The Federation endeavours to:
- Advance the cause of lifelong learning in Hong Kong, focusing on four sectors, namely, Self-financing Degree, Self-financing Sub-degree, Continuing Education, and Non-local Education.
- Raise the professional quality and standards of self-financing academic and vocational education in Hong Kong.
- Enhance communication with Government, industries, professional bodies and other stakeholders in the four sectors afore-mentioned.
- Provide a platform for the exchange of ideas and for the sharing of information and professional experience for the sectors.
- Encourage, support and conduct research in the context of academic and vocational education and related areas.
- Collaborate with Government in developing Hong Kong into an education hub in Asia and beyond.