Fees and Financing

Please note:

• The tuition is paid every six months in four installments. You may pay in full upon request. The payment due date of the first installment is end of September, 2018.
• The tuition for credits earned prior to admission and recognized as credits earned at GLOBIS University (including credits earned as a Pre-MBA student) will be deducted equally from the second installment and fourth installment (not from the first installment).

Living Costs in Tokyo

We estimate that living costs in Tokyo for one person can be approximately JPY 150,000 per month or more, depending on your lifestyle.

Scholarships/Loans

GLOBIS Scholarships

GLOBIS Scholarships are available to students who demonstrate the potential to contribute to the GLOBIS community through strong academic performance and exceptional leadership qualities.

GLOBIS Online Scholarship

• Eligibility: Applicants who expect to enroll in 2018 and to earn more than 75% of the credits required for graduation (i.e. 27 credits) through online courses.
• Scholarship Amount: The scholarship can cover up to 50% of the tuition.

GLOBIS On-Campus Scholarship

• Eligibility: Non-Japanese applicants who expect to enroll in 2018 and are not applying for the Online Scholarship.
• Scholarship Amount: The scholarship can cover up to 25% of the tuition.

Note: The scholarship amount does not cover the following fees and expenses: enrollment fee, additional tuition for long-term enrollment, non-GLOBIS textbooks, extra-curricular expenses (ex. off-site elective courses) and living expenses.

(GLOBIS Online Scholarship recipients only) Additional tuition shall be charged when the credits earned through online courses fall short of 75% of the credits required for graduation (i.e. 27 credits). Additional tuition per 1 credit for the shortfall is JPY 82,250.

Following are the eligibility and application/selection process that are common to both GLOBIS Online and On-Campus Scholarships:

(1) Eligibility

• Enrollment in the Part-time On-campus & Online MBA Program in 2018.
• Continuous efforts to accomplish what is stated in the scholarship essay and contribute to the program.
• Expect to successfully complete the requirements for graduation.
• Cooperation with GLOBIS’ marketing activities, such as providing or participating in interviews, photos, profiles, and stories for internal and external use. Permission will be requested prior to publishing and, if unable to cooperate, you can inform the office of the reason and an exception will be considered.
• Outstanding performance during admission including but not limited to extensive international business experience, strong academic background, potential contribution to the GLOBIS student body and native-level English proficiency.
• Sufficient need of financial assistance.

(2) How to Apply
Please submit the scholarship essay along with your GLOBIS application information on the Online Admission System.

1. “How can you contribute to the betterment of GLOBIS University? Please state your plans.”(250 to 550 words)
2. “Why is a scholarship important in order for you to achieve your goals outlined in your MBA application?”(Up to 200 words)

(3) Screening Process
GLOBIS will conduct the screening based on the scholarship essay and the information submitted for application. The final decision regarding the GLOBIS scholarship will be sent on the day of the final admission result announcement. Details of the scholarship selection process are strictly confidential.

GLOBIS Education Loans

GLOBIS University provides financial assistance to non-Japanese students who are expected to hold a student visa. If you are granted a loan, you are able to postpone up to 50% of the tuition until six months after graduation, while paying a small handling fee during the two-year program. You will have a maximum of five years to complete repayment of the loan.

(1) Eligibility

• Enrollment in the Part-time On-campus & Online MBA Program in 2018.
• Expect to hold a student visa upon enrollment.
• Continuous efforts to accomplish what is stated in the scholarship essay and contribute to the program.
• Expect to successfully complete the requirements for graduation.
• Cooperation with GLOBIS’ marketing activities, such as providing or participating in interviews, photos, profiles, and stories for internal and external use. Permission will be requested prior to publishing and, if unable to cooperate, you can inform the office of the reason and an exception will be considered.
• Outstanding performance during admission including but not limited to extensive international business experience, strong academic background, potential contribution to the GLOBIS student body and native-level English proficiency.
• Sufficient need of financial assistance.

(2) How to Apply
An email will be sent to those who are eligible to apply on the day of the initial screening result announcement to confirm your intention to apply.

(3) Screening Process
GLOBIS will conduct the screening based on the information submitted for application. The final decision regarding the loan application will be sent on the day of the final admission result announcement. Details of the loan selection process are strictly confidential.

Scholarships from Other Organizations

Several organizations provide scholarships for privately financed international students and/or Japanese students.

Monbukagakusho Honors Scholarship for Privately-Financed International Students by JASSO (Japan Student Services Organization)

This scholarship provides stipends for living expenses and other expenses related to coursework for six months. (For reference, the monthly stipend was JPY 48,000 for 2017).

