Even National Taiwan University is a cheaper option when compared to Hong Kong's schools.More students are applying for universities in Taiwan, where tuition fees are lower and a wider range of subjects are available.
Two years ago, 600 local students headed to Taiwan for post-secondary education. This year it is expected to exceed 4,000.
Director of the Taipei Economic and Cultural Office in Hong Kong, James Chu, said there are more than 100 universities in Taiwan offering a diverse curriculum, including many courses not offered in Hong Kong.
Chu added that Taiwanese culture and living conditions are similar to Hong Kong, making it easy for students to adjust.
At less than HK$20,000 a year, including tuition fees and living expenses, Taiwanese universities, both government-funded and private, cost only around half as much as government-funded universities in Hong Kong.
Every year, universities in Taiwan offer up to 16,000 spots to Hong Kong and Macau applicants. Those who don't get in with their DSE results can apply again after a one-year foundation course.