UK Govt Increases Financial Requirements for Student Visas

UK Govt Increases Financial Requirements for Student Visas

The UK government has announced a significant hike in the financial savings requirements for international students, marking the first adjustment since 2020. This change, effective from January 2, 2025, affects students planning to study in the UK, with new savings thresholds that reflect updated cost-of-living expenses.

Updated Financial Requirements for Students

To secure a student visa, international students must now demonstrate they have sufficient funds to cover living expenses for each month of their course, up to nine months. This requirement applies differently based on whether the student will study in London or outside the capital:

Studying in London: Students need to show evidence of having £1,483 per month.

Studying Outside London: Students must prove they have £1,136 per month.

Previously, the required amounts were £1,334 per month for London and £1,023 for locations outside London.