Donations from the community are usually non-regular and sometimes just a one-off. This type of donation is usually designated for a capital, such as a new building or laboratory or for a specific project. Although donations from individual alumnus may be small compared with those from tycoons, collectively they can make a big difference.
Your donation will go directly to the Alumni Endowment Fund (AEF) Projects where the principal of an endowment fund is maintained in perpetuity and only the income from investment of the principal is expended.
All universities in Hong Kong charge less than the full cost of running the institutions. Tuition fees can only cover a very small fraction of the cost of educating a student. HKUST cannot reach the pinnacle of its ambitions simply by relying on grants and subsidies from the government. To become not just great but a world class university, we need funding sources that will give us the flexibility to support initiatives of the highest priority.
Yes! If each alumnus donates $50 a month, with 80,000 alumni that makes a total of $42 million per annum. If you are interested in committing in a monthly donation, please support our Alumni Endowment Fund projects. Every little helps! Your donation will make a huge cumulative and long-term difference to what we wish to achieve at HKUST and reflects your trust in HKUST.
A donation to HKUST of HK$100 or above is tax-deductible in Hong Kong. For one-time gifts, a donation receipt will be issued within two months of funds being received by the University. For monthly gifts, a donation receipt will be issued on a fiscal year basis (March or April each year).
Your credit card will be charged immediately for one-time gifts after you have completed online payment transaction. For monthly gifts, our finance office will charge your credit card on a monthly basis.
Following a successful online submission of your donation information, you will receive an e-mail acknowledgement with details on ways to complete your cheque / bank transfer payment. Once the payment is received by the University, your contribution by cheque / bank transfer will immediately be reflected under “Supporters”.
For foreign currencies, please transfer the donation amount (RMB, EUR, US, etc) to Bank of China (Hong Kong) Limited with the following details:
Bank Address : Bank of China (Hong Kong) Limited, Hong Kong
Bank of China Tower
1 Garden Road, Central, HK
Account no.: 012-896-9-200200-0
Bank Account Name : The Hong Kong University of Science and Technology
SWIFT Code: BKCHHKHHXXX
Please email the bank-in slip to email@example.com, or fax it to (852) 3743 0939, with your full name, contact number & donation reference number.
For donors who would like to support HKUST with their United States-based assets, they can enjoy tax-deductions by contributing to our non-profit partner Give2Asia. Please download and complete the Give2Asia form.
Please check your Junk / Spam e-mail folder just in case the confirmation e-mail was filtered into one of these folders. It is also recommended that you include our e-mails in your “safe” list. Please email firstname.lastname@example.org for any enquiries.
The personal data collected (i.e. name, contact details, and other relevant information) will be used by the University for promotion of our events and news. In any circumstances, the University will not transfer the personal data to a third party for direct marketing purposes.