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Dear Colleagues: Almost half a year has passed since I last shared with you the progress of our quest for donations. As the end-of-June deadline of the Government Matching Grant Scheme (MGS) is approaching, I have received more enquiries than ever about how much money CityU has raised so far in relation to the Scheme.
University President Professor H K Chang outlined the big picture and CityU's future direction at the University Development Forum, 25 May, in the Wei Hing Theatre packed with some 300 staff members and students. While a projected shortfall in budgetary position in 2008-09 exists, according to Professor Chang the University shows encouraging potential to make ends meet through its self-financing programmes.
On 10 May the University Grants Committee (UGC) made an announcement concerning the Academic Development Proposals (ADPs) submitted by the eight UGC-funded institutions for the 2005-08 triennium. CityU’s proposal to make creative media a growth / priority area was endorsed. Out of the 840 second year intake top-up places that UGC allocated to the eight institutions, CityU received 210 places, the second largest number.