Jeongeup City in Jeollabuk-do will provide moving-in support funds and housing expenses to reduce the housing burden of university students enrolled in local universities and help them settle in the area.


According to the city on the 29th, the housing expense support fund for incoming university students, which is being implemented for the first time this year, will be given to students enrolled in local universities (including graduate schools) who have had an address in another region for more than one year and have moved to Jeongeup City and lived there for more than six months.

Jeongeup City provides up to 2.4 million KRW in housing costs and relocation support funds to university students who transfer their address to the city. <br>[Photo by Jeongeup City]

Jeongeup City provides up to 2.4 million KRW in housing costs and relocation support funds to university students who transfer their address to the city.
[Photo by Jeongeup City]

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In the first semester, 250,000 KRW will be provided, and an additional 250,000 KRW will be given each semester thereafter, supporting up to 2,000,000 KRW (based on 8 semesters) for dormitory or monthly rent expenses until graduation.


The application period is from April 4th to April 5th, and applicants must prepare the required documents (▲application form ▲certificate of enrollment ▲dormitory fee receipt or lease contract ▲copy of bankbook in the applicant’s name) and visit the resident center of their jurisdictional address to apply in person.


Those eligible for the housing expense support project for incoming university students can also receive the moving-in support fund.


The eligibility criteria are the same, and upon moving in, a one-time payment of 150,000 KRW will be made, followed by an additional 50,000 KRW every six months for a total of five times, providing a maximum moving-in congratulatory fund of 400,000 KRW.


Mayor Lee Hak-su said, “We will do our best to alleviate the housing cost burden for incoming university students who face significant economic challenges so that young people can dream and have new opportunities for challenges in Jeongeup. We will also work together to promote the mutual development of local universities and the region, which are struggling due to the decline in school-age population and the concentration in the metropolitan area.”



Jeongeup = Kim Jae-gil, Honam Reporting Headquarters, Asia Economy baekok@asiae.co.kr


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

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