Company Information

Get to know Korea Student Aid Foundation(KOSAF)

Established on May 7, 2009, under the "Korea Student Aid Foundation Act," KOSAF is a quasi-governmental organization dedicated to supporting students in higher education. Its core mission is to alleviate the financial burden on students and their families, ensuring that no student is forced to give up their studies due to financial difficulties. KOSAF manages various government-funded financial aid programs, including income-contingent student loans, direct government-guaranteed loans, national scholarships, and a national work-study program to help students build career experience while earning tuition.

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Korea Student Aid Foundation(KOSAF)

South Korea

Founded in

2009 (17 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(78 reviews)

Cyprus

2009

(17 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.