QEF Quality Education Fund
In October 1997, the Chief Executive announced in his Policy Address the establishment of the Quality Education Fund (QEF) to finance projects for the promotion of quality education in Hong Kong.
The establishment of the QEF is one of the major recommendations of the Education Commission Report No.7 (ECR7). Formally established on 2 January 1998 with an allocation of $5 billion, the QEF provides an effective channel for worthwhile projects from the school education sector to be funded. The QEF mainly caters for worthwhile non-profit making initiatives within the ambit of basic education, i.e. kindergarten, primary, secondary and special education. The QEF Steering CommitteeMembership List >> The QEF Steering Committee advises the Government on the policies and procedures governing the operation of the QEF. The Steering Committee is supported by a Secretariat of administrative and professional staff from the Education Bureau. It is chaired by a non-government official and supported by members from the Education Commission and the school/business/professional sectors. The terms of reference of the QEF Steering Committee are : To make recommendations to the Government on the custody and use of QEF, specifically : to advise on the procedures for inviting, and guidelines for assessing, applications for funding;to advise on the detailed criteria for allocations to be made from QEF; andto advise on the policy for the control and use of QEF including any standing arrangements in respect of disbursements.
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