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Seoul Future Foundation to award scholarships to exchange students in global talent push

Korea Times Southkorea South Korea
Seoul Future Foundation to award scholarships to exchange students in global talent push
For many Korean university students, the dream of a semester abroad often collides with the harsh reality of soaring international inflation and travel costs. On Friday, the Seoul Future Talent Foundation unveiled a scholarship program that will provide up to 5.5 million won (approximately $4,100) to students heading overseas this fall. The Seoul Global Exchange Student Scholarship aims to support 60 undergraduate students scheduled for departure in the second half of 2026. With a total fund of 307.5 million won, the program differentiates its support based on the destination's cost of living. Students heading to universities within Asia are eligible for a 4 million won scholarship, while those traveling to non-Asian regions — typically involving higher tuition and living expenses in North America or Europe — can receive the maximum grant of 5.5 million won. The initiative, which has been a staple of the city’s educational support system since 2014, is introducing a new mentorship component this year. Recognizing that financial aid is only one part of the equation, the foundation
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