HKICPA:Question about student subscription

　　Q：As an Institute student graduate, I shall submit my membership application within the next few months. Is it necessary for me to pay my student subscription in the next calendar year or can I get a refund if I have already paid the fee?
 

　　A：If you will submit your membership application to the Institute on or before the submission deadline in October and opt to have your membership registration effective on 1 January in the next calendar year, the official result of your membership application will be available in late December. Upon approval of your membership application, your name will automatically be removed from the student register. In this connection, you are advised to withhold your payment for the student subscription in the next calendar year until receipt of the result for your membership application.
 

　　In case you will only acquire sufficient practical experience for membership purposes in the subsequent year or after, in order to keep yourself abreast of the latest development of the accountancy profession and any change of the Institute's membership admission policy, you are advised to renew your studentship according to the instruction provided in the annual renewal package that will be delivered to you in December.
 

　　Under the current policy, if your membership application is received and approved unconditionally by the Institute on or before 30 June in the same year, the student subscription fee paid for this year will be fully refunded to you.
 

　　If you submit your membership application at the first and second submission deadlines of the year, you may offset part of the membership application fees when you show a certified true copy of your student subscription payment receipt when submitting your membership application to the Institute. For information, the submission deadlines for the next calendar year will be announced in early October of each year.
 

　　For graduates who submit their membership application after the second application submission deadline in the current year (in general, it will be set for early March), their membership applications will only be considered by the Institute's council after June and, as such, they will not be entitled to a refund of their student registration fee paid for the current year.
 

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