Tertiary Student Finance Scheme - Publicly-funded Programmes (TSFS)
Tertiary Student Finance Scheme - Publicly-funded Programmes (TSFS)

Financial Calculator

  • Interest-free Deferral of Student Loan Repayment
    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.
Repayment upon graduation / cessation of study
  • All loans need to be repaid upon your graduation or when the course has officially ended. For example, a student loan borrower enrolls in a four-year study programme and takes up full TSFS loan of $53,070 (i.e. maximum loan for 2020/21 application) at each year of study, his / her total loan principal amount will be $212,280 upon commencement of repayment. Assuming the interest rate remains at 1% per annum, if the student loan borrower opts to repay the loan in 15 years by 180 equal monthly installments, his / her monthly instalment amount will be around $1,271 (except the last instalment).
  • Please try our repayment calculator to have a rough estimation on the repayment amount for your anticipated total amount of loan to be accepted during your study period.
STEP 2 General Information

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STEP 2 General Information

Interest Rate & Administrative Fee