The Scholarship Program
Steps on the Path to a Better Life
The Toshizo Watanabe Foundation
The 5 Pillars of Health® that represent the Nikken philosophy are endorsed in every level of the organization. One example is a scholarship that provides material assistance in supporting a healthy society. It was created by Toshizo (Tom) Watanabe as a means to help others, based on experience that helped shape his own success in life.
The Toshizo Watanabe Foundation provides financial assistance to help young men and women complete an undergraduate or graduate degree. It is open to family members of active, Independent Nikken Consultants in good standing at the Silver rank or above.
The founding of this program was inspired in part by Mr. Watanabe’s own history. As a student, he received a similar scholarship administered by the government of Japan. Later, the future Nikken president, CEO, and now chairman emeritus was the beneficiary of other awards including a prestigious endowment that allowed him to attend Brandeis University in the United States.
In the spirit of paying it forward, he established a scholarship program in 2008 with an initial contribution of $5 million, donated by Mr. Watanabe personally. This was increased in 2012 to $10 million. The scholarship program grants awards to recipients in amounts determined by financial need and other qualifications, including prior academic performance and recognition, recommendations from instructors and colleagues, community involvement, and more.
Applications are accepted during the annual application period only, currently January 1 to March 31 for scholarships to be awarded in the upcoming academic year. Application forms are available for download on myNikken.com.
Scholarship awards are paid directly to the eligible educational institution in the United States on the recipient’s behalf, for studies commencing in the traditional fall enrollment period each year. At the discretion of the selection committee, recipients may be awarded a scholarship for all or a portion of their tuition bill. Committee decisions are final, and will be announced this year on May 29, 2015.
Recipients are required to provide academic progress reports to the committee throughout the year of scholarship.
Today, The Toshizo Watanabe Foundation is proud to assist deserving students from diverse backgrounds in their pursuit of higher education, in accredited institutions where they can learn, grow, and make their own start toward a bright future.