Budget Speech

Continuing Education

128.    To encourage members of the public to pursue self-enhancement, the Government will raise the subsidy ceiling of the Continuing Education Fund (CEF) from $10,000 to $20,000 per applicant.  Those who once opened a CEF account may also benefit from this initiative.  In parallel, we will extend the upper age limit for CEF applicants to 70, lift the restrictions on the validity period and the number of claims, and expand the scope of the CEF to include all courses in the Qualifications Register.  I will further inject an additional $8.5 billion into the CEF.  It is expected that a total of about 610 000 recipients will benefit from the enhancements.



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