News - Asia

In 2009, South Korea implemented a tuition fee moratorium that was effectively mandatory for universities. Institutions that attempted to increase fees were subject to financial penalties to enforce this policy. The University of Seoul implemented the "half-price" tuition policy in 2012, which served to further solidify this policy. The tuition fee freeze and halving significantly reduced the university's annual cost to approximately 2.4 million won ($1,820), which is under the jurisdiction of the Seoul Metropolitan Government.