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Loans for Domestic Students

 For children who have lost parents or guardians and are experiencing financial difficulties, Ashinaga offers interest-free student loans: these funds are designed to support students in their efforts to attend high school, college, or vocational school. In 2007, for the first time since Ashinaga began surveying recipients of funding, the average income of fatherless families fell below 30 percent of that of two-parent households. In reaction to this trend, the volume of student loans has been increasing. This is particularly notable in the case of college students, whose student loans have increased by fifty percent in the last five years. The total annual amount distributed by Ashinaga since 2006 has exceeded donations received. The balance comes from repayments by previous funding recipients. Although Ashinaga guarantees interest-free student loans to all qualified high-school applicants, the organization is currently unable to offer them to all college applicants due to a lack of funds.


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