The program will provide individual scholarships up to $25,000 targeted at the following three groups: Australian graduates pursuing a career in an Australia-Korea related profession and developing networks in Korea for their future careers; Australian graduates or honours students who are undertaking research in a field of study important to the Australia-Korea relationship; Australian graduates or later year undergraduates who have studied Korean to further their language skills and cultural understanding through experiencing Korea first hand. The Australia-Korea Foundation Scholarship is open to all Australian citizens and permanent residents who: Are currently enrolled or recent graduates of an Australian tertiary institution; Are able to supply two referee reports, one of which must comment on the applicant's academic achievement. Further comment may be sought from referees.