ZBET-100-87
10:13
EDUCATION : MANPOKER EF
HWB 285/1
352
par: VG/HKschot
ра
(63
From:
SPO(S&CS)
Tel.:
8103191 or 8103193
PRESS RELEASE
824
Sunday, October 13, 1992
UK/HK Scholarships Scheme to Receive More Funds
The
તે recent
Government announced today (Sunday) that, following Government and the Royal Hong Kong
review,
the
UK
Jockey Club (RHKJC) have agreed to increase the annual funding for the UK/HK Scholarships Scheme by £200,000 to enable nine made each year from 1993-94 to
additional
new
awards
be to
1995-96.
At
present,
CK the
Government
and
the RHKJC
each
contributes £125,000 annually to fund the scheme.
by
Of the UK side of the funding, £40,000 are contributed
the Foreign and Commonwealth Office Scholarships and Awards Scheme while €85.000 come from the interest of the late Sir
Shiu-kin
Tang's
Bequest
of
million £1
donated 1.Q the UK
Government for scholarships and medical research.
The Hong Kong side of the funding is entirely donated
by the Royal Hong Kong Jockey Club.
A
Government
spokesman
said
the annual commitment of
$250,000 is becoming inadequate as the scheme has to support
both
new awardees as well as students who have received awards
in previous years.
"As the cumulative
on students currently
expenditure
studying
under the scheme
is expected to exhaust the annual
commitment
would
only be
after 1992-93, the
sufficient
to
annual commitment of £250,000
renewal support
of current
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