The
American School in Japan's Contribution Program/Corporate Scholarship
Program:
A potentially cost effective
alternative to paying school fees, tuition and the Japanese individual
income taxes on these educational benefits.
Background
Similar
to independent schools in the United States, tuition at ASIJ does not
cover the full cost of educating a student. Tuition and fees cover
approximately 85% of the actual costs. The difference is made up through
donations and other sources of additional revenue. Each year the school
conducts an Annual Fund Campaign, during which ASIJ alumni, parents,
faculty, friends, and corporations are asked to support the school.
The Tokyo corporate community plays a dominant role in determining
the success of this campaign.
An
Alternative to Tuition: Corporate Scholarships
The Contribution Program is a special corporate scholarship program that is
available for organizations that are responsible for covering expatriate
employees' educational expenses. Instead of paying tuition and applicable
fees, companies agree to make donations to the school. The donations are
used partly to fund special corporate scholarships, which are awarded to
dependents of participating companies.
The donations are also the essential component of each year's
Annual Fund Campaign.
Advantages
to Both the Participating Corporations and ASIJ
Under
an authorized agreement, which was established in 1978, with Japan's
National Tax Administration Agency, scholarships funded under the
Contribution Program are not taxable as personal income in Japan. Thus
corporations avoid the grossing up tax impact on these educational
benefits. The precise tax savings are contingent on salary level and other
considerations.
A company’s participation in the
Contribution Program is one of the factors considered in ASIJ admissions
decisions. (Please see
Eligibility section: Admissions Policy/Procedures).
The
third advantage is that by participating in the Contribution Program,
corporations generate additional income for the school at no additional
cost to the company. This supplemental income helps to ensure the
continuing excellence of the ASIJ program and facilities.
Participating
Corporations
The high quality of an ASIJ education can, in large
part, be directly attributed to the special support the school has
received through this Corporate Scholarship Program. If you are
considering participating in the Program and would like a listing of the companies which currently support the school through this innovative program, please contact
Chikako Sassa
at <csassa@asij.ac.jp>
Additional
Information
Individuals interested in learning more about the Contribution Program should contact
Chikako Sassa
at <csassa@asij.ac.jp> or call 0422-34-5300 ext.
709.
Please note that parents or their employers that are considering
participation in the Contribution Program are required to pay all tuition and fees on
schedule. If there is a subsequent decision to participate, tuition and
applicable fees that have already been paid will be refunded.
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