Education Loan for the UK

✓ Up to 1.5 Cr Education Loan

✓ At a stating interest rate of 8.55% P.A.

Check your Education Loan Eligibility

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Table of content

Unsecured or without collateral education loan for the UK
Top Banks that offer Unsecured Education Loans for the UK
How to get an unsecured student loan for the UK?
Issues faced by students when approaching the banks directly for an unsecured loan
Benefits of going through WeMakeScholars for an unsecured education loan
Documents required for an education loan without collateral for the UK
Repayment Plan for Unsecured Student Loans in the UK
Secured or without collateral education loan for the UK
Banks that offer secured education loans for the UK
How to get a Secured education loan for the UK?
Benefits of going through WeMakeScholars for a secured education loan:
Documents required for an education loan with collateral for the UK
The repayment plan for Secured education loans in the UK
Expenses covered for education loans in the UK
Scholarships for studying in the UK
Special education loan schemes in the UK
Specific requirements required for a student loan in the UK
Universities recognized for Education loans in the UK
FAQ's
Need Help? Ask Here!

An Education loan can offer up to 1.5 Crores at an interest rate starting from 10.25% per annum for your education in the UK. The education loan provides coverage for tuition fees, cost of living, down payment required for CAS, and many other academic expenses. You can choose either secured or unsecured education loans to study in the UK.

Unsecured or without collateral education loan for the UK

You can avail of up to 45 Lacs for Higher education in the UK, with a repayment period of 15 years. For unsecured loans full simple interest or partial simple interest is to be paid during the moratorium period as they are generally offered by private banks or NBFCs.

Parameters	Details
Loan Limit	Up to 1 Crore
Expenses covered	Tuition fees Accommodation charges Cost of living Down payment for CAS/ATAS Cost of books Uniforms Laboratory and Library fees
Eligible courses	Master’s, MBA, PG Diploma, Ph.D., Professional/ vocational courses, UG
Interest rate	Starts from 11.5%
Moratorium Period	The total duration of the course + 6 months/1-year
Repayment Duration	Upto 15 years including the moratorium
Repayment policies	Simple or partial simple interest is to be paid during the moratorium period
Eligibility Criteria	Applicant should be a citizen of India Applicant should be 18 years or older Should have received admission by qualifying for the required entrance exam

Tip: Try to apply for top universities in the UK to get the most out of your unsecured education loan. Higher loan amounts are offered to students enrolling in top universities

To check if your university is on the prime list of any of the banks or to know more about your eligibility for an unsecured loan request a callback or fill in the common application form.

Top Banks that offer Unsecured Education Loans for the UK

Are you looking for financial support to pursue your academics? Discover various scholarships and funding options

Check your eligibility

How to get an unsecured student loan for the UK?

Step 1: To get started on your loan process, request a callback from us or fill in the common application form for an education loan.

Step 2: You will be contacted by a financial officer from our team who will ask for your basic information. Provide them with the requested details.

Step 3: The financial officer will perform a thorough analysis of your profile and provide you with the details of all the lenders you are eligible of getting a loan. Choose one lender from the provided list.

Step 4: Upload all the documents from the list of documents given to you on the WeMakeScholars secure document portal.

Step 5: As soon as you are done submitting your documents you will be logged in and the result of your application will be told to you within 2-6 days.

Step 6: Sign the loan agreement and receive the sanction letter from your lender.

Issues faced by students when approaching the banks directly for an unsecured loan

Alternative options are left unexplored when a lender is approached directly
When the interest rates are not negotiated for, the students end up paying a lot more than they need to
The process of applying for an education loan is not clearly explained, leaving the students feeling confused
No post-sanction assistance is provided by the banks

Benefits of going through WeMakeScholars for an unsecured education loan

Here are some benefits you get when you process your unsecured education loan with us!

Transparency: When a lender is approached directly, the students are provided with an opinion that is biased towards the services provided by them. In order to get the full picture of the pros and cons of the lender you need a third perspective, which is WeMakeScholars.

Automatic 0.5% reduction in ROI: As WemakeScholars is a government-funded initiative, an automatic reduction in the ROI of 0.5% is offered on your education loan.

Negotiation: We negotiate on behalf of you to get your ROI reduced. There have been many cases where the ROI has been reduced from 14% to 12% upon negotiation.

Cashback: You will receive a cashback of 3K from us after your loan amount has been successfully disbursed.

Are you feeling overwhelmed by the education loan disbursement process? Let us help you navigate it with ease.

