The United Kingdom government has introduced new financial requirements for foreign nationals intending to study in the country, with the proof of funds amount significantly increased.
According to the Home Office, students planning to study in London must now show evidence of having £1,483 per month to cover living costs, while those studying outside London must have £1,136 per month.
This marks a rise from the previous rates of £1,334 for London and £1,023 for other UK cities. Under the new rules, students studying in London for nine or more months will need at least £13,348 in savings to apply for a visa.
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The Home Office explained that this adjustment is intended to align the financial requirements for foreign students with the revised maintenance loans available for domestic students, ensuring that both groups have adequate funds for living expenses.
The Home Office stated that the increase is essential to align with the updated cost of living in the UK.