XN000022-1996-07-03 — Page 51

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Annex B

Institution

CityU

HKBU

LC

CUHK

PolyU

HKUST

HKU

New arrangement for payment of tuition fees by first year undergraduate students in the 1996-97 academic year

The University will only require new students to pay 10% of tuition fees upon registration; the remaining 90% will be collected in two instalments.

The University will allow new students to pay their tuition fees by three instalments. An initial payment of $5,000 on registration, a second instalment (half of the remaining balance) in November, and a third instalment (the other half of the remaining balance) in late December for tuition fees in respect of the second semester.

The College will allow new students to apply for deferment of payment of 50% of the tuition fees for one month after the due date.

The University will introduce an interest-free bridging loan scheme to help new students pay their tuition fees before they receive their grants and loans under the Local Student Finance Scheme.

The University will allow new students who meet certain criteria to pay only 1/4 of the first instalment of the tuition fee upon acceptance of offer with the remaining 3/4 to be paid together with the second instalment when they have received grants and/or loans under the Local Student Finance Scheme.

The University will allow new students to pay $5,000 in August and the balance of the first instalment of their tuition fees by 1 October 1996.

The University will allow new students to pay $5,000 in September and the balance of the first instalment of their tuition fees by 15 October 1996.

End