πŸš— Hyundai Motor Chung Mong-Koo Global Scholarship

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

Full tuition Korean studies MasterΒ·PhD

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LevelMaster's (Fall 2026 call, per SNU). Older cycles also funded combined Master–PhD and Doctoral tracks.
FieldKorean Language / Korean Studies ONLY from the 2026 academic year
CycleFall intake only β€” no new recipients were selected for Spring 2026
TuitionFull tuition and the admission fee, 100% covered
Monthly stipend1,000,000 β‚© (SNU Spring 2025) vs β‰ˆ1,200,000 β‚© (SNU Fall 2026) β€” the figure differs by cycle; check the current notice
ExtrasSettlement allowance 2,500,000 β‚© Β· completion bonus 1,000,000 β‚©
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

Deadlines

🟑 Fall 2026 Β· graduate call (SNU, Korean Studies)The call exists β€” SNU posted it on 2026-07-01 β€” but the notice states no closing date. Do not assume a month: ask the university's international office for the exact date.
⚠️ Not confirmed on the official site β€” verify before relying on it
πŸ”΄ Spring 2025 Β· graduate (SNU)College submission by 2025-01-03 (SNU Spring 2025 guideline PDF)
⚠️ Not confirmed on the official site β€” verify before relying on it
πŸ”΄ Undergraduate exchange 2025–2026Foundation application 20 Feb β†’ 27 Mar 2025; Korean university application 1 Apr β†’ 30 Apr 2025 (partner-university guidance)
⚠️ Not confirmed on the official site β€” verify before relying on it
πŸ”΄ Undergraduate exchange 2026–202717 Feb 2026 β€” closed (Universitas Indonesia notice)
⚠️ Not confirmed on the official site β€” verify before relying on it

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 β€” and included Uzbekistan.

Who can apply

What it covers

Financial support

Tuition100% of tuition + the admission fee
Monthly stipend1,000,000 β‚©/month (Spring 2025) Β· β‰ˆ1,200,000 β‚©/month (Fall 2026) β€” two official cycles, two figures
Settlement2,500,000 β‚©, one-time
BonusCompletion bonus 1,000,000 β‚©, 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 β€” step by step

  1. Secure admission to an eligible programme
    You need admission β€” or admissibility β€” 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
    Submit to the host university's international / global affairs office AND to the Foundation through cmkfoundation-globalscholarship.org. Doing only one of the two 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 β€” the 2025 cycles covered eight ASEAN countries only β€” 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 confirmed. Older cycles funded combined Master–PhD and Doctoral tracks, but SNU describes the restructured programme in Master's terms only. Ask the host university rather than relying on an older guide.

What is the exact deadline for the Fall 2026 call?

It was not published. SNU posted the call on 2026-07-01 without stating a closing date, so this entry does not name one. Contact the international office of the university you are applying to; any specific date you see elsewhere is a guess.

Which stipend figure is correct β€” 1,000,000 or 1,200,000 β‚©?

Both are official, for different cycles: 1,000,000 β‚© in the SNU Spring 2025 guideline and about 1,200,000 β‚© 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. Note that the foundation site is hyundai-cmkfoundation.org β€” a plain "cmkfoundation.org" is not the official domain.

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: 2026-08-17

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