S. Korea hopes to attract international students to tackle its declining school-age population. Read more at straitstimes.com.
SEOUL – South Korea’s Ministry of Education on Wednesday unveiled a five-year plan aimed at attracting 300,000 international students to tackle the nation’sand strengthen the competitiveness of local universities already reeling from enrolment shortages.
Through the fully funded Global Korea Scholarship, it will provide financial aid for 2,700 international students studying science and engineering in master’s and doctoral programmes by 2027. The scholarship will also support 6,000 non-science-subject students. “We are in desperate need of nurturing talent at a time when the war for technological supremacy is intensifying. Japan, for example, has set a target of attracting 400,000 foreign students by 2033. Now is the time to attract foreign talent strategically,” Mr Lee said during a press briefing at the Government Complex Seoul.
Once the scheme takes effect, students with a master’s or doctoral degree in science and technology can receive permanent resident status or South Korean citizenship in three years instead of six. The ministry will also inject 80.7 billion won into universities’ graduate school support projects. This aims to improve the universities’ academic climate and capacity to respond to societal changes, and enhance the quality of the international student experience on campus.
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