Tuition and living fees in Hong Kong can be fairly high. However, there are a number of funding opportunities to apply for that can help you cover some of the costs of your Masters degree.
Application fees for Masters in Hong Kong
A Masters application fee in Hong Kong normally ranges between HKD $180-500 (USD $23-64).
This fee is payable after completing your online application through the university website.
Tuition fees for Masters in Hong Kong
International Masters students in Hong Kong can often be expected to pay a significantly higher rate of tuition fees to local students.
Annual tuition fees for international students range depending on university and programme, but can cost between HKD $90,000-265,000 (USD $11,500-34,000).
Other fees
It is common in Hong Kong for universities to charge students a caution fee of about HKD $400 (USD $51) when registering.
Charges will be made against this deposit if there are any unpaid claims against you at the end of your study, such as outstanding library charges. If you have no outstanding charges against your student account, the caution fee will be fully refunded.
It is also normal for a graduation fee of around HKD $400 (USD $51) to be charged before your degree is awarded to you. However, should your caution fee be refunded to you, the graduation fee can be covered by the transfer of your refund.
Scholarships for Masters in Hong Kong
Although the cost of tuition in Hong Kong is high, fortunately there are many scholarships available for international students.
Application processes are similar to the UK and you should check individual university websites for available scholarships.
Government scholarships in Hong Kong
The HKSAR Government Scholarship Fund has established a HKD $1 billion fund to distribute to outstanding local and international students. The scholarship for internationals is HKD $80,000 (USD $10,192) per year, for full time programmes at any of the eight UGC institutions.
For more information visit the HKSAR Education website.
Student living costs in Hong Kong
The cost of living in Hong Kong is generally much higher than in other parts of Asia, but international students can still enjoy a good standard of living without footing too high a bill.
Whilst studying in Hong Kong, you can choose either to live in university or private accommodation.
University accommodation in Hong Kong is normally cheaper, more modern and more convenient than private housing. You can expect to pay HKD $5,000-15,000 (USD $637-1,911) per semester on-campus, whereas private housing may cost you a similar amount per month.
As can be expected with a city that is an economic trade hub, living costs can be similar to London or New York. However, the city has a cheap public transport system and clothes stores that sell items at a lower price.
As a rough guide, you should budget around HKD$50,000 (USD6,370) per year for living expenses.