Financial Assistance Scheme for Post-secondary Students (FASP)
Financial Assistance Scheme for Post-secondary Students (FASP)

Statistics

Statistics
Academic Year 2019/20 2020/21 2021/22
(as at 30.04.2022)
Student Population
- Sub-degree students 36 027 32 458 30 900
- Degree/Top-up degree students@ 36 875 36 592 36 100
Total 72 902 69 050 67 000
No. of applications
- received 19 290 18 897 17 405
- with results issued 19 290 18 897 16 967
No. of applicants
- with assistance paid 14 941 14 697 13 288
- with grant paid 14 937 14 694 13 287
- with loan offered* 14 675 14 441 13 042
- with loan paid* 3 089 2 875 2 295
Average amount paid
- assistance $58,738 $61,188 $65,114
- grant $50,044 $52,394 $57,046
- loan* $42,114 $45,012 $46,737
Total amount of
- grant paid $747.51m $769.87m $757.97m
- loan offered* $630.83m $648.57m $608.35m
- loan paid* $130.09m $129.41m $107.26m

@ Starting from 2008/09, the FASP was extended to cover sub-degree graduates pursuing full-time locally-accredited self-financing degree or top-up degree programmes.

* Starting from 2008/09, means-tested loans was provided under the FASP to cover the students’ living expenses.

Further Information

Joint Committee on Student Finance

Further Information

Change of Personal Particulars