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Source: Hong Kong Information Services

Applications are being invited from self-financing post-secondary institutions for funding support under a $1.26 billion scheme to develop and enhance programmes that meet market needs but require high startup costs.

Announcing the launch of the Enhancement & Start-up Grant Scheme for Self-financing Post-secondary Education today, the Education Bureau said the scheme will help institutions better develop their strengths and niche areas, thereby strengthening strategic co-ordination between them.

It will also relieve the financial burden on students by alleviating the institutions’ need to fully recover the set-up costs from tuition fees, the bureau added.

The application deadline is April 23, 2021.

Independent non-profit-making education institutions offering full-time locally accredited local self-financing sub-degree or undergraduate including top-up degree programmes are eligible to apply.

These institutions include the Open University of Hong Kong, approved post-secondary colleges under the Post Secondary Colleges Ordinance and post-secondary institutions registered under the Education Ordinance.

The Committee on Self-financing Post-secondary Education will advise on the merits of the proposals received and make recommendations to the Secretary for Education.

Funding for each proposal will generally be capped at $42 million. Funding beyond the cap may be provided on a case-by-case basis, subject to the actual utilisation of the scheme’s funds and the merits of the proposal as advised by the committee.

Click here for details.  

MIL OSI Asia Pacific News