Tertiary Student Finance Scheme ¡X Publicly-funded Programmes (TSFS)

Calculator for Estimating the Amount of Assistance for

Academic Year


This programme enables you to obtain a rough estimate of the amount of financial assistance you might obtain from the TSFS. Starting 2006/07, the applicants would also be informed of the financial assistance entitled under the TSFS and the Non-means Tested Loan Scheme (NLS), if any, simultaneously in the TSFS notification of result. Therefore, this calculator also includes a part which could provide a rough estimate of the NLS offer for TSFS applicants.

The amount of grant/loan produced by this programme is for your reference only. It is calculated from the income figures, asset values and number of family members you enter below. In your formal application, the information provided by you will be vetted and is subject to amendment if the information is found to be incorrect. In addition, if documentary proofs provided are not substantiated (e.g. self-written statement of income or unexplained prolonged unemployment), the Agency may need to make adjustments and apply benchmark figures on the basis of statistical information provided by the relevant government departments, such as the Census and Statistics Department, the Rating and Valuation Department, and the Transport Department etc. to assess the income of and/or net value of the assets held by the family member concerned. The Agency may apply projected figures of family income in the assessment if necessary. Your actual entitlement may therefore vary from the figures produced by this programme. We accept no liability for any loss or misrepresentation incurred by its use.

Please refer to the for detailed explanation of the factors affecting the assessment of your financial assistance.
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Programme/Course of Study
Institution
Discipline of studies
(please refer to the course coding sheet at http://www.sfaa.gov.hk/eng/schemes/tsfsccs.htm)
Level of study
Full year or half year study Full year         Half year
Tuition fee (full year)
By selection                             By direct input  
Academic expenses (full year)
$ 0
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Family Member(s)  
Marital Status
No. of parent(s) residing with applicant's family
No. of unmarried siblings residing with applicant's family
No. of dependent unmarried siblings who studied abroad between 1.4. and 31.3. (only count those studying up to first degree level)
No. of dependent grandparent(s)
No. of dependent children / spouse (for married/divorced/widowed applicant, count those residing with applicant)
Total Number of Family Member(s) (including the applicant)
0
Applicant's family is a single parent family No         Yes
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Income Test [Adjusted Family Income]
Enter annual income of family members (rounded down to nearest HK$1) if appropriate for
1.4. - 31.3.
          HK$
exclude cents
Total annual income of parent(s) / spouse for married applicant (including contribution to the family from other sources)
Total annual income for unmarried siblings residing with applicant's family
   
Enter annual income of applicant (rounded down to nearest HK$1) if appropriate for studentship / training / placement / internship in the academic year, including summer months of year
Total annual income of applicant
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Enter deductible medical expenses of family member(s) (rounded down to nearest HK$1) if appropriate for 1.4. - 31.3.
          HK$
exclude cents
Medical Expenses for chronic diseases that are supported by medical receipts / certificates. (Subject to a ceiling of $ per family member)
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Adjusted Family Income (AFI)
(Income of parents/applicant + 30% income of unmarried siblings residing with the family - deductible medical expenses) ÷ (number of family member +1*)
*For single-parent families of 2 to 3 members, the "plus 1 factor" in the divisor of the AFI formula will be increased to 2
0
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Asset Test
Enter net asset value (rounded down to nearest HK$1) if appropriate as at 31.3.
          HK$
exclude cents
Total assets# of parent(s) / spouse for married applicant
Total asset# of applicant
#Assets (include land, properties, carpark, vehicle, vessels, taxi / public light bus licence, business undertaking, investment (stock/shares/warrants/funds), bank deposits (saving/current/time deposits), savings/investment-linked insurance policies, loan to others, cash in hand, gold and platinum.)
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Per Capita Asset Value = (Total net asset value of the family ÷ total number of family members)
0
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Non-means Tested Loan Scheme (NLS)


Estimation of NLS Loan for

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Estimated NLS Loan :
0
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Remarks:
(a)
The amount of NLS loan provided above is for your reference only. It is calculated based on the information you entered in the calculation sheet for TSFS. This Agency will not accept or share any responsibility for any loss or damage incurred by its use.

(b)
Please refer to the for details regarding the maximum level of NLS loan.


Result - Estimated Amount of Assistance for Academic Year

Part I. Tertiary Student Finance Scheme ¡V Publicly-funded Programmes (TSFS)

Estimated Grant :
0
Estimated Loan :
0

The applicants would also be informed of the financial assistance entitled under the TSFS and the Non-means Tested Loan Scheme (NLS), if any, simultaneously in the TSFS notification of result. The programme below provides a rough estimate of these NLS offers.

Part II. Non-Means Tested Loan Scheme
Estimated NLS Loan :

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Remarks:
(a)
The amounts of financial assistance estimated by this calculation are based on the and .

(b)
The amount of grant/loan produced by this programme is for your reference only. It is calculated from the income figures, asset values and number of family members you enter below. In your formal application, the information provided by you will be vetted and is subject to amendment if the information is found to be incorrect. In addition, if documentary proofs provided are not substantiated (e.g. self-written statement of income or unexplained prolonged unemployment), the Agency may need to make adjustments and apply benchmark figures on the basis of statistical information provided by the relevant government departments, such as the Census and Statistics Department, the Rating and Valuation Department, and the Transport Department etc. to assess the income of and/or net value of the assets held by the family member concerned. The Agency may apply projected figures of family income in the assessment if necessary. Your actual entitlement may therefore vary from the figures produced by this programme. We accept no liability for any loss or misrepresentation incurred by its use.

(c)
Please refer to for detailed explanation of the factors affecting the assessment of your financial assistance.