Extended Non-means-tested Loan Scheme


Important Notice/ Disclaimer

  1. Before applying for and accepting the ENLS loans in the 2014/15 academic year, you should consider carefully about your need and repayment ability. Please read the tips on early financial planning. In addition, please ensure that you have read the Application Guidance Notes and fully understood the terms and conditions of the ENLS loans and undertake to abide by these stipulated terms and conditions.
  2. It is in your best interests to prudently select a suitable course provider/course. Once your loan application under the ENLS is approved and the loan is drawn down, you are liable for repayment of the loan and the interest accrued thereon. Such liability shall not be limited or reduced in any event, including but not limited to the occurrence of any dispute arising in relation to the teaching quality, your cessation of being a student or withdrawal from/suspension/deferment of your studies, your failure to complete the course for whatever reason, and the course provider’s failure to provide the course for whatever reason.

Notes to Applicant of the Continuing Education Fund

  1. The Government of the Hong Kong Special Administrative Region (the Government) may apply any reimbursement granted to you under the Continuing Education Fund (CEF) for attending a reimbursable course (CEF Course) to set off any amount payable by you to the Government in accordance with the terms and conditions of the ENLS loan. The CEF Course must be a course in the programme of studies under which the ENLS loan is being granted to you. For details, please refer to paragraphs 6 and 12.1 of Part I of the Application Guidance Notes.




Important Notice/ Disclaimer

  1. Before applying for and accepting the ENLS loans in the 2014/15 academic year, you should consider carefully about your need and repayment ability. Please read the tips on early financial planning. In addition, please ensure that you have read the Application Guidance Notes and fully understood the terms and conditions of the ENLS loans and undertake to abide by these stipulated terms and conditions.
  2. It is in your best interests to prudently select a suitable course provider/course. Once your loan application under the ENLS is approved and the loan is drawn down, you are liable for repayment of the loan and the interest accrued thereon. Such liability shall not be limited or reduced in any event, including but not limited to the occurrence of any dispute arising in relation to the teaching quality, your cessation of being a student or withdrawal from/suspension/deferment of your studies, your failure to complete the course for whatever reason, and the course provider’s failure to provide the course for whatever reason.

Notes to Applicant of the Continuing Education Fund

  1. The Government of the Hong Kong Special Administrative Region (the Government) may apply any reimbursement granted to you under the Continuing Education Fund (CEF) for attending a reimbursable course (CEF Course) to set off any amount payable by you to the Government in accordance with the terms and conditions of the ENLS loan. The CEF Course must be a course in the programme of studies under which the ENLS loan is being granted to you. For details, please refer to paragraphs 6 and 12.1 of Part I of the Application Guidance Notes.

Aim

The Extended Non-means-tested Loan Scheme (ENLS) provides financial assistance in the form of
loan(s) to eligible students to settle tuition fees of specific post-secondary / continuing and professional education courses provided in Hong Kong.

For students who are covered under the Tertiary Student Finance Scheme - Publicly-funded Programmes (TSFS), please refer to the details of the Non-means-tested Loan Scheme for Full-time Tertiary Students.

For students who are pursuing eligible programmes under the Financial Assistance Scheme for Post-secondary Students (FASP), Please refer to the details of the Non-means-tested Loan Scheme for Post-secondary Students .

Eligibility

  • Applicants may apply for an ENLS loan to cover their tuition fees payable in the 2014/15 academic year if they are students of any course in the following categories:

    1. courses
      1. accredited by the Hong Kong Council for Accreditation of Academic and Vocational Qualifications (HKCAAVQ) ; or
      2. offered by institutions (including their Schools of Professional and Continuing Education) by virtue of their self-accreditation status or Programme Area Accreditation status;
    2. courses under Yi Jin Diploma;
    3. courses covered by the Financial Assistance Scheme for Designated Evening Adult Education Courses;
    4. training or development courses provided or funded by local statutory bodies; and
    5. registered courses and exempted courses under the Non-local Higher and Professional Education (Regulation) Ordinance (Chapter 493).
    Please refer to the Register of Eligible Courses under the ENLS.
  • As a transitional arrangement, a list of courses not falling under the above categories of courses are granted with a provisional qualified status. Students pursuing these courses may continue to apply for loan(s) under the ENLS. Please refer to the List of Courses with Provisional Qualified Status.

