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You
Joined: 31 May 2009
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 Posted: Thu Apr 01, 2010 6:21 am Post subject: GEPIK housing allowance? |
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I heard through the grapevine today that my apartment is 'illegal' because my rent is 600k won a month and the Korean government only allows them to use 400k won for housing.
Can anyone confirm/deny this? I am teaching under GEPIK. Worst case senario I will have to pay the difference to keep my apartment I guess. |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Thu Apr 01, 2010 8:03 am Post subject: Re: GEPIK housing allowance? |
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| You wrote: |
I heard through the grapevine today that my apartment is 'illegal' because my rent is 600k won a month and the Korean government only allows them to use 400k won for housing.
Can anyone confirm/deny this? I am teaching under GEPIK. Worst case senario I will have to pay the difference to keep my apartment I guess. |
IF you have school supplied housing then no worry. They CAN'T come after you for the difference.
The housing allowance is what you get if you take the cash - not what the school is allowed to spend.
It is common for schools to go over the housing allowance when obtaining a residence for their NET.
My old place was 550k per month with 10 mil for key money. |
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