ANNEX B
EDUCATION TRUST FUND
BACKGROUND
CHRAAC
1. At present there exists British funding support for scholarships to Britain for students from Hong Kong in the form of fee support, but it is primarily for undergraduate study rather than for
There is a need for a scheme postgraduate or professional training. which can provide opportunities for young people to undertake higher levels of training in Britain and which can sponsor research posts. This could contribute significantly to the creation of a body of well trained academics and professionals and generate new expertise
within Hong Kong.
PROPOSAL
2. It is proposed that an Education Trust Fund be established for the purpose of providing scholarships to the best young graduates for postgraduate studies and to young post doctoral researchers and professionals. Awards should provide for professional studies and experience in Britain and would also be available to more senior academics at post doctoral level and professionals for research or professional updating. They would be dependent upon an undertaking to return to work in Hong Kong. They could include the sponsorship of research conducted in Hong Kong. The Trust Fund will be established with the intention of raising capital funds from organisations in Hong Kong and Britain.
COST OF PROPOSAL
3.
£1m per year for five years to provide annually a mixture of
three year awards
one year academic awards and research grant
- one year young professional awards and
one year professional updating award
and thereafter from Trust fund income.
(Source of figures: British Council)