Kyungbok University Provides COVID-19 Scholarships... Tuition Fees Reduced by Up to 16%

[Asia Economy (Namyangju) = Reporter Lee Young-gyu] Kyungbok University will provide all students with a 'Post-COVID-19 Special Scholarship' of up to 16% of tuition fees by department.

Kyungbok University announced on the 4th that, after gathering opinions from enrolled students and faculty since May and obtaining final approval from the Scholarship Committee, it decided to grant a special scholarship by reducing up to 16% of the tuition fees by department from the second semester tuition.

Additionally, to support living expenses such as practical training and online learning, the university will provide 100,000 KRW as a 'COVID Academic Support Special Scholarship' directly to the students' personal accounts.

Accordingly, the maximum amount supported per student is 650,000 KRW.

Kyungbok University secured the scholarship funds through changes in the university's scholarship budget and supplementary budgets. The total scholarship fund allocated this time amounts to 2,316,310,000 KRW.

Kim Young-jin, Director of Academic Affairs at Kyungbok University, stated, "Despite the difficult financial situation of the university, we decided to provide up to 16% of the tuition fees as scholarships to alleviate the economic burden on students," adding, "We will continue to communicate with our members and overcome COVID-19 together."

Kyungbok University achieved the highest employment rate among metropolitan universities with over 2,000 graduates for three consecutive years from 2017 to 2019. Furthermore, it was selected as an 'Autonomous Improvement University' in the 2018 Ministry of Education's Basic University Competency Diagnosis Evaluation, being recognized as a university with excellent educational capabilities.

Meanwhile, with the opening of Seoul Subway Line 4 in May next year, students' use of public transportation is expected to improve dramatically.

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