HKIER

Abstract

The Open Learning Institute of Hong Kong (OLI) was established in 1989. The OLI offers degree courses using distance learning methods. It adopts the open access policy to working adults without requiring any formal academic qualification for enrolling in the courses. The 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.

摘要

N.A.