    (The Register of Eligible Courses and the List of Courses with Provisional Qualified Status are for reference only and the Controller of the Student Financial Assistance Agency (C, SFAA) reserves the right to amend, delete or alter the list without prior notice.)

  • Applicants should have the right of abode in the Hong Kong Special Administrative Region ("Hong Kong") (an alphabet “A” should be shown on the front side of your Hong Kong Permanent Identity Card) or have resided or have had their homes in Hong Kong continuously for three complete years immediately prior to the commencement of the programme/course. This does not cover students studying in Hong Kong holding student visas.

Register of Eligible Courses

Applicants are eligible to apply for loan(s) under the ENLS to cover tuition fees if they are students of any course(s) shown in the Register of Eligible Courses. Please click the link below to browse the Register of Eligible Courses. The Agency will review and update the Register regularly.

Register of Eligible Courses.

List of Courses with Provisional Qualified Status

As a transitional arrangement, a list of courses not falling under the eligible categories of courses are granted with a provisional qualified status. Students pursuing these courses may continue to apply for loan(s) under the ENLS. Provisional qualified status granted to these courses will expire on 31 March 2015. Please click the link below to browse the List of Courses with Provisional Qualified Status. The Agency will review and update the List regularly.

List of Courses with Provisional Qualified StatusDownload PDF file format

Maximum Level of Loan Amount and Life-time Loan Limit

  • The maximum amount you may borrow is the total tuition fee(s) payable in the 2014/15 academic year provided that the amount should not exceed an aggregate of 12 months' tuition fee(s) payable and the life-time loan limit or its remaining balance stipulated below.

  • With effect from the 2012/13 academic year, a life-time loan limit is imposed on each student eligible for receiving loans under the ENLS. The loan limit will be price-adjusted annually in accordance with the Composite Consumer Price Index. The life-time loan limit is HK$325,700 for the 2014/15 academic year.

  • Loan(s) disbursed from the 2012/13 academic year and onwards will be counted towards the life-time loan limit, which is not of revolving nature and will not be reset by any repayments. Eligible student may borrow a loan amount up to the total tuition fee(s) payable above, subject to the life-time loan limit or its remaining balance (calculated as at the date of approval of the loan application) not being exceeded. Once an Applicant has exhausted the life-time loan limit or its remaining balance, the Agency will not consider his/her loan application(s).

  • The level and conditions of loan to be borrowed for different categories of programmes are listed below:

    Programme Structure Maximum Level and Conditions of Loan
    (a) Structured programme (excluding those postgraduate research courses of which the tuition fees will be paid in more than two instalments in any period of 12 months) Your loan application must be for the full tuition fee for any one semester/instalment or any combination of semester(s)/instalment(s).
    (b) Programme or course of which the tuition fees are chargeable on a modular or credit basis

    Your loan application must be for the full tuition fee for all the credits/modules stipulated in the debit note at the time of submission of your application;

    if you opt to add any course or credit which leads to additional tuition fees after you have submitted an application for the ENLS loan for the same semester, you have to submit another application no matter whether your previous application has been approved if you want to apply for the ENLS loan to cover the tuition fee of the additional course(s)/credit(s); and

    if you opt to drop any course or credit which leads to reduced tuition fees after you have submitted an application for the ENLS loan, you should notify the Agency in writing at least 8 working days (excluding the loan drawdown date) before the loan drawdown date(s) for adjustment of the loan amount. If the Agency does not receive any notification of adjustment from you and the loan disbursed to you exceeds the tuition fee payable, you are required to refund any overpaid loan to the Agency. Please note that interest will accrue for the ENLS loan disbursed to you from the drawdown date.

    You must submit separate loan application(s) for each semester unless you can provide proof/confirmation from your institution or its operator/local agency (if applicable) for the number of credit(s)/module(s) you will pursue in the coming semesters within the same academic year.

