As of April 2021, the average annual tuition fees for medical students at universities in South Korea averaged at around 9.76 million South Korean won, followed by the department of arts and sports. Humanities and social sciences students spent an average of about six million South Korean won per year.
University tuition increasing every year
University tuition fees are slowly increasing each year and reached around 6.73 million South Korean won in 2020. Some university students work part-time to help cover their tuition. In response, the government has pressured universities not to raise their tuition fees in order to guarantee the basic life of the younger generation. Accordingly, the tuition fees of public universities have remained unchanged at around 4.18 million South Korean won in recent years. Private universities are still raising their tuition every year as their financial management is somewhat free from government regulations.
Higher education in South Korea
There are many universities and colleges in Korea, but the competition is very high in order to get accepted into a high-achieving university. Therefore, students try to increase their competitiveness from a young age through private after school tutoring. Furthermore, universities are putting efforts into building better research environments. In 2021, Seoul National University received about 593 billion South Korean won towards funding research and was subsequently ranked as the university with the most research funding.
Average yearly tuition fees of universities in South Korea as of April 2021, by major
(in million South Korean won)
Characteristic
Average yearly tuition fees in million South Korean won
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MOE (South Korea). (April 30, 2021). Average yearly tuition fees of universities in South Korea as of April 2021, by major (in million South Korean won) [Graph]. In Statista. Retrieved July 03, 2022, from https://www.statista.com/statistics/715561/south-korea-tuition-fees-for-university-by-major/
MOE (South Korea). "Average yearly tuition fees of universities in South Korea as of April 2021, by major (in million South Korean won)." Chart. April 30, 2021. Statista. Accessed July 03, 2022. https://www.statista.com/statistics/715561/south-korea-tuition-fees-for-university-by-major/
MOE (South Korea). (2021). Average yearly tuition fees of universities in South Korea as of April 2021, by major (in million South Korean won). Statista. Statista Inc.. Accessed: July 03, 2022. https://www.statista.com/statistics/715561/south-korea-tuition-fees-for-university-by-major/
MOE (South Korea). "Average Yearly Tuition Fees of Universities in South Korea as of April 2021, by Major (in Million South Korean Won)." Statista, Statista Inc., 30 Apr 2021, https://www.statista.com/statistics/715561/south-korea-tuition-fees-for-university-by-major/
MOE (South Korea), Average yearly tuition fees of universities in South Korea as of April 2021, by major (in million South Korean won) Statista, https://www.statista.com/statistics/715561/south-korea-tuition-fees-for-university-by-major/ (last visited July 03, 2022)