Enquiry
wg_sfo@wfsfaa.gov.hk

Financial Assistance Scheme for Post-secondary Students (FASP)

E-Submission
Enquiry
2152 9000
wg_sfo@wfsfaa.gov.hk

Overview

The Financial Assistance Scheme for Post-secondary Students (FASP) provides means-tested financial assistance in form of grant and/or loan to eligible full-time students pursuing locally-accredited, self-financing post-secondary education programmes at the level of associate degree, higher diploma or bachelor’s degree.

Level of Financial Assistance

  • Applicants who meet the eligibility criteria for FASP may refer to the Calculator on the webpage to obtain a rough estimate of the amount of eligible financial assistance.

  • The maximum level of assistance under FASP for the 2024/25 academic year is tabulated below:

    Item Maximum level of assistance (HK$)
    Tuition fees (TF) grant $93,130
    Academic expenses (AE) grant * $9,010
    Living expenses (LE) loan $58,890 (interest at a rate of 1% per annum shall be charged on the loan borrowed from the commencement date of the loan Repayment Period)
    Hostel subsidy the actual hostel fee payable (after deducting any other hostel subsidies or waivers) or $10,420 per year / $5,210 per semester, whichever is lower.
    Additional academic expenses grant for students with special educational needs $9,850

  • Applicants may have a rough estimation on the repayment amount by using the Calculator on the webpage.