Sancheong County to Provide Up to KRW 650,000 in High Oil Price Support Funds

Applications Open from April 27...

No Application, No Payment; Funds Expire on August 31

Sancheong County in South Gyeongsang Province will provide financial support of up to KRW 650,000 to residents who have been directly impacted by high oil prices.

On April 22, Sancheong County announced that it will begin accepting applications for the "High Oil Price Damage Support Fund" starting April 27, and will make payments to eligible recipients in sequence.

This support fund covers approximately 70% of the population and will be paid in varying amounts ranging from KRW 150,000 to a maximum of KRW 600,000, depending on income level. In addition, as Sancheong County is designated as a preferential area due to population decline, an extra KRW 50,000 per person will be provided, allowing eligible residents to receive up to KRW 650,000.

[Photo provided by Sancheong County] View of Sancheong County Office

The payments will be made in two rounds. In the first round (April 27 to May 8), basic livelihood security recipients will receive KRW 600,000, and those in the next-lowest income bracket or single-parent families will receive KRW 500,000. In the second round (May 18 to July 3), the general recipients will receive KRW 200,000.

Applications can be submitted both online and offline. Residents can apply through credit card company apps, the regional gift certificate app, at township offices, or at bank branches. To prevent congestion during the initial application period, from April 27 to 30, an application day system based on the last digit of the applicant's birth year will be implemented.

The support funds must be used by August 31, and any unused amount after this date will be automatically forfeited. Usage is restricted to traditional markets, restaurants, and small business stores within the region, and the funds cannot be used at large supermarkets, online shopping malls, or entertainment-related businesses.

An official from Sancheong County emphasized, "If you do not apply within the designated period, you will not be able to receive the support fund," and added, "The local government does not send text messages containing URLs, so please be especially cautious of financial scams such as smishing."

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