The Continuing Education Fund (CEF) subsidises adults with learning aspirations to pursue continuing education and training. Eligible applicants may submit unlimited number of claims for reimbursement of fees up to a maximum sum of HK$20,000 within one year upon successful completion of CEF reimbursable courses and before reaching the age of 71. The co-payment ratios by learners (i.e. the percentage of fees to be borne by learners) for the first HK$10,000 subsidy is 20% of the course fee and that for the second HK$10,000 subsidy is 40% of the course fee.