Shared Prosperity Korea Scholarships in South Korea [Fully Funded] 2026

Shared Prosperity Korea Scholarships – A Gateway to Global Education

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Applications are now being welcomed for the Shared Prosperity Korea Scholarships for the academic tenure of 2026–27. This esteemed scholarship program opens its doors to international scholars from developing nations, providing them with a transformative opportunity to study in South Korea under the auspices of SUNY Korea’s Share Scholarship initiative. Designed to empower intellectually gifted yet financially restrained students, this program supports those aspiring to pursue Bachelor’s, Master’s, or Doctoral degrees within the nation’s academic landscape. These Fully Funded Scholarships extend a beacon of possibility to learners across the globe.

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Description:

Scholarship Country South Korea
Host University SUNY Korea
Course Level Undergraduate, Master’s & PhD Degrees
Financial Coverage Fully Funded
Who is Eligible? International Students
Deadline Date 25th June 2026

About the Shared Prosperity Award

The Shared Prosperity Scholarship stands as a prestigious financial endowment enabling students to pursue undergraduate studies in Korea without fiscal burden. Beneficiaries of this grant will enjoy complete or partial tuition coverage, inclusive of course-related expenditures and complimentary residential lodging. This opportunity is particularly curated for students hailing from developing economies—a commendable gesture for those seeking academic elevation during the 2026–27 session.

Founded in March 2012 and located in the bustling city of Incheon, SUNY Korea holds the distinction of being the first American university on Korean soil. As a vanguard of higher learning, it embodies the essence of global academic collaboration. The institution’s mission revolves around delivering superior educational quality, inviting ambitious students from every corner of the world to partake in its expansive array of undergraduate and postgraduate disciplines.

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Beyond academics, SUNY Korea ensures a harmonious campus life, offering affordable housing, numerous scholarships, and vibrant student activities. The university’s pedagogical approach merges rigorous academic instruction with holistic personal development, nurturing scholars who not only excel intellectually but also embody global citizenship.


Financial Coverage of the Shared Prosperity Korea Scholarships

The Shared Prosperity Korea Scholarships 2026–27 encompass a wide range of financial privileges to assist students in achieving their educational ambitions in South Korea.

Key Benefits Include:

  • Full or partial tuition fee coverage, determined by academic distinction

  • Comprehensive course fees covered

  • Free on-campus accommodation for scholars

Scholarship Value & Categories

Category Type Amount Notes
Scholarship Presidential Scholarship 100% Renewable for 1 semester
Provost Scholarship USD 7,500 per semester Renewable for 1 semester
Shared Prosperity Scholarship 100% For SBU International Students Only – Renewable for up to 7 semesters
Global Development Award 100% For SBU Students Only – Renewable for up to 7 semesters
Merit Scholarship USD 2,500 – 10,000 per semester Renewable for 1 semester
Encouragement Award USD 1,000 – 5,000 per semester Non-renewable
Sibling Scholarship USD 5,000 per semester Renewable for up to 7 semesters
Financial Aid Need-Based Assistance USD 1,000 – 10,000 per semester Renewable for 1 semester

Note: Applicants must submit their scholarship and financial aid documentation concurrently with their online admission application. Continuing students can apply for additional financial support through their respective departments.

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Required Documentation

Applicants are obligated to provide the following supporting documents during the application process:

  • Photocopy of passport

  • Pre-qualification degree certificate

  • Official academic transcripts

  • A compelling statement of purpose

  • English Language Proficiency Certificate (requirements may vary by course)

Admission Requirements:
To gain entry into a Bachelor’s program at SUNY Korea, students must possess outstanding high school credentials or an equivalent qualification demonstrating academic excellence.

Language Proficiency:
An English proficiency credential is mandatory, though specific thresholds differ according to academic discipline.

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Eligibility Criteria for Shared Prosperity Korea Scholarships

Candidates aspiring for this scholarship must satisfy the following prerequisites:

  • Must be a citizen of a developing country.

  • Eligible for all Bachelor’s degree programs offered by SUNY Korea.

  • Possess an exceptional academic track record and demonstrate notable results in standardized tests.

  • Showcase leadership potential, distinct talents, or community engagement, evidenced through volunteering, extracurriculars, or non-academic pursuits.


Application Deadlines

Spring 2026 Intake:

  • 1st Priority Deadline: August 4, 2025 – September 25, 2025

  • 2nd Priority Deadline: September 26, 2025 – December 18, 2025

  • Final Deadline: December 19, 2025 – January 20, 2026

Non-Korean applicants are strongly advised to apply before the 2nd Priority Deadline (December 18, 2025) to ensure ample time for visa processing. Those who apply by the 1st Priority Deadline will receive enhanced consideration for scholarship allocation.

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Fall 2026 Intake:

  • 1st Priority Deadline: October 13, 2025 – December 18, 2025

  • 2nd Priority Deadline: December 19, 2025 – March 19, 2026

  • Final Deadline: March 20, 2026 – June 25, 2026

Similarly, non-Korean applicants should finalize submissions before March 19, 2026, to facilitate timely visa processing.


Application Procedure

Prospective students applying for any Undergraduate, Postgraduate, or Doctoral program at SUNY Korea will be automatically considered for the Shared Prosperity Korea Scholarships 2026–27 upon completing their admission applications.

For detailed information and access to the official advertisement, applicants are encouraged to visit the official SUNY Korea scholarship portal.

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