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Why aren the tuition amounts rounded off?

amounts rounded tuition
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Why aren the tuition amounts rounded off?

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10

The reason why there is no rounding off of figures (up or down) is because of the commitment to provide the program at ‘cost price’. As a non-profit institution we do not need a commercial margin. For this reason we can instead invest heavily in facilities, quality infrastructure and student support. Once the cost of providing the program been calculated, we are able to charge the tuition accordingly. Please note that the tuition fees do not always cover the full cost of the program. On-going support from the Hattori Foundation provides considerable financial assistance to all students. The administration of the Institute is also fairly lean. Extensive use of intranets and effective management keeps Yamasa’s cost overhead and structure down, and this cost saving is passed on to students.

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