Tokyo, July 31 (Jiji Press)–Japan’s education ministry Friday formally certified Kyoto University as the third eligible for receiving aid from a government-financed 10-trillion-yen fund aimed at supporting universities with the potential to produce world-class research results. Kyoto University will receive some 20 billion yen in aid for an initial year by the end of August as a University for International Research Excellence, after the government approves a reform plan from the university. The reform plan includes the replacement of the university’s traditional system of small independent research units with a more open department-based system. Universities picked for the scheme will be able to receive annual subsidies of tens of billions of yen, financed by investment gains from the government-backed university fund, for up to 25 years. Only a handful of universities are expected to be selected overall. The University of Tokyo is under review by a panel of experts. END [Copyright The Jiji Press, Ltd.]
Kyoto Univ. Becomes 3rd Eligible for State Aid
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