    (c) Postgraduate research courses (MPhil or PhD) of which
    1. the tuition fees will be paid in two or more instalments in any academic year; or
    2. the tuition fees of the next and subsequent instalments have yet to be announced; or
    3. the tuition fees payable are not in equal instalments.
    You must submit a separate application for each instalment of your tuition fees unless you can provide proof/confirmation from your institution or its operator/local agency (if applicable) for the number of instalment(s) you will have to pay in the coming semesters within the same academic year; and

    your loan application must be for the full tuition fee for the instalment for which the loan is to be applied.
    (d) Summer Semester You must submit a separate application if it is not included in any of your previous application(s); and

    your loan application must be for the full tuition fee(s) for all the subject(s) you have enrolled at the time of submission of your application.
    (e) A combination of semester(s)/subject(s) covered by the same application Your loan application must be for the full tuition fee(s) for any one semester/instalment or any combination of semester(s)/instalment(s).
    (f) Any programme or course which does not fall in any of the above-mentioned categories You must submit a separate application for each instalment of your tuition fee(s); and

    your loan application must be for the full tuition fee of that particular instalment.

Interest and Administrative Fee

  • The ENLS operates on a full-cost recovery basis. Interest rate is set at the Government of the Hong Kong Special Administrative Region (the Government)’s no-gain-no-loss rate which is currently set at 3.688% below the average best lending rate (BLR) of the note-issuing banks, plus a risk-adjusted factor which seeks to cover the Government’s risk in disbursing unsecured loan. Interest is charged at the prevailing ENLS interest rate once the loan is drawn down and throughout the repayment period until the ENLS loan is fully repaid. The Director of Accounting Services will review the no-gain-no-loss interest rate by the end of each month according to any changes in the average BLR in the month and will adjust the rate with effect from the first day of the following month. The Financial Committee of the Legislative Council has approved to reduce the risk-adjusted factor to zero with effect from the 2012/13 academic year, and review after three years of implementation. Please refer to the homepage of ENLS Administrative Fee and Interest Rate for the prevailing ENLS interest rate.

  • An administrative fee, to cover the full costs of processing and administering the ENLS loan(s), is chargeable for each application and each loan account:

    • Administrative fee is chargeable as from the submission of the first application and annually thereafter until the ENLS loan and the interest accrued thereon are fully repaid.

    • Administrative fee will be charged on each loan account on an academic year basis. Administrative fee for the coming academic year is chargeable on 1 December each year. If there is any unsettled balance under the loan account on or after 1 December, administrative fee for the coming academic year will be demanded for repayment in the demand note with due date falling on 1 January of the following year.

    • Administrative fee is a fixed fee and will not be charged on a pro-rata basis nor divided by instalments. Administrative fee paid is neither refundable nor transferable.

    • Under normal circumstances, loan recipients will not receive any demand note before commencement of loan repayment. Thus, the administrative fee accrued during the study period will be demanded for repayment in the first demand note with due date falling on 1 January of the year following the commencement of loan repayment. In other words, loan recipients may be required to repay administrative fee accrued for more than one year in the above-mentioned demand note.

    • The fee payable on application may include the said administrative fee and a handling charge levied by and payable to your institution.

    • Administrative fee is subject to review regularly. You may refer to the homepage of ENLS Administrative Fee and Interest Rate for the current administrative fee.

  • If an applicant who obtains loan(s) for two or more courses under ENLS, separate loan accounts will be created on a course-basis. If an applicant obtains loans under the ENLS as well as other loan schemes administered by the Agency in respect of the same course, separate loan accounts will be created under the respective loan schemes. Interest and administrative fee will be calculated separately for each account. Request for merging loan accounts of different schemes and courses will not be accepted.

  • The administrative fees payable in the 2014/15 academic year by eligible students studying at the relevant Institutions are set out in the following table:

    Students On each application Remarks
    Students of :
    • University Grants Committee (UGC)-funded Institutions*
    • Hong Kong Institute of Vocational Education (IVE) (including Hong Kong Design Institute)
    HK$260 The amount covers an administrative fee of HK$180 payable to the Government and a one-off handling charge of HK$80 payable to your institution
    Students of :
    • The Open University of Hong Kong (including Li Ka Shing Institute of Professional and Continuing Education)
    • The Schools of Professional and Continuing Education of UGC-funded Institutions / the Vocational Training Council
    • Yi Jin Diploma
    • Other Eligible Institutions/Course Providers
    HK$180

     

     

     

     

                         __


    * UGC-funded Institutions include the University of Hong Kong, the Chinese University of Hong Kong, the Hong Kong Polytechnic University, Hong Kong Baptist University, City University of Hong Kong, the Hong Kong University of Science and Technology, Lingnan University and the Hong Kong Institute of Education.

