TNAG-1062-FCO40-1312-Replacement-airport-for-Hong-Kong-1981 — Page 1

INDEX

No

a/12

flos alit

| Qrivind ut

HKK 28012

Thi

Faraf

Information only / Action on

FOR QUESTION 1D YOU MAY WISH TO CONSIDER AN EXPANDED ANSWER BY

APPENDING TO YOUR PROPOSED REPLY THE FOLLOWING:

QUOTEXTO DATE, ABOUT 2,070 STUDENTS HAVE RECEIVED A TOTAL LOAN OF

HONG KONG DOLLARS 28.6 MILLIONS. ANOTHER 275 APPLICATIONS UNDER

PROCESSING COULD LEAD TO ANOTHER 4.6MILLION DOLLARS IN LOAN XUNQUE

2. F Y TWO STUDENT LOAN SCHEMES WERE INTRODUCED. THE FIRST, THE EMERGENCY LOAN SCHEME, WAS INTRODUCED IN MARCH 81 TO ASSIST STUDENTS CAUGHTS UNPREPARED BY THE FEE INCREASE. 1,222 STUDENTS RECEIVED A TOTAL OF HK DOLLARS 11.8 MILLIONS UNDER THE SCHEME. THIS

SCHEME WAS REPLACED IN SEPT 81 BY THE LONG TERM LOAN SCHEME FOR FULL-TIME STUDENTS ON DEGREE OR EQUIVALENT POLYTECHINIC COURSE. THIS CURRENT SCHEME HAS PAID HK DOLLARS 16.82 MILLIONS TO 852 STUDENTS WHO HAVE BEEN MEANS-TESTED TO ASSESS ELIGIBILITY.

A FURTHER 275 APPLICATIONS UNDER PROCESSING COULD LEAD TO A FURTHER

HK DOLLARS 4.6 MILLIONS IN LOAN (ASSUMING 230 OF THE 275 FINALLY TAKE UP LOAN AT AN AVERAGE OF HK DOLLARS 0.02 MILLION PER STUDENT)

MACLEHOSE

MINIMAL

See (3)

HK & G

COPIES TO:

HONG KONG GOVT OFFICE

CONFIDENTIAL