🚗 Hyundai Motor Chung Mong-Koo Global Scholarship

Hyundai Motor Chung Mong-Koo Foundation — A corporate foundation scholarship, now for Korean Studies only.

Full tuition Korean studies Master·PhD

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Read this first
LevelGraduate degree programme — the Fall 2026 SNU call is level-neutral (it does not say Master's only). Older cycles explicitly funded Master's, combined Master–PhD and Doctoral tracks.
FieldKorean Language / Korean Studies ONLY from the 2026 academic year
CycleFall intake only — no new recipients were selected for Spring 2026
TuitionFull tuition and the admission fee, 100% covered
Monthly stipend1,000,000 ₩ (SNU Spring 2025) vs ≈1,200,000 ₩ (SNU Fall 2026) — the figure differs by cycle; check the current notice
ExtrasSettlement allowance 2,500,000 ₩ · completion bonus 1,000,000 ₩
CitizenshipA cycle-specific country list. The Fall 2026 SNU call included Uzbekistan; the list changes every cycle.
Apply viaThe host university's international office AND the Foundation portal, in parallel

When it usually opens

Usual monthsGraduate around December–January and around July · Exchange around February–March
How long it stays openThe exchange window stayed open about two weeks (20 Feb – 5 Mar 2025 per the Foundation's guidance; partner universities closed even earlier). The graduate calls publish no opening date at all — only a submission deadline set by the host college.

The graduate scholarship now funds Korean Studies only, and its dates appear on the host university's notice board rather than the foundation's.

A pattern from past cycles, not a date to apply by. Always check the official page before you plan around it.

Application windows

Graduate · Korean StudiesThe host university posts the call around July for the autumn intake and around December for the spring one. It publishes a submission deadline and no opening date, so ask the international office how long you have.
⚠️ Read off past cycles, not published as a schedule — confirm on the official site
Undergraduate exchangeThe foundation usually opens in late February and stays open about two weeks (20 Feb – 5 Mar in 2025), and your home university may close earlier (Universitas Indonesia: 17 Feb 2026). The Korean host university then runs its own application through April, with results in May.
⚠️ Read off past cycles, not published as a schedule — confirm on the official site

Overview

The Hyundai Motor Chung Mong-Koo Foundation is the philanthropic arm associated with Hyundai Motor Group. Its Global Scholarship funds students from designated partner developing countries to study at Korean partner universities, and it is delivered through those universities rather than through one central competition. Historically it covered Business/Economics, future-industry STEM, public policy and Korean Studies; from the 2026 academic year the Foundation narrowed the graduate scholarship to Korean Language / Korean Studies, Fall intake only. The Fall 2026 country list added several African countries alongside the Southeast Asian core — and included Uzbekistan.

Who can apply

What it covers

Financial support

Tuition100% of tuition + the admission fee
Monthly stipend1,000,000 ₩/month (Spring 2025) · ≈1,200,000 ₩/month (Fall 2026) — two official cycles, two figures
Settlement2,500,000 ₩, one-time
BonusCompletion bonus 1,000,000 ₩, one-time
DurationOlder policy: Master's up to 4 semesters, combined Master–PhD up to 10, Doctoral up to 8. Not confirmed for the narrowed 2026 programme.

How to apply — step by step

  1. Secure admission to an eligible programme
    You need admission — or admissibility — to a graduate programme at a Korean partner university in an eligible field, which for the current cycle means Korean Language / Korean Studies.
  2. Apply in two places at once
    Follow YOUR OWN department's notice first: some collect the whole file themselves — SNU's Korean History programme took it by departmental email — while others send you to the university's international office and to the Foundation's portal at cmkfoundation-globalscholarship.org as well. Submitting to only some of the places your notice lists is the most common way an otherwise good file goes nowhere.
  3. University screening and recommendation
    The university's international office screens applicants and forwards the candidates it recommends to the Foundation.
  4. Foundation interview
    The Foundation interviews the recommended candidates and makes the final selection.
  5. Results and enrolment
    Results are announced by email; selected students then complete their university admission and enrol.

Required documents

Useful guides & documents

Frequently asked questions

Is this the same as the Global Korea Scholarship (GKS)?

No. GKS is a government scholarship run by NIIED; this one is funded by a corporate foundation and delivered through partner universities. SNU notices state explicitly that GKS scholars are not eligible for certain CMK calls.

Can I apply from Uzbekistan?

Uzbekistan was on the country list for the Fall 2026 SNU call, so yes for that cycle. But the list is set per cycle — the 2025 cycles covered eight ASEAN countries only — so confirm on the current notice before you start preparing.

Do I need a government job or a government nomination?

No. Unlike KOICA, this is an ordinary student scholarship: the nomination comes from a university, not from a government ministry.

Can I study any subject?

No. From the 2026 academic year the graduate scholarship covers Korean Language / Korean Studies only. Business/Economics, STEM and public-policy tracks appear in older notices and in most blog guides, but they are not part of the current programme.

Is PhD funding still available?

Not ruled out, but not explicitly confirmed either. Older cycles funded combined Master–PhD and Doctoral tracks, and the Fall 2026 SNU call speaks of the 'graduate degree program' without limiting it to Master's — so its text does not exclude PhD applicants. It also does not list the levels, so ask the host department rather than relying on an older guide.

What is the exact deadline for the Fall 2026 call?

There is no single date — each department publishes its own. The university-wide call went up on 2026-07-01 without a closing date, and the departments then set theirs: SNU's Korean History programme, for instance, closed on 7 July 2026 at 14:00, submitting to a departmental email address. So the deadline that binds you is the one on your own department's notice, and it can be only days after the call appears.

Which stipend figure is correct — 1,000,000 or 1,200,000 ₩?

Both are official, for different cycles: 1,000,000 ₩ in the SNU Spring 2025 guideline and about 1,200,000 ₩ in the SNU Fall 2026 notice. There is no reconciled single figure, so read the notice for your own cycle and treat the other number as historical.

Where exactly do I apply?

To two places at once: your host Korean university's international office, and the Foundation portal at cmkfoundation-globalscholarship.org. The Foundation runs three official domains: hyundai-cmkfoundation.org (the Foundation itself), cmkfoundation-globalscholarship.org (the English Global Scholarship portal) and cmkfoundation-scholarship.org (the Korean-language scholarship site). A plain "cmkfoundation.org" is not one of them.

Official site

https://www.hyundai-cmkfoundation.org/en/main

Application portal: https://www.cmkfoundation-globalscholarship.org/

Sources

Amounts, quotas and deadlines may change every year. Verify on the official site before applying.

Last updated: 2026-09-23

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