  • Please pay the administrative fee (HK$ 260 or HK$ 180) to the Agency’s bank account at the Hong Kong and Shanghai Banking Corporation (HSBC) (payment by cheque is NOT accepted). The account number is 044-171635-001; OR

  • Transfer the administrative fee to the Agency's account through automatic teller machines (ATM) of HSBC. Please follow the steps below:
    • choose the service "Transfer";
    • key in the Agency’s account number "044-171635-001", then the amount HK$ 260 or HK$ 180, as appropriate;
    • choose the “issue advice” option;
    • transaction ends and take the advice; and
    • write your full name and Hong Kong Identity Card Number on the back of the original ATM transaction advice.

    Please note that if you fail to submit the original bank transaction advice/ receipt / ATM transaction advice during your submission of ENLS loan application, you have to apply for a bank statement from HSBC showing the transaction concerned. Payment by cheque or PPS is NOT accepted.

 

How to Apply

  • If you wish to apply for the ENLS loans, you should complete the ENLS application form (SFAA 141) or (SFAA 141C), Undertaking (SFAA 142) or (SFAA 142C), Deed of Indemnity (SFAA 143) or (SFAA 143C) and the relevant loan documents which can be downloaded from the Agency's website.

  • Students of the Open University of Hong Kong (OUHK) should also refer to the Supplementary Application Guidance Notes [SFAA 202(10/2014) or SFAA 202(04/2015)] for the application procedures, deadline and the payment arrangement of the loan of the October 2014 or April 2015 Semesters which are obtainable at the OUHK, the Agency and downloadable at the Agency's website.

  • You may submit your application together with the documents required by the following means:

    1. in person to the Agency during office hours; or
    2. authorise a person to submit the application to the Agency by completing the authorisation formDownload pdf file format.
  • You should submit your completed application to the Agency before the deadline. Your application should include the documents listed below. If the required documents submitted are not in order, your application will not be accepted.

    1. duly completed and signed Application Form;

    2. photocopies of the Hong Kong Identity (HKID) Cards of yourself, your Indemnifier(s), and your Witness(es). The photocopies should be signed on the face and certified as true copies by the respective cardholders. The signatures should be the same as those shown on the Undertaking and the Deed of Indemnity, as appropriate. Please make each photocopy of the HKID Card on a separate A4 size white paper which is blank on both sides. Photocopies made by facsimile machine, enlarged or reduced photocopies, duplicates of the signed photocopies, unclear or incomplete photocopies of the respective HKID Cards are not acceptable. Please be reminded that if you/your Indemnifier(s)/Witness(es) mark(s) "COPY" on the photocopies of the HKID Cards submitted, the "COPY" mark should be made across the whole image of the HKID Cards and the names in Chinese (if applicable) and English, HKID Card Numbers, Dates of Birth and resident status symbols printed on the HKID Cards should be legible and not obliterated from sight;

    3. a photocopy of your Student Identity Card and/or admission letter if you are a new student, together with any document showing your course of study in the 2014/15 academic year if your Student Identity Card does not contain such information. You should also bring along your original Student Identity Card and/or admission letter for verification;

    4.  
      (i)

      if you have already paid the tuition fee(s), please provide the original receipt(s). The original receipt should be authenticated by the institution and bear the institution chop with the payment date and paid amount of the tuition fee(s), name of institution, name of student/Student Identity Card number, name of programme/course and year/term of study clearly stated;

      (ii)

      if you have not paid the tuition fee(s), please submit the original and photocopy of debit note or payment schedule issued by your institution or its operator/local agency (if applicable) which clearly states the exact amount and payment due date(s) of tuition fee(s) payable;

      (iii)

      if the application involves paid and unpaid part of your tuition fee(s), you should submit relevant documents as stipulated in (i) and (ii) above;

    5. the original copy of bank exchange memo/bank receipt showing the exchange rate in Hong Kong dollars if you have paid the tuition fee(s) in foreign currencies;

