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Scholarship & Award
Postgraduate awards in the form of studentships (the standard rate in 2017 is HK\$195,960/year (~US\$25,000/year)) are allocated to qualified full-time PhD or MPhil students of the university to provide them with financial assistance during the study period. Awards are based on academic merit and the suitability of the applicant for the proposed program of study, as is the selection of applicants for admission to postgraduate studies. Recipients of studentships are required to engage in ancillary teaching and research duties in the Department, which supplement their formal degree programs. 

The Hong Kong PhD Fellowship Scheme (HKPFS)
To help attract top quality students to pursue PhD studies in Hong Kong, the Government of Hong Kong Special Administrative Region (HKSAR) has launched a Hong Kong PhD Fellowship Scheme in 2009. The scheme is publicly funded and administrated by the Hong Kong Research Grants Council (RGC). The duration of the scheme is 3 years with the award amount of HK\$20,000/month, and a conference travel allowance for HK\$10,000/year.
Research Travel Grants (RTG)
The Research Travel Grant (RTG) program is intended to help support the cost of travel for postdoctoral students, research graduate students, and undergraduate students who present research papers at conferences and professional meetings.

Full-time research graduate students who have been registered at HKUST for at least one year at the date of the conference are eligible to apply. The research being presented must have been conducted at HKUST. Only one of the authors of a paper with multiple authors may apply for a RTG.

Overseas Research Awards

The University will select a number of senior PhD students every year to receive an award for this overseas research attachment program. The Overseas Research Awards for PhD Students aims to enrich students’ research experience by providing them with exposure to a foreign culture and environment, and widening their circle of professional contacts, so as to better prepare students for their future careers. Read More.
Research Awards
To recognize the outstanding research achievement of research postgraduate students (RPg), the School of Science and Physics Department have established Research Awards for RPgs since 2011/2012.