Gyeongju City Realizes Half-Price Dormitory for United Student Dormitory

Gyeongju City Half-Price Dormitory Exterior (Photo by Gyeongju City Hall)

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Yushin] Gyeongju City and the Dormitory Management Committee will reduce the fees for the joint student dormitory, a university dormitory, to about half starting this year.

Gyeongju City, in consultation with Seorabeol University, the operating institution of the joint student dormitory, lowered the dormitory fee from 550,000 KRW per semester to 500,000 KRW per semester starting this year.

Out-of-town university students who change their address to Gyeongju receive a moving-in support fund of 100,000 KRW per semester and a dormitory subsidy of 100,000 KRW per semester from Korea Hydro & Nuclear Power's Wolseong Nuclear Power Headquarters.

Accordingly, the joint student dormitory fee, which was 550,000 KRW per semester last year, will be reduced to 300,000 KRW this year.

In September last year, the city renovated the Seorabeol University dormitory in Chunghyo-dong and opened it as the Gyeongju Joint Student Dormitory. The dormitory is operated by Seorabeol University and is available to students from four universities in Gyeongju: Dongguk University, Uiduk University, Gyeongju University, and Seorabeol University.

It has 203 double rooms and 12 quadruple rooms, accommodating a total of 454 students.

Mayor Joo Nak-young of Gyeongju said, "It is fortunate that the joint dormitory, piloted last year, can enhance university competitiveness by realizing half-price dormitories," adding, "I hope that the four local universities will take the lead and become the foundation for Gyeongju's development."

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