(http://www.jasso.go.jp/en/study_j/scholarships/scholarship/shoureihi/index.html)

(1) Eligibility (subject to change)

• Neither lived nor visited Japan during the admission screening (such as interview and examination).
• Is expected to hold a student visa upon enrollment.
• Is not sponsored by a government.
• Does not receive an allowance from a supporter exceeding 90,000 yen a month.
• Does not receive a scholarship from another institution excluding the GLOBIS Scholarship.
• Does not have a dependent in Japan whose annual income exceeds 5 million yen.
• Will cooperate in a survey to be conducted by JASSO after graduation.

(2) How to Apply
An email will be sent to those who are eligible to apply on the day of the initial screening result announcement to confirm your intention to apply. Detailed instructions will be sent to those who are admitted to the 2018 Part-time On-campus & Online MBA Program and showed the intention to apply to this scholarship.

(3) Screening Process
Screening will be conducted by JASSO. GLOBIS University will submit the application documents to JASSO on behalf of the applicants and the result will be announced from GLOBIS University once notified by JASSO.

MEXT (Ministry of Education, Culture, Sports, Science and Technology) Scholarship

1. MEXT Scholarship for University Nominated Students

This scholarship is available only for non-Japanese applicants who pass the screening for our MBA application in the November round. The scholarship mainly covers your living expenses for two years (for reference, the monthly stipend was JPY 147,000 for 2017). Please note that a limited number of applicants will be selected for this scholarship.

(1) Eligibility

• Accepted to the 2018 Part-time On-campus & Online MBA Program in the November application round.
• Expect to hold a student visa.
• Non-Japanese (you cannot have Japanese nationality by the time you enter Japan).
• Born on or after April 2, 1983.
• Have a GPA of 2.30 or above for the last 2 years of your last educational period.
• Not a MEXT Scholarship recipient within the past 3 years.

(2) How to apply
An email will be sent to those who are eligible to apply on the day of the initial screening result announcement to confirm your intention to apply.

(3) Screening Process
GLOBIS University will conduct the initial screening based on the information submitted for application. Candidates who passed GLOBIS University’s initial screening for the MEXT scholarship will receive instructions about further procedures on the day of the final admission result announcement. The second screening will be conducted by MEXT and the final result is schedule to be announced around the end of May, 2018 (subject to change).

2. MEXT Scholarship for Embassy Nominated Students

Application for this scholarship will begin prior to application to GLOBIS University. Please ask for more information at your local Japanese Embassy. This scholarship can cover both the total tuition and your living expenses for up to two years.

Besides the above scholarships, there are additional scholarships offered by private institutions.
You will receive detailed information regarding these scholarships after starting your MBA program. Please note that many of these scholarships have specific requirements including nationality restrictions and Japanese language ability.

Education Loans from Other Organizations

Financial institutions introduced by GLOBIS University offer educational loans (with favorable interest rates). Please note that you are required to speak and read Japanese in order to understand the contract. If you need further information, please contact the Admissions Office.

The MBA Programs under GLOBIS University (‘University’) have been designated as an education and training facility by the Ministry of Health, Labour and Welfare. If certain conditions are satisfied, the maximum benefits of 1.12 million yen* can be granted to the MBA students over 1 year. For full details, please click here.
* The maximum benefits of 1.12 million yen is applicable for those who enter the MBA in September 2018. (The maximum benefits remain at 960,000 yen for those who entered in 2017 and before.)

What are Specialized Practice Education and Training Benefits?

The purpose of the benefits is to support the mid- and long-term career development of workers and to promote employment stability and re-employment. When a general insured worker (employee or former employee) under employment insurance has satisfied certain conditions and completed the Specialized Practice Education and Training that is designated by the Minister of Health, Labour and Welfare, a part of the education and training expenses will be reimbursed to the worker by HelloWork (with an upper limit). (From the Home Page of Hello Work)

For details, please contact the HelloWork office that has jurisdiction over your home address.

Amount of Benefits

The maximum amount to be paid is 1.12 million yen. Please see the following chart for the estimation.

Specialized Practice Education and Training Benefits

Amount of Benefits to be Paid under GLOBIS University’s Scheme

*Excludes enrollment fee

NOTE:

• The above example shows the case for full payment of the standard tuition.
• The benefits are to be paid every six months upon your filing at HelloWork each time. The amount of benefits may vary depending on the amount of tuition you paid. Deductions due to scholarships will reduce the amount of benefits available.
• You are required to complete the program within two years in order to receive the benefits.
• Upon earning 36 credits, you are not required to take any additional courses . You are required to complete the program in order to receive the additional (fourth) payment.

