XN000022-1992-10-18 — Page 6

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SUNDAY, OCTOBER 18, 1992

OF THE UK SIDE OF THE FUNDING, 40,000 POUNDS STERLING ARE CONTRIBUTED BY THE FOREIGN AND COMMONWEALTH OFFICE SCHOLARSHIPS AND AWARDS SCHEME WHILE 85,000 POUNDS STERLING COME FROM THE INTEREST OF THE LATE SIR SHIU-KIN TANG'S BEQUEST OF 1 MILLION POUNDS STERLING DONATED TO THE UK GOVERNMENT FOR SCHOLARSHIPS AND MEDICAL RESEARCH.

THE HONG KONG SIDE OF THE FUNDING IS ENTIRELY DONATED ROYAL HONG KONG JOCKEY CLUB.

BY THE

A GOVERNMENT SPOKESMAN SAID THE ANNUAL COMMITMENT OF 250,000 POUNDS STERLING IS BECOMING INADEQUATE AS THE SCHEME HAS TO SUPPORT BOTH NEW AWARDEES AS WELL AS STUDENTS WHO HAVE RECEIVED AWARDS IN PREVIOUS YEARS.

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AS THE CUMULATIVE EXPENDITURE ON STUDENTS CURRENTLY STUDYING UNDER THE SCHEME IS EXPECTED TO EXHAUST THE ANNUAL COMMITMENT AFTER 1992-93, THE ANNUAL COMMITMENT OF 250,000 POUNDS STERLING WOULD ONLY BE SUFFICIENT TO SUPPORT RENEWAL OF CURRENT SCHOLARSHIPS AND WOULD NOT BE ABLE TO FINANCE A REASONABLE NUMBER OF NEW AWARDS IF THERE WERE NO FURTHER INJECTION OF FUNDS, THE SPOKESMAN SAID.

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"THE UK GOVERNMENT AND THE RHKJC HAVE THEREFORE AGREED INCREASE THE ANNUAL DONATION BY 200,000 POUNDS STERLING FOR THE 1993-94, 1994-95 AND 1995-96 ACADEMIC YEARS ΤΟ ENABLE NINE NEW SCHOLARSHIPS TO BE AWARDED EACH YEAR.

THE SPOKESMAN ADDED THAT THE PROVISION OF ADDITIONAL FUNDS REPRESENTS THE CONTINUED COMMITMENT BY THE SPONSORS ΤΟ PROVIDE FIRST-RATE EDUCATIONAL OPPORTUNITIES FOR THE BEST STUDENTS OF HONG KONG.

THE UK/HK SCHOLARSHIPS SCHEME WAS ESTABLISHED JOINTLY BY THE UK AND THE HONG KONG GOVERNMENTS IN 1988.

IT SUPPORTS STUDENTS TO STUDY IN THE UK AT UNDERGRADUATE OR GRADUATE LEVEL. AWARDS MADE UNDER THE SCHEME COVER TUITION FEES, LIVING EXPENSES AND RETURN PASSAGES INCURRED BY THE STUDENTS.

THE SCHEME AIMS AT PREPARING THE AWARDEES то RENDER THEIR SERVICE TO THE COMMUNITY AND TO CONTRIBUTE TO THE FUTURE OF HONG KONG.

"EACH STUDENT RECEIVES ABOUT 12,800 POUNDS STERLING A YEAR (AT 1992 PRICES) AND IS REQUIRED TO RETURN TO WORK IN HONG KONG AFTER COMPLETION OF HIS STUDY," THE SPOKESMAN NOTED.

"THE ANNUAL SELECTION EXERCISE IS CONDUCTED BY THE SCHOLARSHIPS COMMITTEE UNDER THE CHAIRMANSHIP OF MR PAUL CHENG

FUN.

UK/HK MING-

"HE TOOK OVER IN APRIL THIS YEAR FROM MR HENRY LITTON WHO CHAIRED THE COMMITTEE SINCE ITS INCEPTION IN 1988, SAID.

THE SPOKESMAN

IN THE PAST FIVE YEARS, A TOTAL OF 44 AWARDS HAVE BEEN MADE. SO FAR 10 STUDENTS HAVE COMPLETED THEIR SPONSORED STUDIES AND SEVEN HAVE RETURNED TO HONG KONG. THE REMAINING THREE ARE PURSUING FURTHER STUDIES.

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