September 14, (THEWILL) – The United Kingdom (UK) government has introduced new financial guidelines for international students, effective January 2025.
The changes impact students applying for visas to study in the UK, with a significant increase in the funds required to demonstrate financial stability.
According to the Home Office, students intending to study in London will need to show proof of £1,483 in savings for monthly living expenses, 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.
The increase, the Home Office said, is hinged on the rising cost of living and aligns with domestic student loans for maintenance.
The maintenance requirement for student applicants will cover each month of their course, for up to nine months.
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