HISANE MASAKI Staff writer The government and the ruling Liberal Democratic Party are considering creating a multibillion yen fund using low-interest yen loans to provide financial aid to foreign students in Japan, according to government and LDP sources.
The fund would benefit students coming to Japan -- especially from developing countries in Asia -- at their own expense rather than their governments', the sources said.
Those students would be eligible to receive yen loans on favorable terms through the fund to finance their travel, living costs and tuition.