The public consultation on improvement proposals on Non-means-tested Loan Schemes has ended. Taking into account the result of the public consultation, the Government will finalise the package of improvement proposals and then seek the approval of the Legislative Council. If the proposals are approved, the Government aims to implement the improvement proposals in phases starting from the 2012/13 academic year. The implementation details and schedule will be announced in due course.
Review of Non-means-tested Loan Schemes
The Government launched Phase 1 public consultation from 15 March 2010 to 15 June 2010 to collect the public’s views on various issues relating to the operation of the Non-means-tested Loan Schemes administered by the Student Financial Assistance Agency (SFAA) for students pursuing post-secondary and continuing education. About 600 written submissions were received. You may view the salient views collected from Phase 1 public consultation for more details.
Having considered the views received from stakeholders and the public, the Government put forward a package of proposals to improve the operation of the Non-means-tested Loan Schemes for further public consultation. Phase 2 public consultation was conducted from 14 November 2011 to 29 February 2012. You may read the following passage to know more about the details of the improvement proposals, watch the video outlining the improvement proposalshttp://www.youtube.com/watch?v=G8iYz4n8wD0, or browse the homepage of the Student Financial Assistance Agencyhttp://www.sfaa.gov.hk/eng/schemes/nls_index.htm to know more about the Non-means-tested Loan Schemes.
Education and student financial assistance
In 2010-11 financial year, Government’s estimated recurrent expenditure on education was around $51.4 billion, accounting for around 22.9% of Government’s recurrent expenditure of the year. Of this total, about 25% (about $12.9 billion) was on higher education.
To ensure that no student is denied access to education due to lack of means, SFAA administers various student financial assistance schemes. As far as post-secondary education is concerned, SFAA administers two means-tested financial assistance schemes for full-time post-secondary students1 to provide grants to eligible students to meet tuition fees and academic expenses and low-interest loans to meet living expenses. In addition, SFAA administers non-means-tested loan schemes for these post-secondary students and other students pursuing continuing education. Eligible students may apply for loans under these non-means-tested schemes regardless of their economic situation.
____________________
1 Tertiary Student Finance Scheme – Publicly-funded Programmes (TSFS) and Financial Assistance Scheme for Post-secondary Students (FASP)
In the 2010/11 academic year, SFAA disbursed financial assistance totalling over $2.8 billion and benefited about 61 000 students pursuing post-secondary programmes. Around $2.1 billion were means-tested grants and loans and around $700 million were non-means-tested loans.
In the 2010/11 academic year, there were around 151 000 full-time students pursuing publicly-funded or self-financing locally-accredited post-secondary programmes. Around 61 000 students (40%) received financial assistance. Among them, 46 000 students received only means-tested grants and loans, and 11 000 received only non-means-tested loans. The rest 4 000 students, received both means-tested grants and loans and non-means-tested loans.
In addition, there were another 11 000 students receiving non-means-tested loans to pursue part-time programmes and continuing and professional education courses. As a result, in 2010/11 academic year, there were around 26 000 students receiving non-means-tested loans amounting to around $1.23 billion.
- Scheme A - Non-means-tested Loan Scheme for Full-time Tertiary Studentshttp://www.sfaa.gov.hk/eng/schemes/nls.htm – for full-time tertiary students of publicly-funded programmes
- Scheme B - Non-means-tested Loan Scheme for Post-secondary Studentshttp://www.sfaa.gov.hk/eng/schemes/nls3.htm – for full-time students aged 25 or below of self-financing locally-accredited post-secondary programmes
- Scheme C - Extended Non-means-tested Loan Schemehttp://www.sfaa.gov.hk/eng/schemes/nlss.htm – for students pursuing a wide and diverse range of part-time programmes and continuing and professional education courses
Objectives and scope of the Review on Non-means-tested Loan Schemes
The non-means-tested loan scheme, first introduced in the 1998/99 academic year, has been in operation for over 10 years. The Chief Executive announced in the 2009-10 Policy Agenda that the Government would conduct a review on the operation of these schemes, with a view to ensuring that:
- reasonable financial support is provided for students pursuing post-secondary and continuing education;
- effective measures are in place to reduce the loan default rate; and
- there is proper use of public resources.
The review would cover the scope, eligibility criteria, interest rate, repayment arrangements, as well as measures to address the default situation.
Key questions asked in Phase 1 public consultation
The following key questions were put forward to the public in Phase 1 public consultation in mid-2010:
(i) Should there be any restrictions on the loan amount, loan coverage (tuition fees, with or without academic expenses and living expenses) and number of courses for which loans may be applied under the loan schemes?
