■ Payment & Refund policy

 

A. PAYMENT

 

Once you confirm that your housing application is accepted at ‘MY Page’, please click the housing application number. Then, you’ll see the bank information. Please make a full payment of the housing fee to the account by the designated payment due (please refer the housing schedule). Please also consider that it will take 2-5 working days until we receive it if you make the wire from out of Korea.

 

After we receive your payment, a confirmation note will be sent to your email address that was registered while you signed up for the housing website. You can also confirm your payment at ‘MY Page’ whether you have short/overpayment.

 

Students can transfer the housing fee in US dollars or Euros or your currency considering exchange rate. Then, it'll be converted when it's received by a Korean bank with the exchange rate of date of the receipt. Students also consider bank charges of the remittance bank and the Beneficiary bank(Woori bank). If there is an intermediate bank for the transfer, there might be more banking charge incurred and will be deducted from your payment.

 

 

B. SHORT PAYMENT

 

If you have a short amount, you can pay after your check-in. However, you need to make a wire to the same account number by visiting one of Woori Bank branches (one in the campus or one near to the dormitory) with cash and the account number to complete your payment.

 

 

C. OVERPAYMENT

 

If you overpaid, please visit the Housing Office with your bank account book to fill out a form of ‘refund request.’ We recommend you to open a Korean bank account to get the refund back 100%. . If you do not want to open it, you can use your friend’s account but we need the copy of the bank account book.

 

Banking charge to wire the refund to your home country account is usually USD30-50 that will be deducted from the refunded amount. If you still want the refund to your home country bank account, the form to fill in will be different.

 

Refund takes about 3 weeks.

 

 

D. REFUND POLICY

 

 1. Refund (exchange/visiting/general/KLI/YISS/program longer than 6 weeks) 

 2. Refund (short-term program/camp less than 6 weeks)