Chosun University Freezes Tuition Fees for New and Returning Students in 2020 Academic Year

[Asia Economy Honam Reporting Headquarters Reporter Yoon Jamin] Chosun University (President Min Youngdon) has decided to freeze tuition fees for new and returning students for the 2020 academic year.

According to Chosun University on the 15th, the 1st Tuition Review Committee for the 2020 academic year decided to freeze tuition fees considering the economic downturn and the financial burden on students and parents.

The Chosun University Tuition Review Committee is composed of a total of nine members: Lee Minchang, Director of Planning and Coordination Office (ex officio) as the chairperson; one member recommended by the president; one member recommended by the faculty council; one member recommended by the staff labor union; three student members recommended by the student council; one graduate student member recommended (reflecting the Ministry of Education's opinion); and one external expert (certified public accountant).

Since declaring a tuition freeze in the 2009 academic year, the university reduced tuition by 2.1% in 2012, froze tuition in 2013, reduced by 0.63% in 2014, and confirmed a freeze this year, maintaining tuition reduction or freeze for 12 consecutive years.

Regarding the admission fee, following the Ministry of Education's recommendation for phased reduction of undergraduate admission fees, the university began with a 20% reduction in the 2018 academic year. Based on the 2017 admission fee of 634,000 KRW, a four-year reduction plan of 20% per year was submitted, and this year the admission fee was set at 253,600 KRW, approximately 33.3% lower than in the 2019 academic year.

To overcome the financial crisis caused by 12 years of tuition freezes and reductions, Chosun University plans to secure mid- to long-term financial soundness through budget cuts, revenue increases, and by winning government financial support projects (national projects).

President Min Youngdon stated, “Despite the tuition freeze, we will continuously strengthen programs for research, education, and student capacity building, which are the university’s core functions.”

This content was produced with the assistance of AI translation services.