Apply now through WMS

Documents required for an education loan without collateral for the UK

Below provided are the documents required to acquire an unsecured education loan for Seeking higher education in the UK

Parameter	Details
Basic documents	The WeMakeScholars education loan form is filled in with all the required details. Identity proof - PAN card and passport Proof of residency (Any of the following): Voter ID Card Bank account statement Passport Electricity Bill Aadhar Ration card Telephone bill Note: If the permanent and current address is not the same two different address proofs are required. The 6-month bank account statement of the co-borrower (Salary or Personal) If the co-borrower is, Salaried: 1 year of salary credits Self-employed: 1 yr business transactions Personal Asset & Liability Statement *All the documents should be self-attested.*
Applicant academic documents	Marksheets and certifications received in 10th, 12th, and degree Proof of enrollment into the institution Cost/ Fee structure of the course IELTS/GMAT/GRE Scorecard. Print-out from of the university ranking
Financial Co-applicant Income documents	If Salaried: 3-month salary slips Form 16 of the previous 2 years ID card of the employer ITR of previous 2 years If Self-employed: ITR for the previous 3 years Profit & Loss account and Balance sheet of last 3 years Business address proof
Other Documents	A letter confirming that any extra amount (which is not covered by the education loan would be covered by the co-applicant.
Additional docs	An invoice for expenses such as travel, laptop, etc has to be brought if a loan is being asked for it. Receipt for any transactions made in advance. Any remaining loan statements from the preceding year. Letter explaining the gap. Sample- on Rs. 100 stamp paper. If relevant, a letter explaining the lack of a co-applicant Income tax return

Repayment Plan for Unsecured Student Loans in the UK

Considering that the interest rate starts at 11.5% for unsecured loans and full simple interest is to be paid in some cases, the table below shows the possible EMI payment schedule.

Loan amount: 25,50,000

Rate of Interest: 11.5%

Repayment tenure: 10 Years

Grace period: 6 months

Repayment cycle	EMI	Interest portion	Principal portion	Loan Outstanding
End of 1st year	35852	23175	12677	2405573
End of 2nd year	35852	21638	14214	2243632
End of 3rd year	35852	19914	15938	2062055
End of 4th year	35852	17981	17870	1858460
End of 5th year	35852	15815	20037	1630177
End of 6th year	35852	13385	22467	1374212
End of 7th year	35852	10661	25191	1087210
End of 8th year	35852	7606	28246	765406
End of 9th year	35852	4181	31671	404580
End of 10th year	35852	340	35512	0

Secured or without collateral education loan for the UK

You can receive funding of upto 1.5 Crores at an interest rate of 10.25% for your academic expenses by going through secured loans, which are mostly offered by public banks, you don’t have to pay any interest during the moratorium period

Parameter	Details
Loan Limit	Upto 1.5 crores
Expenses covered	Tuition Fee Accommodation charges Cost of living Down payment for CAS/ATAS Cost of books Uniforms Laboratory & Library fee
Eligible courses	Master’s, MBA, PG Diploma, PhD, Professional/ vocational courses, UG
Interest rate	Starts at 8.55%
Moratorium Period	The total duration of the course + 6 months
Repayment Duration	Up to 15 years
Repayment policies	Payment of interest during the moratorium period is not mandatory
Eligibility Criteria	Applicant should be a citizen of India Applicant should be 18 or older Should have received admission by qualifying for the required entrance exam
Types of Collateral	Immovable property: House, Flat, Non- agricultural land Liquid security: Fixed deposit, Government bonds, LIC policies
Value of collateral (In case of a collateralized loan)	Immovable property - 1.25 times the loan amount Liquid security - 1.1 times the loan amount

Banks that offer secured education loans for the UK

How to get a Secured education loan for the UK?

Step 1: To get started on your process of getting a secured education loan, contact us by requesting a callback.

Step 2: You will be getting a call from one of our financial officers who will then send you a common application form. Fill in the form with the details requested.

Step 3: The financial officer will analyze your profile and provide you with details of the lenders you are eligible to get a loan. Pick a lender.

Step 4: Submit all the mentioned documents in your document checklist to the lender branch nearest to you

Step 5: The result of your loan application will be told to you in 15-20 days.

Step 6: Sign the loan agreement and receive your loan sanction letter

Issues faced by students when approaching the banks directly for a secured loan

Public banks generally take a very long time to process an education loan (Around 2 months! )
Because most of the major public banks are less technologically advanced most of the process has to be done in person
When you process your loan directly through a public bank, you will end up taking numerous rounds to the bank
Banks do not have the proper knowledge of how to handle multi-city cases.

Benefits of going through WeMakeScholars for a secured education loan:

Our organization is an initiative started by the government of India, Ministry of IT and electronics which strives to help students pursue their dream of studying abroad. All the services provided by WeMakeScholars are free of cost!

