Business Daily Media

Men's Weekly

.

uFinance Student Loan: The Preferred Choice for Hong Kong Tertiary Students

HONG KONG SAR - Media OutReach Newswire - 11 April 2024 - Nowadays, Hong Kong tertiary students often want to seize every opportunity in their youth, such as applying for an exchange programme, learning new skills, or starting their own business to earn their first pot of gold.

However, many students are forced to choose between reality and their dreams due to a lack of funds and a desire not to increase the financial burden to their families. To address the financial stress faced by tertiary students, uFinance, the Hong Kong student loan platform, now offers student loans to allow students to enjoy a worry-free tertiary school life. Differ from the traditional banks and financial institutions, uFinance prioritizes student privacy and offers a tailored loan plan. In addition, if university students encounter difficulties in paying their tuition fees, they can also apply for the uFinance University Student Tuition Loan, which offers the first-in-Hong Kong "Lowest Interest Guarantee".

"Borrowing money" is no longer taboo: uFinance student loans can be processed entirely online

Many tertiary students who are new to loans may find it difficult to talk about "borrowing money", and therefore hesitate during the loan process, missing the opportunities to pursue their dreams. Applying for the uFinance student loan does not require you to "show up" in person and can be processed entirely online. Applicants only require to fill out the online loan application form and upload the required documents to complete the application process. In addition, customer service representatives will only contact the applicants by phone to process loan approval and identity verification. After successful application, students can also choose to sign the loan contract and transfer money online to solve financial difficulties.

uFinance values customer privacy, keeps loan records confidential

Many tertiary students worry about their loan record being leaked to third parties when applying for student loans. uFinance understands the needs of tertiary students. For the past over 20,000 student loan applications, uFinance has promised student loan applicants that the personal information and loan records of the applicants will not be disclosed to schools and third parties, and letters will not be mailed to student loan applicants generally. The entire process is conducted over the phone, allowing students to enjoy a worry-free tertiary school life.

uFinance university student tuition loan - Introducing the 'Lowest Interest Guarantee' in Hong Kong

The application for Grant Loan/Non Means and other government subsidies involves complicated procedures. If students are unable to apply for the assistance or loans provided by the Student Finance Office in time, they will need to pay extra fines for not paying tuition fees on time. To solve the urgent need of university students, uFinance offers a special university tuition fee loan. After completing the application, the loan amount will be directly deposited into the school account, without the loan passing through their hands, to help students pay tuition fees as soon as possible. In addition, the 'University Tuition Tuition Fee Loan' introduces the 'Lowest Interest Guarantee' in Hong Kong for the first time, offering the most favorable interest rate in the Hong Kong market (actual annual interest rate 6%). Applicants can choose a tuition loan of $21,050 per semester and can repay it in 6 to 48 months. After receiving government assistance, students can also choose to repay the remaining principal at any time without paying any fees.

Student Loan Information Platform - Preparing Students for Social Challenges

In addition to relieving students of financial burdens during their studies, uFinance hopes that students can obtain more helpful information for their life planning on the platform, such as internship job vacancies, living encyclopedias, and financial information. uFinance believes that the few years of undergraduate life have a significant impact on the future development of students. Therefore, it hopes that students can equip themselves well before entering society to meet future challenges. Also, uFinance will also cooperate with different businesses to provide students with exclusive discounts, so the tertiary students can develop financial management habits during their studies.
Hashtag: #uFinance #StudentLoan #UniversityStudent




The issuer is solely responsible for the content of this announcement.

About uFinance

uFinance Hong Kong Limited ("uFinance") was established in 2018 to provide the most suitable financial support for tertiary students in Hong Kong, enabling them to manage their own finances and take advantage of every learning opportunity. Compared to traditional financial institutions, uFinance does not require income proof as an approval criterion, nor does it require students to provide proof of address. Students are required to upload 2 documents (ID card and student card) to apply for the offered by uFinance. Since its inception, uFinance has served more than 10,000 students and has worked with over 200 societies from tertiary institutions.

Beyond financial support, uFinance also provides a one-stop information platform for tertiary students, including information on job hunting, internships, sponsorship and further studies, so that they can have a solid foundation to face different challenges before starting their careers. uFinance, Right After You!

