URSDAY, AUGUST 25, 1994
FINANCIAL HELP FOR UNDERGRADUATE STUDIES
IN
RESPONSE TO MEDIA ENQUIRIES, THE CONTROLLER OF THE STUDENT FINANCIAL ASSISTANCE AGENCY, MR ALFRED WONG, ISSUED THE FOLLOWING STATEMENT TODAY (THURSDAY):
OF
"IT HAS ALWAYS BEEN, AND WILL CONTINUE TO BE, THE GOVERNMENT'S POLICY THAT NO STUDENTS WILL BE UNABLE TO ACCEPT, THROUGH LACK MEANS, THE OFFER OF A PLACE AT ANY OF THE UNIVERSITY AND POLYTECHNIC GRANTS COMMITTEE-FUNDED TERTIARY INSTITUTIONS TO PURSUE UNDERGRADUATE STUDIES.
"AS
AT TODAY (THURSDAY), THE LOCAL STUDENT FINANCE SCHEME RECEIVED 19,964 APPLICATIONS FROM CURRENT STUDENTS, AN INCREASE 54.9 PER CENT OVER LAST YEAR'S FIGURE OF 12,888.
HAS
OF
FEW
"WE WILL BE SENDING OUT 7,000 NOTIFICATIONS OVER THE NEXT DAYS AND ANOTHER 7,000 IN THE FIRST WEEK OF SEPTEMBER. OTHER APPLICANTS WILL BE NOTIFIED OF THEIR RESULTS AS SOON AS THEIR APPLICATIONS HAVE BEEN PROCESSED.
"ARRANGEMENTS WILL BE MADE FOR THE TUITION FEE GRANT PORTION OF FINANCIAL ASSISTANCE TO BE PAID TO THE INSTITUTIONS OF APPLICANTS DIRECT AFTER NOTIFICATION OF RESULTS. ACADEMIC EXPENSES GRANT WILL BE PAID ΤΟ THE APPLICANTS' BANK ACCOUNTS TOGETHER WITH THE LOANS UPON COMPLETION OF THE LOAN DOCUMENTS BY THE SUCCESSFUL APPLICANTS.
"STUDENTS WHO HAVE APPLIED FOR FINANCIAL ASSISTANCE UNDER THE LOCAL STUDENT FINANCE SCHEME AND WHO HAVE PROBLEMS IN MEETING THE DEADLINE FOR PAYMENT OF THEIR TUITION FEES SHOULD NOTIFY IN ADVANCE THE STUDENT OFFICE OF THEIR RESPECTIVE INSTITUTION FOR ASSISTANCE. THE STUDENT OFFICE WILL THEN LIAISE WITH THE STUDENT FINANCIAL ASSISTANCE AGENCY ON WAYS TO DEALING WITH SUCH CASES,"
0
TRADING FIRM FINED FOR GARMENT ORIGIN FRAUD
A
$200,000
TRADING COMPANY AND ITS DIRECTOR WERE SENTENCED TO A FINE AND 12 MONTHS' IMPRISONMENT AT WAN CHAI DISTRICT COURT TODAY (THURSDAY) FOR FALSELY DECLARING THE ORIGIN OF $2.62 MILLION WORTH OF CHINA-MADE GARMENTS AND SUPPLYING THEM WITH FALSE LABELS ORIGIN.
OF
CITY HAND LIMITED, A GARMENT TRADING COMPANY, AND ITS DIRECTOR FONG YUK-FAI PLEADED GUILTY TO TWO COUNTS OF AIDING, ABETTING, COUNSELLING OR PROCURING THE APPLICATION OF FALSE TRADE DESCRIPTION TO 6,200 DOZEN PAIRS OF SHORTS AND 1,980 DOZENS OF TOPS AND PANTS
SETS, AND ΤΟ TWO COUNTS OF SUPPLYING THE GARMENTS TO WHICH A FALSE TRADE DESCRIPTION WAS APPLIED.
THE FIRM WAS FINED $200,000 AND FONG WAS SENTENCED ΤΟ 12 MONTHS' IMPRISONMENT, SUSPENDED 18 MONTHS.
/THE COURT