|
|
Financing your study
Studying with the OUHK is not cheap -- but then nothing of value ever is. The
University provides a number of ways to help you finance your study.
How much will a course/qualification cost?
Since the cost of OUHK courses varies, we can only help you estimate the cost
for an OUHK qualification. The approximate costs are shown below.
| Course level |
Course codes starting with ... |
Approximate cost per credit (HKD) |
Pre-foundation/
Foundation |
0 or 1 |
$870 |
| Middle |
2 |
$980 |
| Higher |
3 or 4 |
$1,050-$1,130 |
| Postgraduate |
8 |
$1,130-$1,420 |
Note: Some courses (e.g. those delivered in face-to-face mode, or
those with lab classes etc.) have higher course fees. Please refer to Courses
Supplement for details.
Now, if you refer to the credit requirement table and determine the number of credits required for the qualification you're
seeking, you can estimate the cost.
You should note that fees paid are not refundable or transferable to another
semester or another use.
Senior citizen discount
Elderly persons aged 65 or above with a Senior Citizen Card will be offered a
discount of 30% on the tuition fees at the time of course registration.
(The discount offer is not applicable to Continuing Education Fund [CEF]
reimbursable courses.) If you are interested in the Scheme, you should
submit your application in person and produce your senior citizen card for
verification during office hours. If you prefer to apply by mail, you should
submit your application together with a copy of your senior citizen card.
(Applicants interested in the short courses offered by the Li Ka Shing Institute
of Professional and Continuing Education should contact LiPACE for further
information.)
Financial assistance
OUHK loans and bursaries
tudents who encounter financial difficulties may apply for a bursary or loan
under the Student Financial Assistance Scheme which is means-tested, for paying
their tuition fees. Both bursaries (which do not need to be repaid) and loans
(which must be repaid) are offered to students according to their financial
circumstances.
As a new student, you are only eligible for 'Pay As You Learn' Loans. You
will become eligible for bursaries and other loans once you start accumulating
credits.
-
Loans are financed by a Government grant of $100 million.
They are available to any student (new or continuing) who intends to register
for any distance-learning/part-time face-to-face credit-bearing course on an application basis. Repayment terms may be
within the duration of the course (i.e. pay as you learn), one year after the
loan is granted, or after graduation, depending on the type of loan granted.
-
Bursaries are donated by commercial organizations, firms and individuals. All continuing students who have passed one distance-learning/part-time face-to-face credit-bearing course at the OUHK may apply.
Government financial assistance schemes
The Government provides several schemes:
-
All OUHK students can apply for the Extended Non-means-tested Loan Scheme (ENLS).
-
Students taking OUHK courses of a total registration value of not less than 45 in two consecutive semesters or not less than 25 in one semester may be regarded as full-time students and eligible for assistance under Financial
Assistance Scheme for Post-secondary Students (FASP)/
Non-means-tested Loan Scheme for Post-secondary Students (NLSPS) if they fulfil the criteria of the schemes. Please note that the age limit for FASP is 30 or below while there is no age limit for NLSPS.
-
Many OUHK courses have been approved as reimbursable courses under the Continuing Education Fund (CEF)* set up by the Government.
Students who wish to seek fee reimbursement with regard to courses under the
CEF should check the relevant webpage (http://www.sfaa.gov.hk/cef) for the
latest information before they register for the courses. To be eligible for
consideration, the applicant must have completed the CEF-approved course in
compliance with CEF regulations, having passed it at the threshold prescribed
by the Office of the CEF which may not be the same as the University's pass
threshold set for the course. Having satisfied the above and all other requirements of the Office of the CEF which it may prescribe from time to time, the eligible applicants will be reimbursed 80% of their fees, subject to a maximun sum of HK$10,000 (whichever is less), on successful completion of a reimbursable course. Each applicant may make four claims of reimbursement, subject to a ceiling of HK$10,000 within four years from the date the application for opening an account with CEF was approved. For details, please visit the CEF webpage: http://www.sfaa.gov.hk/cef/claim.htm. You can also call the CEF hotline at 3142 2277.
* To comply with the requirements of the HKSAR Government's Office of the CEF, the University will not offer any tuition fee discounts or reduction to students applying for 'CEF reimbursable courses'.
OUHK MasterCard Interest free tuition loan
The Wing Lung Bank offers the Interest Free Tuition Loan to
all OUHK MasterCard holders. For details, please call the Wing Lung Bank Credit
Card Centre Hotline on 2928 6668 or visit the Wing Lung Bank webpage: http://www.ouhk.edu.hk/oumastercard.
Other award schemes
-
An interest-free emergency assistance loan scheme is
available to continuing students who encounter unexpected emergencies.
-
Scholarships donated by commercial organizations, firms
and individuals are awarded each year to students for their outstanding
academic achievement.
You can consult the Student Affairs Office of Registry
(2768 6636) for further information.
|