A foundation set up by Tadayoshi Tazaki, the founder of JAC Recruitment Co., will launch a roughly 40-million-yen scholarship program to assist high school students looking to study in the U.K. for a period of five years. The program is one of the largest in terms of value to be offered by a private entity. Repayment is not required. It is aimed at encouraging students to study at the University of Oxford, the University of Cambridge, and other prestigious schools, and turning them into internationally-minded individuals.
The scholarship will cover tuition and living expenses for two years at public schools and three years at undergraduate institutions. The foundation will soon solicit applicants from high school students aged 16 to 17 who attend state-run or public-sector schools in Tokyo.
Among the applicants, three to five people will be selected based on criteria such as English language competency. The foundation will assist them with obtaining visas to ensure they will be able to start their studies in the U.K. in Autumn 2017.