Hong Kong government to announce hand out of HK$2,000 for needy students in next week’s Budget

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The Hong Kong government is expected to dish out an allowance of HK$2,000 to hardcore poor students in the Budget announcement on 27th February. This payout is similar to the HK$740 million hand out given to 300,000 students in need last year. The government evaluates eligibility based on their family assets before making payments to the qualified students with the assistance of the Student Finance Office.