Convenient Process: From filling in the application form to receiving the sanction letter most of the process can be done online when you process your loan through WeMakeScholars.
Lesser processing time: when you go through with WeMakeScholars you can get your entire loan processed in a short span of 15-20 days.
Expertise: As WeMakeScholars helps education Loans get sanctioned all across india, we’ve dealt with complicated cases of all kinds. So no matter how impossible you might think your case is, we can help you get it sanctioned.
Multi-city cases: The cases where the permanent and current addresses are not the same, they are usually rejected. But we can get it sanctioned for you as we have expertise in dealing with multi-city cases.

Documents required for an education loan with collateral for the UK

In order to avail of a secured student loan you need to have all the applicant and co-applicant documents mentioned above in the documents required for unsecured loans along with the following property documents.

1. Property Title Deed

2. Registered Sale Agreement / Gift Deed / Will

3. The original receipt of registration for the above-mentioned agreement

4. If applicable, a Letter of allotment by the Municipal Corporation / Authorized Govt. Authority Like MHADA, CIDCO, HUDA, DDA, JDA, GIDC, etc.

5. Link documents for 30 years or Past chain of sale deed establishing title or EC is required.

(If you own the property for more than 30 years, then the previous sale deed is enough.)

6. The newest property tax bill and Latest electricity bill bearing the same address

7. A Copy of the municipality-approved building plan or plot layout.

Each city has its own list of document requirements. To know more about the city-specific documents required for a collateralized loan contact us by requesting a callback.

Don't let paperwork stand in the way of your success - let us provide you with a custom document list to help you get the loan with ease.

Get the list

The repayment plan for Secured education loans in the UK

Considering that the current interest rate for secured loans starts from 10.25% and that you do not have to pay anything during the moratorium period the Amortization schedule would look something like this

Loan amount: 55,00,000

Rate of Interest: 10.25%

Repayment tenure: 15 years

Repayment cycle	EMI	Interest portion	Principal portion	Loan Outstanding
End of 1st year	72648	56099	16549	6364358
End of 2nd year	72648	54266	18382	6154047
End of 3rd year	72648	52230	20418	5920445
End of 4th year	72648	49969	22679	5660969
End of 5th year	72648	47457	25191	5372756
End of 6th year	72648	44667	27981	5052622
End of 7th year	72648	41568	31080	4697032
End of 8th year	72648	38126	34522	4302059
End of 9th year	72648	34302	38345	3863341
End of 10th year	72648	30055	42592	3376034
End of 11th year	72648	25338	47310	2834755
End of 12th year	72648	20098	52549	2233528
End of 13th year	72648	14278	58369	1565712
End of 14th year	72648	7814	64834	823934
End of 15th year	72648	633	72015	0

Let us make your education loan disbursement process seamless with our post-sanction assistance.

Reach out now!

Expenses covered for education loans in the UK

In order to receive CAS/ ATAS a down payment of around 1-3 Lacs is to be paid by the applicant/ student.

If you want to pay this amount from the loan the amount has to be disbursed before the VISA application.

Financial requirement

You would need around 1,334 Euros for living in London
You would need around 1,023 Euros for living outside of London
This is a rough estimation of the amount you would need to last 9 months in the UK

All of these expenses can be covered by either taking out an education loan or receiving funding through scholarships. Below mentioned are some scholarships you can avail of to receive funding for your education in the UK.

Scholarships for studying in the UK

Name of the scholarship	Coverage offered by the scholarship
GREAT Scholarships	10,000 euros for a one-year postgraduation course/ one year of master’s
Chevening Scholarships	Complete funding for 1 year (includes tuition fee, monthly stipend, travel costs, and other miscellaneous expenses)
Commonwealth Masters Scholarships	Complete tuition fee, travel expenses, stipend, and other miscellaneous expenses for 1-year master’s course

Scholarships offered by specific institutions

Name of the scholarship	Coverage offered by the scholarship
Dr. Manmohan Singh Scholarships	Complete tuition fee, expenses for airfare, Monthly stipend for living expenses, VISA expenses
The Global Study Awards	A maximum of 10,000 euros is offered
Charles Wallace India Trust Scholarships	Accommodation, living expenses, and travel expenses for usually up to 2-3 months can be extended up to 1 year
Felix Scholarship	Tuition fee, travel expenses, maintenance grant against living expenses

Scholarships offered by specific universities

Name of the Scholarship	Coverage offered by the scholarship
The University of Westminster	Up to 2000 Euros
Coventry University	Up to 3000 Euros
Gates Cambridge Scholarships	University composition fee, maintenance allowance, one-way travel expenses, VISA expenses, Health insurance costs
Edinburgh Global Research Scholarships	Complete tuition fee
University of Sussex Chancellor’s International Scholarships	Up to 5000 Euros
UAL Vice-Chancellor’s Postgraduate International Scholarships	Up to 50,000 euros
Bristol University International Office Scholarships	Up to 26,000 euros only towards tuition fees is offered
The University of West London International Ambassador Scholarships	Upto 2000 euros

Special education loan schemes in the UK

SBI education loan for the UK

SBI offers up to 1.5 crores on secured or collateralized loans for the UK at an interest rate of 10.55%.

