It is our strong belief that no student should be denied admission to St. Paul's College / St. Paul's College Primary School due to financial difficulties. There is a generous fee remission scheme provided by the College to assist families requiring financial help.
	(A) SCHOOL FEES The annual School fee for St. Paul's College 2012-2013 is $38,000. The annual School fee for St. Paul's College Primary School is $30,000. (B) BASIC CRITERIA FOR FEE REMISSION Four categories of Fee Remission are available: 100%, 75%, 50% and 25% depending on the Reckoner. For those eligible families having more than one child attending the Primary Section/Secondary Section of St. Paul's College, the percentage of fee remission for the additional child (or children) set out above would be increased by 25% (limiting to a maximum of 100%). If the value of the family's net assets (excluding the asset value of self-owned or co-owned property for dwelling) exceeds $400,000, 2% of the excess amount will be added to the applicant's total average monthly adjusted family income. Applicants receiving Comprehensive Social Security Assistance (CSSA) will be granted full school fee remission. Applicants receiving financial assistance provided by the Student Financial Assistant Agency (SFAA) can also apply for the Fee Remission. School fee remission will be provided for applicants in the level of assistance not less than that calculated according to the assessment mechanism used by the Student Financial Assistant Agency. (C) APPLICATION PROCEDURES Parents/guardians who wish to benefit from the Fee Remission Scheme must submit the completed application form (please download the detailed scheme from our College website) together with copies of the required documents, not later than a date to be notified. All information provided in the application form and the supporting documents submitted are subject to strict verification. (D) CLOSING DATE FOR APPLICATION The completed application form and supporting documents must be returned to the Primary School Office on or before a date to be notified. (E) The above rules and policies will be reviewed from time to time. (F) For enquiries, please call 2546-8887 during office hours.
	RECKONER This Reckoner is adopted in assessing the eligibility of students Remission for the 2012/2013school year. Points will be awarded on two aspects - family income and dependants.   The Point System^ (I) Average Monthly Adjusted Family Income AVERAGE MONTHLY ADJUSTED FAMILY INCOME MEANS: Applicant family's total salary, allowances and other income received or receivable during the period from 1st April, 2011 to 31st March, 2012† divided by 12 PLUS 2% of the excess amount if the family's net asset exceeds $400,000 (excluding the net asset value of their dwelling) LESS Monthly rental (for dwelling only), or monthly mortgage repayment (for dwelling only), subject to a maximum of $12,000. ^ This Point System is subject to revision by the College Council. † Annual income of the family includes the annual income of the applicant and the spouse; 30% of the annual income of unmarried children residing with the family if applicable; and the contributions from relatives/friends if applicable. Average Monthly Adjusted Family Income (HK$) Point 0 - 18,000 20 18,001 - 22,000 16 22,001 - 26,000 12 26,001 - 30,000 8 30,001 - 34,000 6 34,001 - 38,000 4 38,001 - 40,000 2 40,001 - 42,000 0 42,001 - 44,000 -1 44,001 - 50,000 -2 50,001 - 56,000 -3 > 56,000 *Not eligible *Applicants whose average monthly adjusted family income exceeds the ceiling (i.e. HK $56,000) are not eligible for any assistance under this scheme.
