University fees in Hong Kong expected to rise annually by at least 5% for 3 years

According to the University Grants Committee, which allocates funding to the universities, the cost recovery rate slipped from 18 per cent in the 2012-13 financial year to 13.3 per cent in 2022-23.

In a previous interview with the Post, education minister Christine Choi Yuk-lin had pledged that planned increases in university tuition fees would be carried out gradually, taking into account the financial burden placed on students.

She said authorities would adopt a “very pragmatic” approach when gradually introducing the rise in bachelor’s degree fees at the eight universities.

“We will not aggressively increase the fees in one go,” she said. “We will consider Hong Kong’s economic situation and the affordability for families and the young. It should be done gradually for them to afford it.”