FEES, SCHOLARSHIPS AND FINANCIAL ASSISTANCE

This section deals with tuition and other fees, and financial assistance available for students.

Fees for 1999-2000 Academic Year

There are a variety of fees as described below. Except for caution money, fees described below are not refundable.

1. Application Fee

An application fee of HK$120 is charged for each application for admission in 1999-2000 to the University. This fee, payable at the time of submission of the application form, is not refundable.

2. Tuition Fee

The tuition fee for postgraduate students admitted for the academic year 1999-2000 (except for those in the MBA and EMBA programs) is expected to be HK$47,300 per annum for full-time students and HK$23,650 per annum for part-time students.

The fee is to be paid in two equal installments before the beginning of each semester.

3. Fee structure for full-time and part-time MBA students

The fee structure for full-time and part-time MBA students is described in the MBA brochure of the School of Business and Management.

4. Fees for visiting overseas postgraduate students

Application fee HK$120

Tuition fee for visiting overseas HK$23,650 (to be confirmed) postgraduate students for one semester of full-time mode of study;

or

HK$1971 per credit (to be confirmed) for studies during the Winter or Summer Session.

5. Partial fees

Taught postgraduate students studying HK$1971 per credit (to beyond the normal duration confirmed)

Research postgraduate students studying 50% of the tuition fee paid for beyond the normal period that semester will be refunded if all program and residency requirements of the University have been met within the first three calendar months of a semester.

FEES, SCHOLARSHIPS AND FINANCIAL ASSISTANCE

6. Caution money

Each new student is required to pay a deposit of $300 as caution money on first registration. Charges will be made against this deposit if there are any unpaid claims against the student, such as outstanding library dues. The balance will be transferred towards the graduation fee, or refunded if the student leaves the University before graduation.

7. Students’ Union fee

Students joining the Students’ Union are required to pay an initial entry fee and thereafter an annual subscription. These fees are set by the Union and collected by the University on behalf of the Union.

8. Late charges

Students may be required to pay late charges for failure to complete certain University procedures by stipulated deadlines. These include overdue library books. Late charges are levied in accordance with the rules and regulations set by the respective offices.

9. Charges per person for on-campus student accommodation (Charges are subject to confirmation)

Postgraduate Hall :

Single rooms; HK$16,500 per residential year*

University Apartments :

Single rooms; HK$3,280 per calendar month (excluding utility charges) All rooms are air-conditioned and the charges do not include electricity charges for air-conditioning. All charges are paid in advance by installments.

(*The 1999-2000 residential year covers 281 days from 27 August 1999 to 3 June 2000.)

10. Other small fees and charges

Transcript fee per copy# (excluding registration mail charges) $50

Replacement of Student I/D Card $50

Graduation fee $300

Testimonial fee $20

(# A free copy will be issued to students upon graduation or withdrawal from the University.)

FEES, SCHOLARSHIPS AND FINANCIAL ASSISTANCE

Scholarships

Scholarships and Prizes

The University administers a number of scholarships and prizes on behalf of individual and corporate donors. Most are awarded to students, without application, on the strength of academic merit and the recommendations of a school or department. Other scholarships may have conditions specified by the donor. Further details are available at the Student Affairs Office.

Postgraduate Studentships

The University awards postgraduate studentships (PGSs) to selected full-time research postgraduates who consequently engage in ancillary teaching and/or research duties. In 1998-99, the rate of PGSs was $15,500 per month.

Financial Assistance

Government Student Financial Assistance

Full-time students who have the right of abode in Hong Kong or have resided or have had their home in Hong Kong continuously for three complete years immediately prior to the commencement of their year of study are eligible to apply to the Government Student Financial Assistance Agency for financial aid. Assistance is offered through two schemes :

Means-tested scheme :

Under this scheme, means-tested awards are offered in the form of grants and/or loans. Grants are given for tuition fee and academic expenses while loans are for living expenses. The amount awarded is related to family income and financial status.

Grants need not be repaid; loans are to be repaid at a relatively low interest rate of 2.5% per annum within a specified period after graduation or upon leaving the University.

Non-means-tested loan scheme :

This scheme offers loans up to the amount of tuition fee to applicants who do not apply for assistance or who fail to receive assistance from the means-tested scheme.

It also allows students who receive assistance from the means-tested scheme to top up the grant and loan amount to its maximum level, subject to the non-means-tested loan maximum (equivalent to the amount of tuition fee) not being exceeded. Loans awarded are not means-tested. Students are expected to repay the loans at a cost recovery interest rate within a specified period after graduation or upon leaving the University.

FEES, SCHOLARSHIPS AND FINANCIAL ASSISTANCE

Students may apply for assistance from both schemes or either one. Application forms and further details may be obtained from the Government Student Financial Assistance Agency at 9/F, National Mutual Centre, 151 Gloucester Road, Wanchai, Hong Kong, or from the Student Affairs Office of the University. Students with financial difficulties are urged to apply for Government assistance as soon as it is open for application.

University Loans and Bursaries

Students with additional financial needs may apply for loans and bursaries administered by the University. In general, these funds are used to supplement, but not substitute for, Government financial assistance. Details of loans and bursaries are available at the Student Affairs Office.

ACADEMIC REGULATIONS