For the academic year 2019/2020, the Research Grants Council (RGC) has approved HK$74 million for a total of 75 projects in the Competitive Research Funding Schemes for the Local Self-financing Degree Sector. HSUHK has secured a total funding of HK$16.33 million for 18 Faculty Development Scheme (FDS) projects, four Inter-institutional Development Scheme (IIDS) projects and one Institutional Development Scheme Collaborative Research Grant (IDS CRG) project. HSUHK’s total number of approved projects and success rate in FDS and IIDS are the highest among self-financed institutions.