Education Costs - For Parents

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For Parents

Education costs, scholarships and government support. Eligibility rules and the steps that are easiest to miss.

Total 10 articles
Education Costs

The Field Trip and Graduation Album Fees Schools Collect Must Go Through the School Steering Committee — Settle Within 10 Days of the Project's End and Get Leftovers Back

현장체험학습비·졸업앨범비 같은 수익자부담경비는 학교운영위원회 심의를 거쳐 걷고, 사업 종료 10일 안에 정산해 남은 돈을 돌려주며, 정산 후 1…

Lim Su-bin·2026-10-16
Education Costs

South Korea's Single-Parent Family Education Allowance Is a Separate Program From the Education Benefit -- $77 a Year in School-Supply Money, and a 65% Income Cutoff

Under the Single-Parent Family Support Act, the child education allowance (schoo…

Lim Su-bin·2026-09-28
Education Costs

You've Been Saving Money in Your Child's Account -- Skip the Gift Tax Filing and Here's What Happens Later: The Minor's ₩20 Million, 10-Year Rule

Money deposited into a child's own bank account counts as a gift the moment it's…

Lim Su-bin·2026-09-19
Education Costs

How Much Can a Hagwon Charge? The Cap an Adjustment Committee Sets, and How to Report Overcharging

There's no nationwide list price for hagwon tuition. Here's how the local adjust…

Lim Su-bin·2026-09-18
Education Costs

학자금 대출을 오래 못 갚으면 생기는 일 — 신용유의정보 등록 기준과 해제 요건

일반상환 학자금대출을 6개월(만기 후 3개월) 연체하면 신용유의정보에 등록됩니다. 등록·해제 요건을 정리했습니다.

Lim Su-bin·2026-08-30
Education Costs

Korea's Education Expense Tax Credit: Preschool Academy Fees Qualify, Elementary Ones Don't — Where the Law Draws the Line Between 3 Million and 9 Million Won

A 15% tax credit applies to education costs, but preschool academy fees, univers…

Lim Su-bin·2026-08-28
Education Costs

The Second Round of Korea's National Scholarship Closes at 6pm on 9 September — Two Relief Applications and Two C-Grade Allowances Are Not the Same Thing

Korea's national scholarship second round closes 9 September. Grade rules and th…

Lim Su-bin·2026-08-21
Education Costs

Korea's Income-Contingent Student Loan Starts Repaying at 18.98 Million Won — the 28.51 Million Salary Line and Two-Year Deferral

For the 2025 income year the repayment threshold is an income amount of 18.98 mi…

Lim Su-bin·2026-08-15
Education Costs

There are two kinds of student loan — standard repayment and income-contingent repayment, and how to choose

Both carry the same 1.7 per cent rate; what differs is when repayment starts. Th…

Oh Yu-jin·2026-08-11
Education Costs

Why you should not take the 458,000 won private tuition figure at face value

An average of 458,000 won and 604,000 won among participating students. Why the …

Lim Su-bin·2026-07-27