History

The history of KOSAF gives a vital perspective on the progress of national student aid in Korea since its establishment. Building on the innovative new strategy and strong values for talent development, KOSAF has been striving to serve students across the country with programs and services formed on a solid foundation.

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)

2012

  • 12KOSAF wins the runner-up prize at the 2012 Korea's Best Blog Awards.
  • 12KOSAF Wins the silver prize at the 9th Webaward Korea in the category of the Best Web-magazine.
  • 11KOSAF wins the Best Public Service Announcement (PSA) Award from the 22th Korea Communications Awards.
  • 11KOSAF wins the grand prize of the 5th Korea Internet Communication & Social Media Awards in the category of quasi-government organizations.
  • 10KOSAF wins the gold prize at the Intrnational Business Awards in the caetegory of the Year's Best Consumer Marketing.
  • 03KOSAF wins the grand prize at the 2012 Happiness Plus and Social Contribution Awards.
  • 01KOSAF wins the grand prize from the 8th Webaward Korea in the category of not-for-profit organizations.
  • 01The national need-based scholarship to lessen the burden of tuitions is launched. (KRW 1.75 trillion annually)

2011

  • 12The standards for ICLs are relaxed (req. min. grade: B →C), and its interest rate is lowered (4.9% → 3.9%).
  • 11KOSAF's annual report wins the bronze prize of the 2011 Spotlight Awards in the Educatino/Research/Foundation category.
  • 11KOSAF's in-house magazine wins the grand prize from the 21st Korea Communications Awards
  • 11KOSAF is designated as a public financial institution.
  • 11KOSAF hosts its second Forum on the Internaitonal Forum on Student Aid Policy.
  • 10KOSAF wins the main prize of the International Busienss Awards in the category of financial service.
  • 09KOSAF is certified as the family-friendly workplace by the Ministry of Gender Equality and Familiy.
  • 07KOSAF is desginaed as a legally charitable organization for donation.
  • 06KOSAF receives the grade "A" from the 2010 Evaluation of Public Institutions, the first among the newly established public institutions.
IN THIS SECTION
Welcome
Overview
History
Mission and Values
Governance
Organization
Leadership
Performance
SEE ALSO
Scholarship Programs
Loan Programs
Talent Development Programs
RELATED SITE
Ministry of Education
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