	(II) Single-parent family   Point Score Single-parent family 2 (III) Dependants Dependant Point Score for Each Dependant Applicant's spouse 1 #Dependent parent 1 Dependent children (including student-applicant):   Attending the Primary Section/Secondary Section of St. Paul's College   3 Attending full-time senior secondary course (S4 - S6) and full time Project Yijin or equivalent   2 Receiving full-time education up to first degree [including pre-primary education, primary to junior secondary education (P1 - S3), VTC, IVE, post-secondary course, etc]   1 Attending evening/part-time/special training courses OR not attending schools Under 18 (D.O.B. on/after 1.9.1994) Over 18 (D.O.B before 1.9.1994) 1 0 #Dependants in receipt of Comprehensive Social Security Assistance (excluding Old Age Allowance and Disability Allowance) are not eligible for any point score. 3. Level of Assistance Point Score Rate of remission 20 or above 100% 13 to 19 75% 8 to 12 50% 1 to 7 25% Below 1 NIL
	Case 1 Family of 4 (Parents, two children in SPC Secondary Section and Primary Section respectively) Items Actual amount HK$ Calculation Adjusted monthly income HK$ Points Father's salary 456,000 per year Full amount included 38,000   Rental for residence 216,000 per year Maximum rental/ mortgage allowance: $12,000 pm Less: 12,000   26,000 12 Dependants Points Spouse 1 Boys in SPC family (3 points each) 6 Total Points 19 Level of assistance: 1st child will be granted 75% fee remission 2nd child will be granted 100% fee remission
	Case 2 Family of 4 (Mother, Grandmother, one child in SPC Secondary Section and one child in an aided secondary school) Items Actual amount HK$ Calculation Adjusted monthly income HK$  Points  Mother's salary  420,000 per year Full amount included 35,000   Grandmother's salary 100,000 per year 30% 2,500 Self-owned flat for residence (Net value)  2,500,000 Not included  - Mortgage loan repayment 220,000 per year Maximum rental/ mortgage allowance: $12,000 pm  Less: 12,000   25,500 12   Point Score Single-parent family 2 Dependants   Boy in SPC family (3 points each) 3 Child in an aided school (S.4-7) 2 Dependant parent 1 Total Points 20 Level of assistance: The child will be granted 100% fee remission
	Case 3 Family of 5 (Parents, Grandparents, one boy in SPC Primary Section) Items Actual amount HK$ Calculation Adjusted monthly income HK$ Points  Father's salary  250,000 per year Full amount included   20,833    Mother's salary  150,000 per year Full amount included  12,500  Fixed deposit  600,000 (600,000 - 400,000) *2%  4,000 Interest income from fixed deposit at 0.5% per year 3,000 Full amount included 250 Mortgage loan repayment 220,000 per year Maximum rental/ mortgage allowance: $12,000 pm Less: 12,000   25,583 12 Dependants Points Spouse 1 Boy in SPC family (3 points each) 3 Dependant parent 2 Total Points 18 Level of assistance: The child will be granted 75% fee remission
	Case 4 Family of 3 (Parents and one boy in SPC Secondary Section) Items Actual amount HK$  Calculation Adjusted monthly income HK$ Points Father's salary  250,000 per year Full amount included 20,833   Mother's salary  150,000 per year Full amount included 12,500 Fixed deposit  600,000 (600,000 - 400,000) *2% 4,000 Interest income from fixed deposit at 0.5% per year 3,000 Full amount included 250 Self-owned flat for residence (Net value) 3,500,000 Not included - Mortgage loan repayment 240,000 per year Maximum rental/ mortgage allowance: $12,000 pm Less: 12,000   25,583 12 Dependants Points Spouse 1 Boy in SPC family (3 points each) 3 Dependant parent 2 Total Points 18 Level of assistance: The child will be granted 75% fee remission
	Case 5 Family of 3 (Parents and one boy in SPC Primary Section) Items Actual amount HK$ Calculation Adjusted monthly income HK$ Points Father's salary 250,000 per year Full amount included 20,833   Mother's salary 120,000 per year Full amount included 10,000 Interest income from fixed deposit at 0.5% per year 3,000 Full amount included 250 Dividend income from market shares 12,000 Full amount included 1,000 Self-owned fully paid flat for residence (Net value) 2,500,000 Not included - Fixed deposit 600,000 (600,000 - 400,000) *2% 4,000 Marketable shares 300,000 Not included (Less than   $400,000) 0   49,250 4 Dependants Points Spouse 1 Boy in SPC family (3 points each) 3 Level of assistance: The child will be granted 50% fee remission

    Please click here to download the Fee Remission Scheme PDF file.