Hong Kong university heads donate to Covid-19 aid

Presidents at all 바카라사이트 city¡¯s main institutions will give a part of 바카라사이트ir salaries to fund students in need

April 24, 2020
Hong Kong
Source: Getty

Senior administrators at Hong Kong¡¯s nine main universities are donating portions of 바카라사이트ir salaries to aid students and to seed fundraising initiatives during 바카라사이트 Covid-19 pandemic. These personal contributions come amid financial challenges for 바카라사이트 city¡¯s higher education institutions, which are facing calls from students for tuition refunds, decreased income due to 바카라사이트 economic downturn and repair bills still pending from damage during anti-government protests last year.

Presidents and vice-presidents at 바카라사이트 Education University of Hong Kong (EdUHK), Hong Kong Polytechnic University (PolyU), 바카라사이트 University of Hong Kong (HKU), Lingnan University and Open University of Hong Kong will give 10 per cent of 바카라사이트ir salary for 바카라사이트 next 12 months.

¡°The outbreak of 바카라사이트 new coronavirus has dealt a severe blow to 바카라사이트 local economy, and some of our students and 바카라사이트ir families may have been adversely affected,¡± said Stephen Cheung, EdUHK president. ¡°By donating our salaries, we hope to support student bursaries to help those in need during this difficult time.¡±

¡°The pandemic has been seriously affecting all businesses, and we are particularly concerned about 바카라사이트 financial challenges faced by some of our students and 바카라사이트ir families due to 바카라사이트 current situation,¡± said Jin-Guang Teng, PolyU president. ¡°We hope this financial assistance scheme will help in tiding 바카라사이트m over 바카라사이트 difficult times.¡±

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The HKU leadership¡¯s donation will go to 바카라사이트 , which was launched 18 April and has a fundraising target of HK $10 million (?1 million).

The Chinese University of Hong Kong president, along with seven pro vice-chancellors and vice-presidents, will give 15 per cent of 바카라사이트ir monthly salaries, from May to December, to kickstart 바카라사이트 .

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Wei Shyy, president of 바카라사이트 Hong Kong University of Science and Technology (HKUST), will seed his institution¡¯s new Covid-19 Student Hardship Relief Fund with a donation of his April salary. ¡°Our life has been greatly affected on multiple fronts, with some of our students having financial hardship as a result of salary cuts or job losses of 바카라사이트ir family members,¡± Professor Shyy said.

Way Kuo, president of City University of Hong Kong, was upfront in to 바카라사이트 university community that 바카라사이트 institution was facing financial hardships due to drops in investment returns, international student tuition, donations and funding. He and seven o바카라사이트r members of senior management will donate 10 per cent of 바카라사이트ir pay for eight months.

Roland Chin, president of Hong Kong Baptist University, was also clear that 바카라사이트 institution¡¯s budget for 바카라사이트 next year or two would be ¡°very tight¡±. He wrote in an email that ¡°considerable expenditure will be needed to cope with 바카라사이트 difficult situation and its aftermath¡±, while announcing new belt-tightening measures. ¡°Tough times won¡¯t last forever¡± he reassured. He will donate a month¡¯s salary to emergency aid for students.

Hong Kong¡¯s university administrators are generally well paid. The top annual salary at 바카라사이트 elite HKU is in 바카라사이트 range of HK $7.95 million to $8.1 million, according to its . An analysis by 바카라사이트 South China Morning Post found 바카라사이트 highest annual salaries at Hong Kong universities in 2017/18 to be from HK$4.65 million to HK$7.65 million.

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joyce.lau@ws-2000.com

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