Funds help trainee teachers
The Hong Kong Institute of Education (HKIEd) has revealed the distribution breakdown of total donations and matching funds worth $100 million in the matching grant scheme.
Associate vice-president Professor Lorna Chan Kim-sang said $50 million would be used for academic activities such as teaching and research. Another $25 million would be for scholarships and bursaries and the balance would be used for student activities such as language immersion, exchange and study tours outside Hong Kong.
The number of students awarded scholarships or bursaries in the coming academic year would increase from 150 to 800 and the sums allocated to students jump from $2.6 million to about $8 million per year.
HKIEd president Professor Paul Morris said the institute had raised $13 million since the third round of the matching grant scheme was launched at the beginning of last month.