    6. duly completed and signed Undertaking;

    7. duly completed and signed Deed of Indemnity;

    8. documentary evidence in originals showing your residential and correspondence addresses in Hong Kong within the recent 3 months. Documentary evidence should be letter issued by government bureaux/departments, public organisations/utilities or commercial organisations;

    9. documentary evidence showing your Indemnifier’s employment status and income, residential and correspondence addresses and office/employer’s business address (Note: For details, please refer to paragraph 5.8 (d) to (f) of the Application Guidance Notes (SFAA 140));

    10. documentary evidence showing your employer's business address upon request if you are under employment;

    11. the customer copy of the original bank transaction advice/original ATM transaction advice for the administrative fee paid (Note: For details, please refer to Interest and Administrative Fee); and

    12. if you have already paid all or part of your tuition fee(s), you should submit a photocopy of the relevant page of your bank passbook or account statement showing your name and account number for our arrangement to reimburse all or part of the loan for the tuition fee(s) paid by direct crediting to your bank account.

    (Note: All of the above submitted documents are not returnable. The Agency reserves the right to request you to re-submit any of the above photocopies of supporting documents, provide the original copy for verification, provide additional documents/information, or sign an additional declaration, if necessary.)

  • You should provide a qualified Indemnifier for your application. To be acceptable as an Indemnifier, a person must be a Hong Kong resident holding a Hong Kong Permanent Identity Card; at or over 21 years of age; gainfully employed in Hong Kong and financially sound; able to submit documentary evidence showing the current employment status and income in Hong Kong; able to submit documentary evidence in originals showing his/her residential and correspondence addresses in Hong Kong within the recent 3 months; able to submit documentary evidence showing his/her office/employer's business address in Hong Kong; and able to produce documentary evidence showing his/her financial position upon request by the C, SFAA.

    (Note: For details about the requirements of a qualified Indemnifier, please refer to the paragraph 5.8 of the Application Guidance Notes (SFAA 140))

  • You should provide a qualified Witness for your application. To be acceptable as a Witness, a person must be a Hong Kong resident holding a Hong Kong Permanent Identity Card; and at or over 18 years of age.

    (Note: For details about the requirements of a qualified Witness, please refer to the paragraph 5.9 of the Application Guidance Notes (SFAA 140))

  • If you and/or your Indemnifier(s) has/have any arrears (including but not limited to grant(s), loan(s), interest, overdue interest, administrative fee and any recovery costs (including legal costs and related expenses in the course of legal recovery actions), etc.) under any financial assistance/loan scheme(s) administered by the Agency, or you and/or your indemnifier(s) has/have previously failed to comply with the terms and conditions of any financial assistance/loan scheme(s) administered by the Agency, the C, SFAA reserves the right to withhold processing of your application(s) or release of loan(s) to you.

Notification of Result

  • If the information you provide is complete and all the required documents submitted are in order and the programme(s)/course(s) pursued is/are already included in the Register, you may normally be notified of the result within 3 weeks by mail from the date of complete information submission of your application to the Agency. If you do not receive the Approval Letter after 3 weeks from the date of complete information submission of your application to the Agency, please contact the Agency immediately. Please note that the Approval Letter will cover all the approved loan instalment(s). You should retain the Approval Letter and present it everytime when you collect the cheque(s) from the Agency. No further Approval Letter will be sent to you for each loan instalment.

  • If the information provided is incomplete or if there are discrepancies in the supporting documents provided, the Agency will require you to give an explanation or provide supplementary information and the processing time of such cases will be longer.

  • For applications involving undischarged bankrupts, or subject persons of IVA, the C, SFAA will consider these applications on a case-by-case basis. Under these circumstances, longer processing time will be required.

Payment of ENLS Loan

  • If your loan application is approved, the 1st instalment loan will normally be paid within 4 weeks upon the date of approval by the following methods:

    Circumstance Payment Method(s)
    (a) You have already paid all or part of the tuition fees covered in your application. i.    That part of the loan covering the paid tuition fees will be credited to your designated bank account*; and/or

    ii.    that part of the loan covering the unpaid tuition fees will be made by instalment(s), where appropriate and made payable to your institution or its operator/local agency [applicable if you are pursuing a registered course or exempted course under the Non-local Higher and Professional Education (Regulation) Ordinance (Cap. 493)] by cheque(s).
    (b) You have not paid any part of your tuition fees. The loan will be made by instalment(s), where appropriate, and made payable to your institution or its operator/local agency (if applicable) by cheque(s).

