Comprehensive Financial Support
The Office of Student Affairs (OSA) provides support to students with financial difficulties so that they can concentrate on their studies. Aside from government financial assistance schemes, such as the “Financial Assistance Schemes for Post-secondary Students” and “Non-means-tested Loan Scheme for Post-secondary Students,” HKSYU also provides the Shue Yan University Financial Assistance Scheme, which helps set-up financial assistance covering tuition remission, bursaries, hall bursaries, interest-free loans and emergency assistance. Students with excellent performance in academic and non-academic fields may also apply scholarships offered by the University or external organizations every year.
Non-local students should check with the Hong Kong Government’s Student Finance Office (SFO) for more information about application conditions.
The Working Family and Student Financial Assistance Agency (WFSFAA) of the Hong Kong SAR Government provides the following financial aid schemes to local students:
(For local students only )
1. Financial Assistance Scheme for Post-secondary Students (FASP)
Full-time undergraduate students under the age of 30 are eligible to apply for FASP, a scheme offered by the government to provide means-tested financial assistance which can include grants (tuition fee and learning expenses) and/or low-interest loans to help meet living expenses.
All applicants are required to submit online application through “SFO E-link – My Applications” on or before the application deadline. Please download and study the Guidance Notes carefully and prepare all the required supporting documents before you complete the form.
2. Non-means-tested Loan Scheme for Post-secondary Students (NLSPS)
As of 1 November 2018, the NLSPS interest rate is 1.257% per annum. Only full-time undergraduate students are eligible for this scheme. All applications of the NLSPS should be submitted through “SFO E-link – My Applications” before the application deadline.
3. Student Travel Subsidy for Tertiary or Post-secondary Students (STS)
Only full-time undergraduate students are eligible for this scheme.
Undergraduates are only eligible to apply if they reside more than 10 minutes of walking distance away from school and require public transport in their commute to and from school. Applicants should apply for this scheme under FASP.
4. Community Care Fund – Enhancing the Academic Expenses Grant for Students with Special Educational Needs and Financial Needs
The Community Care Fund (CCF) provides an academic expenses grant for undergraduates with special educational and/or financial needs. Each eligible undergraduate will be offered an additional academic expenses grant of up to $8,680 in 2018/19 academic year. The actual amount of subsidy received is to be determined with respect to the student’s level of assistance assessed in the means test of the FASP.
5. Community Care Fund — Providing Hostel Subsidy for Needy Undergraduate Students
The Community Care Fund (CCF) provides a subsidy for undergraduates to meet student hostel expenses. Each eligible undergraduate will be offered a hostel subsidy of up to $9,180 a year in the 2018/19 academic year. The actual amount of subsidy received by each eligible undergraduate is to be determined with respect to the student’s level of assistance assessed in the means test of the FASP.
6.Community Care Fund — Increasing the academic expenses grant under the Financial Assistance Scheme
The Community Care Fund (CCF) provides an additional academic expenses grant for needy undergraduates. Each eligible undergraduate will be offered an additional academic expenses grant of up to $2,280 in a year in the 2018/19 academic year. The actual amount received by each eligible undergraduate is to be determined with respect to the student’s level of assistance assessed in the means test of the FASP.
7.One-off Grant to Financially Needy Students
Pursuant to the 2018-19 Budget passed by the Legislative Council on 10 May 2018, a one-off grant of $2,000 will be provided to financially needy students to support their learning. Each needy student pursuing preprimary to post-secondary education who is eligible to receive any means-tested financial assistance provided by WFSFAA in the 2018/19 academic year will be given the one-off grant of $2,000.
WFSFAA will arrange to disburse the one-off grant of $2,000 to the designated bank accounts of the eligible applicants through autopay starting from October 2018. Applicants need not submit a separate application for the one-off grant.
Entrance Scholarships for Year One Entry
1. iFREE Entrance Scholarship for the Bachelor of Business Administration (Honours) in Digital Marketing programme
Starting from the academic year 2019/20, iFREE GROUP (HK) LTD will make available an annual entrance scholarship of HK$1,000,000 for local students admitted to Year 1 of the Bachelor of Business Administration (Honours) in Digital Marketing (BBA-DM) programme. Each year, a maximum of 50 scholarships of HKD20,000 each will be made available.
For more details, please click here.
2. Entrance Scholarship for Commerce majors
The University offers an entrance scholarship for new local students admitted to Year 1 of selected Bachelor’s programmes in the Faculty of Commerce. Each recipient will be awarded HK$10,000. This scholarship aims at encouraging local students who have an enthusiastic interest in the world of commerce to become substantial contributors and future leaders.
For more details, please click here.
Entrance Scholarships for Year Two Entry
In academic year 2019/20, HKSYU is committed to awarding a total of HKD30 million for Entrance Scholarship. Students who are admitted directly to Year 2 and have achieved a total GPA of 2.5 or above in their AD/HD studies will be awarded an entrance scholarship. An entrance scholarship of up to HK$70,500 for the first year of study at the University will be awarded to successful applicants on the basis of the total GPA score attained in the AD/HD programme.
For more details, please click on the following link: https://www.hksyu.edu/year2admission/scholarship/
Non-means-tested Subsidy Scheme (NMTSS)
From the 2017/18 academic year, the government provides a non-means-tested annual subsidy for eligible students pursuing full-time locally-accredited local and non-local self-financing undergraduate (including top-up degree) programmes in Hong Kong offered by eligible institutions (except for those enrolled in places already supported under the Study Subsidy Scheme for Designated Professions/Sectors). All undergraduate programmes offered by the University are eligible under the subsidy scheme. Please click on the link for more details.
Under the Subsidy Scheme, a non-means-tested annual subsidy will be provided to Hong Kong students:
(a) attaining “3322” in the Hong Kong Diploma for Secondary Education Examination (HKDSE) when they are enrolled in eligible self-financing undergraduate programmes; or
(b) with sub-degree qualifications (i.e. after completing sub-degree programmes) when they are enrolled in relevant eligible self-financing top-up degree programmes.
1. The amount of subsidy may be adjusted annually subject to the approval by the Legislative Council.
2. Under the current Subsidy Scheme, sub-degree holders admitted to Year One without attaining “3322” in the HKDSE are considered ineligible.
Other Scholarships and Financial Assistance Schemes
- Undergraduate Scholarships: To encourage hard-working students to strive for their best and keep making improvements in their academic performances.
- Outstanding Academic Improvement Awards: To encourage and recognize students with significant improvement in their academic performance.
- Service Scholarships: To compliment students on their enthusiasm in serving the university and the community.
- Fellowships: To encourage the final-year students to continue staying in Hong Kong or to go overseas for completing postgraduate programmes.
HKSYU Financial Assistance Scheme
HKSYU offers tuition remission, bursaries, interest-free loans and emergency assistance to needy students.
For detailed information about scholarships and financial assistance, please go to the website of Office of Student Affairs.