CWNU has finally determined to abolish the admission fee starting this year and to freeze the tuition fee. The purpose is to lessen the financial burden on students and parents and to satisfy the governmental decision on higher education policy. The CWNU tuition fee was frozen from 2009 to 2011 and from 2012 to 2018. In 2012, it was even reduced by 5.7%.
An evaluation was done to achieve the desired effect which is an actual reduction considering drastic inflation and the minimum wage increase of 16.4% compared to 2017. In fact, in 2017, undergraduate admission fees were 170,000won, which means a reduction of about 8.7% compared to average tuition fees of 1,960,000won per semester. Graduate admission fees were 180,000won and compared to the average tuition fee per semester of 2,250,000won, which is a reduction of about 8%.
The admission fee of CWNU used to be much lower in comparison to other 4-year-course universities’ 500,000 won. Furthermore, the tuition fee has is already at its lowest since 2009’s freeze. Nevertheless, CWNU is determined to freeze tuition fees and abolish admission fees in order to strengthen publicity and responsibility of the national university. Based on the decision, the expectation is that it will resolve difficulties by maximizing finance efficiency.
Principal Choi Hae-bum said, “It is definitely true that the financial condition at universities isn’t good because of various reasons such as a decrease of students but we would like to be a role model of national universities which are developing with community,” and, “It is thought that it is our duty to abide by governmental policy.”
by Gwon Min-gwan, reporter firstname.lastname@example.org
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