2
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WEDNESDAY, SEPTEMBER 2, 1992
BEFORE ENDING HIS VISIT, THE GOVERNOR MET DISTRICT BOARD MEMBERS AND URBAN COUNCILLORS IN THE NAM CHEONG COMMUNITY CENTRE.
MR PATTEN WAS ACCOMPANIED ON THE VISIT BY THE REGIONAL SECRETARY (HONG KONG AND KOWLOON), MR PAUL WONG; SHAM SHUI PO DISTRICT OFFICER, MR ALAN FUNG, AND DISTRICT BOARD CHAIRMAN, MR RAYMOND CHOI.
FEES FOR DEGREE, SUB-DEGREE COURSES TO GO UP
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THE GOVERNMENT ANNOUNCED TODAY (WEDNESDAY) THAT FEES FOR DEGREE AND SUB-DEGREE COURSES IN INSTITUTIONS FUNDED BY THE UNIVERSITY AND POLYTECHNIC GRANTS COMMITTEE WILL BE INCREASED FROM THE 1993-94 ACADEMIC YEAR.
THE NEW FEE FOR DEGREE COURSES WILL BE $17,000 AND THAT FOR SUB-DEGREE COURSES WILL BE $12,750. THESE COMPARE WITH $11,600 AND $9,000 RESPECTIVELY FOR 1992-93.
A GOVERNMENT SPOKESMAN SAID THE ADJUSTMENT FOLLOWED A POLICY DECISION IN JANUARY LAST YEAR TO GRADUALLY INCREASE THE COST RECOVERY RATE OF DEGREE COURSES TO REACH 18 PER CENT BY THE END OF THE 1995-98 TRIENNIUM AND THAT THE FEE FOR SUB-DEGREE COURSES SHOULD BE 75 PER CENT OF THAT FOR DEGREE COURSES.
"IT WAS ANNOUNCED THEN THAT THE INDICATIVE FEE FOR 1993-94 SHOULD BE $17,000 WHICH IS EQUIVALENT TO A COST RECOVERY RATE OF 12.1 PER CENT," THE SPOKESMAN SAID.
"HOWEVER, HAVING REVIEWED THE UP-TO-DATE COST FIGURES, IT IS FOUND THAT $17,000 ONLY REPRESENT 10.6 PER CENT COST RECOVERY RATE.
"INSTEAD OF INCREASING THE 1993-94 FEE LEVEL FURTHER TO MAINTAIN THE ORIGINALLY FORECASTED COST RECOVERY RATE, THE GOVERNMENT HAS DECIDED TO GO FIRM ON $17,000 SO AS ΤΟ AVOID PASSING THE FULL IMPACT OF INFLATION ON TO STUDENTS."
THE INDICATIVE FEES FOR THE THREE ACADEMIC YEARS 1994-97 ARE:
INDICATIVE
FEE (DEGREE)
RECOVERY
RATE
INDICATIVE
FEE (SUB-DEGREE)
1994-95
$24,000
13.5
$18,000
1995-96
$31.000
16
$23,250
1996-97
$36,000
17
$27,000
/THE INCREASE