(ii) Should there be any additional criteria on the courses eligible under the schemes, especially the Extended Non-means-tested Loan Scheme, which covers an extensive range of continuing education courses?
(iii) Should we make any changes to the interest rate arrangements, such as whether there should be a standard risk-adjusted factor (RAF) of 1.5% for all the three schemes?
(iv) Should we make any changes to the repayment terms and conditions, including the repayment period and deferment arrangements?
(v) Would you suggest any more effective measures to reduce the default rate apart from stepping up current administrative measures and legal recovery procedures, such as extra interest concessions for early loan settlement, or sharing credit data of defaulters with a credit reference agency in clearly defined circumstances?
Views collected during Phase 1 public consultation
During the last round of public consultation, we met with various stakeholders including the Joint Committee on Student Finance, student groups, loan borrowers and course providers, etc. and received about 600 written submissions. The salient views are -
(a) Loan limit and loan coverage
- a loan ceiling should be set;
- loans should cover tuition fees payable only;
- limit the number of courses for which loans may be applied for;
- remove the age limit of 25 under FASP and its related non-means-tested loan scheme i.e. Scheme B.
(b) Scope of eligible courses
- tighten quality requirements of eligible courses.
(c) Interest rate
- separate the administration of Risk-adjusted-factor (RAF) under the three loan schemes;
- remove or reduce RAF;
- waive interest during the study period.
(d) Repayment arrangements
- lengthen the loan repayment period;
- repayment arrangements should be flexible with due regard to the affordability to repay of the loan borrowers;
- defer commencement of loan repayment/commence repayment only upon securing employment;
- change repayment to the monthly basis;
- offer incentives to encourage timely or early repayment.
(e) Measures to tackle default
- share data of defaulters with a credit reference agency;
- increase penalties against defaulters;
- expedite legal loan recovery action.
Proposals for the current round of public consultation
Having considered the views received from stakeholders and the public, the Government has drawn up a package of proposals to improve the operation of the non-means-tested loan schemes for further public consultation.
The package of proposals put forward by the Government to improve the operation of the non-means-tested loan schemes comprises 10 measures to (i) ease the repayment burden of student loan borrowers; (ii) reduce excessive borrowing of loan borrowers and ensure the quality of courses eligible for application of non-means-tested loans; and (iii) tackle the student loan default problem more effectively. The proposed measures are –
A. Easing the repayment burden of student loan borrowers
(1) To lower the repayment interest by reducing the risk-adjusted-factor to zero
The non-means-tested loan schemes currently charge a flexible interest rate of 3.174% per annum, which comprises a no-gain-no-loss interest rate, plus a risk-adjusted-factor (RAF) of 1.5% per annum. As at end of 2010/11 academic year, the default rates of Scheme A, Scheme B and Scheme C were 7.7%, 12.3% and 15.4% respectively. Taking into account the estimated amount of loans eventually irrecoverable after the implementation of the package of proposals and public views received on the RAF, we propose to reduce the RAF to zero for the coming three years, subject to a review on the effectiveness of the proposals to tackle the default problem at the end of the three-year period.
Example
Mr Au has borrowed a loan totalling $100,0002 to pursue a post-secondary programme under Scheme B. He needs to repay the loan over a 10-year period. The prevailing interest rate is 3.174% (including 1.5% RAF). The table below shows the difference in the monthly repayment amount and the total amount of interest saved with the reduction of RAF -
____________________
2 As at August 2011, about 75% of all SFAA non-means-tested loans have a loan amount below $100,000.
| Before reducing RAF | After reducing RAF |
|---|---|---|
| Repayment period | 10 years | 10 years |
| Interest rate | 3.174% | 1.674% |
| Monthly repayment amount | $1,040 | $940 |
| Total interest amount | $25,300 | $13,140 |
| Total interest saving | - | $12,160 |
During the 10-year repayment period, the interest saving for Mr Au as a result of the reduction of RAF will be $12,160. His monthly repayment amount will be reduced from $1,040 to $940.
(2) To extend the standard repayment period
To reduce the repayment burden of student loan borrowers per instalment payment having regard to the longer post-secondary study period under the new academic structure, we propose to extend the standard repayment period of loan borrowers from 10 years at present to 15 years under all three non-means-tested loan schemes.
