Applications are invited for Hyundai Scholarship from full-time masters or doctoral students. Awards are made annually to both South Korean and U.S. citizens.
The program is also designed to interest American scholars in Korea and to further the bilateral cultural, economic, and political exchanges between the United States and the Republic of Korea.
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Awards (fees excluded) are limited, but are up to $20,000 (full-time) or up to $10,000 (part-time) for the academic year.
Incoming Korean students must have minimum TOEFL scores of 600 on the written test or 105 on the internet-based exam or an IELTS overall band score of 7.0 (with no individual band below 6.0).