Financial Assistance Scheme for Post-secondary Students (FASP)
Summary of Statistics

Academic Year 2006/2007 2007/2008 2008/2009 (as at 30.11.2008) No. of eligible students - Sub-degree / degree students - Top-up degree students@ Total 40 891 N/A 40 891 49 885 N/A 49 885 51 086 2 938 54 024 No. of applications - received - with results issued 17 826 17 826 20 064 20 064 21 499 8 673 No. of applicants - with assistance offered - with assistance paid - with grant offered - with grant paid - with loan offered* - with loan paid* 14 017 13 771 14 017 13 771 N/A N/A 15 923 15 751 15 923 15 751 N/A N/A 7 609 5 652 7 581 5 554 7 606 1 333 Average amount paid^ - assistance - grant - loan* $31,481 $31,481 N/A $32,079 $32,079 N/A $30 217 $26 291 $18 579 Total amount of - grant offered - grant paid^ - loan offered* - loan paid^ $437.17m $433.52m N/A N/A $508.03m $505.27m N/A N/A $274.56m $146.02m $209.48m $24.77m

@	Starting from 2008/09, the FASP was extended to cover sub-degree graduates pursuing full-time locally-accredited self-financing degree or top-up degree programmes.
*	Starting from 2008/09, means-tested loans was provided under the FASP to cover the students’ living expenses.
^	Approved grant or loan will be paid in one or more instalment(s). The amount of assistance paid in 2008/09 shown in the table above does not reflect the full amount of assistance paid in the year until the 2008/09 application cycles end.