Example
Ms Chan has borrowed a loan totalling $100,000 to pursue a post-secondary programme under Scheme B. The table below shows how she will benefit from an extension of loan repayment period from 10 to 15 years -
Before extension | After extension | |
| Repayment period | 10 years | 15 years |
| Interest rate | 3.174% | 1.674% |
| Monthly repayment amount | $1,040 | $650 |
| Total interest amount | $25,300 | $17,610 |
As a result of the extension of repayment period, the monthly repayment amount of Ms Chan will be reduced from $1,040 to $650, together with the reduction of RAF. The two proposals (reducing RAF and extending repayment period) together will reduce Ms Chan’s monthly instalment amount by almost 40%.
(3) To further extend the standard repayment period for approved deferment applications for a maximum of two years without interest
For loan borrowers with genuine repayment difficulties (such as pursuing further full-time studies, in financial hardship or having serious illness) who have been granted approval for deferment of their repayment, we propose to further extend the standard repayment period for the approved deferment applications up to a maximum of two years without charging interest during the approved deferment period.
Example
Mr Cheung has financial difficulties in repaying his loan of $100,000 and has been granted approval to defer repayment for two years. The table below shows how Mr Cheung will benefit from an interest-free extension of the standard repayment period for two years -
| Before relaxing deferment arrangements | After relaxing deferment arrangements
|
|---|---|---|
| Repayment period | 15 years | 17 years (15 years + 2 years) |
| Interest rate | 3.174% | 1.674% |
| Monthly repayment amount | $890 (for 13 years) | $650 (for 15 years) |
| Total interest amount | $38,530 | $17,610 |
Under the relaxed deferment arrangements, Mr Cheung will have an interest saving of $20,920 after reducing RAF. Under the proposed arrangements, Mr Cheung can repay his loan over a 15-year period (after the approved 2-year deferment period), whereas under the existing arrangement, he needs to compress his repayment over a 13-year (15-2) repayment period.
(4) To change the present quarterly instalment repayment interval to monthly
To facilitate financial management of loan borrowers, we propose to change the present repayment interval from quarterly to monthly, in conjunction with the provision of e-billing and e-enquiry services to facilitate timely repayment.
Better financial management on the part of loan borrowers can reduce their chance of default payment. In conjunction with the provision of new e-billing and e-enquiry services by SFAA, this could facilitate repayment by loan borrowers in a timely manner. Reduced paper consumption in the issue of demand notes to loan borrowers will also contribute towards the conservation of the environment.
B. Preventing excessive borrowing and ensuring quality of eligible courses
(5) To align the loan coverage among Schemes A, B and C to cover tuition fee payable only
At present, applicants can apply for loans to cover academic expenses and living expenses under Scheme B, in addition to the tuition fee payable while the loan amount in respect of a programme under Scheme A and Scheme C is capped by the tuition fee payable. To reduce the total loan burden of applicants upon their graduation and to align the existing loan coverage of the three non-means-tested loan schemes, we propose that the loan amount offered in respect of a programme under the three schemes is to be capped by the tuition fee payable only.
According to statistics on student loan borrowers who graduated in the 2010/11 academic year (shown below), Scheme B loan borrowers have a heavier repayment burden because of their relatively larger loan size than their counterparts under Scheme A or Scheme C –
2010/11 Graduates | Scheme A | Scheme B | Scheme C |
|---|---|---|---|
Median total loan amount | $58,370 | $80,000 | $29,800 |
Median monthly repayment amount | $600 | $840 | $300 |
If Scheme B is to be capped by the tuition fee payable only, it is estimated that the median loan amount would be reduced to $52,000 and the monthly repayment amount to $546.
An alignment of the loan coverage among the schemes can help prevent excessive borrowing and reduce the repayment burden of Scheme B loan borrowers.
(6) To set caps on the total amount of loans to be borrowed by each loan borrower
To prevent excessive borrowing by loan borrowers, we propose to set caps on the amount of loans obtainable under the non-means-tested loan schemes. The cap is life-time maximum loan limit for each eligible loan borrower under the respective scheme(s) and will be price-adjusted annually in accordance with the Composite Consumer Price Index (CCPI).
For a Secondary 6 school leaver, he/she will normally take about 5-6 years to attain his/her first degree. Having considered the prevailing tuition fees of publicly-funded and self-financed programmes, we propose to set a combined cap of $300,000 for Scheme A and Scheme B. This combined cap is expected to provide reasonably sufficient loan amount for a student to take publicly-funded and/or self-financing courses even if he/she does not receive any means-tested assistance. This will also provide him/her with greater flexibility in making long-term plans for post-secondary education.
