The Hong Kong Jockey Club Scholarship Scheme was set up by the Club in 1998 to provide scholarships for local and Mainland students to cover the tuition and living expenses of their four-year degree courses at the eight UGC-funded universities and the Hong Kong Academy for Performing Arts. Students are chosen on the basis of outstanding academic ability as well as their community service record and other talents. Scholarship recipients also share the Club's philanthropic values and serve as a force for good in society by becoming actively involved in community services through the Jockey Club Scholars Alumni Association.

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