Adjustment of Non-means-tested Loan Schemes(NLS) Interest Rate
The interest rate of the Non-means-tested Loan Schemes has been adjusted from 2.17% to 1.92% per annum with effect from 1 December 2024.
“Electronic Household Application Form for Student Financial Assistance Schemes” for 2024/25 school year has been launched, which is applicable for new applicants of financial assistance schemes for pre-primary students.
Financial Assistance Scheme for Post-secondary Students (FASP) and Non-means-tested Loan Scheme for Post-secondary Students (NLSPS) for the 2024/25 academic year are now open for application .
Tertiary Student Finance Scheme - Publicly-funded Programmes (TSFS) and Non-means-tested Loan Scheme for Full-time Tertiary Students (NLSFT) for the 2024/25 academic year are now open for application.
The Finance Committee of the Legislative Council has approved to further extend the current interest-free deferral of student loan repayment for one year from 1 April 2024 until 31 March 2025. Please click here to learn more.