Example 1 -
Ms Lee is a student pursuing full-time publicly-funded programmes under Scheme A. The table below shows her study path and tuition fees payable -
Type of Programme | Duration (Years) | Total Tuition Fees ($) |
|---|---|---|
Sub-degree | 2 | 55,200 |
Degree | 4 | 168,400 |
Total | 6 | 223,600 |
Example 2 –
Mr Mak is a student pursuing full-time locally-accredited self-financing post-secondary progammes under Scheme B. His study path and tuition fees payable are shown below -
Type of Programme | Duration (Years) | Total Tuition Fees ($) |
|---|---|---|
Pre-associate Degree | 1 | 35,000 |
Associate Degree | 2 | 96,000 |
Top-up Degree | 2 | 105,600 |
Total | 5 | 236,600 |
Both Ms Lee and Mr Mak could secure sufficient loan amount under Scheme A or B to pursue their studies up to degree level, when a combined life-time maximum loan limit is to be set under Schemes A and B.
To safeguard the use of public resources and prevent excessive borrowing, we also propose to set a life-time maximum loan limit for Scheme C at $300,000. This loan limit is in addition to the combined loan limit under Schemes A and B. This is intended to facilitate life-long learning and professional development covering a wide range of full-time and part-time courses and programmes.
For Scheme C, most of the courses covered are self-financing. In the absence of any loan limit, the highest amount of tuition fee loan offered to a graduate of 2010/11 academic year under Scheme C was $912,600. The monthly repayment amount of that loan borrower is currently $9,470.
Over 99.8% of the loan accounts activated in the 2010/11 academic year incurred a total loan amount below $300,000. This should be sufficient for the vast majority of loan borrowers.
(7) To remove the age limit of Scheme B
With the proposed introduction of a combined loan limit of $300,000 for Schemes A and B, we propose to remove the age limit for applicants under Scheme B. There will no longer be any age limit under all the three non-means-tested loan schemes.
This is also in connection with one of the improvement measures to the related Financial Assistance Scheme for Post-secondary Students (FASP), which provides means-tested grants and loans for eligible full-time students pursuing self-financing, locally-accredited post-secondary programmes. We propose to relax the age limit of FASP from 25 to 30 (please see Improvement Measures to FASP below).
Under the existing arrangement, a Secondary 6 student (aged 18) who takes 2-3 years to pursue a sub-degree programme and another 2-3 years to complete a degree programme will attain his first degree before the age of 25.
However, for those students who take a longer than expected period to complete their studies, or have had a late start in their post-secondary studies, say at the age of 22, and if they pursue self-financing post-secondary programmes, they would not be eligible for assistance under FASP or Scheme B now once they reach 25 for attaining their first degree. With the proposed removal of age limit, they would be eligible for applying loans under Scheme B.
Please also see Improvement Measures to FASP below for the proposed relaxation of age limit from 25 to 30 under FASP.
(8) To redefine categories of courses eligible for Scheme C for enhanced quality assurance
Scheme C now provides loans for students pursuing a wide and diverse range of post-secondary and continuing and professional education courses. Many of them are not yet locally-accredited. To ensure a reasonable degree of quality assurance in courses eligible for loan application under the scheme hence protecting students’ interest, we propose that only the following categories of courses would in future be eligible courses under Scheme C –
(a) courses accredited by the Hong Kong Council for Accreditation of Academic and Vocational Qualifications (HKCAAVQ) or accredited by institutions by virtue of their self-accreditation status or Programme Area Accreditation status;
(b) courses offered under Project Yi Jin and its successor programme;
(c) courses covered by the Financial Assistance Scheme for Designated Evening Adult Education Courses;
(d) training and development courses provided or funded by local statutory bodies; and
(e) registered courses and exempted courses under the Non-local Higher and Professional Education (Regulation) Ordinance (Chapter 493).
SFAA would put in place suitable “grandfathering arrangements” to ensure that those students who have already enrolled in a course which would become ineligible under Scheme C after the above adjustments could continue to obtain loans under Scheme C to finish that particular course within reasonable circumstances.
The revised scope of eligible courses would continue to cover around 80% of loan applications currently under Scheme C.
C. Tackling the loan default problem more effectively
(9) To pursue the proposal of sharing negative credit data of defaulters with credit reference agency
During Phase 1 public consultation, there is clear public support to pursue the proposal of sharing negative credit data of defaulters with the credit reference agency under clearly defined circumstances, as an effective deterrent measure against default. Our initial thinking is that the measure will apply only to more serious default cases, such as the defaulted loan amount is more than $100,000 and the defaulted period has been over one year without positive response from the loan borrowers to our reminders and other debt recovery actions. At present, there are about 600 defaulters falling under the above criteria. We propose to pursue this proposal with the Privacy Commissioner for Personal Data.
