The minimum fund requirement depends on the study program you have chosen and the location of your University. The table below lists the details:

Study program

Min. Bank Balance Required (in USD)

Bachelor's, Master's, PhD programs in Universities in the national capital region

15,000

Bachelor's, Master's, PhD programs in Universities in local region

13,000

Exchange students (less than 12 months)

Enough money to cover the whole cost of your stay in Korea