finance

The following ESTIMATES are based on charges for the year of 2012/13 only. Fees and charges are expected to increase on an annual basis.

Items Undergraduate Students

PostgraduateStudents

AcademicTuitionfees(for2013-14cohort)

$135,000p.a.**This is for UGC-fundedprogrammesonly.For self-financingcourses, the feesvary from programme toprogramme.

For students of taughtcourses, you need tocheck the tuition feeswithFacultyofficeasfeesvary from programme toprogramme.

Forresearchstudents:$42,100p.a.

OtherUniversityexpenses

$350Cautionmoney+$240StudentUnionfees

$350cautionmoney

Academicexpenses(e.g.booksandsuppliesexcludingPC&accessories)Somecoursesalsohavesignificantexpensesrelatingtooverseasfieldtripsandspecialequipments.

around$7,000-$30,000p.a.

around$10,000-$40,000p.a.

Housing LodgingfeesoftheUniversity’sresidentialhalls&colleges

$11,000-$20,000(271residentialdays)

$12,500-$55,000p.a.

Hallmiscellaneouscharges

$1,600-$3,000p.a.These include hall association entrance & subscriptionfees,hightabledinnerfees,keydepositsetc,excludingair-conditioning charge which varies with individuallifestyle & seasons (approximately $200 per month insummer).

Majorexpenditure(inHKdollars)

FinancesFees and Expenses 2013-2014 (For Reference Only)

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Planning Your Stay

MealCharges(on-campuscateringoutlets)

Items Price range (HK$)SetBreakfast 13–25SetTea 13–25Sandwiches 8–30SetLunch 11–30SetDinner 18–35Bakery 5–20Salads 12–25HotDrinks/Coffee 6–25ColdDrinks/Coffee 7–27Snacks 5–20

Thefollowingtablesgiveyousomereferencefiguresoncommonmealandtransportationitems:

HKUstudent’sfrequentroutes Fare(HK$) MeansofpublictransportSassoonRoadtoMainCampus 2 ByUniversityshuttlebus 5to10 Bybusormini-busMainCampustoCentral 5to8 BybusMainCampustoCausewayBay 6to10 BybusorminibusMainCampustoMongkok 11to15 Bybus,minibusandMTR

TransportationCost

Compulsoryhallmealcharges(forcertainhallsonly)

$5,900-$8,200p.a.(notallmealsarecovered)

University-administerednon-hallhousing

$11,000p.a. $20,000to$42,000p.a.

Privatelyrentedaccommodation

Single room from $30 per sq.ft. up, excludingutilities.

Other ExpensesPersonalexpenses(dependingonyourlifestylesandassumingeatingoncampus)

Around$4,200permonthup

You also need to budget for your entertainment, overseas travel, insurance and medical expenses, etc.

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Financial Aid

Likemostcountries,theHKSARgovernmentortheUniversitydoes not provide financial aid to non-local students. It istherefore important for you to plan your budget well andensure that you will have adequate financial resources tocoverallyourexpensesduringyourstayinHongKong.

Scholarship Postgraduatestudentships/scholarshipsareavailable for those reading foraM.Phil.orPh.D.degree.Further information isobtainable fromtheGraduateSchool.

International student entrance scholarships are available for undergraduatestudents. You can find out more information at <http://www.hku.hk/international>.

Part-time and Summer Job

Under the existing immigration regulations, full-time full-degree non-localstudentsareallowedtoworkatthedesignatedoperatorsontheHKUcampusfor up to 20 hours per week during term time. They can also work full-timeduringthesummerperiod.Fordetails,pleasevisittheCEDARSwebsiteat<http://cedars.hku.hk/nonlocal/visa.html>.

Whilesomestudentscanearnextramoneyfrompart-timeandvacationwork,availabilityofsuitable jobs isnotguaranteed. It isnotadvisabletoplanyourbudgetexpectingtofindworkforthemaximumallowablehours.

Banking Arrangements: Making early provision

Ifyoudonothaveabankaccount inHongKong, you will need to transfer money foruseonarrival.Thiscanbedone,either

• by instructing an overseas bank one ortwoweekspriortoyourdeparture.Arrangeto sendmoney in your name to a bank inHong Kong (both HSBC and the Bankof East Asia have branches on the HKUcampus);or

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Planning Your Stay

• by carrying traveller’s chequesor abankdraft for deposit intoa localaccount (personal chequescanalsobedepositedbutmay takeup tothreeweekstobecleared).

Themajorityofbanksareopenfrom9:00a.m.to4:30p.m.,MondaystoFridays.Mostestablishments inHongKongacceptmajorcredit cardssuch as VISA, MasterCard andAmerican Express but the Universityandmostcampusoutletsacceptcashorchequeonly.

Bringing money

There are usually significant extra expenses in the first month of yourstay, such as rental charges, household items and textbooks.On top ofthe tuition fees, the firstmonth’sexpensescanamount toHK$10,000ormoreforastudent.Itisimportanttohavearealisticideaoftheamountofmoneyyouwillneedandplanaccordingly.

Youareadvisedtobringenoughcash,traveller’scheques,orbankdraftstocoverexpensesofatleastyourfirstmonth.Donot,however,carrytoomuchcashatanytime.

Youwill be able to locate banks and currency exchange services at theairportaswellasoncampus.

YoucanobtainabankdraftortransfermoneytoabankaccountinHongKongthroughyourlocalbank.Keepinmindthatitmaytakesometimetocashalargebankdraft.

Moneytransfersshouldbearrangedwellbeforeyourdeparture.

Therearetwobankslocatedoncampus:HSBC (Tel:852-22333000)TheBankofEastAsia (Tel:852-36091812)BankofChina (AutomatedTellerMachineonly)

Theofficial currencyofHongKong isHongKongDollar (HK$).Youcanexchange foreign currency or traveller’s cheque with Hong Kong Dollaraccording to thedaily exchange ratesat anybanksormoneyexchangeshopsinHongKong.

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