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Financial Assistance Scholarships at Western International School of Shanghai

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Financial Assistance Scholarships at Western International School of Shanghai in China 2022. Has come to offer us free scholarship award to any universal and international student in the world. For you to apply for the free scholarship you must be  Undergraduate, postgraduate and doctoral degree level. Applicable for all. Meanwhile, any student from China, Australia, USA, UK, Canada, Africa and other country, who want to study in Shanghai in china. They are all acceptable to apply for the scholarship.

Financial Assistance Scholarships

However, on this page we are going to teach and guide you on the step to follow before apply for scholarship. So for any student from China, USA, UK, Canada and other international country  are eligible to apply for the scholarship. Financial Assistance Scholarships at Western International School of Shanghai in China 2022. It is freely available online for free to international and universal student.

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Financial Assistance Scholarships Description

In order to maintain an internationally and socio-financially multiple student body. Western International and Universal School of Shanghai is offering a limited amount of scholarships. The sponsorship awards are available to current WISS scholars, or recently disclose scholars in Early Years or Secondary who demonstrate fiscal need.

WISS offers a well-round the schedule with strong academics, language programs, creative arts, and sports. It cultivates healthy, confident and ethical people. They attempt to challenge and stimulate students to inquire, wonder and create each day. WISS’s point is to send into the world brave, compassionate universal and global citizens with the skill and intellect to help shape the future.

  • University or Organization: Western International School of Shanghai
  • Department: NA
  • Application Deadline: December 17, 2022
  • Course Level: Any degree
  • Award: Tuition Fee
  • Access Mode: Online
  • Number of Awards: Varies
  • Nationality: Domestic Students
  • The award can be taken in China

Shanghai

Shanghai, on China’s central coast, is the country’s biggest city and a global financial hub. Its heart is the Bund, a famed waterfront promenade lined with colonial-era buildings. Across the Huangpu River rises the Pudong district’s futuristic skyline, including 632m Shanghai Tower and the Oriental Pearl TV Tower, with distinctive pink spheres. Sprawling Yu Garden has traditional pavilions, towers and ponds.

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Shanghai has been describe as the “showpiece” of the booming economy of China. Featuring several architectural styles such as Art Deco and shikumen, the city is renown for its Lujiazui skyline, museums and historic buildings including the City God Temple, Yu Garden, the China Pavilion and buildings along the Bund. Shanghai is also known for its sugary cuisine, distinctive local language and vibrant international flair.

As an important international city, Shanghai is the seat of the New Development Bank, a multilateral development bank established by the BRICS states and the city hosts more than 70 foreign representatives and numerous national and international events every year, such as Shanghai Fashion Week, the Chinese Grand Prix and ChinaJoy. Shanghai is the highest earning tourist city in the world, with the seventh most five-star hotels in the world, and the second tallest building in the world, the Shanghai Tower. In 2018, Shanghai hosted the first China International Import Expo (CIIE), the world’s first import-themed national-level expo.

Financial assistance

Financial assistance in law refers to assistance given by a company for the purchase of its own shares or the shares of its holding companies. In many jurisdictions such assistance is prohibited or restricted by law. For example, all EU member states are required to restrict financial assistance by public companies up to the limit of the company’s distributable reserves, although some members go further, for example, Belgium, Bulgaria, France, and The Netherlands restrict financial assistance by all companies. Where such assistance is given in breach of applicable law it will render the relevant transaction void and may constitute a criminal offence.

The assistance can be of a variety of different types. The most common type of assistance is a financial guarantee for a loan and/or third party security to allow a borrower to borrow money to buy shares which is routinely given (to the extent legally possible) after a leveraged buyout in support of the new owner’s acquisition debt. It would also normally include a gift or loan from the company or any other act which reduces the net assets of the company to a material extent where this is done for the purpose of the acquisition of shares in itself or its parent.

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The rationale for such laws is purely economic; it is based upon the premise that if a company supports the purchase of its own shares, it causes a de facto diminution in the company’s value in the hands of other shareholders (who are assumed to continue their ownership following the transaction). Conflicting concerns have also been expressed, namely that such financial assistance artificially inflates a share’s price above its market level.

Authorities are unclear

Although the authorities are unclear, it seems that financial assistance may also have been a crime under the English common law prior to its codification by statute. If that is correct, then laws against financial assistance may be much more prevalent than is normally assume, and would also apply in many of the English speaking Commonwealth countries.

Laws against financial assistance are sometimes controversial because of the difficulties they can cause in the context of a leverage buyout, and some jurisdictions which have enact them have later repealed them. Some jurisdictions provide for so-call “whitewash” procedures, whereby the shareholders can authorise transactions that would otherwise be void for financial assistance.

Most jurisdictions which prohibit financial assistance permit the company to purchase its own shares and hold them in treasury, and the company can then issue them again on terms that would have been prohibit if they had sought to provide financial assistance in an equivalent manner for a third party purchase.

Western International

Western International University (WIU) is locate in Phoenix, Arizona, United States. The university was establish in 1978. It is accredit by North Central Association of Colleges and Schools, The Higher Learning Commission. Western University of Health Sciences (WesternU) welcomes international students and their families to our diverse university community. Whether you are a prospective, new, or current student we hope you will find our website helpful.

Eligibility

For any student to apply for this scholarship, he or she must be up to 15 years and above. And before you will be qualify you must follow the step given to you. Meanwhile, there are eligible steps you must follow before applying for Financial Assistance Scholarships at Western International School of Shanghai in China. Here are some steps you need to follow:

Allowable Nations: Domestic and international Students can apply for this application .
Acceptable Subjects: The studentship will be award in any degree subjects offers by the university.
Eligible Criteria: A successful student candidate for this program will:

  • Scholarship recipients must uphold high standards for academic honesty and character.
  • fiscal aid positions will be award to candidates as determined by the Scholarship Selection Committee
  • and based on documented economic need.
  • consideration will give to those scholars who have consistently made positive contributions to the WISS community through service, action, and participation in school life.
  • Any violation of academic honesty expectations, school policy. Or the law while attending WISS may result in the withdrawal of the program.

How to Apply

for you to apply for this scholarship, there are steps you can follow before applying for the scholarship.

There are:

  • How to Apply: To be contemplate for this award, applicants need to take admission to the university. After taking admission you can apply for the online funding form.
  • Supporting Documents: Student need to provide the detail about your monthly and yearly expenses below. Also submit a copy of the relevant page in your employment contract. And copies of your annual income tax statement. And any other documents that support your application. Should either of the parents operate their own business in China. a copy of your business license will need to be accede along with this application.
  • Admission Requirements: For taking admission, Scholarship recipients must maintain high academic achievement.
  • Language Requirements: Applicants must be able to indicate a good command of the English language for the opportunity .
  • Benefits: The university will be award financial aid for its domestic students.

In Conclusion

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Note: You have more to gain on you asking more questions on Financial Assistance Scholarships and more other work and study abroad like USA, Australia, UK and other developed countries are all on guidelines Here.

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