Family and Youth Fund pays 1.76 billion liras to 15,468 young people in October

The Family and Youth Fund was launched to strengthen family institutions and support young couples in their marriage process. It is financed through revenues obtained from Turkey's underground wealth.

Applications are accepted across all 81 provinces via ailegenclikfonu.aile.gov.tr or e-Devlet. Couples where both partners are aged 18-25 receive 250,000 liras, while those aged 26-29 receive 200,000 liras.

“We support our youth's dreams of setting up a home, and we lay the foundations of strong families together.”

The loans have a 48-month term and a two-year grace period before repayment begins. The income requirement was raised from 2.3 times to 2.5 times the minimum wage based on the last six months of income.

Couples who have their first child within 48 months receive a 12-month installment grant and a 12-month deferral on the remaining debt. If a second child is born during the deferral period, the entire remaining debt is granted.

So far, 23,638 supported couples have had 24,176 children. Of these, 23,110 couples with one child benefited from installment grants and deferrals, while 528 couples with two or more children had their full debts granted.

In October, 1,756,600,000 liras was paid to 15,468 young people. The fund has also provided training and consultancy services to 271,118 young people to date.