Parental Allowance: Who Qualifies and What You Get
Learn how to receive monthly financial support for your infant's care and understand how daycare enrollment affects your payments.
Parental Allowance is a monthly cash payment provided to families to help cover the costs of raising an infant.
Who it's for
This scheme is available to parents who have an infant between the ages of 0 and 23 months.
What you get
You will receive a monthly payment depending on your child's age:
- For infants aged 0 to 11 months, you receive ₩1,000,000 per month.
- For infants aged 12 to 23 months, you receive ₩500,000 per month.
What it costs you
There is no fee to apply for this support. To receive the funds, you must register a bank account where the money can be sent via direct deposit.
The catch to know
The amount of money you receive may be reduced if your child is enrolled in a government-subsidized daycare center.
How to apply
- Check that your child falls within the 0-23 month age range.
- Prepare your bank account details for registration.
- Follow the official application process through local government channels.