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SATURDAY, MARCH 9, 1991
AMONGST THEM, 16 ARE FROM AKU; 10 FROM CUHK; FOUR FROM THREE FROM CPHK AND ONE FROM HKBC.
HKP:
69 UNDERGRADUATE AND DIPLOMA STUDENTS WERE AWARDED WORTH $10,000 EACH.
SCHOLARSHIP
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OF THESE, 33 STUDENTS ARE FROM HKU, CUHK AND HKP (EACH WITH STUDENTS); NINE FROM CPHK; SIX FROM HKBC; FIVE FROM SHUE YAN COLLEGE, THREE EACH FROM LINGNAN COLLEGE, GRANTHAM COLLEGE OP EDUCATION AND SIR ROBERT BLACK COLLEGE OF EDUCATION; FIVE FROM NORTHCOTE COLLEGE OF EDUCATION AND TWO FROM HONG KONG TECHNICAL TEACHERS' COLLEGE.
BESIDES, 567 SENIOR SECONDARY SCHOOL STUDENTS RECEIVED SIR EDWARD YOUDE MEMORIAL PRIZES AMOUNTING TO $226,800.
THE
THEY WERE ALL NOMINATED BY THEIR RESPECTIVE PRINCIPALS ON BASIS OF THEIR OUTSTANDING PERFORMANCE IN BOTH STUDIES AND EXTRA- CURRICULAR ACTIVITIES AT SCHOOL.
"IT IS PLEASING TO SEE THAT MORE AND MORE STUDENTS FROM OUR
TERTIARY INSTITUTIONS, POST-SECONDARY COLLEGES AND SECONDARY HAVE BENEFITTED FROM OUR SCHEMES, MR CHEONG SAID.
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SCHOOLS
"THE NUMBER AND THE VALUE OF AWARDS WILL BE FURTHER INCREASED IN THE NEXT ACADEMIC YEAR WHEN WE EXPECT THE TOTAL EXPENDITURE ON THE AWARDS WILL RISE TO SOME $6 MILLION, HE ADDED
"WE STRONGLY BELIEVE THAT IN ENCOURAGING ACADEMIC PURSUITS AMONG OUR YOUNGER GENERATION, WE SHALL BE BUILDING A SOLID FOUNDATION FOR OUR SOCIETY, FOR IT IS THEM WHO WILL PLAY A KEY ROLE IN A PROSPEROUS AND STABLE FUTURE HONG KONG."
ACCORDING TO SIR QUO-WEI LEE, CHAIRMAN OF THE FUND'S BOARD OF TRUSTEES, THE FUND'S PORTFOLIO HAS INCREASED TO $107.8 MILLION, WHICH 15 28.9 PER CENT MORE THAN THE $83.65 MILLION RECEIVED FROM DONATIONS.
WHILST THE FUND'S INCOME HAS GROWN, ITS EXPENDITURE ON AWARDS HAS ALSO INCREASED.
"THERE IS LITTLE DOUBT THAT THE FUND'S RECURRENT EXPENDITURE WILL CONTINUE TO RISE AS THE VARIOUS SCHOLARSHIP SCHEMES ARE EXTENDED
IN STEP WITH THE EXPANSION OF HONG KONG'S TERTIARY EDUCATION.
"TO ENABLE
THE FUND ΤΟ MEET THE INCREASING DEMAND FOR SCHOLARSHIPS AND RESEARCH GRANTS, THE CONTINUED SUPPORT OF THE COMMUNITY IS VITAL.
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THE FUND WELCOMES FURTHER DONATIONS TO ALL BRANCHES HONGKONG BANK AND THE HANG SENG BANK, OR TO THE TRUST FUNDS OF THE CITY AND NEW TERRITORIES ADMINISTRATION.
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