Payment Procedure/Instructions

Once the online application is accepted, you will be able to access payment information via your online application form. This information includes the exact amount to be transferred and your “virtual account number”. A virtual account number is an account number which is only intended for you, therefore DO NOT share your number with any other students. All payment that is received on that virtual account number will be counted as your payment.

HIWS accepts payment of program fees via bank wire transfer ONLY. All bank transaction fees and other handling charges should be fully covered by the student. All currency is accepted, however, it is the applicant’s responsibility to pay the exact amount based on the daily exchange rate. (Only deficit or surplus bigger than 50,000 KRW from total fees will be respectively charged or refunded to students upon arrival at Hanyang.)

Account information

  • Bank Name: SHINHAN Bank, Hanyang University Branch

  • Bank Address: Hanyang University, Wangsimni-ro 222, Seongdong-gu, Seoul, Korea

  • Recipient: Hanyang University

  • Virtual Account Number: Found on your online application form


Payment deadline

Payment deadline is 3 weeks after your application date, but no later than the final payment deadline. December 21 for HIWS 2020. Keep in mind that international transfers might take several days to be received. Payment is being checked by date of receiving, not the date of sending. Payments which are not correctly received will result in unsuccessful registration for HIWS. Please contact us timely if you experience any problems.

Refund Policy

Amount Conditions
Notes Application fee is non-refundable
Full Refund 3 weeks before the course begins
60% Refund Until 2nd days of the course begins
No Refund After two days of the course begins

Refund process

Please send an email entitled “Refund Request” to Once the email is received, we will reply back with the Refund Request Form attached. Complete the Refund Request Form and send it back to us and the refund process starts. Additional bank and postage charges will be deducted from the refund amount. Refunds are issued to the bank account provided in your Refund Request Form. The refund can be remitted to another person’s account (ex. parents) if the student provides proof of relationship. It will take approximately 3 to 4 weeks from the date of request.