Gwangju City Supports First Semester Student Loan Interest for University Students

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Metropolitan City announced on the 4th that it will accept applications for interest support on student loans for university (graduate) students for the first semester of 2021 until the 7th of next month.

The support target is students currently registered as residents in Gwangju as of the announcement date (May 3, 2021), who are enrolled or on leave at universities (graduate schools) located in Gwangju. It supports six months' worth of accrued interest (interest accrued from January to June 2021) on student loans borrowed from the Korea Student Aid Foundation between the first semester of 2017 and the first semester of 2021.

Applications for support can be submitted through the city’s website, and one copy of the resident registration abstract must be submitted within the application period.

Detailed information can be found in the notices and announcements section on the city’s website, and inquiries can be made to the Education and Youth Division.

Meanwhile, the student loan interest support project for university (graduate) students is implemented twice a year, divided into the first and second halves. In the second semester of last year, 14,77 people received support totaling 93.21 million won.

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