Gwangju Citizens to Receive 150,000 Won Each... Applications for '2nd High Oil Price Relief Fund' Begin on the 18th

For the Bottom 70% Income Bracket
Applications Accepted Until July 3, Usable Until the End of August

The application period for Gwangju City's '2nd High Oil Price Relief Fund,' aimed at easing the financial burden of high oil prices and soaring inflation, will begin on May 18, 2026. The fund will provide 150,000 won per person to citizens in the bottom 70% income bracket, and applications will be accepted until July 3, 2026.

According to Gwangju City on May 15, 2026, the 2nd High Oil Price Relief Fund will be distributed to citizens whose household income falls within the bottom 70% as of March 30, 2026. Eligibility is determined based on the total household health insurance premium paid. However, households with a combined property tax standard exceeding 1.2 billion won, or those whose annual financial income exceeds 20 million won, are excluded from the program.

On the 27th of last month, when the first phase of the 'High Oil Price Damage Compensation' payments began, a paper providing guidance on applying for the compensation was posted at the Wolsan 4-dong Administrative Welfare Center in Nam-gu, Gwangju. Photo by Minkan Ki

The relief fund is set at 150,000 won per person. Basic livelihood security recipients, the near-poor, and single-parent families who missed the first application period can also apply during this round.

Applicants can choose between recharging their credit or debit card points and receiving a prepaid card. Card point recharging is available through card company websites, apps, automated response systems (ARS), and affiliated bank branches. Prepaid cards can be applied for at the local community service center in the applicant's district.

During the first week of applications, a weekday system based on the last digit of one’s birth year will be applied. Those whose birth year ends with 1 or 6 can apply on Monday; 2 or 7 on Tuesday; 3 or 8 on Wednesday; 4 or 9 on Thursday; and 5 or 0 on Friday.

The relief fund can be used at small businesses in Gwangju with annual sales of 3 billion won or less. For gas stations, the fund can be used regardless of sales volume. The usage period ends on August 31, 2026, and any unused balance will be automatically forfeited after this date.

From May 16, 2026, citizens can check their eligibility and learn how to apply through the Naver app, KakaoTalk, Toss, and the Gukmin Secretary website. A 'visiting application service' will also be available for the elderly and people with disabilities who have difficulty moving.

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