Prizes and scholarships are offered to eligible nursing students as follows:

• Academic Elite Scholarship in Nursing
• BL Wong Memorial Prizes in Nursing Studies
• BL Wong Memorial Prizes in Nursing Studies (Clinical Excellence)
• Entrance Scholarship in Nursing
• Lau Wing Kai Memorial Prizes
• Li Po Chun Charitable Trust Fund Scholarships in Nursing Studies
• Medic '71 Prizes in Nursing Studies
• Pauline Chan Memorial Scholarship
• Serena Yang Prizes
• YW Kwok Scholarships

In addition to those University-administered scholarships and prizes, the LKS Faculty of Medicine also enjoys the privilege of having a large number of patrons and distinguished graduates who have donated different scholarships, prizes, bursaries and loans which are available exclusively to students in the Medical Faculty.

Apart from the Government Student Financial Assistance Scheme, there are also adequate means of financial assistance offered by the university to help students cope with the expenses of university education. Students in need may obtain University Financial Assistance in the form of loans and bursaries to supplement Government Loans and Grants.