XN000022-1986-06-28 — Page 6

SATURDAY, JUNE 28, 198E

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LOANS OFFERED TO NEEDY STUDENTS

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ASSISTANCE FROM TWO STUDENT LOAN FUNDS IS AGAIN BEING OFFERED TO NEEDY STUDENTS AT POST-SECONDARY INSTITUTIONS, TECHNICAL INSTITUTES AND SECONDARY SCHOOLS.

APPLICATIONS ARE NOW INVITED FOR FINANCIAL ASSISTANCE FOR THE YEAR 1986-87 FROM THE HONG KONG ROTARY CLUB STUDENTS' LOAN FUND AND THE STANDARD-SING TAO FAT CHOY DRIVE STUDENTS LOAN FUND.

THE MAXIMUM INTEREST-FREE LOAN VARIES FROM $1 920 PER ANNUM FOR A SECONDARY SCHOOL STUDENT TO $2 780 PER ANNUM FOR A POST- SECONDARY STUDENT.

APPLICATIONS WILL BE CONSIDERED BY A JOINT COMMITTEE FOR THE TWO LOAN FUNDS AND PRIORITY WILL BE GIVEN TO APPLICANTS WHO ARE NEARING COMPLETION OF THEIR STUDIES.

SUCCESSFUL APPLICANTS WILL BE REQUIRED TO ENTER INTO A FORMAL UNDERTAKING TO REPAY LOANS BY INSTALMENTS OF AT LEAST 10 PER CENT OF THEIR MONTHLY SALARY FOLLOWING COMPLETION OF THEIR STUDIES.

THE LOANS ARE MADE ON A YEARLY BASIS. NEW APPLICANTS AND PRESENT RECIPIENTS WHO WISH TO APPLY FOR FURTHER LOANS FOR THE COMİNG ACADEMIC YEAR MUST COMPLETE A PRESCRIBED FORM.

THE FORMS FOR UNDERGRADUATES ARE AVAILABLE FROM THE DEAN STUDENTS OF THE UNIVERSITY OF HONG KONG, THE ASSISTANT SECRETARY OF STUDENT AFFAIRS OF THE CHINESE UNIVERSITY OF HONG KONG, THE STUDENTS WELFARE OFFICERS OF BOTH HONG KONG POLYTECHNIC AND CITY POLYTECHNIC OF HONG KONG, AND THE STUDENT FINANCIAL AID OFFICE OF HONG KONG BAPTIST COLLEGE,

CLOSING DATE FOR APPLICATIONS FROM STUDENTS OF THESE FIVE POST-SECONDARY INSTITUTIONS WILL BE OCTOBER 16.

STUDENTS AT POST-SECONDARY COLLEGES, TECHNICAL INSTITUTES AND SECONDARY SCHOOLS WISHING TO APPLY FOR LOANS ARE ADVISED TO OBTAIN APPLICATION FORMS FROM THE OVERSEAS STUDENTS AND SCHOLARSHIPS SECTION, FIFTH FLOOR, LEE GARDENS, 33-37 HYSAN AVENUE, CAUSEWAY BAY. COMPLETED FORMS MUST BE RETURNED TO THE SAME OFFICE BEFORE SEPTEMBER 6.

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