Park Hong-geun: Education Grants to Increase Annually

By Yujin Kim Posted : June 25, 2026, 11:40 Updated : June 25, 2026, 11:40
Park Hong-geun, Minister of the Ministry of Planning and Budget. [Photo=Ministry of Planning and Budget]
Park Hong-geun, the Minister of the Ministry of Planning and Budget, stated on June 25 that there will be no reduction in the total amount of local education financial grants compared to previous years.

In a post on X (formerly Twitter), Minister Park emphasized, "Considering the long-term upward trend of the past, we will ensure that the overall budget for primary and secondary education increases each year without any contraction or reduction."

He also highlighted plans to increase the per-student grant annually. To enhance the financial stability of schools, he assured that a predictable and stable operation would be guaranteed. Previously, the grants fluctuated significantly based on domestic tax conditions, making it challenging for education offices and schools to establish stable budgets. This reform aims to improve that stability.

Additionally, Minister Park announced plans to improve systems related to higher education, lifelong learning, and early childhood education. He stated, "The resources generated through system enhancements will be reinvested evenly in areas that have long needed investment, such as university education, lifelong learning, and early childhood education."

He also indicated that criteria reflecting changes in the school-age population will be established. Park noted, "The demographic environment today is vastly different from when the domestic tax-linked structure was first created in 1972," and emphasized that the criteria for grant calculations will naturally incorporate the reality of a declining child population.

Finally, Minister Park remarked, "This reform will not stop at strengthening classrooms in elementary, middle, and high schools. It will serve as a solid stepping stone to ensure that children who grow up in kindergartens and daycare centers can confidently sit in university lecture halls and stand proudly in the midst of society."



* This article has been translated by AI.

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