COST OF LIVING/Cabinet approves rent subsidy program for college students living in dorms
Taipei, Nov. 23 (CNA) Taiwan's cabinet approved a five-year program on Thursday to subsidize rent paid by college students living in dorms starting February 2024.
Under the plan, Taiwanese college students living in dorms will be eligible for a basic rent subsidy of NT$5,000 (US$158.34) per semester, with this figure rising to NT$7,000 for those from low-income and lower-middle-income families, the Cabinet said.
It added that students will be subsidized the exact cost of their rent if it is below NT$5,000 per semester, or, for those from low-income and lower-middle-income families, below NT$7,000.
The Cabinet said that students will have the cost of their dorm rent automatically deducted from the bills they receive.
The Ministry of Education (MOE) said it has implemented the plan to ensure fairness among all college students because there are already rent subsidies that those living in off-campus private housing are eligible for.
The subsidization will be funded by the Ministry of the Interior's housing fund, Minister of Education Pan Wen-chung (潘文忠) told reporters Thursday, adding that the government is hoping to make the program permanent.
A total of 275,000 students are estimated to benefit from the program, the MOE said.
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