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

Level of Financial Assistance

  • To obtain a rough estimate of the amount of financial assistance that you could receive, please refer to the calculator at the webpage.
  • The maximum level of assistance under FASP is made up of tuition fee grant, academic expenses grant and living expenses loan:

    Tuition fee (TF) grant
    TF grant at annual tuition fees payable subject to a ceiling. The ceiling for the 2021/22 academic year is $86,570;

    Academic expenses (AE) grant
    The maximum amount of AE grant for the 2021/22 academic year is $8,380; and

    Living expenses (LE) loan
    The maximum amount of LE loan for the 2021/22 academic year is $53,890.

    Hostel subsidy for eligible undergraduate students
    In the 2021/22 academic year, the maximum rate of the hostel subsidy for eligible undergraduate students Read More is $9,690 a year.

    Eligible students need not file separate applications for the hostel subsidy.

    The subsidy is to be disbursed on a semester basis. The actual amount of subsidy receivable by each eligible undergraduate is to be determined with respect to the student’s level of assistance assessed under the FASP. The basis for determining the subsidy payable will be the actual hostel fee payable (after deducting any other hostel subsidies or waivers) or $9,690 per year / $4,845 per semester, whichever is lower.

    For enquiries on eligibility criteria for the subsidy, please call 2152 9000.

    For enquiries on payment arrangement, please call 3102 3026/3102 3027 Payment Unit.

    Additional academic expenses grant for students with special educational needs
    Each eligible student Read More will be offered an additional academic expenses grant of up to $9,150 in 2021/22 academic year. The actual amount of the additional academic expenses grant receivable is to be determined with respect to the student’s level of assistance assessed under the FASP.

    Eligible students of the grant can complete and return the request form to the SFO of the WFSFAA by 31 December 2021 by one of the following means:

    -by post to the Application Processing Registry of Vetting Section 1B at Room 401, 4/F, Trade and Industry Tower, 3 Concorde Road, Kai Tak, Kowloon; OR

    -by fax to 2157 9520

    In any case, the request form should reach the SFO on 31 March 2022 the latest.
STEP 2 General Information

Method of Assessment

STEP 2 General Information

Responsibilities of Applicants & Indemnifiers