    * Please note that fixed deposit account, credit card account, foreign currency account, security/investment account will not be accepted for payment purpose. If you do not have a bank account, you are advised to open one before you submit your application. You must be the sole holder of the account. If the loan cannot be credited to your bank account because of incorrect bank account information provided by you; or the bank account has been cancelled or frozen, the Agency will not bear any responsibility for any loss or charge caused to you. You are also required to submit the updated bank account information in writing including the photocopy of the relevant page of your bank passbook or account statement showing your name and account number. The new drawdown date(s) will be determined by the Agency.

Application for Another ENLS Loan

  • You may apply for another ENLS loan(s) to cover your tuition fees of subsequent semester(s)/
    instalment(s) within the 2014/15 academic year if they were not covered in any previous application(s).

  • An administrative fee is payable for each application.

  • Application for another ENLS loan(s) should follow the same procedures as those for the first application.

  • The amount of another ENLS loan(s) should not exceed your life-time loan limit or its remaining balance as stipulated in paragraphs 3.1, 3.2 and 3.3 of Part I of the Application Guidance Notes.

Cancellation of ENLS Loan

If you wish to cancel your ENLS loan which has not yet been disbursed to you or the cheque(s) which has/have been disbursed to you, please refer to paragraph 11.1 and 11.2 of the Application Guidance Notes (SFAA 140) and return the respective duly completed form together with the cheque(s) (if applicable) to the Agency before the stipulated deadline(s). You are liable for repaying the interest accrued from the loan drawdown date(s) until the date of loan(s) cancellation. If you do not collect the cheque(s) within 1 month from the loan drawdown date, or if you or your institution or its operator/local agency (if applicable) does not present the cheque(s) within 6 months from the date(s) printed on the cheque(s), they will be cancelled automatically, and you are liable for repaying the interest accrued from the loan drawdown date(s) until the date of loan(s) cancellation. If you wish to apply for the concerned ENLS loan again in the same academic year, you should submit a fresh application and pay the required administrative fee for that application. Please note that some of the foreign currency cheques may not be valid for 6 months, depending on the regulations set by different banks. Please refer to paragraph 11 of the Application Guidance Notes (SFAA 140) for details on cancellation of ENLS loan.


Withdrawal from/ Cessation/ Suspension/ Deferment of Studies/ Change of Programme or Institution

If you decide to withdraw from/cease/suspend/defer your studies or you transfer to another programme/institution or you cannot complete your programme(s)/course(s) of study for whatever reason(s) or your institution fails to provide the course under application to you for whatever reason(s), after the Agency has advanced/disbursed the loan to you or issued to you by cheque(s) made payable to your institution or its operator/local agency (if applicable), you are required to notify the C, SFAA in writing immediately and repay the ENLS loan in one lump sum or by equal instalments, and if by instalments over a revised Repayment Period, and also interest to accrue on the loan at the prevailing ENLS interest rate per annum. The length of the ENLS loan Repayment Period, its commencement date, and repayment arrangement shall be decided by the C, SFAA.

Loan Repayment

  • The ENLS loan(s) borrowed by you and the interest accrued thereon are repayable in 15 years (Repayment Period) by 180 equal monthly instalments, or in a shorter Repayment Period by equal monthly instalments as agreed by the C, SFAA:

    1. upon graduation; or
    2. after you have completed the relevant programme(s)/course(s) of study; or
    3. upon achievement of the requisite number of credits/modules for your programme of study; or
    4. upon achievement of 160 credits for courses offered by the Open University of Hong Kong; or
    5. lapse of 6 years from the first disbursement of the loan,

    whichever is the earliest. If it is determined appropriate by the Agency, the loan borrowed and the interest accrued thereon are repayable within the Repayment Period by equal quarterly instalments. The Repayment Period shall commence after the course has officially ended while the interest shall accrue on the loan as soon as the loan has been advanced until the loan is repaid in full.

