August 6, 2018
Student International Solidarity Guarantor System Utilizing Students
Hitotsubashi University
Students Service Division
Accomodation Section

Notice on closure of the guarantor system for international students

At the Hitotsubashi University in Japan, when international students rent an apartment,
they are required to have a guarantor. In the case that they do not have one, they can join theInternational Student Housing Comprehensive Compensation of the Japan International
Education Support Association that our university supports.
In recent years, the number of properties offered for international students has increased
making it possible for owners of apartments and condominiums to rent houses by paying aguarantee fee to private guarantor companies and earn rental income. As a result, housing
support services for foreigners have improved and diversified, such as provision of living
support services in multiple languages.
In contrast, the number of international students at our university is increasing at aremarkable rate and challenges to accommodate diverse backgrounds and needs of students
are becoming more complex.
Against this backdrop, we decided to terminate the guarantor system with a dual objective ofimproving services for international students and reducing administrative work.
Applications for this program will no longer be accepted after the last day of September of thisyear (until the application completion). For students who have an existing contract with theuniversity as their joint guarantor, the guarantor contract is effective until the end of planned
study period or contract renewal deadline (whichever comes first), which was informed at thetime of application.
In light of this change, please double check that you have met all of the requirements before
submitting your application.
○ Important notice: Keep in mind when you are using the international student joint
guarantor system:
If you renew a contract that already has the university listed as the guarantor or if you enter
into a new contract after moving, please follow the instructions of the intermediary or thelandlord.

As an alternative to the former international student guarantor system, we are consideringoffering a discount system through partnering with a private credit guarantee company but
the services differ depending on the apartment owner and broker of each apartment. Pleasetake care with this matter.
○ Private Guarantor CompanySince the guarantor company dealt with by the owner and broker varies, please sign acontract with the guarantor company designated by both the owner and real estate agents.
Since the guarantee fee and compensation contents vary, please make sure to receive a
detailed explanation and agree on the contract.
(Outline of Credit Guarantee: Guide only)(Guarantee charge: this is just an example)⚫ The initial guarantee fee (guarantee fee for first year) is 20,000 ～yen (30%–50% of the⚫

rent).
Renewal fee (Fee per year to be taken after the second year) is 10,000 ~ yen.

⚫ Compensation contents
The guarantee company guarantees the following to the property management company andthe owner (even if you pay the guarantee fee, it does not mean that you can leave yourluggage behind or not pay the rent on time.)
Monthly Late fees (insurance for late payment)
Removal / storage cost of the tenant’s belongings (cost of disposing / storing the contents left
behind by the tenant).
Lawsuits fees
※ The coverage does not include fire insurance (tenancy liability insurance) and personal
liability insurance, so it is obligatory to sign up separately from guarantor contract.
○ Providing information on housing services such as apartments
At the university, we hope to provide more information about off-campus apartments forinternational students.
For details, please visit the university’s website:
http://international.hit-u.ac.jp/jp/curr/accom/apartment.html