(10) To require credit report from mature loan borrowers
To reduce the risk of default, we propose to require mature loan borrowers (say over the age of 30) who apply for student loans for the first time above a certain amount (say over $100,000) in respect of a particular course to provide a credit report issued by the credit reference agency upon application. This could facilitate SFAA to determine whether a loan may be offered in part or in full to the loan borrower concerned with regard to his/her credit history according to a set of prescribed criteria.
Improvement Measures to FASP
The Government has also taken the opportunity to propose improvement measures to the Financial Assistance Scheme for Post-secondary Students (FASP), an existing means-tested financial assistance scheme for full-time students aged 25 or below pursuing self-financing locally-accredited post-secondary programmes. The proposed improvement measures are -
(a) To relax the age limit to 30 years of age
FASP currently provides grants for tuition fees (subject to a ceiling) and academic expenses as well as low-interest loans for living expenses to full-time students aged 25 or below pursuing self-financing and locally-accredited sub-degree and degree programmes. Having due regard to the need to provide adequate support for those who have had a late start in taking up post-secondary education or have to take a longer time to complete their studies, we propose to relax the age limit of FASP from 25 to 30. According to the enrolment statistics on relevant self-financing post-secondary programmes in the 2010/11 academic year, this relaxation should be able to cover around 99% of the students.
Example
Miss Wong is a 27 year-old post-secondary student pursuing a FASP programme. She cannot apply for grants under FASP at present but will become eligible for the following student financial assistance after the improvements –
| Before improvement | After improvement | |
|---|---|---|---|
| Grant (FASP) | X | _/ |
|
Low-interest Loan (FASP) | X | _/ |
|
| Non-means-tested Loan | _/
| _/ |
|
Actual financial assistance Miss Wong may obtain:
Scenario A: Assuming
(i) the tuition fee of the study programme is $60,000 per year; and
(ii) she is assessed to be eligible for full level of assistance under the means test
| Before improvement | After improvement |
|---|---|---|
| Grant (FASP) | $0 | $64,3003 |
| Low-interest Loan (FASP) | $0 | $37,960 |
| Non-means-tested Loan | $60,000 | $0 |
____________________
3 $60,000 + $4,300
Scenario B: Assuming
(i) the tuition fee of the study programme is $65,000 per year; and
(ii) she is assessed to be eligible for 75% of the maximum assistance under the means test
| Before improvement | After improvement |
|---|---|---|
| Grant (FASP) | $0 | $51,9754 |
| Low-interest Loan (FASP) | $0 | $28,4705 |
| Non-means-tested Loan | $65,000 | $26,8156 |
____________________
4 $65,000 x 75% + $4,300 x 75%
5 $37,960 x 75%
6 ($65,000+$4,300+$37,960) – ($51,975+$28,470)
(b) To remove requirements / restrictions relating to prior academic qualifications
According to the current eligibility criteria of FASP, needy students who have obtained sub-degree / degree level qualifications are ineligible for assistance under FASP to pursue a locally-accredited programme leading to the same level of qualification. If a needy student wishes to apply for FASP assistance to pursue a degree course and if he/she possesses a sub-degree level qualification, that qualification must be locally-accredited; if a student wishes to apply for FASP assistance to pursue a top-up degree programme, he / she must have obtained a locally-accredited sub-degree level qualification.
Such restrictions and requirements have posed unnecessary constraints for needy students to obtain assistance for pursuing studies under FASP / Scheme B. We therefore propose to remove all requirements / restrictions relating to prior academic qualifications from FASP and its related non-means-tested loan scheme, i.e. Scheme B, so that more students who have been admitted to eligible programmes can benefit from FASP and Scheme B. This proposal will bring the requirements/restrictions on par with needy students enrolled in publicly-funded post-secondary programmes and applying for similar means-tested financial assistance under another existing scheme.
