TSFS Loan Repayment in Cash

To repay TSFS Loan in cash, please pay together with the whole demand note(s) in person at any of the Post Offices. The upper portion of the demand note will be receipted and returned to the payee.

TSFS Loan Repayment in a Lump Sum

To apply for repayment of loan borrowed under the TSFS in a lump sum, you may either:

Come in-person or appoint your representative with your signed authorization letter to the Agency. Time for such application is:
Mondays to Fridays :
8:45 a.m. to 1:00 p.m.
: 2:00 p.m. to 5:45 p.m.
   
The interest for outstanding loan will be calculated up to the day before your intended settlement date and a demand note for the lump sum repayment will be issued immediately. Please note that the amount payable must be settled on or before the due date set out in the demand note.
or
Send in your lump sum request in writing, by post or by fax.

Please complete the standard application form and provide us with your personal information, such as HKID No., contact telephone number, and the Loan Reference No. under which you apply for lump sum repayment. A demand note for lump sum repayment will be sent to you by post. To allow time for application processing and postal delivery, the due date will normally be set at 14 calendar days after the date of your application, and the interests will be calculated up to the day before the payment due date.

For application by fax, the date and time of fax received by the Agency will be treated as the date and time of application. For application by post, the postmark date on the envelope will be regarded as the date of application.

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

Please click here PDF (67KB) to obtain a copy of "Application form for Lump Sum Repayment of Loan under TSFS".

TSFS Loan Repayment by Cheque, Cashier Order and Bank Draft

Cheque, Cashier Order and Bank Draft should be in Hong Kong Dollars, made payable to the Government of the Hong Kong Special Administrative Region and crossed. Post-dated cheque will not be accepted. You can pay by either:

* Bringing the above cheque/cashier order/bank draft together with the whole demand note(s) and pay at the Post Offices ; or
* Attaching the lower portion of the demand note(s) by post to the Director of Accounting Services, P.O. Box 28000 , Gloucester Road Post Office, Hong Kong. Please write your loan reference number on the back of the cheque,  cashier order or bank draft. No receipt will be issued for payment by post.

TSFS Loan Repayment by Automated Teller Machines
(24-hours payment service)

Repayment can be made through the Automated Teller Machines (ATMs) affixed with the signage of "Bill payment Service" of the Hongkong and Shanghai Banking Corporation Limited and the Hang Seng Bank Limited or with the signage of "Jet Payment" of other Banks. Please enter the 12-digit PPS/ATM reference number shown on the top right corner of the demand note for making repayment. For repayment made by ATMs, no receipt will be issued by the Director of Accounting Services. Please keep the ATM payment slip for your  own record.

TSFS Loan Repayment by Autopay

To apply for repayment of TSFS Loan by autopay, you can obtain a Direct Debit Authorization (DDA) Form from our Agency in person or ring us at 2150 6226. A DDA form will be sent to you by mail as soon as possible upon request.

Separate DDA form is required for each loan account . Completed DDA form should be returned to the bank where your account was opened. While your application is being processed, please have your demand note settled by other payment methods until the payment code "06" appears on your demand note. Normally, you have to allow a period of 10-12 weeks before the authorization can take effect.

TSFS Loan Repayment by Payment-by-Phone Services (PPS)

To repay TSFS Loan by PPS, you have to first register either through a PPS Registration Terminal or by tone phone (if you are already a PPS user). Please enter the 12-digit PPS reference number at the top of the demand note for making repayment. Each demand note has to be registered and settled by phone individually. The Merchant Code for Student Financial Assistance Agency is "44". For repayment made by phone, no receipt will be issued by the Director of Accounting Services.

TSFS Loan Repayment by e-Banking Services

Repayment can be made through the e-Banking bill payment services in the internet. For details, please refer to the following websites:

* www.jetco-online.com
* www.hsbc.com.hk
* www.hangseng.com/e-banking
* www.ppshk.com