HKPFS Overview › Stipend & Benefits

Stipend & Benefits

What HKPFS actually pays, what it covers, and what students consistently misunderstand about the money.

What HKPFS Provides

HK$340,800
Annual stipend
(HK$28,400/month)
HK$14,200
Annual travel & conference allowance
100%
Tuition waiver for full normative period

These three components are provided by RGC for up to three years. Duration matters: the RGC funding runs for the normative 3-year PhD period. What happens in Year 4 depends on your university.

Tuition Waiver — The Part Many Students Miss

The HKPFS is not just a monthly stipend. It includes a full tuition waiver for the entire normative study period. For non-local students this is especially significant — non-local tuition at HK universities is considerably higher than local tuition rates.

Local HK students: If you're a Hong Kong local and your tuition is already waived by the HKSAR Government's tuition waiver scheme, you won't receive a duplicate HKPFS tuition waiver — you'd already be covered. The stipend and travel allowance still apply.

How HKPFS Compares to the Regular Studentship

PhD students who are not HKPFS awardees typically receive the standard postgraduate studentship. Here's the difference:

ComponentHKPFS AwardStandard Studentship
Monthly stipendHK$28,400HK$19,135
Annual stipendHK$340,800HK$229,620
Travel allowanceHK$14,200/yearNone
Tuition waiverFull waiverVaries by program
Duration (RGC)Up to 3 yearsPer university policy

HKPFS pays approximately 48% more per year than the standard studentship. Over a 3-year PhD, the gap adds up to roughly HK$333,540 in stipend alone — before accounting for tuition and the travel allowance.

University Top-Up Awards

Several universities add their own awards on top of what RGC provides. These vary significantly:

HKU (University of Hong Kong)

HKU Presidential PhD Scholarship provides an additional HK$40,000 cash award in Year 1 and HK$20,000 per year in Years 2 and 3. HKU also covers on-campus hostel fees in Year 1 for HKPFS awardees.

CUHK (Chinese University of Hong Kong)

CUHK continues the HKPFS-level stipend and travel allowance into Year 4 for 4-year PhD programs, covering the gap left when RGC funding ends at 3 years.

Other universities

Top-up arrangements at CityU, HKUST, PolyU, HKBU, Lingnan, and EdUHK vary. Contact the graduate school at your target university directly to confirm what supplementary support they provide.

Year 4 Funding — The Question Everyone Has

RGC funding covers the normative 3-year PhD period. Most HK PhD programs are actually 3–4 years in practice. The gap between when RGC funding ends and when students finish is real.

Universities bridge this gap differently. Some match the HKPFS stipend in Year 4. Others provide continuation support at a lower rate. Some require students to apply for university scholarships separately. Ask your target university specifically what Year 4 looks like for HKPFS students before you commit.

Don't assume Year 4 is automatically funded at HKPFS rates. Some universities do match it. Others don't. And for very competitive programs, funding in Year 4 might be tied to academic performance milestones. Get this in writing when you accept your offer.

Cost of Living Reality

Hong Kong is an expensive city. Here's what PhD students actually spend, based on student accounts:

ExpenseOn-campus housingOff-campus housing
AccommodationHK$2,000–2,500/monthHK$7,000–15,000/month
Food (canteen meals)HK$30–45/meal; ~HK$2,500–4,000/month
Transport (Octopus card)HK$500–1,000/month
Phone & internetHK$200–400/month
Estimated monthly total~HK$6,000–8,000~HK$12,000–22,000

With on-campus housing (highly subsidized at all eight universities), most HKPFS students have significant money left from their HK$28,400 monthly stipend. With off-campus housing, the margins get tighter — especially in Kowloon or on Hong Kong Island.

On-campus housing tip: Apply for on-campus accommodation as early as possible after receiving your admission offer. It's significantly subsidized and the financial math of your PhD changes completely depending on whether you secure it. Demand far exceeds supply at most universities.

Part-Time Work

As of late 2023, Hong Kong expanded part-time work rights for full-time non-local postgraduate students. Foreign PhD students receive a "No Objection Letter" with their visa that allows part-time work without the previous 20-hours-per-week on-campus restriction. Teaching assistant roles, research assistant positions, and external part-time work are all possible — subject to your supervisor and university's policies.

Tax on the Fellowship

Hong Kong generally does not tax scholarship and fellowship income. However, the tax treatment depends on the specific nature of payments and individual circumstances. Verify with your university's student finance office when you arrive — don't rely on assumptions.