A New Era Begins 1975-78
It is significant that the percentage of graduates entering school teaching or "education" as a profession has shown a marked decrease from 38.5 per cent in 1971 to 30.7 per cent in 1977 , and that there is an increase in the numbers entering government service, commerce and industry. The decrease in the number o f students pursuing higher studies reflects the increased restrictions, financial or otherwise, imposed upon foreign students in U.S.A. and U.K. University Student Aid Student aid and scholarship funds are administered both by the Colleges and by the University Secretariat. The Student Affairs Section administers scholarships from private sources under the Senate Committee on University Scholarships and takes part in the Government grant and loan programme through the Joint University's Committee on Student Finance. The total amount of grants and loans earmarked for needy university students in 1977-78 has reached $6.831 million (compared wi th $4.250 million in 1974-75) and $23.414 million (compared wi th $13.494 million in 1974-75) respectively. On the average, 48.7 per cent o f the student body received a grant of HK$ 1,738 and 70.1 per cent an interest-free loan o f HK$3,984. The large amount of financial aid extended by the Hong Kong Government to needy students o f The Chinese University is outstanding among universities o f Southeast Asia. 31
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