2026 High Oil Price Damage Support Fund

Policy Overview

In 2026, the government will provide a High Oil Price Damage Support Fund to the bottom 70% income bracket to alleviate the economic burden caused by high inflation and energy prices.

Support Benefits

• 100,000 to 250,000 won per person (up to 600,000 won per household)
• Choose from credit/check card points, local currency, or prepaid cards

Application Period and Precautions

The application period is from May 18 to July 3, 2026. Since the funds are not automatically distributed, individuals must apply directly. Unused funds will expire, so prompt use is advised.