  • If you do not receive the notice of commencement of repayment within 6 months after your graduation or the course has officially ended, you should notify the Agency in writing immediately. If you cannot complete your study by the tentative date of graduation, you should notify the Agency in writing with the supporting documents issued by your institution(s).

  • If you are entitled to obtain course fee reimbursement under CEF, the Agency will apply the amount of reimbursement to set off your ENLS loan(s) immediately upon the disbursement of the reimbursement. The remaining balance of your ENLS loan(s) (if any) and the interest accrued thereon should be repaid in the intervals as mentioned above. For details, please refer to paragraph 6 of the Application Guidance Notes (SFAA 140).

  • Monthly repayment instalments will normally fall due on 1st of each calendar month each year. Monthly demand note will be issued 14 days before each due date as far as practicable by electronic means. If you do not receive the demand note 7 days before each due date, you should contact the Agency without delay.

  • Non-receipt of demand note for repayment does not exempt a loan recipient from the obligation to repay the instalment due on or before the due date; if the repayment is not made after the instalment becomes due, you will be required to repay with the Government the amount of the overdue instalment together with an overdue interest.

  • You are required to pay an administrative fee annually until the ENLS loan(s) and interest accrued thereon are fully repaid. The annual administrative fee is chargeable on a loan account basis.

  • You are advised to take note of the charging arrangement for administrative fee. Repayment of the ENLS loan in one lump sum on or before 30 November can save administrative fee for the ensuing academic year.

  • Default in loan repayment may give cause for legal proceedings against you / your indemnifier(s) by the Government for the recovery of the outstanding ENLS loan(s), interest, overdue interest (if any) plus administrative fee (if any) and any recovery costs incurred by the Government.

  • To request for lump sum/partial repayment of loan borrowed under the ENLS, you may either come in-person or appoint your representative with your signed authorization letter to the Agency during office hours (Monday to Friday 8:45 a.m. - 1:00p.m. & 2:00p.m. - 5:45p.m.); or send in your lump sum/partial repayment request in writing, by post, fax, e-mail or "SFAA E-link". Please refer to "Early Partial / Lump Sum Repayment of Loan Under Non-means-tested Loan Scheme (NLS)" (SFAA 186)Download PDF file format for terms and conditions for requesting lump sum/partial repayment of loan borrowed under the ENLS.

    Please note that all applications for lump sum/partial repayment must be made in-person or submitted in written form. No telephone request would be entertained.

  • To request for restructuring repayment period of loan borrowed under the ENLS, you may either come in-person or appoint your representative with your signed authorization letter to the Agency during office hours (Monday to Friday 8:45 a.m. – 1:00p.m. & 2:00p.m. – 5:45p.m.); or send in your request for restructuring repayment period in writing, by post, fax, or e-mail. Please refer to “Restructuring Repayment Period of Loan under Non-means-tested Loan Scheme (NLS)” (SFAA 279_E) for terms and conditions for requesting restructuring repayment period of loan borrowed under the ENLS.


    Please note that all applications for restructuring repayment period must be made in-person or submitted in written form. No telephone request would be entertained.

    Please click hereDownload PDF file format (42KB) to obtain a copy of “Restructuring Repayment Period of Loan under Non-means-tested Loan Scheme (NLS)” (SFAA 279_E).


  • With a view to facilitating better financial management of loan recipients, with effective from 2012/13 academic year, loan recipients are required to repay their ENLS loans by monthly instalments. The Agency will implement the monthly repayment arrangement by phases. For loan borrowers who have obtained ENLS loans from 2012/13 onwards and without any loan accounts repaying with quarterly repayment arrangement under different schemes administered by the Agency, they will be covered in the first phase of implementation of monthly repayment arrangement. In case you have loan accounts repaying with quarterly repayment arrangement under different schemes, the above monthly repayment arrangement will not be applicable until a date to be announced by the Agency. Meanwhile, the quarterly repayment arrangement will be applicable to all of your loan accounts under different schemes. Please refer to Electronic Repayment Notification and Demand Note for the arrangement.

  • You can repay your loan(s) by using different repayment methods.

  • Please read the Agency’s pamphlet on “Learn to Manage Money Before it Manages You”.

