PolyU Library
Journal Call no.L64.E45
AuthorTang, Shu-hung.
Article TitleFinancing open education : the Hong Kong experience / Shu-hung Tang.
Is Part OfEducation journal ; v.21, no.2/v.22, no.1, Jun 1994, p.43-63, illus.
AbstractThe Opening Learning Institute of Hong Kong (OLI) has been receiving Government funding but it has to be self-financing through tuition fees income by 1993-94. The OLI is now experiencing financial difficulty and is unable to achieve the self-financing goal. This paper examines the rationale underlying the self-financing goal and discusses the current financial crisis of the OLI. This paper proposes new funding measures such as a matching grant, tax exemption and a student loan scheme to solve OLI"s financial crisis.