History

2017

• 12National Scholarship Foundation Council general meeting
• 12Awarded the Grand Prize in the category of website of Korea Communications for 2017
• 11Hold the 6th International Student Aid Forum
• 11Awarded the Grand Prize in the 10th Korea Internet Communication, Quasi-Government Organization
• 07Implemented the project to support the young debtors through agreements with local governments.
• 05National Mentoring Network Established 2017
• 04Gangwon Student Support Center (customized counseling center) opened
• 03Daejeon Student Support Center (customized counseling center) opened
• 03The 1st KOSAF Unified University Dormitory opened
• 01Gyeonggi Student Financial Support Center (customized counseling center) opened
• 01Introduced 'Overseas Korean Income and Property Reporting System'

2016

• 12Established National Scholarship Foundation Council
• 12Completion of KOSAF Unified University Dormitory
• 12Awarded the Ministry of Gender Equality and Family Prize as an organization providing the work and life balanced Innovation Workplace 2016
• 11Awarded Grand Prize at the 9th Korea Internet Communication
• 10Received the donation for the second KOSAF Unified University Dormitory (40 billion KRW)
• 08Amended related law to prevention of duplicate financial support ("Scholarship Foundation Act", "Special Reimbursement Act")
• 07Gwangju Student Financial Support Center (customized counseling center) Opened
• 05KOSAF hosts its 5th International Forum on Student Aid Policy.
• 05Mr. Yang-Ok Ahn is named the third chairman of KOSAF.

2015

• 09KOSAF breaks ground for the first residential complex for college students.
• 05KOSAF hosts its 4th International Forum on Student Aid Policy.
• 01KOSAF launches its loan conversion program to lower the interest rate of the earlier loans (From Jan. to May)
• 01KOSAF expands its need-based grant to make the income-linked half-tutition inituative a reality.

2014

• 11KOSAF is recognized with the grand prize at the 7th Internet Communication and Social Media Awards for its excellence in the best communication for customers.
• 11KOSAF is designated as one of the Best Institutions for Human Resources Development.
• 10KOSAF is awarded with the Best CS Innovation Leader Prize, from the Best Management Awards of Korea.
• 10KOSAF is awarded with the Best Economic Leader Award in the category of best managemetn for social responsibility.
• 10KOSAF wins the gold prize at the International Business Awards in the website technology and other categories.
• 07KOSAF opens the support center in the city of Busan
• 06KOSAF wins the grand prize at the 2014 King Sejong Sharing and Volunteerism Awards and the special prize from the National Assembly Commission on Ethics.
• 03KOSAF wins the grand prize at the 2014 Happiness Plus and Social Contribution Awards.
• 01KOSAF expands its national need-based grant with increased support for the low incoem class (KRW 3.5 trillion annually)

2013

• 12KOSAF wins the grand prize at the 23rd Best Communicatinos Awards.
• 11KOSAF is awarded with the grand prize at the 6th Internet Communication and Social Media Awards.
• 11KOSAF is awarded with the Best Public Service Award.
• 10KOSAF wins the gold prize at the International Business Awards in the category of website technology (3 consecutive years)
• 10KOSAF wins the grand prize from the 6th Korea Social Media Awards.
• 05Mr. Byung-sun Kwak is named the second chairman of KOSAF.
• 03KOSAF wins the grand prize at the 2013 Happiness Plus and Social Contribution Awards.
• 01The interest rate for ICLs is lowered from 3.9% to 2.9%.
• 01KOSAF expands its national need-based grant based on incomes (KRW 2.7 trillion annually)