TOKYO, June 27 (Xinhua) — The University of Tokyo and two different Japanese universities had been chosen as candidates to be designated as world-class analysis institutes eligible for substantial grant from a authorities fund, native media reported Tuesday.
A panel of specialists beneath the schooling ministry additionally chosen Tohoku University and Kyoto University from 10 candidates searching for recognition as “Universities for International Research Excellence,” Kyodo News mentioned.
The choice shall be finalized within the fall after on-site inspections, it added.
The universities, if chosen, could be eligible for grants paid out of earnings generated from a ten trillion yen (70 billion U.S. {dollars}) fund established by the federal government to deliver Japanese establishments as much as par with the world’s high universities, mentioned the report.
The Japanese authorities is planning to lift 300 billion yen (2.1 billion {dollars}) yearly to offer tens of billions of yen in assist of every of the designated universities yearly from as early as fiscal 2024 for as much as 25 years, as Japanese universities have fallen behind abroad instructional establishments lately, in accordance with Kyodo News.