Gyeonggi-do to Support Student Loan Interest in Second Half of Year... Applications Accepted Until Next Month 11

Gyeonggi-do Student Loan Interest Support Information Poster

Gyeonggi Province will accept applications for this year's second half 'Gyeonggi Province University Student Student Loan Interest Support' from the 3rd of this month until the 11th of next month.

This program supports the interest accrued over a half-year period on tuition and living expenses loans borrowed from the Korea Student Aid Foundation since the second semester of 2010.

Eligible applicants are university and graduate school students (including those on leave) and unemployed graduates, with at least one person among the applicant or their direct ascendants residing in Gyeonggi Province for more than one year.

Unemployed graduates can receive support within 10 years after university graduation and within 4 years after graduate school graduation.

Applications can be submitted online through Gyeonggi Minwon 24 (gg24.gg.go.kr) and can also be easily applied for via mobile.

When consenting to the joint use of administrative information, the resident registration abstract and health insurance qualification certificate are automatically linked, so only the enrollment (graduation) certificate needs to be submitted.

The results of the second half program and interest payments will be made in December. The interest will be paid to the Korea Student Aid Foundation loan account and deducted from the loan principal and interest, and the interest support details can be checked on the Korea Student Aid Foundation website.

Park Sang-eung, Director of the Gyeonggi Province Education Cooperation Division, stated, "We hope that through the student loan interest support, young people in the province can reduce their economic burden and focus on their studies and employment activities."

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