Young Farmer Settlement Support: Who Qualifies and What You Get
Learn how young farmers under 40 can receive monthly stipends to help settle into their new agricultural careers.
This scheme provides monthly financial assistance to help new farmers establish their operations and settle into rural life.
Who it's for
This support is designed for individuals under the age of 40 who have less than three years of experience in farming.
What you get
You can receive a monthly stipend of up to ₩1.1 million KRW. This financial support is provided for a period of three years to help with your initial settlement.
What it costs you
To keep receiving the support, you must remain actively engaged in farming activities. You are also required to complete 160 hours of training.
The catch to know
The money is provided on the condition that you commit to the industry; the government will claw back the stipend if you quit farming before the three-year period ends.
How to apply
- Check your eligibility regarding age and years of experience.
- Prepare to participate in required training sessions.
- Contact the relevant agricultural authorities to begin the application process.