The School is named Sheisu. The Setting plays in the Modern world where the true Potential of the sword was unlocked. Magic attacks and much more. The Academy is prestigous and the Students there are lively, competetive and vary from one of another. The Top 5 students in the school are the Student Coucil.
In this Wold exist the Giftias from the anime plastic memories.

Everything in the School is decided by the sword even the ranking. 
The Student Council President  the top 1 Student is a Girl.