On August 16, 2023, the Korean Ministry of Education announced a new education project to attract 300,000 international students by 2027 (Doubling compared to 2022). That is the 300,000 people studying abroad in Korea Project (Study Korea 300K Project). This project mainly attracts STEM (science, technology, engineering, mathematics) talents and attracts learners to schools outside large urban areas such as Seoul to develop the local economy. .
In order for the project to go smoothly, the Korean government will relax visa regulations such as expanding the range of accepted foreign language certificates, reducing minimum bank balances, increasing limits on overtime hours, and withdrawals. Shorten the approval time for permanent residency and Korean citizenship for graduate students graduating in STEM fields..., according to University World News.
However, the Korean Ministry of Education also proposed to lower the entry standards for Korean foreign language proficiency for international students.
The full scholarship program from the Korean government will also increase the number of places, mainly for regional universities (such as rural areas) or universities with STEM training programs. In addition, other ministries will also support scholarship programs and research activities.
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Source: Thanh Nien Newspaper
