Hang Seng University of Hong Kong makes minimal fee increase pledge
- Institution’s president says they do not want to strip less well off students of their chance at a place
- The school was recently upgraded from a college to a private university
Hang Seng University of Hong Kong will not raise its tuition fees significantly in the near future after it was promoted from a college to a university, its senior management said on Wednesday.
“We will continue to put our students first. We understand that some of them come from less well off families and we do not want to strip them of their chances,” the university’s president Professor Simon Ho Shun-man said.
However, Ho admitted fees would see some adjustments in line with the inflation rate.
“We try to break even year-on-year and can guarantee we will not transfer the costs and expenses of the school onto our students but, of course, since we are not funded by the government we will charge just slightly more than other public universities,” Ho said, adding it currently charged about HK$80,000 (US$10,200) a year and future prospective students would pay a similar amount.
Including Hang Seng, the city now has 11 degree-awarding post-secondary institutions classified as universities, which also provide business and financial programmes.
The school’s council chairman Dr Moses Cheng Mo-chi insisted it still held an advantage against the others because of its connection with the city’s business community.