Non-means-tested Loan Scheme for Full-time Tertiary Students (NLSFT)

Overview

The Non-means-tested Loan Scheme for Full-time Tertiary Students (NLSFT) is to complement the Tertiary Student Finance Scheme – Publicly-funded Programmes (TSFS) to provide loans to eligible students to settle tuition fees of recognised full-time study courses.

Scheme Characteristics

Eligibility
Eligibility

Applicants must be registered as a full-time student of a recognised post-secondary programme at one of the institutions under the TSFS, taking up an exclusively publicly-funded student place; and have the right of abode in the Hong Kong Special Administrative Region (Hong Kong); or alternatively, applicants or their families must have resided in Hong Kong continuously for three complete years before the commencement of the programme.

Interest
Interest

Loan borrowers have to pay interest for their loans. Interest is accrued upon loan drawdown and throughout the study period until the loan is repaid in full.

Administrative Fee
Administrative Fee

An administrative fee is chargeable for each application and each loan account, upon submission of application and annually thereafter until the loan and interest accrued thereon are fully repaid. Administrative fee paid is neither refundable nor transferable. Loan accounts will be created on a course basis.

Maximum Level of Loan Amount
Maximum Level of Loan Amount

Eligible students who apply for the NLSFT only, i.e. have not applied for assistance (i.e. grant and / or loan) or have failed to obtain assistance under the TSFS, may receive loan up to their total annual tuition fees payable in the academic year, subject to the combined life-time loan limit under NLSFT and Non-means-tested Loan Scheme for Post-secondary Students (NLSPS) not being exceeded.

E-Submission
E-Submission

Applicants can submit online applications anytime and anywhere via the "SFO E-link – My Applications", save the incomplete application form for filling in afterwards, or download the submitted application form for reference. Applicants can also use "iAM Smart+" to sign the "Declaration Form" and submit it with the supporting documents online to save time and hassle.

Application online is easier and save time
Application online is easier and save time