HIS Niseko Financial Assistance System

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Financial Assistance Program FAQ page

Our school is growing steadily and smartly. HIS Niseko is now a viable educational option for internationally-minded families of the area. Financial assistance is allotted so selected students, with a compelling need for an international education, may attend HIS Niseko. We expect families to be honest about their finances, in order for their child to attend HIS Niseko.

Financial Aid is monetary assistance provided by HIS Niseko to reduce educational costs to families. Financial aid is provided on the basis of financial need, which is defined as the difference between educational expenses and a family’s ability to pay those expenses. Since eligibility is based on many factors and each family has differing situations and financial circumstances, it is not possible to determine a specific income level at which a family is eligible or ineligible for aid.

HIS Niseko is committed to offering some degree of financial assistance to families that demonstrate financial need in paying tuition. First and foremost, consideration is given to students who have no educational alternatives in Niseko. Ordinarily, this limits eligibility to students who are not subsidized by their parents’ employers or by other parties.

Each year, the school will allocate 20% of the Funds generated by our Corporate and Personal Financial Aid Fundraising drive. Some families require assistance beyond what the program can offer, and unfortunately HIS Niseko is not able to meet all of the needs of all applicants.

Frequently Asked Questions

Why does HIS Niseko provide a scholarship program?

Scholarships are an effective tool to improve recruitment and maintain our level of education for our students.Scholarships allow deserving students to attain their educational goals, meet their objectives and succeed to their fullest ability.

Q. Who does HIS Niseko ask for support?

We gently ask Niseko regional corporations, parents, current teachers, staff and friends. HIS Niseko kindly wants everyone in its community to be a supporter of our school.

Q. What does HIS Niseko do with my donation?

Essentially, your donation provides financial aid so selected students, with a compelling need for an international education, may attend HIS Niseko.

Q. Am I recognized for my donation?

A generous funding base is the key to development and maintenance of an ongoing scholarship program. Throughout the year, HIS Niseko publishes the names of individuals and corporations who support the Scholarship Fund.

Q. What are the benefits to donating money to Niseko Community and Corporate Scholarship Fund?

Your donation helps HIS continue a positive relationship with the Niseko community, helps sustain the desirability of Niseko as an international destination for investment and living, while improving the learning for each student at HIS Niseko.

Q. How are the scholarships awarded?

Scholarship applications are reviewed and granted by the Financial Assistance Committee of the HIS Executive Board and are awarded each year towards the end of May.

Q. How much money is appropriate to give?

Gifts of any size are much appreciated.

Q. Are gifts tax deductible?

Yen gifts over ¥5,000 are eligible for tax deductibility under the special designated tax status (tokuzo) that HIS Niseko has received. Donations over this amount that are less 40% of an individual's taxable income are allowed. Corporations may deduct double the normal permitted amount for taxable donations.

HIS Niseko issues receipts for yen donations.

Q. How does it work for the Company?

Under the authorised agreement corporations that participate in the CCP by making an agreed donation enable the school to fund special corporate scholarships which are awarded to the dependent children of the companies’ employees. These scholarships are not taxable as personal income in Japan and so the corporations avoid the substantial grossing up tax impact that would arise if they paid, or reimbursed, regular tuition fees which are regarded as a taxable benefit. The precise tax savings are contingent on the employee’s income and other considerations, and can be analysed only by those in the company who are most familiar with the employee’s tax status, or their tax advisors.

GIVING  LEVEL SUPPORT TIERS

2012 Society -Niseko Corporate Community Sponsors

  • MAJOR SUPPORTER  ¥ 1,000,000 and above
  • NISEKO CORPORATE  COMMUNITY SUPPORTER ¥ 500,000- ¥ 999,999
  • NISEKO SMALL BUSINESS SUPPORTER  ¥ 100,000- ¥ 499,999

Friends of HIS Niseko

  • Tree ¥50,000 – ¥ 99,999
  • Sapling ¥25,000-¥49,999
  • Seed to ¥24,999
 
 
 
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