10 Street Name, City Name
Country, Zip Code
555-555-5555
mymail@mailservice.com
A "foreign educational institution" refers to a branch school established in Korea by a foreign university in accordance with the Foreign Educational Institutions Act. It's also possible to establish a joint venture between a domestic educational corporation and a foreign one, giving rise to what the Korean government deems as an 'international school'. Currently, there are only five universities in the Incheon Global Campus that qualify as foreign educational institutions. Despite the operating foundation's claim that these schools are expandable campuses with the same status as the main school, they remain inconsistent with this assertion.
These institutions were established to cater to the growing demand for studying abroad among Koreans and foreigners staying in Korea. Being located in Korea makes commuting easier, and all degrees and diplomas are treated equally to those obtained from the foreign main schools. This means that graduates can easily immigrate and advance abroad.
Although tuition at foreign universities is typically more expensive than at domestic universities, these institutions use small educational sites inside free economic zones as campuses, which results in lower maintenance costs compared to the main schools. Additionally, the cost of living in Korea is lower than in the students' home countries.
Currently, all foreign educational institutions in Korea are foreign national and public universities. The Netherlands Shipping and Transport College, run by the Dutch-based STC-Group, was the only private university and has since closed down.
A "foreign educational institution" is a school established and operated in Korea by a foreign educational corporation in accordance with foreign laws and regulations. In contrast, "foreign schools" refer to various types of schools established to provide education for foreign children and Koreans who have lived abroad for a certain period of time and returned to Korea, in accordance with the Elementary and Secondary Education Act. A key distinguishing factor between what the Korean government deems to be an 'international school' or a 'foreign school' is that an international school would be an institution established within a free economic zone, although there are some variables that impact that designation.
Foreign educational institutions have the option to establish campuses in free economic zones and Jeju Free International City. However, the current universities have only been established in the 1st, 2nd, and 3rd free economic zones, and not in the 4th and 5th free economic zones or Jeju Free International City, due to various circumstances.
Sejong Joint Campus
(Foreign educational institutions can be attracted to establish campuses in free economic zones due to the support provided at that level. However, it appears unlikely that any new foreign educational institutions will be attracted in the near future, as all foreign universities that have expressed an interest in moving to these zones have failed to do so.)
#402, Ace Techno Tower 10-cha, 196, Gasan digital 1-ro,
Geumcheon-gu, Seoul, Korea
82-010-2590-1736
koreainternationalschoolnetwork@gmail.com