Part 3 52 VOCATIONAL TRAINING COUNCIL FEES, FINANCIAL ASSISTANCE AND SCHOLARSHIPS AND AWARD SCHEMES TUITION FEES 3.71 The study duration of full-time degree programmes inVTC is normally four years. The tuition fees are charged according to the number of credit points taken during a semester. Students have to complete a minimum of 132 credit points for graduation. The tuition fee for the AY 2022/23 academic year varies from HK$2,605 to HK$3,390 per credit point depending on the programme chosen. 3.72 The study duration of full-time HD programmes is normally two years. The tuition fee is around HK$32,000 per annum for subvented programmes and around HK$59,000 per annum for self-financed programmes. 3.73 The tuition fee for full-time 1-year subvented DFS programme is HK$20,500. 3.74 Secondary 3 school-leavers attending full-time Diploma of Vocational Education (DVE) or Diploma of Vocational Baccalaureate (DVB) programmes will normally be exempted from tuition fee payment until they have exhausted all free tuition-credits, as they are fully subvented under the 12-year free education policy. For Secondary 6 school-leavers taking full- time 1-year DVE programmes, a tuition fee of HK$20,500 is charged. 3.75 For part-time DFS and HD programmes, the tuition fee rates for AY 2022/23 are HK$175 and HK$260 per credit point respectively. 3.76 Tuition fee levels are subject to annual review.