Gyeonggi Office of Education to Provide 50,000 KRW 'Education Recovery Support Fund' per Student to 1.66 Million Kindergarten, Elementary, Middle, and High School Students
[Asia Economy (Suwon) = Reporter Lee Young-gyu] The Gyeonggi Provincial Office of Education will provide a "Education Recovery Support Fund" of 50,000 KRW per student to 1.66 million students enrolled in public and private schools in the province starting from the 15th of next month.
The Education Recovery Support Fund is a measure to support students' learning deficits and psychological and emotional recovery caused by the prolonged COVID-19 pandemic, which disrupted normal in-person classes, and to alleviate the economic burden on parents.
The recipients include 1.66 million students enrolled in public and private kindergartens, elementary, middle, high schools, special schools, and authorized alternative schools within the province.
The payment procedure consists of two steps: first, the school application, and second, the application through the Gyeonggi Local Currency app. Parents or guardians who wish to apply must submit the Education Recovery Support Fund application form to their school between the 15th and 26th of this month, and then apply for the fund via the Gyeonggi Local Currency app from November 15 to December 31.
However, in the Gimpo, Seongnam, and Siheung areas where the Gyeonggi Local Currency is operated by different companies, only the first step of school application is required, and the local government will distribute the funds collectively through their own local currency apps without a separate app application.
The usage period for the support fund is from the time of payment until February 28 of next year. It can be used at Gyeonggi Local Currency affiliated stores, excluding large supermarkets, department stores, entertainment establishments, and businesses with annual sales exceeding 1 billion KRW.
A Gyeonggi Office of Education official stated, "We expect this Education Recovery Support Fund to help with students' learning deficits and emotional and psychological recovery caused by the prolonged COVID-19 pandemic."
Meanwhile, the Gyeonggi Office of Education prepared the budget for this Education Recovery Support Fund from the unspent balance of this year's school meal expenses. The total required budget is 83.4 billion KRW.
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