Hope Savings Account Offers Up to 300,000 Won Monthly Match

South Korea will open the final 2026 recruitment round for Hope Savings Account II on October 1, with applications accepted through October 26. Eligible participants who save 100,000 won a month can receive a government match of up to 300,000 won. The program is aimed at lower-income households, while Hope Savings Account I has different conditions tied to leaving livelihood or medical-aid benefits.

For applicants, the key difference is that the size of the eventual government contribution depends not only on saving regularly but also on the specific program’s eligibility and completion rules.