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).