Eligible Persons

To be eligible, you need to meet the following criteria:

• Completion of the program within two years
• Eligibility for employment insurance in Japan for a given number of years prior to the start of the program
• Meeting the requirements set by GLOBIS University every six months after the start of the program

If you are receiving Specialized Practice Education and Training Benefits for the first time:

You will need to have been eligible for employment insurance for at least two years cumulatively or have lost the eligibility no more than a year prior to the start of the program.

If you have received Specialized Practice Education and Training Benefits in the past:

You will need to have been eligible for the employment insurance at least three years cumulatively between the start of the previous course that was subject to the previous benefits and the start of the program. The total amount of the benefits available is 1.68 million yen over 10 years.

NOTE: The University is unable to determine your eligibility for the benefits. Please contact HelloWork to confirm your eligibility.

Requirements set by GLOBIS University

You are required to meet both of the following to be considered for the benefits:

• Take and fulfill attendance requirement of at least three courses  in every six months (the Research Project is counted as two courses)  
• Meet the following minimum target for the cumulative credits (including credits earned in your Pre-MBA period):
  After 6 months: 6 credits
  After 12 months: 12 credits
  After 18 months: 24 credits
  After 24 months: 36 credits

Once 36 credits have been earned, you are not required to take any further courses.

Procedures for Application

Your pre-enrollment application is required at the start of the entire procedure.

There are a set of forms that you can obtain through HelloWork, one of which needs to be certified by your employer. Please confirm the details in time for the application deadline.

Before the Start of the Program

[Preparation] Obtain forms required for your pre-enrollment application at HelloWork

Please obtain either of (i) or (ii) as below, which needs to be submitted as part of your pre-enrollment application. Please allow some time for this process to be completed. We recommend you to verify which form is required for your case as early as possible.

1. "Certificate of Employer on Participation in Specialized Practice Education and Training"
2. "Job Card"

<To acquire the forms>

1. Visit HelloWork to ask for the form, "Certificate of Employer on Participation in Specialized Practice Education and Training"
   Submit the completed form to your employer and have it certified. You can also download the form and sample from the following links.
   (Form) https://mba.globis.ac.jp/admissions/entry/pdf/jigyounushi_shoumei.zip
   (Sample) https://mba.globis.ac.jp/admissions/entry/pdf/shoumei_mihon.zip
2. Undergo the "Pre-Training Career Consultation" and receive a "Job Card"
   You need to make a reservation by phone in advance to apply for the consultation. Call the HelloWork office that has jurisdiction over the location of your home address. We recommend you reserve as early as possible.

[HelloWork] Locations of HelloWork Throughout Japan (Japanese)

[Ministry of Health, Labour and Welfare] Download "Job Card" Form (Japanese)

[Application] Submission of your pre-enrollment application forms at HelloWork

Filing Deadline: Friday, August 31, 2018
(For students who are scheduled to enroll in October 2018)

NOTE: The support desk for Education and Training Benefits is open only on weekdays (Monday through Friday). For details on office hours and the like, please contact the HelloWork office that has jurisdiction over your home address.

List of documents required for the application

Filing During Your Enrollment (every six months)

Upon your enrollment to the program, you need to file an application for the benefits with HelloWork within one month from the end of each six-month period (payment unit period). By filing the application, 50% of your net tuition payment for the period will be paid to you as benefits (up to 400,000 yen per year).

[Key documents to be submitted]

• Certificate of eligibility to receive Education and Training Benefits: Issued by HelloWork during your pre-enrollment application procedures
• Application for receiving training and education benefits: Available at GLOBIS university (to be filed by the applicant)
• Certificate of attendance or certificate of completion of Specialized Practice Education and Training: Issued by GLOBIS University for persons who have met the requirements
• Receipt for the paid tuition: Issued by GLOBIS University

Filing After Your Completion of the Program (within one month)

You may file an application with HelloWork in order to receive the additional (fourth) payment. Please submit the same documents as those described as above for the procedures to be taken while you are enrolled in the program. The filing is due within one month from the next day of your completion of the program.

You will become eligible for the additional (fourth) payment if you obtain the degree that was subject to the benefits and are to be employed as an insured worker within one year from the next day of your completion of the program. If you are employed as an insured worker at the time of your completion of the program, you need to file an application within one month from the next day of your completion of the program.

NOTE:

• The documents to be submitted may differ depending on individual circumstances. If you wish to submit your documents through an agent, the agent will need your power of attorney. For details, please visit the Home Page of HelloWork and the Ministry of Health, Labour and Welfare.
• Please note that GLOBIS University will not be responsible for the loss of your eligibility to receive the benefits due to your incomplete application or insufficient paperwork.

FAQ