u/mayday0927

I thought an ARC was required to open a bank account in Korea, but it looks like some banks (or maybe just specific branches) let foreigners open an account with just a passport, proof of residence, and possibly a few other documents.

Has anyone here actually done this before getting their ARC? If so, which bank/branch did you use, and what documents did they ask for?

Anyone got experience with it?

I got my financial aid package for next year, and it seems to be same as what I get at UCR throughout the year. After various of processing fees from UCEAP, it cost around $3~4k more than when I attend normally on UCR.

Will my financial aid get adjusted by the time I start study abroad or is this an additional cost that I'll just have to cover? Not really a deal breaker but trying to know so I could plan for budget.