FEE REMISSION CALCULATOR
(FOR 2024-2025 APPLICANTS)
 
Average Monthly Adjusted Family Income
(from 1st April 2023 to 31st March 2024)
1. Annual income of the applicant
(including basic salary, contributions to provident fund, MPF, year-end double pay, allowance, leave pay / pay in lieu of leave, bonus, commission, wages in lieu of notice of dismissal, etc.)		 =HK$
2. Annual income of applicant's spouse
(including basic salary, contributions to provident fund, MPF, year-end double pay, allowance, leave pay / pay in lieu of leave, bonus, commission, wages in lieu of notice of dismissal, etc.)		 =HK$
3. Yearly contribution from other members of family
(including basic salary, contributions to provident fund, MPF, year-end double pay, allowance, leave pay / pay in lieu of leave, bonus, commission, wages in lieu of notice of dismissal, etc.)		 =HK$
4. Other income (not from employment)
(including profit from business/investment, interest earned from bank deposits, stocks and shares, rent income from property, monthly pension/ widow's & children's compensation/ gratuity, contribution from family members or relatives, alimony, living expense from ex-spouse, retraining allowance, etc.)		 =HK$
5. Assets
5.1 Land / properties / car park (in Hong Kong, the Mainland and other countries, but excluding the dwelling)
(a) Value of property#
(b) Outstanding amount under the mortgage as at 31.3.2024
(c) Percentage of ownership
Net value = $[(a) – (b)] x (c)		 =HK$
5.2 Vehicles
(a) Estimated market value of the vehicle^ as at 31.3.2024
(b) Outstanding amount under the mortgage as at 31.3.2024
(c) Percentage of ownership
Net value = $[(a) – (b)] x (c)		 =HK$
5.3 Investment (Market value of stocks / shares / warrants / funds as at 31.3.2024) =HK$
5.4 Other Investment
(a) Estimated net asset value as at 31.3.2024&
(b) Percentage of ownership
Net value = $(a) x (b)		 =HK$
5.5 Bank deposit (e.g. including savings/ time/ current/ deposits in local and foreign currencies as at 31.3.2024) =HK$
5.6 Liabilities (outstanding balance of bank overdrafts, loans, etc as at 31.3.2024) =HK$
6. Average monthly rental or mortgage repayment (maximum of HK$14,000)
Owned		 Average monthly loan repayment
=HK$
Rented Average monthly rental
=HK$
 
#    The value of the property should be the actual purchase cost unless a professional valuation report is attached. Such report should be dated within 12 months before the date of submission of this application form. In case the property was acquired by way of gift, a professional valuation report dated within 12 months before the date of submission of this application form should be submitted.
^    The estimated market value of the vehicle should be equal to the original cost of the purchase minus the depreciation of the vehicle up to the end of 31st March, 2024. Depreciation is standardised at 20% per annum.
@    The value of the listed shares should be the market value of the shares at the end of the day on 31st March, 2024.
&    Other investment includes the applicant's, applicant's spouse's and other family member's investment in sole proprietorship business and their attributable shares of investment in partnership business. It also includes their investment in any private limited company, either in Hong Kong or overseas. The value of the sole proprietorship business should be the net assets value in the latest balance sheet submitted to the Inland Revenue Department for taxation purpose. The value of their investments in partnership and private limited company should be their attributable shares in the net assets value of that business as per the latest balance sheet submitted to the Inland Revenue Department for Profits Tax purpose. Audited accounts are required for limited company in this aspect.
 
Family Situations
Spouse
Number of dependent parent
(Dependent parent in receipt of Comprehensive Social Security Assistance has/have to be excluded.)
Number of dependent children (including student-applicant):
Attending the Primary Section / Secondary Section of St. Paul's College
Attending full-time senior secondary course (S4-S6) and full time Diploma Yijin Programme
Attending full-time education up to first degree, including pre- primary education, primary to junior secondary
education (P1-S3), VTC, IVE, post-secondary course, etc.
Attending evening / part-time / special training courses OR not attending schools
Under 18
(D.O.B on / after 1.9.2006)
Over 18
(D.O.B on / before 1.9.2006)