UK Student Visa Updates and Financial Requirement

uk student visa

Are you willing to study in UK?
If yes then…
The following things are to be followed.
For the core purpose of the UK student visa, you will have to declare:
•    As stated on the CAS statement – Confirmation of Acceptance of Studies, any outstanding tuition fees
•    A 'maintenance' amount which is currently £1,265 per month as the money for your living costs in the UK for up to a maximum of 9 months

Dependants

A maintenance funds need to be shown for the dependents you are taking along if you are eligible as part of your Student visa application, that is £845 per month currently and is to be shown up to a maximum of 9 months for each dependent.

Documents required

The UK study visa requirements depends on how you are funding your studies.

1.    Funding studies yourself using your personal bank account

You can use an account if you have a bank account in your name to demonstrate the required maintenance funds. The account must have funds which can be available immediately and it needs to be a current account.

2.    Parents funding you

Bank statements of your Parent's or legal guardian's must be produced along with the following:
•    Birth certificate or certificate of adoption in certain cases. If both are not possible then atleast document of court showing the names of your parents or legal guardians
•    All the documents to be translated in English
•    A letter of consent stating you can use your parents or guardians’ funds confirming the relationship for studies in the UK

3.    You have a scholarship

You can provide a letter confirming the details of your scholarship if you have been awarded a scholarship, when you apply for your visa.
Any international company, government, scholarship provider or a university can sponsor your funds

Also note that there are chances that an advanced payment of tuition fees might have to be done, unless you have an official sponsor in which case you could be exempted.

4.    You have a Student Loan

You can use the Loan Letter as evidence of your application if you are having it. Until you have received your loan letter you should not apply for your visa as this is your official confirmation of funding.

Another point to remember that only if the other types of loans are issued by your government as part of an educational loans scheme then these loans are acceptable, and not otherwise.
Let us now understand the new UK Point Based Immigration System.
Read on.

Point-Based UK Immigration for Students:

Student route will be built with the core tenets on the current Tier 4 system.
•    Licensed Provider Sponsorship
•    English language Ability Demonstration
•    While the duration of the stay in UK the competence to aid themselves
However, the route will be improved for sponsoring institutions and their students, making it more streamlined by creating clearer pathways for students. Now when the pace of change has been accelerated by the Covid-19 pandemic it would also be ensured that UK remains competitive in a changing global market.

For leave to be sanctioned, 70 points would be the requirement.

So, go for it as UK is all advantageous for overseas education aspirants.
Best of Luck!