finance
DESCRIPTION
HKUST FEETRANSCRIPT
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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