Post-secondary & Tertiary
1 Aug 2023

Adjustment of Non-means-tested Loan Schemes(NLS) Interest Rate

The interest rate of the Non-means-tested Loan Schemes has been adjusted from 2.295% to 2.42% per annum with effect from 1 August 2023.

Post-secondary & Tertiary
30 Jun 2023

The Finance Committee of the Legislative Council has approved to further extend the current interest-free deferral of student loan repayment for one year from 1 April 2024 until 31 March 2025. Notification letters about the details will be issued later.

Post-secondary & Tertiary
15 Feb 2022

The Finance Committee of the Legislative Council approved an extension of the interest-free deferral of loan repayment for student loan repayers for another two years from 1 April 2022.

Post-secondary & Tertiary
10 Nov 2021

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.