Mokpo City Provides Full Support for Parent Fees at Private and Home Daycare Centers
Realizing Free Childcare by Eliminating Burden on Over 3,000 Parents
[Asia Economy Honam Reporting Headquarters Reporter Jeong Hyeong-seok] Mokpo City announced on the 4th that starting from March, it plans to fully support the difference in childcare fees borne by parents of children aged 3 to 5 enrolled in private and home daycare centers under the Nuri Curriculum.
The difference in childcare fees refers to the gap between the payment limit set by the province and the government-supported Nuri Curriculum childcare fees. Despite the government's free childcare policy, children aged 3 to 5 attending private and home daycare centers have had to pay between 65,000 KRW and up to 84,000 KRW per child per month.
Until now, Mokpo City has supported parents' fees by providing 20,000 KRW per child per month (30% provincial funds, 70% city funds) from August 2017 to July last year, and since August 2019, increased the support by 10,000 KRW fully funded by the city, totaling 30,000 KRW.
This year, to realize complete free childcare, the city has allocated 2.16 billion KRW in city funds (an increase of 1.2 billion KRW compared to 2019) and will receive 720 million KRW in provincial funds to fully cover the difference in childcare fees borne by parents starting from March.
As a result, the burden on about 3,000 parents using private and home daycare centers will be completely eliminated.
There is no separate application procedure to receive support for the difference in childcare fees, and support will be provided through the Child Happiness Card (voucher), just like the government-supported childcare fees.
Hot Picks Today
"Now Our Salaries Are 10 Million Won a Month" Record High... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- 'Still Hesitant? If You're Wondering Whether KOSPI Will Rise, This Is the Number You Must Watch [Weekend Money]'
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- Fire Breaks Out on 29th Floor of Tower Palace in Seoul; About 40 Residents Evacuated, No Injuries Reported
- Is It Really Like an Illness? "I Can't Wait to Go Again"—Over 1 Million Visited in Q1, Now 'Busanbyeong' Takes Hold [K-Holic]
A city official stated, “This full support for the difference in childcare fees will be a step closer to realizing free childcare,” and added, “The city will continue to do its best to create a city that is good for having and raising children.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
