Refundable Capital Levy
The refundable capital levy (RCL) is HK$25,000 for each child entering Year 1 and Year 7 of ESF schools from August 2011 onwards.
RCL is also payable by the parents of children entering ESF schools in other year groups from August 2011 onwards.
For families with two children currently attending ESF schools and have paid the $25,000 RCL for each child, the RCL will be HK$10,000 for the third and subsequent child.
As the RCL is phased in, the Advance Payment system will be phased out so that parents who have paid an RCL will not be required to pay advance fee for September in the preceding July. However, deposit required upon enrolment for students entering ESF schools will be unaffected.
RCL is due upon acceptance of school place offer.
Click here to see the FAQs on Refundable Capital Levy.
If you have any other questions, please write to us here.