Jinju-si, Interest Support for University Student Loans in the Second Half of the Year

Online Applications on Jinju City Hall Website Until November 12

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Jinju City announced on the 13th that it will implement the second half of 2021 university student loan interest support project to alleviate the economic burden of university students in the area and allow them to focus on their studies.

The support target includes university students who, as of the announcement date of the loan interest support, are registered residents of Jinju City themselves, or whose parents (or direct ascendants if there are no parents) have been registered residents of Jinju City for more than one year as of the announcement date, and who have received employment-linked repayment student loans or general repayment student loans from the Korea Student Aid Foundation.

Due to the revision of related ordinances, from the second half of the year, students on leave and graduate students are also included in the support target. The scope of student loan interest support covers interest incurred from July to December of this year on student loans received from the Korea Student Aid Foundation since 2016. The application period is until November 12, and applications can be submitted by attaching the relevant documents on the Jinju City Hall website.

If selected as a support recipient, the support amount will be repaid to the Korea Student Aid Foundation student loan repayment account, and the support details can be checked on the Korea Student Aid Foundation internet homepage.

A city official stated, “University students are experiencing many difficulties due to the spread of COVID-19, and we hope that the student loan interest support will help to some extent in alleviating their economic burden and allowing them to concentrate on their studies.”

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