Gyeonggi-do Supports Student Loan Interest... 3.3 Billion Won

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province will accept applications for student loan interest support for the second half of the year from the 22nd of this month until the 31st of next month.

Eligibility includes university and graduate school students (including those on leave) and graduates, with either the applicant or one direct ascendant having been registered residents of Gyeonggi Province for more than one year.

The province will support 26,500 people with 3.3 billion KRW in the second half of this year.

Graduates can only receive support if they have been unemployed within 5 years after university graduation or within 2 years after graduate school graduation.

Interest incurred during the first half of 2020 (January to June) on student loans (tuition and living expenses) borrowed from the Korea Student Aid Foundation since the second semester of 2010 will be supported.

Applications can be made through the Gyeonggi Provincial Government website (http://www.gg.go.kr) or via mobile devices such as smartphones.

Earlier, the province supported 23,500 people with 2.68 billion KRW in student loan interest in the first half of this year.

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