The Non-means Tested Loan Scheme (NLS) provides financial assistance in the form of loan to eligible students. For details regarding eligibility and application procedures, please visit NLS’s website at http://www.sfaa.gov.hk/eng/schemes/nlss.htm

The NLS operates on a full cost-recovery basis. Interest is charged at the HKSAR Government’s no-gain-no-loss rate which is currently set at 2.451% below the average best lending rate of the note-issuing banks, plus a risk-adjusted factor which seeks to cover the Government’s risk in disbursing unsecured loan once the loan is drawn down and throughout the repayment period until the NLS loan is fully repaid.