한국장학재단 생활비대출 한도The Korea Scholarship Foundation announced on the 13th that it will temporarily expand 500,000 won in living expenses loans for the first semester of the 2023 school year to ease the burden of living expenses on college students. Accordingly, the loan limit for living expenses for the first semester of 2023 will increase by 500,000 won from 1.5 million won to 2 million won per semester and from 3 million won to 3.5 million won per year.
The implementation of the increase in the loan limit for living expenses begins on the 13th. For expected borrowers who received a living expenses loan just 13 days ago, an additional loan of 500,000 won is available starting from the 24th.
In addition, the interest rate on student loans for the first semester of 2023 was frozen at 1.7% to avoid increasing the burden of living expenses on college student households. The Korea Scholarship Foundation expects that the burden of repayment for college students will be greatly reduced.
Students who need a student loan must apply within the loan period for tuition and living expenses. Student loan applications can be made through the Korea Scholarship Foundation website or mobile communication application (mobile app) using the student’s electronic signature. You can apply for a tuition loan until April 26th, and for a living expenses loan until May 18th.
Students can apply by considering the eligibility requirements (age, credits earned, income standards, etc.) and support benefits for each student loan system, and if they meet the eligibility requirements, they can receive support for tuition loans and living expenses loans (excluding students under the credit bank system). .
Detailed information related to other student loans can be found on the Korea Scholarship Foundation website, and customized counseling is also provided through the Customer Counseling Center.
Chairman Bae Byeong-il said, “In an environment where household burden is increasing due to recent high prices, we are providing additional loan support to lower the burden of living expenses for college students.” He added, “By expanding support for living expenses, we will provide support so that everyone can be given equal opportunities for higher education and focus on their studies.” “He said.
