TNAG-2764-FCO40-3981-UK-Hong-Kong-Scholarship-Scheme-donation-to-the-UK-Governme-1993 — Page 30

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

14-SEP-1995 14:41 FROM FCO CRD

TO

72703387

P.02

學生資助辦事處

灣仔告士打道一五一號

國術中心七及九樓

** OUR REF.: (12) in SFAA 253/13 (U)

* YOUR REF.:

TELEPHONE:2802 1691

✰ЯA FAX NO.: 519 3846 (7/F)

519 3857 (9/F)

STUDENT FINANCIAL ASSISTANCE AGENCY

7/F. & 9/F., National Mutual Centre,

151 Gloucester Road, Wan Chai, Hong Kong.

Rease see my munte on you!

Action Doc 11 May 1995

in ARAMUS.

Ms Johmeone

rec'd 16/5°

thi Imola

Lilia

Dear Sir,

underpend?

سمر

Plaan speak.

UK/HK Governments Joint Funding Scheme

мно

The 1994-95 application exercise in respect of the captioned scheme has been finalized. The total expenditure in grants amounted to GBP 1,756,823 shared by both the UK and the HK Governments, which represented a significant drop as compared to the original estimate. Please see at Annex a brief summary of the result of the exercise.

I would like to inform you that the total requirement in grants for the 1995- 96 application exercise has been estimated to be equal to GBP 1,227,000, calculated as follows:

No. of Applications x

x

Success

Rate

Average

Rate x Fin. Assist.

% of x Grant

Total Requirement in Grants

387 (*757 x 1/2)

100%

GBP 3,939

82.36%

GBP 1,226,316 (rounded up to 1,227,000)

Contribution by U.K. Government = GBP 1,227,000 divided by 2 = GBP 613,500.

* 757 being the total number of applications received in 1994-95.

L/W-L1/UKHKGJFS

PCS2255/393/2

RECEIVED IN REGISTRY

17 MAY 1995

DESK O'. ..R

INDEX

PA

REGISTRY Action Take

Page 30Page 31

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