Government of Hong Kong Special Administrative Region Education Bureau: HKSAR Government Scholarship Fund

With a view to attracting outstanding local students to advance their studies at home, and meritorious non-local students to pursue higher education opportunities in Hong Kong, the Government established in 2008 the $1 billion HKSAR Government Scholarship Fund (the Fund) to recognize outstanding local and non-local students. Each academic year, the Government will distribute a sum of money, funded by the investment income generated from the Fund, to the nine institutions [the eight University Grants Committee-funded institutions and the Hong Kong Academy for Performing Arts (HKAPA)] offering full-time publicly-funded programmes at degree or above levels. The scholarship is $40,000 per year for local students and $80,000 per year for non-local students.