Abstract
This chapter examines education cooperation between the European Union and Korea, especially since 2000, and suggests the need for more exchanges in the future. The internationalization of higher education in Europe began in earnest through the Erasmus program adopted by the Council Decision in 1987. The Erasmus program was able to expand successfully because the Bologna process in 1999 worked out the principles and policies of cooperation at the European level. As a developing country, Korea mainly allocated government scholarships to supporting Korean overseas students. The government planned to attract talented foreign students by providing scholarships, and universities made efforts to institutionalize the international admission process. Korean students can participate in the Erasmus Mundus Joint Master Degrees Program and Jean Monnet activities. The Korea Ministry of Education supports foreign students who study at Korean institutions of higher education through the Global Korea Scholarship.
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