Nearly Half of Scholarship Applicants at ‘SKY’ Universities in High-Income Bracket

General

Nearly half of all students seeking state scholarships while attending the country's three most prestigious universities, often dubbed the "SKY” universities, were found to be in the high-income bracket.

According to data from the Korea Student Aid Foundation obtained by ruling Democratic Party Rep. Kim Hoi-jae, 48-point-two percent of 34-thousand-646 applicants at the three universities came from families in the upper 20-percent bracket.

The "SKY" universities are Seoul National University, Korea University and Yonsei University.

Those in the low-income bracket constituted 19-point-five percent of the application pool, while those considered middle-class made up 28-point-five percent.

The percentage of high-income bracket scholarship-seekers at “SKY” universities was around one-point-five times higher than the rate at nine national universities outside Seoul. Thirty-two-point-six percent were in the upper 20-percent bracket among applicants at the state schools.

Source: KBS World Radio