The state auditor has decided to launch a probe into SNU as a series of incidents, including the now-retracted stem cell research project led by Hwang Woo-suk, have revealed misappropriations of research money by some of the school's faculty members.
The BAI plans to begin looking into how the SNU has appropriated R&D funds it got from the government, and announce the results of its probe in May.
The audit will also cover numerous state agencies and other academic institutions that received government research money.
Hwang violated SNU regulations requiring that research funds from outside should be received by the college first and then distributed to individual projects.
He was found to have accepted some 5.1 billion won from companies and foundations that was deposited directly into his account.