Example
Mr Ho is a post-secondary student who has completed a Higher Diploma programme (not locally-accredited) jointly run by a local institution and a non-local institution, and obtained a sub-degree qualification. He now applies for a self-financing, locally-accredited full-time degree programme (hence an eligible programme under FASP). He is currently ineligible but will become eligible for assistance under FASP upon improvement -
| Before improvement | After improvement | |
|---|---|---|---|
| Grant (FASP) | X | _/ |
|
| Low-interest Loan (FASP) | X | _/ |
|
| Non-means-tested Loan | _/ | _/ |
|
Actual financial assistance Mr Ho may obtain :
Scenario A: Assuming
(i) the tuition fee of the study programme is $60,000 per year; and
(ii) he is assessed to be eligible for full level of assistance under the means test
| Before improvement | After improvement |
|---|---|---|
| Grant (FASP) | $0 | $64,3007 |
| Low-interest Loan (FASP) | $0 | $37,960 |
| Non-means-tested Loan | $60,000 | $0 |
____________________
7 $60,000 + $4,300
Scenario B: Assuming
(i) the tuition fee of the study programme is $65,000 per year; and
(ii) he is assessed to be eligible for 25% of the maximum assistance under the means test
| Before improvement | After improvement |
|---|---|---|
| Grant (FASP) | $0 | $17,3258 |
| Low-interest Loan (FASP) | $0 | $9,4909 |
| Non-means-tested Loan | $65,000 | $65,00010
|
____________________
8 $65,000 x 25% + $4,300 x 25%
9 $37,960 x 25%
10 ($65,000+$4,300+$37,960) – ($17,325+ $9,490), capped by the tuition fee payable
(c) Remove the repayment requirement of FASP grants
FASP grant recipients are currently required to obtain the intended qualification within a six-year period from the first date of disbursement of grants, failing which they have to repay the tuition fee and academic expenses grants. Since the grants may eventually become loans (if students fail to obtain the intended qualification within six years), all students who wish to accept FASP grants are required to sign an undertaking and identify a qualified indemnifier to sign a deed of indemnity. Therefore, more time is required before grants can be released to needy FASP students. Repayment of grants would also impose heavy burden on the needy students.
We therefore propose to remove the repayment requirement of FASP grants with a view to enhancing support for students pursuing self-financing programmes and expediting the process of releasing grants to needy FASP students. This will put these students on par with needy students enrolled in publicly-funded post-secondary programmes who receive similar means-tested grants under another scheme.
Example
Mr Lau is a full-time post-secondary student who started his 4-year degree programme (self-financing and locally-accredited) in 2010/11. Assuming he has to terminate his study in 2013/14 due to health problem and is unable to obtain the degree qualification, the following table shows the difference in his liability to repay the grants received before and after improvement -
| Before improvement | After improvement |
|---|---|---|
Assume Mr Lau obtained a total grant amount of $150,000 in the academic years |
|
|
We aim to implement the improvement proposals to the non-means-tested loan schemes in phases from the 2012/13 academic year, and the improvement measures to FASP in the 2012/13 academic year.
Education Bureau
Student Financial Assistance Agency
November 2011
For more information on the Non-means-tested Loan Schemes, you may refer to the following –
Annex | Description |
Ahttp://www.gov.hk/en/residents/education/financialassistance/docs/AnnexA(eng).pdf | Summary of proposals to improve the Non-means-tested Loan Schemes vis-à-vis the existing arrangements |
Bhttp://www.gov.hk/en/residents/education/financialassistance/docs/AnnexB(eng).pdf | Existing terms and conditions of a non-means-tested loan |
Chttp://www.gov.hk/en/residents/education/financialassistance/docs/AnnexC(eng).pdf | Number of students assisted and amount of loans disbursed under Non-means-tested Loan Schemes during 2008/09 to 2010/11 academic years |
Dhttp://www.gov.hk/en/residents/education/financialassistance/docs/AnnexD(eng).pdf | Repayment statistics of Non-means-tested Loan Schemes as at end of July 2011 and 2010/11 graduates |
Ehttp://www.gov.hk/en/residents/education/financialassistance/docs/AnnexE(eng).pdf | Deferment statistics of Non-means-tested Loan Schemes for 2007/08 to 2010/11 academic years |
Fhttp://www.gov.hk/en/residents/education/financialassistance/docs/AnnexF(eng).pdf | Default statistics of Non-means-tested Loan Schemes for 2004/05 to 2010/11 academic years |
Ghttp://www.gov.hk/en/residents/education/financialassistance/docs/AnnexG(eng).pdf | Default statistics of Non-means-tested Loan Schemes for 2004/05 to 2010/11 academic years: by age of default |
Hhttp://www.gov.hk/en/residents/education/financialassistance/docs/AnnexH(eng).pdf | Default statistics of Non-means-tested Loan Schemes as at end of 2010/11 academic year: by age of default |
Last revision date: May 2012
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