PolyU Financial Assistance Scheme
Aim of the Scheme
The Centre STARS (Student Advancement and Resources) administers a number of bursaries and interest-free loans which are intended to provide supplementary assistance to students whose necessary expenses cannot be covered by the government's Tertiary Student Finance Scheme - Publicly-funded Programmes (TSFS) and the Non-means-tested Loan Scheme for Full-time Tertiary Students (NLSFT) and/or their family/personal resources.
Source of Funds
The funds are made available by the generous donation of private organizations and individuals. With the unfailing support from our donors, as of 30 June 2019, around HK$4.8 million dollars of bursaries and loans were offered to needy students in 2018/19. Of which around HK$2.6 million dollars were allocated through the PolyU Financial Assistance Scheme.
2018-19 Bursaries and Loan Funds (for reference)
Local full-time government-funded students with demonstrable financial difficulties are eligible to apply. Students however are reminded that the government schemes are the main sources of financial support and they should attempt to have made full use of TSFS and/or NLSFT before they apply for this Scheme. For need assessment, applicants are required to provide information of their financial assistance application record, family income and assets.
Form and Level of Assistance
Assistance may be in the form of bursary (助學金) (no repayment needed) and/or interest-free loan (免息貸款). The level of assistance offered to each successful applicant is normally determined by the extent to which the applicant's tuition fee and basic living expenses cannot be covered by government assistance and his/her family/personal resources, as well as the funds available for disbursement.
In 2018/19, 352 out of 394 applications (89%) were successful under the PolyU FA Scheme (Main Round exercise). The average amounts of bursary and loan are about HK$7,400 and HK$10,700 respectively. The bursary amount normally ranged from HK$3,000 to HK$10,000 while the loan amount ranged from HK$10,000 to HK$15,000.
When and Where to Apply
An annual centralised application exercise is in use to process application for financial assistance under the PolyU Financial Assistance Scheme. Application period is normally in the commencement of an academic year.
Application for PolyU FA 2019/20
Date: 26 – 27 Sep 2019 (Thur - Fri) 1
Time: 9:00 a.m. – 12:30 p.m. & 2:00 p.m. – 5:30 p.m.
Venue: Room QT308, 3/F (Entrance at Core T)
Applicant must thoroughly read the "Important Notes to Applicant" before filling in the Application Form.
Applications will be paper-vetted in the first instance. If necessary, applicants will be required to submit further information and/or invited to attend an interview for clarification and assessment.
Applicants would receive the initial result in around mid-November 2019. You can also check your record of the PolyU FA via the Scholarship and Financial Assistance System (SFAS) - https://www40.polyu.edu.hk/sfas-student.
You can refer to the following workflow for the procedures of PolyU FA.
PolyU FA - Workflow for Applicant