Gyeonggi-do to Provide 10 Million Won Settlement Fund to Independent Youth Starting This Year

Gyeonggi Province will provide 10 million won in settlement funds starting this year to support the economic independence and stable social settlement of youth preparing for independence who have left youth welfare facilities.

The one-time settlement fund is divided into two payments of 5 million won each over two years. Eligible recipients are out-of-home youth aged 18 or older who have been under protection in youth welfare facilities within the province for more than two years and have left the facility after January 1 of this year.

Applications for support can be made at any time through recommendations from youth shelters or youth independence support centers where the youth currently reside or last left.

Gyeonggi Province will provide 10 million won in settlement funds to youth preparing for independence starting this year. Photo is a poster supporting the settlement funds. Provided by Gyeonggi Province

Gyeonggi Province assigns a dedicated case manager along with the settlement funds to youth who are finally selected through a case review committee. Additional support such as financial and money management counseling and case management is also provided.

For more details, contact the Youth Division of Gyeonggi Provincial Government (031-8008-4794) or the Southern and Northern Gyeonggi Youth Independence Support Centers (031-360-1824, 031-928-1316).

Ko Young-mi, head of the Youth Division of Gyeonggi Province, said, "This project was planned to help youth preparing for independence secure initial living and housing expenses after leaving facilities so they can establish themselves stably." She added, "We will continue to support youth preparing for independence to minimize difficulties caused by economic instability and to help them design the future they dream of."

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