Electronic Repayment Notification and Demand Note

Upon implementation of monthly instalment repayment arrangement, the Agency would issue monthly repayment notifications and demand notes by electronic means through "MyGovHK" and “SFAA E-link” for environmental friendly reason and to avoid possible non-receipt of postal repayment notifications and demand notes. You are required to register with "MyGovHK" and “SFAA E-link” electronic demand note service to receive monthly repayment notifications and demand notes. In case you have other loan accounts under different schemes administered by the Agency, this arrangement will be applicable to all of these loan accounts. Request for receiving repayment notifications and demand notes by other means will not be accepted.

Difficulties in Loan Repayment and Default

  1. Deferment of Repayment

    • If you have difficulties in repaying the ENLS loan(s) due to further studies on full-time courses, financial hardship or serious illness, you may apply for deferment of loan repayment. Application for deferment of loan repayment will be considered on its merits and should be submitted in writing to the Agency before the due date(s) of the instalment(s) under application. Relevant application forms are available at the Agency or your institution. You may also download the application form concerned from the Agency’s Homepage at http://www.sfaa.gov.hk/eng/public/index.htm#nls2. Application for deferment of loan repayment is only applicable to the total amount due for settlement, which may comprise administrative fee(s), if any, interest(s) and outstanding principal(s). Application for deferment of only a part of the amount to be settled will not be acceded to.

    • Save for the circumstance specified below, interest will accrue over the period of deferment. The deferred loan may be repaid on a revised schedule with fewer number of quarterly instalments and at a larger amount or on any other terms as decided by the C, SFAA. Interest accrued during the deferment period will be capitalized and form part of the outstanding principal for the calculation of the quarterly amount to be repaid in the remaining instalments. In addition, for deferment of more than 12 calendar months, the interest accrued during the deferment period will be capitalized once every 12 calendar months. Loan recipients who have been granted approval for deferment of the ENLS loan repayment are still required to continue settling an administrative fee annually during the period of deferment.

    • To alleviate the financial burden of loan borrowers with proven repayment difficulties, loan borrowers whose application for deferment has been approved may be eligible for interest-free deferment and extension of the entire loan repayment period, subject to a maximum of two years (i.e. the entire repayment period will be up to 17 years). If loan borrowers have benefited from the one-off relief measure on deferment of loan repayment introduced in August 2009 and exhausted the 2-year interest-free extended repayment period, their loan account will not be eligible under this arrangement. If a loan borrower has more than one loan account, only the loan account(s) which has/have fully benefited from the one-off relief measure will not be eligible.

  2. Consequences of Default

    • Loan borrowers who have failed to repay two or more consecutive quarterly instalments / six or more consecutive monthly instalments without the Agency’s approval for deferment of loan repayment are considered as defaulters.

    • Failure to repay loan instalments by the due dates will result in extra payment of surcharge (for loans under TSFS and FASP)/overdue interest (for non-means-tested loans).

    • The Agency reserves the right to withhold the disbursement of new student financial assistance/loans to defaulters.

    • The Agency will issue reminders to the defaulter and his/her indemnifier(s) requesting them to settle the overdue loan instalments by a specified date.

    • If no payment or response is received from the defaulter and his/her indemnifier(s), the Agency may initiate legal proceedings against them for the recovery of the full amount of the outstanding loan together with interest, surcharge/administrative fee and any recovery costs (including legal costs and related expenses incurred in the course of legal recovery actions) in one lump sum without further notice.

  3. General Criteria for Writing Off the Debts

    • The Government endeavors to make every effort to recover the outstanding loans from the defaulters and their indemnifiers and will only consider writing off the loan under the following circumstances –

      1. on compassionate ground if the debtor (i.e. the student) has passed away or is permanently unfit for work on account of severe disabilityNote and his/her indemnifier(s) (where appropriate) is unable to repay the debt for the debtor;

      2. where all efforts to contact a debtor and his/her indemnifier(s) (where appropriate) have failed, and the loan proves irrecoverable; or

      3. where write-off action is advised by the Department of Justice.

      Note: Debtor should provide sufficient information to prove that he/she meets the definition of “100% disability” of the Social Welfare Department.