National Key Public University Presidents' Council Agrees to Improve Graduation Deferral Fee Payment Amount

The Council of Presidents of National Universities, consisting of Jeonnam National University and others, held its 6th regular meeting of 2023 on the 10th at the K-Entrepreneurship Center in Jinju, Gyeongsangnam-do, reaching agreements on the founding articles of association for the Development Council of the Association and improvements to the graduation deferral fee.

The National Universities Council is a consultative body composed of presidents from 10 national universities: Kangwon National University, Kyungpook National University, Gyeongsang National University, Pusan National University (chair university), Seoul National University, Jeonnam National University, Jeonbuk National University, Jeju National University, Chungnam National University, and Chungbuk National University.

On this day, the council approved the articles of association for the establishment of the "Development Council of the National Universities Association" as a preliminary step toward founding a corporation. This is expected to further strengthen the cooperative system among national universities.

Additionally, the council decided that each university will autonomously reduce the graduation deferral fee for students postponing their bachelor's degree acquisition from the current level of 10% of tuition to below 5%. Officials explained that this is expected to somewhat alleviate the financial burden on graduation-deferral students preparing for employment.

Furthermore, the council appointed President Kim Ilhwan of Jeju National University as the next chairman.

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