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

Overview

The Non-means-tested Loan Scheme for Post-secondary Students (NLSPS) is to complement the Financial Assistance Scheme for Post-secondary Students (FASP) to provide loans to eligible students to settle tuition fees of locally-accredited, self-financing full-time programmes at the level of associate degree, higher diploma or degree.

Statistics

Non-means-tested Loan Scheme for Full-time Tertiary Students (NLSFT) /
Non-means-tested Loan Scheme for Post-secondary Students (NLSPS) /
Extended Non-means-tested Loan Scheme (ENLS)
Academic Year 2022/20232023/2024 2024/2025
(as at 31.10.2024)
No. of applications
- received Total 32 212 33 92030 850
NLSFT 13 679 14 68414 522
NLSPS 12 136 12 91212 868
ENLS 6 397 6 3243 460
- with results issued Total 32 212 33 92028 546
NLSFT 13 679 14 68413 903
NLSPS 12 136 12 91212 292
ENLS 6 397 6 3242 351
No. of applications
- with loan offered Total 31 55433 20128 016
NLSFT 13 371 14 33513 654
NLSPS 11 786 12 54212 011
ENLS 6 3976 3242 351
- with loan paid Total 27 181 28 59114 469
NLSFT 11 199 11 9875 566
NLSPS 10 063 10 7897 112
ENLS 5 9195 8151 791
Average amount of loan paid^ Total $55,632.24 $55,838.20$29,109.82
NLSFT $39,870.52 $39,908.23$20,704.28
NLSPS $60,429.30 $59,802.58$30,191.23
ENLS $77,298.53 $81,320.72$50,938.02
Total amount of loan paid^ (million) Total$1,512.14$1,596.47$421.19
NLSFT $446.51 $478.38$115.24
NLSPS $608.10 $645.21$214.72
ENLS $457.53 $472.88$91.23

Remarks :
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Approved loan will be paid in more than one instalment. The amount of loan paid in the 2024/25 academic year shown in the table above does not reflect the full amount of loan paid in the year until the respective application cycle ends.