4. Compare your options carefully against GKS for graduate study and the wider field of fully funded scholarships in Korea, since you can only hold one.
  5. The moment you accept an admission offer, email that university's international office and ask how it nominates for the POSCO Global Scholarship.

Frequently asked questions

How do I apply for the POSCO Global Scholarship in Korea?
You do not apply to the Foundation directly. You apply for graduate admission to one of the six partner universities, and if admitted you can be nominated by that university. The Foundation then asks nominated candidates for a personal statement and interviews them online. So the real application is your university admission plus flagging your interest to that university's international office.
What does the POSCO Global 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.
Which universities are POSCO Global Scholarship partners?
Six: Seoul National University, Yonsei University, Korea University, POSTECH, the KDI School of Public Policy and Management, and the Academy of Korean Studies. You must be admitted to one of these to be nominated.
Is the POSCO Global Scholarship the same as the POSCO Asia Fellowship?
Yes. The POSCO Asia Fellowship is the former name of this scholarship. The POSCO TJ Park Foundation renamed it the POSCO Global Scholarship in Korea and widened it beyond Asian nationals and beyond STEM. The old name lingers because the Foundation kept it in its own plumbing: the program still lives at a web address under /asia/, the contact address is still asiafellowship@postf.org, and the scholars page is still headed "Scholarship for Asian Students Studying in Korea" even though the 2026 cohort includes American, Brazilian, and German scholars. Listing sites that still advertise an Asia-only, STEM-only, apply-direct POSCO Asia Fellowship are describing a program that no longer runs that way.
Is the POSCO Asia Fellowship still open to non-Asian students?
Yes, under its current name. The award now called 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. If an older page told you that you were ineligible because you are not Asian, or because you are not in a STEM field, check the current rules before you rule yourself out.
Who is eligible for the POSCO Global Scholarship?
New international students admitted to a master's, doctoral, or integrated master's-doctoral program at a partner university, who are citizens of one of the countries the Foundation designates for the cycle, majoring in the humanities, social sciences, or natural sciences and engineering. Korean and dual nationals are not eligible. TOPIK Level 2 or higher is preferred and gives you an edge in selection.
Can I hold the POSCO Global Scholarship and GKS at the same time?
No. Recipients may not hold other external scholarships concurrently, and the scholarship is explicitly marked GKS inapplicable. You choose one or the other.
Do I need to speak Korean to apply?
Not to apply, but it helps. TOPIK Level 2 or higher is preferred and counts in your favor at selection. Once you are a scholar, you must either complete a Foundation Korean course or reach TOPIK Level 3 or higher, and you must keep a GPA equivalent to B0 (3.0) each semester to keep the award.
How many POSCO Global Scholarships are awarded each year?
A small number. The Foundation's program materials have indicated on the order of 20 awards a year, and the Spring 2026 announcement lists the exact figure as to be determined. Nomination is competitive within each partner university.
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