Indicative Budget for 2025/26
Funding Schemes Indicative Distribution
($ million)
Individual Research Schemes
General Research Fund 979.0
Early Career Scheme 141.0
Collaborative Research Schemes
Areas of Excellence Scheme 160.0
Collaborative Research Fund 250.0
Research Impact Fund 75.0
Theme-based Research Scheme 320.0
Strategic Topics Grant 130.0
Fellowships
Humanities and Social Sciences Prestigious Fellowship Scheme 10.0
Hong Kong PhD Fellowship Scheme 368.8 [1]
Research Grants Council (RGC) Postdoctoral Fellowship Scheme/RGC Junior Research Fellow Scheme 51.3
RGC Research Fellow Scheme/RGC Senior Research Fellow Scheme 136.9
Joint Research Schemes

a) National Natural Science Foundation of China/RGC Joint Research Scheme

60.0

b) National Natural Science Foundation of China/RGC Collaborative Research Scheme

36.0

c) European Union (EU)-Hong Kong (HK) Research and Innovation Cooperation Co-funding Mechanism

9.0

d) The French National Research Agency/RGC Joint Research Scheme

8.5

e) Germany/Hong Kong Joint Research Scheme

1.2

f) PROCORE - France/Hong Kong Joint Research Scheme

1.0

g) Healthy Longevity Catalyst Awards (Hong Kong)

3.9
Competitive Research Funding Schemes for the Local Self-financing Degree Sector[2]

a) Faculty Development Scheme

65.0

b) Inter-institutional Development Scheme

5.0

c) Institutional Development Scheme

20.0
Others
RGC Postgraduate Students Conference/Seminar Grants 0.8
Research Matching Grant Scheme N/A[3]
Tuition Waiver for Local Research Postgraduate Students 90.0
[1]
Subject to annual adjustment in accordance with Composite Consumer Price Index.
[2]
In the event that the amount of funding required to support meritorious proposals from Self-financing institutions exceeds the total of $90 million, additional funding of up to $10 million may be provided.
[3]
Commencing to operate from 1 August 2019, the first round of Research Matching Grant Scheme was successfully completed on 22 July 2024 with the $3-billion provision of matching grant fully distributed. A new round of RMGS, with a total commitment of $1.5 billion, will operate from mid-2025.