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TMC Extends Study Assistance Fund in China

Tokyo, Dec 16, 2010 (JCN) - Toyota Motor Corp. (TMC) and the China Soong Ching Ling Foundation recently signed an agreement extending the Toyota Study Assistance Fund by three years. Established in 2006, the jointly established fund has been providing stipends to university students in mid-western China.

TMC's decision to extend the program for another three years is based on its strong desire to continue supporting the development of human resources that will play a major role in the region's future.

In addition to financial assistance, the Toyota Study Assistance Fund also offers students leadership training and opportunities to visit Japan. Since the Fund's establishment, about 200 students at 20 universities in mid-western China have received stipends each year, for a total of 1,060 recipients over the past five years. For the next three years, the number of universities will be increased to 25 and the number of students to 250 each year. In addition, support for job-search activities will be provided.

By Chris Lui Staff Writer

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