XN000022-1990-08-01 — Page 5

WEDNESDAY, AUGUST 1, 1990

NEW AGENCY ON STUDENT FINANCIAL ASSISTANCE

THE GOVERNMENT ANNOUNCED TODAY (WEDNESDAY) THE

THE STUDENT FINANCIAL,

SETTING UP OF

ASSISTANCE

AGENCY

OPERATION OF UNDERTAKEN

ALL STUDENT BY THE

TO TAKE (SFAA) ASSISTANCE MATTERS FINANCIAL

BRANCH AND EDUCATION AND MANPOWER

OVER

NOW

THE BRING

EDUCATION

DEPARTMENT.

STUDENT FINANCIAL

ASSISTANCE

OF THE EDUCATION AND DEPARTMENT. THIS CAUSED CONSIDERABLE

THE AT PRESENT,

OPERATION OF MATTERS IS SHARED BETWEEN DIFFERENT DIVISIONS MANPOWER BRANCH AND EDUCATION CONFUSION AND INCONVENIENCE TO THE PUBLIC.

RELATED "THE ESTABLISHMENT OF THE NEW AGENCY, TO WHICH ALL THE

THE PUBLIC WITH ONR RESPONSIBILITIES ARE POOLED, WILL HELP PROVIDE

FINANCE, CLEARLY IDENTIFIABLE AGENCY DEALING WITH MATTERS ON STUDENT A GOVERNMENT SPOKESMAN SAID.

11

"STUDENTS

WILL BE PROVIDED

FINANCIAL

ASSISTANCE

SERVICE, AND APPLICATIONS CAN BE STREAMLINED.

-

CO-ORDINATED FOR PROCESSING

WITH A THE

BETTER

PROCEDURK

FOR THE THE SFAA IS HEADED BY A CONTROLLER WHO IS RESPONSIBLE

MATTERS RELATING TO ADMINISTRATION, PLANNING AND DEVELOPMENT OF ALL

STUDENT FINANCE.

THE AGENCY IS DIVIDED INTO DIVISION ONE AND DIVISION TWO, HEADED BY A DEPUTY CONTROLLER.

THE

DIVISION ONE IS

UK/HK

RESPONSIBLE JOINT FUNDING

FOR THE LOCAL STUDENT

AS WELL AS SCHEME, SCHEME, SCHOLARSHIP AND AWARD SCHEMES AIMED AT ASSISTING OUTSTANDING IN HONG KONG TO FURTHER THEIR STUDIES LOCALLY OR OVERSEAS.

COLLEGE,

BACH

FINANCE VARIOUS STUDENTS

PROVIDE DIVISION TWO IS RESPONSIBLE FOR OPERATING SCHEMES THAT

EDUCATION, SHUE YAN GRANTS AND LOANS TO STUDENTS OF THE COLLEGES OF

GRANT SUBSIDIES FOR LOCAL TRAVEL, COLLEGE AND LINGNAN

AS WELL AS ADMINISTERING OVER TEXTBOOK ASSISTANCE AND FEE REMISSION,

SCHOLARSHIP FUND ORDINANCE AND 40 SCHOLARSHIPS UNDER THE EDUCATION OTHER STATUTORY TRUST FUNDS.

GROUND AND THE MAIN OFFICE OF THE SFAA IS ACCOMMODATED ON THE

66 MEZZANINE FLOORS AT THE LOW BLOCK OF QUEENSWAY GOVERNMENT OFFICES,

STUDENT FINANCE MATTERS CAN BR QUEENSWAY, HONG KONG. ENQUIRIES ON MADE AT TEL NO. 867 2738.

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