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In recognition of HKUST’s efforts in contributing to the strategic development of Hong Kong, the University Grants Committee (UGC) has awarded HKUST 111 Fellowship places for the 2024/25 academic year. The scheme encourages students to pursue inter-disciplinary and in-depth postgraduate training in priority areas that are beneficial to society.


Designated TPg Programs

The following TPg programs have been selected by UGC to award eligible students the fellowships in the 2024/25 academic year:

School   Program Fellowship Places Tuition Fee Amount Subsidised
Science MSc in Financial Mathematics 6 HK$250,000 HK$120,000
Science MSc in Biotechnology 8 FT: HK$142,000
PT: HK$128,000
FT: HK$99,900
PT: HK$85,900
Science MSc in Data-Driven Modeling 3 HK$200,000 HK$120,000
Science MSc in Environmental Health and Safety 3 HK$145,000 HK$102,900
Science MSc in Analytical Chemistry 6 HK$160,000 HK$117,900
Engineering MSc in Big Data Technology 15 FT: HK$242,000
PT: HK$209,000
Engineering MSc in Financial Technology 10 HK$363,825 HK$120,000
Engineering MSc in Environmental Engineering and Management 4 FT: HK$178,000
PT: HK$155,000
FT: HK$120,000
PT: HK$112,900
Engineering MSc in Civil Infrastructural Engineering and Management 14 FT: HK$178,000
PT: HK$155,000
FT: HK$120,000
PT: HK$112,900
Engineering MSc in Intelligent Building Technology and Management 4 FT: HK$179,300
PT: HK$156,200
FT: HK$120,000
PT: HK$114,100
Business and Management MSc in Business Analytics 5 HK$355,000 HK$120,000
Business and Management MSc in Finance 3 HK$408,000 HK$120,000
Business and Management MSc in Information Systems Management 16 FT: HK$315,000
PT: HK$270,000
Business and Management MSc in Accounting 3 HK$379,000 HK$120,000
Academy of Interdisciplinary Studies MSc in Environmental Science and Management 8 HK$150,000 HK$107,900
Academy of Interdisciplinary Studies Master of Public Policy 3 HK$308,000 HK$120,000



  1. Applications are open to local students admitted to the designated TPg programs in 2024/25;
  2. The award of the fellowships will be based on merits taking into account the students' academic achievements, professional qualifications, relevant working experience and achievements in other areas as well as the proposals submitted by the students; and
  3. To avoid double subsidy, applications from students who are receiving other forms of government scholarship (except student financial assistance) for pursuing the same program will not be considered.


Fellowship Amount

The fellowship students are required to pay a minimum tuition fee of HK$42,100, which is the prevailing rate of the UGC-funded programs, and the differences will be subsidised by the fellowships subject to a cap of HK$120,000 (for the whole taught postgraduate program, regardless of the actual study period) for the settlement of the tuition fee only.



Eligible students will be invited by the respective programs to submit applications. For details, please contact the program offices directly.


Please refer to UGC's website for more details of the Scheme.