The British Embassy is now accepting applications from Korean students for the United Kingdom’s Chevening Scholarships until Nov. 15 for the 2015-2016 academic year.

North Korean settlers in South Korea are also invited to submit applications for the scholarship, an official at the embassy said. Chevening Scholarships offer the opportunity to study for a one-year master’s degree at any U.K. university, including tuition fees and a monthly stipend.

The Chevening Scholarships are awarded to outstanding established or emerging leaders across a wide range of fields, including politics, government, business, the media, the environment, civil society, religion and academia.

The program provides future leaders with a unique opportunity to build a global network of professionals and establish social, cultural, academic and commercial partnerships with Britain, the embassy said.

The program operates in 150 countries around the world, and this year will support approximately 1,500 individuals. Around 20 Koreans were selected for the 2014-2015 academic year and an equivalent number of student are eligible for next year, too.

The embassy said that the scholarship makes up an important part of its public diplomacy efforts and grants young professionals who have displayed outstanding leadership the opportunity to study in Britain.

The Chevening program began in 1983. Chevening alumni number about 43,000 worldwide and comprise an influential and highly regarded global network. So far around 1,120 Koreans have benefited from the scholarship by being given the chance to study in the United Kingdom.

For more information on Chevening Scholarships, visit ukinrok.fco.gov.uk and www.chevening.org. Send inquiries to the U.K. Chevening Secretariat at southkorea@chevening.org.

By Philip Iglauer (ephilip2014@heraldcorp.com)