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[Archive] Statistics on the Non-means Tested Loan Scheme

LEGCO QUESTION NO. 14(WRITTEN REPLY)

 

Date of Meeting: 16 May 2001



Asked by : Hon YEUNG Yiu-chung

Replied by : SEM

Question :

Regarding the Non-means-tested Loan Scheme set up for students of tertiary institutions, will the Government inform this Council of:

  1. the respective numbers of full-time and non-full-time students awarded loans in this school year, and their relative ratios;

  2. the number of applications received since January last year for deferring repayment of loans, with a breakdown by the reasons for applying; and

  3. the current number of cases in which repayment of loans has been outstanding for two or more consecutive quarters and its percentage in the total number of repayment accounts, as well as the total amount overdue?


Reply:

Madam President,

a. The ambit of the Non-means Tested Loan Scheme (NLS) covers students of publicly-funded institutions1, the Open University of Hong Kong, the Hong Kong Shue Yan College and persons pursuing continuing education provided in Hong Kong by registered schools, non-local universities and professional and recognised training bodies. In the 2000/01 academic year (up to 30 April 2001), a total of 9 970 persons have obtained loans under the NLS with 7 356 (74%) taking full-time courses and 2 614 (26%) taking part-time courses.

1 The eight University Grants Committee-funded institutions, the Hong Kong Institute of Vocational Education of the Vocational Training Council, the Hong Kong Academy of Performing Arts and the General Diploma Course on Dental Technology at the Prince Philip Dental Hospital.
b. From January 2000 to 30 April 2001, we received 313 applications for deferring repayment of loans under the NLS. A breakdown by the reasons given in support of these applications is as follows:

Reason for deferment No. of applications
Further studies 199
Financial hardship 111
Illness 3
Total 313
c. A breakdown of the loan repayment cases that were in default for two or more consecutive quarterly instalments as at 30 April 2001 is as follows :