Financial Assistance

Meeting the financial needs of university expenses may not be an easy task for every young adult. If you have financial difficulties, you may apply for Government or University financial assistance. If you need advice or help in solving your financial problems, you are encouraged to approach the Scholarships and Financial Aid Office.

Government Schemes

Full-time local students taking UGC-funded courses are eligible to apply for financial aid. Assistance is offered through two schemes.

Under the Tertiary Student Finance Scheme (TSFS), means-tested assistance is offered in the form of grants and low interest rate loans. Grants are given for tuition fees and academic expenses while loans are for living expenses. The amount offered is related to family income and financial status.

Under the Non-means Tested Loan Scheme (NLSFT), students are expected to repay the loans at a cost recovery interest rate. The amount offered is related to the grant and loan a student receives under the Tertiary Student Finance Scheme, and the tuition fee the student must pay. The maximum loan offered would cover tuition fee, academic expenses and living expenses.

Further details could be obtained from the website of the Working Family and Student Financial Assistance Agency.

The Government schemes are the main source of assistance to most students. If you need financial aid, it is essential that you apply for assistance under these schemes. Generally the application deadline for new students would be mid September of the year. Details would be available at the website of Scholarships and Financial Aid Office. If you have trouble completing the form or have any worries, contact the Scholarships and Financial Aid Office for advice.

University Financial Assistance

To supplement Government schemes, the University Financial Assistance is available to assist students who are unable to obtain adequate assistance under the Government schemes. Owing to limited resources, the amount offered will not be sufficient to cover all your expenses. Applications would normally be invited from mid August to late September of the year. For details, please visit the website of Scholarships and Financial Aid Office.

Emergency Financial Assistance

Students with urgent financial hardship may approach the Scholarships and Financial Aid Office for emergency financial assistance any time during the year.

Other Student Financial Support

Details of other financial support are available from the website of Scholarships and Financial Aid Office.