Brain Korea 21 (BK 21), a national initiative that provides generous monetary support for students in masters and PhD programs, as well as postgraduate researchers, recently selected eighteen large-scale and five small-scale teams from throughout the country to receive funding.  Over the next seven years, BK 21 will spend 21,111,000,000 KRW to support these research teams. 
The Ministry of Education and National Research Foundation of Korea has also selected 195 programs and 280 research teams from 64 different universities to receive funding through the “Next Generation of Creative Leaders Project.”  Supporting 18,500 students working towards a graduate degree, the project will pay out 250 billion KRW each year for the next seven years.    Selected master’s students receive 600,000 KRW per month, while Ph.D. students receive 1 million KRW per month. Researchers receive 2.5 million KRW each month.
The colleges and schools at Yonsei University that will receive funding through these projects are as follows.  In the fields of Science and Technology the recipients include:  the Department of Physics, the Department of Biology, the Department of Biochemistry, the Department of Biotechnology, the Department of Astronomy, the Department of Earth System Sciences, the Department of Computers and Telecommunications Engineering, the Department of Biomedical Engineering, the Department of Chemical Engineering, the Department of Materials Science and Engineering, the Department of Architectural Engineering, the College of Medicine, and the College of Dentistry.  Programs selected from Humanities and Social Science-related fields include: the Department of Korean Language and Literature, the Department of English Language and Literature, the College of Law, the Department of Political Science and International Studies, the Department of Public Administration, the College of Business, the Department of Sociology, the College of Human Ecology, the Department of Psychology, the Department of Social Welfare, and the Graduate School of Communication and Arts.  Wonju’s Graduate School of Health and Environment was also chosen.  
Research teams from Yonsei selected to receive funding come from the Department of Architectural Engineering, the Department of Foods and Nutrition, the College of Nursing, the College of Human Ecology, the Department of Public Administration (Wonju), the Graduate School of Communication and Arts, the Department of Child and Family Studies, the Department of Mass Communication, and the Department of Library and Information Science.