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2019 BBA Cost Schedule

The amount of tuition you pay your first semester at SolBridge remains unchanged during your entire time in the BBA program. Other costs are subject to change; residence, breakfast, activity, and medical fees are reviewed every semester. The estimated costs for one year are included now so you can do a general budget for your first year at SolBridge. For further cost inquiries, please send an email to info@solbridge.ac.kr.

EXPLANATION OF COSTS

The SolBridge academic year consists of two assessment periods, one in the spring and one in the fall. Each assessment period is in the form of a fifteen-week semester followed by an additional six-week inter-session semester (six weeks in the summer for the spring semester, six weeks in the winter for the fall semester). There is a five-week study break which separates each assessment period. Students are expected to stay at SolBridge during each full assessment period. Students may stay during the summer or winter five-week study breaks if they wish to participate in internships, academic programs, or for personal reasons. Apart from tuition, students must cater for other expenses including the dormitory, meals, health insurance, and dormitory security deposit without exception during their stay at SolBridge.

Cost schedule

The BBA program is designed around the completion of seven assessment periods to earn a Bachelor’s Degree. In the table below, a typical full year of costs is presented. Students who follow the seven assessment period schedule will graduate in three and a half years compared with the four years required by most other Korean institutions.

A typical Full-year BBA Program Cost schedule for Spring 2019 and Fall 2019

Spring 2019 Summer 2019 Fall 2019 Winter 2019 Annual
16 weeks 6 Weeks
Summer 1: 3 Weeks
Summer 2: 3 Weeks
16 weeks 6 Weeks
Winter 1: 3 Weeks
Winter 2: 3 Weeks
Costs USD
Enrollment Fee $650 $650 $650
Orientation Fee $122 $122 $122
Medical Insurance $81 Yearly $81 $81
Tuition $5,037 $742 $5,037 $742 $11,558
Residence $728 $273 $728 $273 $2,002
Breakfast fee $336 Not offered $ 336 Not offered $672
Activity Fee $100 $100 $200
Total First Year $7,054 $1,015 $7,054 $1,015 $16,138
Total Second Year $6,282 $1,015 $6,282 $1,015 $14,594

National Health Insurance Policy for International Students in Korea

As a result of the new Korean Government Regulation, effective July 16, 2019, all foreign residents in Korea will automatically be registered to the National Health Insurance. All international students are required to make a monthly payment of 56,525 KRW (This is a 50% student discount from the initial amount of 113,050 KRW).

This payment applies to all students (D2 and D4 visa holders) including regular, transfer or exchange students. The policy seeks to provide equal medical services to everyone residing in Korea, both Koreans and foreigners.

Students leaving Korea for more than one month can terminate the service and renew it upon re-entry to Korea.

If you have any questions please contact National Health Insurance Service by calling 033-811-200 or visiting the National Health Insurance Service website http://www.nhis.or.kr/static/html/wbd/g/a/wbdga0101.html


Please note:

Enrollment fee is a one time fee paid by all first semester students (freshmen and transfer).

The orientation fee is a one time fee paid by all first semester students. It covers meals and accommodation during our Team Building (Orientation) week.

Fees do not include bus fare from the airport.

Residence does not provide bedding, sheets, or pillows.

All first year students (freshman and transfer) must get an Alien Registration Card upon arrival in Korea. Korean Immigration charges $31 for the Alien Registration Card. It is similar to the Korean ID card and must be carried with you at all times.

All full time students must purchase Korean medical insurance. Current cost is $115 annually.

Tuition for a year ranges between $10,074 ~ $11,558. The $11,588 amount reflects taking intersession classes (Winter 1, Winter 2, Summer 1, Summer 2).

Download Tuition Policy

Listed prices are meant to act as a guide regarding your costs during your first two years at SolBridge.

Scholarships are available, please enquire.

The estimated cost for your first and second year at SolBridge does not include other meals, books, or pocket money. Meals cost approximately $4.00 in the SolBridge cafeterias. Meals eaten off-campus may cost more. Books are typically in the range of $600 per year; pocket money expense is dependent upon the lifestyle of the student.