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Campus Life

Creating harmony for a heathy, balanced life

Lotte Scholarship Foundation – GIST Scholarship Program

Lotte Scholarship Foundation – GIST Scholarship Program

Lotte Scholarship Foundation-GIST Scholarship Program is designed to provide international students with opportunities to study at GIST. Applicants with superior qualifications will have the opportunity to receive a scholarship from the Lotte Foundation beginning with the 2019 Fall semester.

One-time Settlement Allowance

Provided after entering Korea: 200,000 KRW

Monthly Allowance

(M.S.) 900,000 KRW per month / (Ph.D.) 1,100,000 KRW per month

  • This will be directly transferred to the student’s school bank account.
  • Additional allowances may be received by students who participate in research projects.

Period of Scholarship

(M.S.·Integrated) 2 years / (Ph.D.) 4 years

  • Integrated program students will receive 900,000 KRW per month during the first year and 1,100,000 KRW per month during the second year.

Requirements

- Must have a minimum GPA 3.5 out of 4.5 for the previous semester(excl. new students)

- Must have at least 9 credits per semester(excl. an exception for completing all credits)

Important Caveats

- The scholarship can be terminated for various reasons, including :

  • Leave of absence, disciplinary action, withdrawal from school, etc.

• When requested by the Dept. chair with valid reasons

  • When cancelled by the Lotte Scholarship Foundation (In this case, students will be changed to government sponsored students.)

Additional benefits provided by GIST

Airfare

One-way Airfare Reimbursement (Entry to Korea): An economy class ticket from the student’s home country to Korea

Tuition

Fully covered: 3,415,000 KRW per semester

Housing

On-campus Dormitory(Double or Triple Room) or Apartment for Married Students

  • The student is responsible for any deposit, fees and utilities which will be charged separately.
Medical Checkup

25,000 KRW(offered once a year)

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