디딤씨앗통장 Helping young people preparing for self-reliance become self-reliant through ‘Didim Seed Account’, which provides double the amount of savings < Welfare < Seoul Metropolitan Government

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# Group A (19 years old), a young man preparing for independence who left a child welfare facility last year and is living on his own, saved 2.5 million won in the ‘Didim Seed Account’, which allows him to receive additional support of twice the amount saved over the past four years, and recently received a matching payment. I used the money I received, including support, for college tuition.
# Ms. B (20 years old), who recently ended her foster care, also carefully used the 7 million won she had saved in her ‘Didim Seed Account’ for about 7 years as a deposit for renting her first home.
□ As a preliminary step toward youth preparation for self-reliance, the city of Seoul is providing support to ‘youth preparing for self-reliance’ who are living in child care facilities or foster homes ahead of the end of protection so that they can raise seed money for self-reliance through the ‘Didim Seed Account’.
□ Scholarships are provided to help students save 50,000 won per month for 4 years, and the city of Seoul and the government match 100,000 won per month, which is twice the amount saved, to help them save 7.5 million won over 4 years.
○ Youth preparing for self-reliance refers to children who are subject to protection such as child welfare facilities or foster care, and who must leave the facility and stand on their own when they turn 18 (can be extended to age 24 if desired).
○ Youth preparing for independence is the previous stage of youth preparing for independence, and refers to children and adolescents who prepare for independence from the age of 15 while living in foster care facilities, group homes, or foster homes. As of the end of July, there were approximately 2,526 young people preparing for self-reliance and young people preparing for self-reliance in Seoul.
□ ‘Didim Seed Account’ is a project that helps children from low-income families build assets so that they can raise the lump sum needed for independence, such as tuition, employment, and housing expenses. It is also called a ‘child development support account.’
○ Didim Seed Account is a project in which the local government (including national funds) accumulates an additional 1:2 matching subsidy of up to 100,000 won when the child or sponsor saves a certain amount monthly in the account of a low-income child. Those eligible for support include children under the age of 18 in the care of child welfare facilities (child care facilities, group homes), foster children, etc. After the age of 18, it can be used for purposes such as tuition, job training costs, and housing, etc. for self-reliance.
□ In relation to this, Mayor Oh Se-hoon signed a “Didim Seed Account Scholarship Support Agreement and Delivery Ceremony” with People Sharing Hope (Chairman Kim Jeong-an) and the Seoul Community Chest of Korea (Chairman Jae-rok Kim) at Seoul City Hall at 11:15 a.m. on the 7th (Thursday). I had it.
□ According to the agreement, the three organizations will provide scholarships worth a total of 288 million won over 4 years to 120 young people preparing for self-reliance.
□ ▴People Sharing Hope fully supports scholarships worth 288 million won. ▴Seoul City selects 120 children aged 12 to 14 to help young people preparing for self-reliance build assets during the protection period. ▴Scholarship funds of 50,000 won per month will be deposited into the Didim Seed account of 120 children through the Seoul Community Chest of Korea. Adding the matching amount, a total of 7.5 million won can be raised per person over 4 years.
□ Meanwhile, Seoul City became the first local government in the country to announce the ‘Plan to Strengthen Self-Reliance Support for Youth Preparing for Independence’ in 2021, and prepared a second-stage support plan that strengthened psychological and emotional support last year. This year, we are pursuing a third-stage measure that focuses on expanding and strengthening projects with high satisfaction in the second-stage support measure.
□ In particular, in July of last year, ‘Young Plus Seoul’, a dedicated space to provide comprehensive support for young people preparing for self-reliance, was opened and is currently operating with a great response from young people preparing for self-reliance.
□ Kim Jae-rok, Chairman of the Seoul Community Chest of Korea, said, “We are sincerely grateful to the Hope Sharing Association for supporting the self-reliance of underprivileged children.” He added, “Through this sponsorship of Didim Seed Account Scholarship, young people preparing for self-reliance can have a bright future. “It will be a great help in design.”
□ Kim Jeong-an, Chairman of People Sharing Hope, said, “The local community must continue to show interest in supporting young people preparing for self-reliance.” He added, “With this sponsorship agreement ceremony, we will continue to pursue social contribution activities by nurturing the dreams of young people preparing for self-reliance.” “We plan to continue to do so,” he said.
□ Seoul Mayor Oh Se-hoon said, “We expect that this sponsorship project through public-private cooperation will serve as a stepping stone to further alleviate the difficulties faced by young people preparing for self-reliance when they stand on their own in society.” He added, “The city of Seoul will help young people preparing for independence become independent.” “We will continue to provide support so that they can go out into society as members of society and proudly play a role,” he said.

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