City University should lobby tycoons rather than former students for cash, a recent graduate said in response to the new president's plan to contact alumni to raise funds. Kuo Way, who took the helm at the university a fortnight ago, said this week said he aimed to raise the percentage of alumni giving donations from roughly 4 per cent to 25 per cent in a decade. Professor Kuo said his plan involved maintaining a database of new and recent graduates so as to update them about the university's latest plans and ask for donations. But some said they would not be coughing up regardless of how many times they were contacted. 'No matter how frequently they call me, it'll be futile because I have no extra money for donations,' said Lam Siu-leong, 29, who graduated with a computer science degree in 2003. 'Not all graduates are interested or financially sound enough to give donations. The money I have been earning after graduation is just enough to cover my living expenses.' Mr Lam is a project co-ordinator at the local branch of a US company. Lisa Lam Wai, 28, a 2002 business faculty graduate, said frequent calls would be a nuisance. She said did not intend to donate and the university would be better off concentrating on lobbying tycoons. However, Patrick Lee Chung-wah, 39, chairman of the Convocation of City University of Hong Kong, an alumni group, said Professor Kuo's drive would lay the foundation for future donations, even though it was unlikely to get an immediate return. 'I think Professor Kuo's plan is good,' said the police chief inspector who graduated from the information technology department in 1991. 'Our alumni network needs to be further built up so the university can keep in contact with graduates in the years to come.'