• December 25, 2024

International students coming to UK from Jan 2, 2025 should show higher financial savings

International students coming to UK from Jan 2, 2025 should show higher financial savings

LONDON Dec 25: The UK has introduced new student visa rules for 2025, requiring international students to meet higher financial savings thresholds. Starting in 2nd January 2025, the amounts required will increase.

Students living in London will now have to provide evidence of a monthly availability of £1,450, whereas for students heading to other regions of the UK, the stipulated amount will be £1,125 per month, for a minimum of nine months.

Currently, international students coming to study in London must show evidence of monthly savings of £1,334, and £1,023 outside of London.

This means that, besides tuition fees, students will need to show a higher balance in their bank accounts to cover their living expenses in the UK during their studies.

The UK government has made these adjustments to account for inflation and the rising cost of living. This ensures that international students are financially prepared for their stay, aligning the new requirements with maintenance loans available to domestic students.

The new savings thresholds may pose financial hurdles, especially for students from lower-income countries.