“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 .
“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 primary and secondary students.
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.
With effect from the 2024/25 academic year, e-payment of administrative fee via credit card and Faster Payment System is available for applicants of the three non-means-tested loan schemes.
The administrative fee chargeable for each application and each loan account in every academic year under the three non-means-tested loan schemes will be adjusted to HK$216 with effect from the 2024/25 academic year.
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.
Adjustment of Non-means-tested Loan Schemes(NLS) Interest Rate
The interest rate of the Non-means-tested Loan Schemes has been adjusted from 2.295% to 2.42% per annum with effect from 1 August 2023.
The Finance Committee of the Legislative Council approved an extension of the interest-free deferral of loan repayment for student loan repayers for another two years from 1 April 2022.
Faster Payment System (FPS) was introduced as a repayment method of SFO in November 2021. You can use the mobile banking app or e-wallet that supports Government FPS bill payments to pay SFO demand notes printed with FPS QR code.