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.

Founded in

South Korea