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

Deferment of Repayment

  • Interest-free Deferral of Student Loan Repayment
    The Finance Committee of the Legislative Council approved on 15 February 2022 an extension of the interest-free deferral of loan repayment for student loan repayers for another two years. Please click here to learn more.
  • If you have difficulties in repaying the loans due to further full-time study, financial hardship or serious illness, you may apply for deferment of loan repayment. The SFO will consider each application on its own merits.
  • Application for deferment of loan repayment should be submitted in writing, together with the necessary documentary proof, to the SFO before the due date(s) of the instalment(s) under application.
  • For application by fax or by email, the date of receipt of the fax or email will be considered to be the date of application. For application by post, the postmark date on the envelope will be regarded as the date of application. Relevant application forms are available at the SFO. You may also download the application form concerned from SFO webpage.
  • Application for deferment of loan repayment is only applicable to the total amount due for repayment, which may comprise interest and outstanding principal. Application for deferment of only a part of the repayment amount will not be acceded to.
  • If approval for deferment of loan repayment is granted, the standard repayment period may be extended up to a maximum of two years (i.e. the entire repayment period will be up to 17 years). Interest will not accrue over the period of deferment, which is from the month immediately preceding the start date of the approved deferment to the month immediately preceding the date of resumption of repayment. The deferred loan may be repaid on a revised schedule with fewer numbers of instalments and at a larger amount or on any other terms as decided by the SFO.
STEP 5 Loan Repayment

Repayment Methods

STEP 5 Loan Repayment

Consequences of Default