Twelve students have won awards to pursue overseas postgraduate or undergraduate studies under the Sir Edward Youde Memorial Fund. Established in 1987, the fund was set up through public donations to commemorate the late Hong Kong governor. Its purpose is to provide for and encourage education, learning or research by the people of Hong Kong. The Sir Edward Youde Memorial Fellowships and Scholarships for Overseas Studies and Sir Edward Youde Memorial Fellowship and Scholarship for Disabled Students are two of the seven award schemes administered by the fund's council. The schemes aim to encourage scholastic excellence by Hong Kong students studying overseas. Since 1988, a total of 47 fellows and 58 scholars, including four disabled students, have gone abroad to pursue their studies. Many have since returned to contribute towards the betterment of Hong Kong. Together with recipients of awards for local fellowships and scholarships, these graduates have formed the Sir Edward Youde Scholars Association.