Performance Pledges

Post-secondary & Tertiary Level - Full-time Locally Accredited, Self-financing Programmes

Financial Assistance Scheme

Notification of Results

Disbursement of Assistance

% achieved (2022/23 Academic Year)

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

 

 

 

 

* Application for financial assistance

90% within 60 days from the date of acknowledging receipt of application with complete information#


-

99.0%

* Review of financial assistance

If complete information is provided, within 10 weeks from the date of acknowledging receipt of application for review 

 

-

100%

(b) Student Travel Subsidy 

(for FASP)

 

 

 

-

Within two months from the payment of the financial assistance under FASP starting from September with disbursement in one lump sum or by two instalments^

 

100%

 

 

 

 

(c) Non-means-tested Loan Scheme for Post-secondary Students (NLSPS)

Within three weeks from the date of acknowledging receipt of application with complete information upon submission of application#

-

100%

Footnotes:

#

Subject to the availability of the annually adjusted grant ceiling, loan ceiling and life-time loan limits, as appropriate, which will normally be determined in or before July each year.

^

The subsidy will be disbursed either in one lump sum or by two instalments, depending on whether the institution can provide course details (e.g. venue for the study programme, term days) of and the allocation of hostels to the applicants before the start of the academic year.