Students at three universities oppose new grant and loan schemes, according to a survey. The Hong Kong Federation of Students has released the results of polls conducted at the Chinese University of Hong Kong, Hong Kong Polytechnic University and City University. Of 827 students questioned, 11.3 per cent supported a new government scheme, under which students borrow money to cover tuition fees and repay it with up to 8.5 per cent interest. About 30 per cent of students were happy with the original plan, which involved paying back loans at 2.5 per cent interest, over a five-year period after graduation. It showed 57 per cent supported a system proposed by the federation, which included loans to cover living expenses but grants to pay tuition fees. The loans would be paid back over 15 years and would not be means-tested. Wong Tsz-hang, a member of the federation's executive committee who was in charge of the survey, accused the Government of failing to properly explain the new schemes to students. 'The Government only sent the details to the universities and the federation, but they were not distributed to each student so some of them are ignorant of the schemes,' she said. The federation distributed thousands of leaflets to students at seven tertiary institutions and the Hong Kong Institute of Education. 'We want to sort out effective opinions and reflect them to the Government,' Ms Wong said. Officials from the Student Financial Assistance Agency will meet student representatives from the seven institutions and the federation next month. 'No one from the Joint Committee of Student Finance, which has influence over the Government's decisions, will attend the forum,' she said. Klaus Lam Kin-shing, of Ernst & Young Consultants, which was authorised by the Government to research and promote the scheme, said: 'We presented the scheme at the Legislative Council and a students' forum at the Hong Kong Polytechnic University during a year-long consultation period.' He said no one from Ernst & Young would attend the forum. Ms Wong said the new loan and grant scheme pushed more financial responsibility on to students. She said the proposed interest rate charged on the loan of up to 8.5 per cent was too high. 'Such high interest should only be charged to those applicants unable to provide income proofs for assessment,' she said. Mr Lam said the Government had no desire to cut financial help to students. He said the new scheme's assessment of students' families' wealth made sure money was targeted at more needy cases.