Cost of Studying in South Korea:
Tuition & Living Expenses
*T&C Apply
Why do Indian Students Choose to Study in South Korea?
Focus on Technology and Innovation: South Korea has a well-developed ecosystem in areas like technology, engineering, and research, offering relevant exposure for students in these fields.
Student-Friendly Learning Experience: Many universities provide structured academic support, modern infrastructure, and access to research facilities, contributing to a well-rounded educational experience.
Affordable Study Options: Tuition fees in South Korea are relatively moderate compared to many popular study destinations. International students are often charged similar fees as domestic students, with costs varying depending on the programme and university.
Strong Academic Environment: Universities in South Korea are known for maintaining high academic standards, with several institutions recognised globally for their teaching and research quality.
Source: https://www.mastersportal.com/countries/117/south-korea.html
Tuition Fees in South Korea
| Degree Level | Tuition Fees (KRW/year) | Approx. Tuition Fees (INR/year) | Highlights |
|---|---|---|---|
| Undergraduate | ₩4,000,000 – ₩6,500,000 | ₹2,50,000 – ₹4,10,000 | Most affordable entry-level programmes with globally recognised degrees. |
| Master’s | ₩5,000,000 – ₩ 7,500,000 | ₹3,15,000 – ₹4,70,000 | Offers advanced learning and strong research opportunities. |
| Doctoral (PhD) | ₩6,000,000 – ₩ 8,500,000 | ₹3,75,000 – ₹5,30,000 | Focused on research, innovation, and academic excellence. |
Note: These are approximate costs. Actual tuition fees may vary depending on the university, programme, and additional charges. Always check the official website of your chosen institution for the most accurate and updated fee details.
The above costs are approximate and based on an exchange rate of ₩1 ≈ ₹0.063. Actual tuition fees may vary depending on the university, programme, and prevailing exchange rates.
Student Visa and Application Fees
Indian students planning to study in South Korea need to apply for a Student Visa (D-2). Below are the details:
| Category | Amount |
|---|---|
| Visa Application Fee | USD 60 – 90 (₹5,640 – ₹8,460 approx.) |
| Minimum Financial Requirement | ₩20,000,000 (₹12,50,000 approx.) |
Source: https://gsc.korea.ac.kr/usr/international/student_visa.do
Cost of Living in South Korea
| Expense Category | Average Monthly Cost (KRW) | Average Monthly Cost (INR) |
|---|---|---|
| Accommodation | ₩400,000 – ₩800,000 | ₹25,000 – ₹50,000 |
| Food | ₩300,000 – ₩500,000 | ₹18,750 – ₹31,250 |
| Transportation | ₩50,000 – ₩100,000 | ₹3,125 – ₹6,250 |
| Utilities (electricity, water, etc.) | ₩50,000 – ₩100,000 | ₹3,125 – ₹6,250 |
| Internet & Mobile | ₩30,000 – ₩50,000 | ₹1,875 – ₹3,125 |
| Health Insurance | ₩100,000 | ₹6,250 |
| Miscellaneous (entertainment, shopping, etc.) | ₩50,000 – ₩150,000 | ₹3,125 – ₹9,375 |
Disclaimer: The above costs are approximate and based on an exchange rate of ₩1 ≈ ₹0.063. Actual tuition fees may vary depending on the university, programme, and prevailing exchange rates.
The cost of living in South Korea can vary depending on the city, lifestyle, and accommodation choices, so many students consider options like an education loan to help manage their overall expenses.
Source: https://ieltsidpindia.com/blog/cost-of-living-in-korea
Budgeting Tips to Manage Expenses in South Korea
-
Choose Smart Accommodation:Opt for university dorms or shared apartments to save big rent.
Cook Like a Local: Home-cooked meals beat eating out: delicious, cheaper, and healthier!
Hop on Public Transport: Grab a monthly metro/bus pass and explore the city without burning a hole in your pocket.
Shop Smart: Hit local markets, discount stores, and convenience shops for groceries and essentials.
Track Every Won: Use apps or a simple notebook to monitor your spending; small savings add up!
Leisure on a Budget: Take advantage of student discounts on movies, events, and attractions.
Set Weekly Limits:Allocate a budget for entertainment to avoid overspending.
Total Cost of Studying in South Korea
| Cost Component | Estimated Range (KRW/year) | Approx. Range (INR/year) | Notes |
|---|---|---|---|
| Tuition Fees | ₩4,000,000 – ₩ 8,500,000 | ₹2,50,000 – ₹5,30,000 | Varies by degree: UG, Master’s, PhD |
| Accommodation | ₩4,800,000 – ₩ 9,600,000 | ₹3,00,000 – ₹6,00,000 | University dorms or private apartments |
| Food | ₩3,600,000 – ₩ 6,000,000 | ₹2,25,000 – ₹3,75,000 | Home-cooked or occasional dining out |
| Transportation | ₩600,000 – ₩ 1,200,000 | ₹37,500 – ₹75,000 | Monthly metro/bus passes |
| Utilities | ₩600,000 – ₩ 1,200,000 | ₹37,500 – ₹75,000 | Electricity, water, etc. |
| Internet & Mobile | ₩360,000 – ₩ 600,000 | ₹22,500 – ₹37,500 | Basic internet and mobile plan |
| Health Insurance | ₩ 1,200,000 | ₹75,000 | Mandatory for students |
| Miscellaneous (entertainment, shopping, etc.) | ₩ 600,000 – ₩ 1,800,000 | ₹37,500 – ₹1,12,500 | Personal expenses, leisure |
Estimated Total Annual Cost:
- Low Budget: ~₩15,820,000 / ₹9,90,000
- High Budget: ~₩29,160,000 / ₹18,50,000
Disclaimer: The above costs are approximate and based on an exchange rate of ₩1 ≈ ₹0.063. Actual tuition fees may vary depending on the university, programme, and prevailing exchange rates.
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