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General Notice

Fall 2022 Tuition Installment Plan for Undergrad & General Grad School 2022.06.22
Sinchon/International Financial Accounting Team

<Fall 2022 Semester Instruction of Tuition Installment Plan(TIP) for Undergraduate and General Graduate School>



[Application period]

 June 27, 2022 (Mon.) - August 12, 2022 (Fri.) 

(Application is available during the given period ONLY.)


[Students NOT qualified for TIP]

▶ Freshmen, Re-admitted students, Transfer students for Fall 2022 Semester (the first semester)

▶ Students who have applied for a government-guaranteed students loan

▶ Students who have applied for research guidance without registered credit (12/100 payment)

Students who failed to make one of the payments during the last semester’s tuition installment plan

▶ For 4 installments, scholarship or extra semester reduction of an amount greater than 3/4 of tuition.

▶ For 2 installments, scholarship or extra semester reduction of an amount greater than 1/2 of tuition.



[Application and change procedures]

▶ Visit the Yonsei portal system (http://portal.yonsei.ac.kr/main/indexe.jsp) → Tuition and payment → Registration → Installment Payment



[Periods and methods of TIP]

Installment

Registration Period

Tuition

Method

2

Installments

1st

Aug. 19, 2022 - Aug. 25 17:00

50% of tuition + Miscellaneous fees

Deposit in Woori Bank virtual account

(Credit card is NOT available)

2nd

Oct. 14, 2022 - Oct. 17 17:00

50% of tuition

4

Installments

1st

Aug. 18, 2022 - Aug. 25 17:00

25% of tuition + Miscellaneous fees

2nd

Sep. 23, 2022 - Sep. 26 17:00

25% of tuition

3rd

Oct. 14, 2022 - Oct. 17 17:00

4th

Oct. 28, 2022 - Oct. 31 17:00

* Please keep in mind that deadline for each payment is 17:00 (KST) on last day of each period



[Please Note]

▶ Credit card payments are NOT available for TIP applicants

▶ Students returning to school can apply for the installment payment plan before applying to return.

▶ If the 1st payment is not made properly, the TIP will be automatically canceled, and the full tuition must be paid during the additional application period (September 8 - 14, 2022)

If the TIP is not paid properly, the TIP will be automatically canceled, and the full remaining balance must be paid immediately. If the balance is not paid, it’s considered unregistered, and the semester cannot be completed according to the school regulations (NOT CARRIED OVER TO NEXT PAYMENT)

▶ Overseas remittance must be confirmed within the scheduled payment period. Consider bank charges and exchange rates when sending from overseas. (The full amount must be confirmed) Overpaid tuition will be returned to the bank account registered at Yonsei Portal.

If the TIP is not paid on time, the application for TIP for the next semester is restricted.

If the application is completed, the date and time of application will be displayed on the screen

▶ Applications for installment payment can only be made during the designated period, and if not qualified, they will be canceled without notice.

▶ If there’s a reduction (taking an extra semester or receiving scholarships), the amount of TIP is calculated on the basis of full tuition, and the amount of reduction will be deducted from the final payment

    ex.  Tuition: KRW 4,120,000, 4 installment, KRW 1,000,000 scholarship (Sum payment: KRW 3,120,000)

    → You need to pay for 1st, 2nd, 3rd: KRW 1,030,000, 4th: KRW 30,000

 


Vice President for General Affairs,

Yonsei University