Kim Woo-seung, vice chairman for the Glocal University 30 project committee under the Ministry of Education, announces 10 universities and coalitions selected for the project on Monday.YONHAP
Ten winners were selected for the Glocal University 30 project, a government project that will give universities outside the greater Seoul region multibillion-won funding to attract more students amid a population decline.
According to the Ministry of Education on Monday, six universities and four coalitions are part of the list.
Selected universities and coalitions will each be given 100 billion won ($75.6 million) for the next five years.
The project aims to support universities outside the greater Seoul region as the student population declines, while the remaining population prefers schools in greater Seoul.
Universities will be mainly using the funding to diversify their curriculum, adding areas of study that are highly sought after by businesses in their city and fields that have good future prospects.