This year, the DAAD is once again co-financing the DUO-Korea Fellowship Programme. This scholarship programme has been supporting study visits by European and Korean students since 2001 and is funded by the Korean Ministry of Education.  

The basic idea of DUO-Korea is to support South Korean and European students in tandems. A South Korean student goes to the university of the tandem partner in Europe for one semester and a European student spends time at the South Korean partner university.
Thanks to the funding provided by the Federal Ministry of Education and Research (BMBF), the DAAD will finance up to 12 additional scholarships for German and South Korean students through the DUO-Korea Fellowship Programme in the call year 2022.  

The programme is managed and implemented by the ASEM-DUO Secretariat.
We have summarised the most important information on the call for applications and application here.

Application period
5 April 2022 to 19 May 2022 (UTC+9)

Target group for funding
Bachelor's and Master's students of all subjects who are enrolled at a German higher education institution.   

What is funded?
A study visit lasting one semester (4 months) in the Republic of Korea (South Korea). The study visit can be completed in the period from August 2022 up to and including July 2023.
Students receive a scholarship of 4,000 euros.

You can find more information about the application here:
https://eu.daad.de/programme-und-hochschulpolitik/asem-bildungsprozess/de/79477-ein-semester-in-suedkorea-studieren/