HKUST’s Response to the Tuition Fee Adjustment for UGC-funded Programs

The Hong Kong University of Science and Technology (HKUST) acknowledges the decision made by the Education Bureau of the Hong Kong Special Administrative Region (HKSAR) Government and the University Grants Committee (UGC) regarding the phased adjustment of tuition fees for UGC-funded programs.

As one of the eight UGC-funded universities, HKUST understands that an increase in tuition is necessary given the fees have remained unchanged for over 20 years, leading to a significant decline in the cost recovery rate for subsidized degree programs. We believe that the government has taken into account the state of Hong Kong’s economic development, the affordability of different families, and the government’s commitment to the development of higher education when considering the extent of tuition fee adjustments. This is to ensure the continued provision of quality higher education in Hong Kong. HKUST will make necessary adjustments in accordance with the government’s latest tuition fee policy.

At HKUST, we offer various financial aid schemes for students who require financial assistance. Furthermore, the University provides a wide range of scholarships to recognize outstanding academic achievements, as well as exceptional accomplishments in non-academic areas such as sports, arts, or innovation and entrepreneurship. There is no limit to the number of available awards.

About The Hong Kong University of Science and Technology

The Hong Kong University of Science and Technology (HKUST) (https://hkust.edu.hk/) is a world-class university that excels in driving innovative education, research excellence, and impactful knowledge transfer. With a holistic and interdisciplinary pedagogy approach, HKUST was ranked 3rd in the Times Higher Education’s Young University Rankings 2024, while 12 of its subjects were ranked among the world’s top 50 in the QS World University Rankings by Subject 2024, with “Data Science and Artificial Intelligence” being ranked first in Hong Kong and 10th in the world. Our graduates are highly competitive, consistently ranking among the world’s top 30 most sought-after employees. In terms of research and entrepreneurship, over 80% of our work was rated “Internationally excellent” or “world leading” in the latest Research Assessment Exercise 2020 of Hong Kong’s University Grants Committee. As of June 2024, HKUST members have founded 1,747 active start-ups, including 10 Unicorns and 14 exits (IPO or M&A).

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