Financial Assistance Scheme for Post-secondary Students (FASP) and Non-means-tested Loan Scheme for Post-secondary Students (NLSPS) are now open for online application for the 2023/24 academic year.
Tertiary Student Finance Scheme – Publicly-funded Programmes (TSFS) and Non-means-tested Loan Scheme for Full-time Tertiary Students (NLSFT) are now open for online application for the 2023/24 academic year.
The Government proposed in the 2023-24 Budget that recipients of the Working Family Allowance (WFA) be provided with a one-off extra allowance. The extra allowance is equal to one half of the average monthly allowance in approved months in a recipient’s most recently submitted WFA application, which was submitted during the applicable period and eventually approved. Please click here to learn more.
The income and asset limits of the Working Family Allowance Scheme (applicable to claim months from April 2023 to March 2024) have been announced. Please click here to learn more.
The 36th Awards Presentation Ceremony of the Sir Edward Youde Memorial Fund (SEYMF) at Hong Kong City Hall will be held this Sunday (March 19). Around 940 students, four apprentices and five working adults will be presented with scholarships and awards under the SEYMF. Officiating guests will include the Chairman of the SEYMF Council, Mr Ma Ching-cheng, and other members of the Board of Trustees and the Council.
“Electronic Household Application Form for Student Financial Assistance Schemes” for 2023/24 school year has been launched
Adjustment of Non-means-tested Loan Schemes(NLS) Interest Rate
The interest rate of the Non-means-tested Loan Schemes has been adjusted from 1.645% to 1.895% per annum with effect from 1 January 2023.
Faster Payment System (FPS) was introduced as a repayment method of SFO in November 2021. You can use the mobile banking app or e-wallet that supports Government FPS bill payments to pay SFO demand notes printed with FPS QR code.
The Finance Committee of the Legislative Council has approved an interest-free deferral of student loan repayment for a period of two years. Please click here to learn more.