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FINANCE

Refund Policy

Sub-Section 2 Article 52 (Refund)

Prepaid tuition shall be refunded in the following cases

  • 1In case of overpayment, the excess amount will be refunded.
  • 2In case a student is unable to continue with his/her studies due to an illness, death, or natural disaster according to the School's regulations.
  • 3In case an admitted student submits a withdrawal letter.
  • 4In case an enrolled student submits a Voluntary Withdrawal Letter.
  • 5In case a student is unable to continue with his/her studies due to other unavoidable circumstances.

The amount of refund in cases 2 to 5 will be decided following the schedule

Occurrence of the Incident Amount to be Refunded
Before admission date or the semester starts Full amount of tuition
Before 4weeks(28 days) of the semester starts Five Sixths(5/6) of tuition
After 4weeks(28 days) but before 7weeks(49 days)of the semester Two third(2/3) of tuition
After 7weeks(49 days) but before 10weeks(70 days)of the semester half(1/2) of tuition
After 10weeks(70 days) of the semester has passed No refund

Student Loan information

If you need to apply for a student loan, please visit https://www.kosaf.go.kr/ (Korean Citizens only).