Housing is included in your EPIK contract but differs greatly depending on POE and location. It can range from a small studio apartment to a several room house. The contract also stipulates that those who are not given accommodations will receive a monthly housing allowance of 300,000 won. As of February, 2007 the housing allowance in Jeju was increased to 350,000 won.
The demand for English teachers in Korea greatly exceeds the supply, and just about anyone from an English-speaking country with a four-year university degree can find a job here. These TEFL jobs provide salary, airfare to and from Korea, housing, and severance pay.
Korea is a great place to both teach English and travel. In our South Korea section, you will find lots of information about many aspects of living, working and traveling in Korea. Check out our growing databases on Korean history, culture, and more.
If you have a Check Card, which is similar to an ATM/debit card, there is a nifty service offered by some banks. Nonghyup bank is one that offers a text messaging service that confirms your purchases. It can be used as a safety precaution and it is really quick. You are usually informed within seconds of your purchase through a text message to your phone.