Ready for the new academic year? It’s an every year issue for tertiary students to pay tuition fee. Students often find it difficult to decide whether they should get the money from their family or apply for Grant Loan.

Yet, there are also different types of Grant Loan: Mean or Non-mean. So, what is the difference? Apart from paying tuition fee by credit card, there are also other ways to tackle these problems. In order to solve the difficulties of students, we are here to provide few major FAQs and useful links.

What is the difference of Grant Loan and Non-mean?

The mainly difference between Financial Assistance Scheme(Grant Loan) and Non-means-tested Loan Scheme from Student Financial Assistance Agency is the asset review is required for the Grant Loan.

Financial Assistance Scheme(Grant Loan) is composed by two parts,which are Grant & Low Interest Loans. Grant is also divided into two kinds, one is called Tertiary Student Finance Scheme(TSFS),and the other is called Financial Assistance Scheme for Post-secondary Students(FASP).

Tertiary Student Finance Scheme(TSFS):
Financial Assistance Scheme for Post-secondary Students(FASP):

As for Non-Mean, it is divided into three kinds, which are Non-means-tested Loan Scheme for Post-secondary Students(NLSPS), Non-means-tested Loan Scheme for Full-time Tertiary Students(NLSFT) and Extended Non-Means-Tested Loan Scheme(ENLS)。

Non-means-tested Loan Scheme for Post-secondary Students (NLSPS):
Non-means-tested Loan Scheme for Full-time Tertiary Students (NLSFT):
Extended Non-Means-Tested Loan Scheme (ENLS):

If you are interested to apply Grant Loan & Non-Mean, you can make good use of the e-platform of the Student Finance Office (SFO) ( So as to submit the application form; check the progress of the application, the repayment schedule and the repayment record.

You are welcome to read our article relating to the application form, if you have any question and difficult.

Is there other way to settle the tuition fee?

Paying tuition fee by Credit Card is the most common way amongst others. It is fast, convenient and easy to earn points in the meantime. However, some Student Credit Card may not have enough credits limit, due to various reason. In fact, you can also settle the tuition fee by using ATM, Internet Banking and PPS.

Aside from applying Student Financial Assistance from government, There are plenty of ways to apply Student Loan. uFinance offers the option for student to choose a maximum of 24 instalment of Student Loan, to reduce their daily expense burden and solve their tuition fee problem. For more information, please talk to own customer service on WhatsApp(+852 66339446) or visit our Student Loan Page.