News from Asia

Macau’s No.1 Water Attraction Reopens This April for a Fun-Packed Experiential Start to Summer at Galaxy Macau Grand Resort Deck

The award-winning luxury resort is set to bring the ultimate expression of summer to Macau, delighting guests with world-class attractions and thrilling experiences. MACAU SAR - Media OutReach New...

SIM Global Education Showcases Why University Degrees Continue to Matter in a Skills-Driven Job Market

SINGAPORE - Media OutReach Newswire - 18 March 2026 - SIM Global Education (SIM GE) highlighted that while hiring practices are evolving, a university degree remains an important foundation for ca...

Etiqa Insurance Singapore Returns to NATAS Travel Fair 2026

New Takaful travel product launched in same month to celebrate life’s journeys SINGAPORE - Media OutReach Newswire - 18 March 2026 - Etiqa Insurance Singapore, a leading general and life insurer...

AEON Bank Champions Community Impact Financial Inclusion and Rewarding Raya Campaign Anchored on "Niat di Hati, Budi Terpateri"

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 18 March 2026 - Inspired by the values of compassion and the importance of sharing rezeki (blessings) during this blessed month, AEON Bank, ...

China Tower (788.HK) Announces 2025 Annual Results

Deepens “One Core and Two Wings” Strategy Continues to Strengthen Core Competitiveness to Enhance Shareholder Returns HONG KONG SAR - Media OutReach Newswire - 18 March 2026 - The world's largest...

GemFair and De Beers London Launch Capsule Jewellery Collection Featuring Ethically Sourced Artisanal Diamonds

This launch marks the first time that GemFair’s ethically sourced, artisanal-mined diamonds are featured in jewellery, bringing their story of supporting livelihoods to consumers LONDON, UK - Medi...

De Beers Group and Assouline Celebrate the Launch of "A Diamond Is Forever: The Making of A Cultural Icon 1926-2026"

LONDON, UK - Media OutReach Newswire - 11 February 2026 - In the 1930s, De Beers redefined the role of diamonds in society, celebrating them as masterpieces of nature and craftmanship...

Desert Diamond Hues Take Centre Stage On The Red Carpet At The 79th British Academy Film Awards

LONDON, UK - Media OutReach Newswire - 2 March 2026 - At this year's British Academy Film Awards, the red carpet was illuminated with natural diamonds worn by some of the acting world's most belov...

HealthMutual Group and Hong Kong Data Ltd. Sign Cooperation Agreement to Streamline Cross-Border Healthcare with AI-Driven eTPA Platform

HONG KONG SAR - Media OutReach Newswire - 18 March 2026 - HealthMutual Group (HMG) and Hong Kong Data Ltd. (HK Data) (formerly known as CU Datahub) signed a Cooperation Agreement today to integrat...

XTransfer’s CSO Speaks at Inclusive FinTech Forum 2026 in Rwanda

KIGALI, RWANDA - Media OutReach Newswire - 18 March 2026 - XTransfer, the world's leading B2B cross-border financial platform, was honoured to have its Chief Strategy Officer, Neil Ni, speak at ...

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Launchd, Australia's leading talent-first creator economy group, has acquired WeAreTENZING, one of New Zealand's most respected talent agencies, b...

Time to punch above our weight and stop shadowboxing on AI

Australia prides itself on being an innovation economy. We celebrate startups, talk about productivity, and lean into our reputation for punching ...

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Led by seasoned capital markets veteran Mark Wang, the fund is purpose-built to serve Australia’s most productive yet chronically underserved busi...

Global Thryv voices bring a sharper lens to International Women’s Day

Thryv® (NASDAQ: THRY), ANZ’s leading AI-enabled small business marketing software platform provider, marks International Women’s Day (IWD) with a bu...

AI curiosity fuels new wave of employee-led innovation in Australia

Leaders across Australia are asking themselves how they can ensure their employees get the most out of AI. We recently conducted research to help an...

Is your search bar your competitor’s best salesperson?

A few weeks ago, I was watching the Super Bowl. Traditionally, those halftime ad spots are reserved for the world’s biggest, most established bran...