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Tuition & Scholarships
EIC tuition
Tuition, including admission fee, is KRW 13,337,800 (approx. USD 12,000) for the academic year of 2014,
a rate much more affordable than that of a comparable private university in the United States.
There are several types of scholarships for EIC students.
EIC scholarship for entering students
This scholarship is awarded to both Korean and international students who are admitted to EIC through a college-level competition of their academic credentials and a comparison of their financial circumstances. It is in the form of a two- or four-year tuition waiver, and it requires that students receive 3.5 or higher on the 4.3 GPA scale each semester. Failure to obtain the required GPA cancels the scholarship for the following semester.
EIC scholarship for enrolled students
This scholarship is awarded to EIC students who receive the highest GPA or require financial support for an urgent reason. It is awarded each semester through a college-level comparison of the applications, and amounts to a full, half or third of tuition depending on the number of eligible students.
Cheongpa Scholarship
The Cheongpa Scholarship Foundation awards this scholarship (KRW 1,000,000 up to 1,500,000 per student) each semester to both Korean and international students through a campus-wide competition of their academic records and leadership activities.