Govt. to give 860 billion won in subsidies to universities, colleges this year
Jan 8, 2019
The government will pay 860 billion won ($766 million) in subsidies to all universities and colleges nationwide this year to help upgrade their academic competitiveness, the Ministry of Education said Tuesday.Universities and four-year colleges will receive 568.8 billion won of the amount, up about 28 percent from last year, while vocational colleges will be paid 290.8 billion won, up 16 percent on-year, the ministry said. (Yonhap)Unlike in previous years, this year's subsidies will be distribut