Financial Assistance Scheme for Post-secondary Students (FASP)

2152 9000


The Financial Assistance Scheme for Post-secondary Students (FASP) provides means-tested financial assistance in form of grant and/or loan to eligible full-time students pursuing locally-accredited, self-financing post-secondary education programmes at the level of associate degree, higher diploma or bachelor’s degree.

Level of Financial Assistance

  • Applicants who meet the eligibility criteria for FASP may refer to the Calculator on the webpage to obtain a rough estimate of the amount of eligible financial assistance.

  • The maximum level of assistance under FASP for the 2023/24 academic year is tabulated below:

    Item Maximum level of assistance (HK$)
    Tuition fees (TF) grant $91,040
    Academic expenses (AE) grant * $8,810
    Living expenses (LE) loan $57,340 (interest at a rate of 1% per annum shall be charged on the loan borrowed from the commencement date of the loan Repayment Period)
    Hostel subsidy the actual hostel fee payable (after deducting any other hostel subsidies or waivers) or $10,190 per year / $5,095 per semester, whichever is lower.
    Additional academic expenses grant for students with special educational needs $9,630
  • Applicants may have a rough estimation on the repayment amount by using the Calculator on the webpage.