Applicants are reminded that it is an offence to obtain pecuniary advantage by deception. A person who does so commits an offence and is liable on conviction to imprisonment for 10 years under the Theft Ordinance, Chapter 210. Guidance Notes are attached to each application form to assist applicants in completing the form. Students should study and follow the instructions carefully. Payment Arrangement Notification of result will normally be issued within 2 months from the date of receipt of the application which contains complete information.
Financial assistance is paid to the successful applicants in two equal instalments.
Grant will be paid by direct credit into the student's bank account through the Government Treasury. Repayment Arrangement Grants offered under the Scheme need not be repaid. Interest will be charged and calculated from the commencement date of the loan repayment period, which shall normally fall on 1 October of the year of graduation. The first quarterly repayment instalment of the loan will fall due on 1 January of the following year. All applications for deferment will be considered on individual merits.