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Financial Aid

Graduate Program

Financial Support for Graduate Students

Outstanding students in the Graduate School of Economics may be eligible to for various financial support programs.

Details about the following scholarships are subject to change. Please visit the website of each scholarship for the latest information.

Scholarships provided by Keio University

These scholarships are provided by Keio University. In principle, application and screening can be conducted only after admission to Keio University. For more information about scholarships, please visit the Keio website.

Scholarships provided by Independent Administrative Institution Japan Student Services Organization (JASSO)

Japan Student Services Organization (JASSO) is an independent administrative institution established under the Ministry of Education, Culture, Sports, Science and Technology (Monbukagakusho).

For more details, please visit the JASSO website.

Scholarships provided by private foundations/local governments

There are various other scholarship programs operated by approximately 100 organizations. Applications for all scholarships are accepted after admission to Keio.

ADB-JSP Scholarship

This Asian Development Bank (ADB) – Japan Scholarship Program (JSP) was launched in 2005. Up to a maximum of ten Keio University students can receive the scholarship. Recipients will be selected from among successful applicants to the Master’s Program at Keio University, and those who wish to receive the scholarship.


International students who have passed the Period I entrance exam for the Master’s Program and who meet all requirements of this scholarship
(For more detailed requirements, please visit the following website.)


The Graduate School will select a single applicant with excellent academic standing

Number of Recipient

One student per year

Award Benefits

Full tuition and fees at Keio University
A monthly stipend of JPY 154,000
Medical insurance fee of JPY 7,450 x 2 times per year
An allowance for books and instructional materials of JPY 50,000 x 2 times per year
A research grant of JPY 30,000 x 2 times per year
An allowance for a Japanese language learning program fee of JPY 88,000
Travel expense of JPY 170,000

Duration of Award

A maximum of two years (the award is terminated upon receipt of a degree in the event of student earning their degree within two years)

For more information, please visit the following website:


  1. Adjunct Researcher (Part-time)
    Adjunct Researchers (Part-time) are mainly assigned to teaching assistance. This financial support enables recipients to gain privileges nearly equal to the cost of tuition, as well as a monthly stipend of 50,000 yen, to allow them to concentrate on their studies and research.


    Students enrolled in the first or second year of the Doctoral Program at the Graduate School of Economics, or students who intend to take the entrance examination for the Doctoral program for the subsequent academic year

    Length of Employment

    One year (Renewed a maximum of twice)

  2. Research Associates (Non-Tenured)
    This system was established for the purpose of promoting career development for young researcher at Keio. Research Associates (Non-Tenured) are mainly assigned to research and research assistance, as well as taking charge of courses.


    Students who have completed the Doctoral Program at the Graduate School of Economics, Keio University, regardless of whether or not they possess a doctoral degree, and who have outstanding research ability and will have been enrolled in the Doctoral Program at the Graduate School of Economics for between three and six full years at the beginning of their employment

    Length of Employment

    One year (Renewed a maximum of twice)

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