Information on interest, administrative fee, surcharge/overdue interest

Means-tested Assistance Schemes
(Tertiary Student Finance Scheme - Publicly funded Programmes (TSFS)/ Financial Assistance Scheme for Post-secondary Students (FASP))
Non-means-tested Loan Schemes
(Non-means-tested Loan Scheme for Full-time Tertiary Students (NLSFT)/ Non-means-tested Loan Scheme for Post-secondary Students (NLSPS)/ Extended Non-means-tested Loan Scheme (ENLS))
Interest 1% per annum

2.42% per annum*

(Last updated on 1 August 2023)

Surcharge/ Overdue Interest 5%# Adopting the average of the prevailing best lending rates quoted by the note-issuing banks in the Hong Kong Special Administrative Region#
Administrative fee N/A $180*


Please refer to NLSFT/NLSPS/ENLS for details of interest and administrative fee.


For Means-tested Assistance Schemes, surcharge at the rate of 5% of the overdue amount will be charged for late repayment. For Non-means-tested Loan Schemes, overdue interest is calculated by applying the prevailing overdue interest rate to accrue over the period from the due date to the day preceding the date of actual repayment of the overdue amount.