TOKYO, April 4 (Xinhua) -- Japan's education ministry said Tuesday that it will raise the income cap for a public financial aid plan to help pay for higher education.
The move, aimed at expanding support for middle-income households with multiple children, is slated to begin in fiscal 2024.
The eligibility cap will be raised to an annual household income of 6 million yen (45,512 U.S. dollars) from the current 3.8 million yen, while the number of eligible students is expected to increase by about 200,000.
The plan, a combination of tuition reduction and scholarships, was included in the Japanese government's draft of "unprecedented measures" to tackle the country's declining birthrate, which was announced last week. ■
