XN000022-1991-04-30 — Page 13

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TUESDAY, APRIL 30, 1991

"THE SCHEME IS MEANS TESTED

-

OF

AN

AND THE MAXIMUM LEVEL DIFFERENCE ASSISTANCE IS THE

BETWEEN TUITION FEES PAYABLE BY OVERSEAS STUDENT AND A BRITISH HOME STUDENT STUDYING THE SAME COURSE.

"THE BRITISH HOME STUDENT FEE HAS BEEN INCREASED CONSIDERABLY STARTING FROM THE YEAR 1990-91.

"HAVING CONSIDERED THE NEED OF HONG KONG STUDENTS, A NOTIONAL 'HOME' FEE IS ADOPTED FOR THE PURPOSE OF CALCULATING STUDENTS' FINANCIAL ASSISTANCE.

"FOR THE ACADEMIC YEAR 1991-92, THE NOTIONAL 'HOME FEE' WILL BE 669 POUND STERLING," HE SAID.

FINANCIAL ASSISTANCE OFFERED TO SUCCESSFUL APPLICANTS WILL BE IN THE FORM OF GRANTS, BUT IF THE TOTAL REQUIREMENT EXCEEDS THE JOINT CONTRIBUTIONS OF THE TWO GOVERNMENTS, THEN EACH SUCCESSFUL APPLICANT'S SHARE OF GRANT WOULD BE PROPORTIONATELY REDUCED, WITH THE BALANCE MADE UP BY A LOAN SOLELY FINANCED BY THE HONG KONG GOVERNMENT.

AN INTEREST ON THE LOAN BORROWED BY APPLICANTS IS CHARGEABLE AT THE RATE OF 2.5 PER CENT, PER ANNUM CALCULATED FROM THE COMMENCEMENT DATE OF THE LOAN REPAYMENT PERIOD.

APPLICATION FORMS ARE NOW AVAILABLE AT THE STUDENT FINANCIAL ASSISTANCE AGENCY AT QUEENSWAY GOVERNMENT OFFICES, LOW BLOCK, GROUND FLOOR, 66 QUEENSWAY, HONG KONG.

APPLICANTS SHOULD BRING WITH THEM DOCUMENTARY EVIDENCE OF THEIR HAVING BEEN ACCEPTED BY AN INSTITUTION IN THE UNITED KINGDOM FOR ONE OF THE COURSES COVERED BY THE SCHEME (PROOF OF CONDITIONAL OFFER WILL BE ACCEPTABLE).

TELEPHONE ENQUIRIES MAY BE MADE ON 867 3547.

BY HAND ΤΟ THE THE CLOSING DATE FOR THAT FOR

COMPLETED APPLICATION FORMS MUST BE RETURNED STUDENT FINANCIAL ASSISTANCE AGENCY. APPLICATIONS FOR ON-COURSE STUDENTS IS JULY 1, NEW STUDENTS IS OCTOBER 1, 1991.

1991 WHILE

APPLICATIONS RECEIVED AFTER THE DEADLINE SPECIFIED ABOVE BUT ON OR BEFORE NOVEMBER 1, 1991 MAY BE ACCEPTED BUT WILL BE PROCESSED FOR THE PURPOSE OF LOANS ONLY.

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