Parameter	Details
Loan amount	Up to 1.5 Crores
Rate of interest	10.55% p.a.
Moratorium period	Course duration + 6 months
Loan repayment	15 Years
Processing fee	10K + GST
Repayment policy	Payment of interest during the moratorium period is optional

HDFC Credila education loan for the UK

HDFC Credila offers secured, unsecured, and partially secured loans upto 40 Lakhs at interest rates starting from 9.5%

Parameter	Details
Loan amount	Up to 40 Lakhs
Rate of interest	Starts from 9.5% p.a.
Moratorium period	Course duration + 12 months
Loan repayment	10 Years
Processing fee	10K + GST
Repayment policy	Partial simple interest is to be paid during the moratorium period

Avanse education loan for the UK

Avanse provides unsecured, secured, and partially secured loans with no upper limit for higher studies in the UK (depending on the applicant’s profile) at an interest rate of 13.65% p.a.

Parameter	Details
Loan amount	Up to 45 Lakhs
Rate of interest	Starts from 11% to 14%
Moratorium period	Course duration + 6 months
Loan repayment	Up to 5 Years
Processing fee	1-2 % of the loan amount
Repayment policy	Partial simple interest is to be paid during the moratorium period

EliteScholars

WeMakeScholars has launched an initiative under the name EliteScholars which aims to provide services to Indian students wanting to pursue further studies in the field of Science, Technology, Engineering, or Mathematics (STEM) or Management (MBA) in the UK

Key features of EliteScholars
A financial co-applicant is not required
Receive the sanction letter within 4 working days
100% of the loan requirement is met

Education loan for Masters in the UK

You can get a secured and unsecured loan in order to pursue higher education in the UK. Some of the most commonly pursued master’s in the UK include MA, MSc, MFA, and MPhil
From an education loan for a Masters in the UK without collateral, you can receive up to 45 Lakhs.

Education loan for MBA in the UK

An Education loan for MBA in the UK provides upto 1.5 crores towards the tuition fee, expenses, caution fee, and other academic expenses through a secured education loan.

Specific requirements required for a student loan in the UK

Confirmation of Acceptance for Studies (CAS)

It acts as proof that a student has been offered an unconditional letter. An unconditional letter is an invitation offered to a student when they meet all the criteria required by the university.

Generally, the following are mentioned in the CAS letter

Sponsor university license number.
Title of your course.
Start and end date of your course.
The tuition fee for the course.
The amount you have already paid from the tuition fee.
The amount that you have paid for the accommodation (if any).
Scores of IELTS or TOEFL.

Academic technology approval scheme certificate (ATAS)

For a few STEM-related courses that are considered sensitive in the UK, you would need to apply for an Academic technology approval scheme certification or ATAS.

Both the CAS and ATAS certificates are only valid for 6 months. You need to apply for your student VISA within six months of receiving the CAS and ATAS.

Universities recognized for Education loans in the UK

All the banks have their own list of institutes/ universities for which special loan products are available. Many institutes from the UK are available on the list. To know if your university is present in any of these lists talk to the financial officers at WeMakeScholars by requesting a call.

To gain valuable insights and guidance on this topic, we recommend watching our video on the complete guide to UK education loans. This comprehensive video will provide you information and resources to help you navigate the UK education loan process.

Don't compromise on your education - apply with us for a low-cost education loan and reach your potential.

Request a callback

FAQs:

Can I get a study loan for the UK?

Yes, you can get a student loan starting from 10 Lakhs to upto 1.5 Cr to pursue your bachelor's or master’s by applying for an education loan through public banks, private banks, or NBFCs at interest rates starting from 10.55%. On processing your loan through WeMakeScholars you can get the interest rate reduced by upto 2%
Can I get an unsecured loan for the UK?

Yes, you can avail of an unsecured loan for the UK by applying for your loans through private banks or NBFCs receiving upto 45 Lakhs as funding. Contact WeMakeScholars to know more about the lenders who offer unsecured loans.
Does the UK accept education loans?

Yes, UK banks accept education loans as a means to finance higher education in the UK.
Can I get an education loan in the UK from India?

Yes, You can get an education loan to continue with your studies further in the UK by taking out a loan from one of the many public banks, private banks, and NBFCs available to you. To know more about the application process and collateral requirements, reach out to WeMakeScholars
What is the graduate route in the UK?

By going through with the UK’s graduate route people from other countries trying to pursue higher studies in the UK can apply to reside in and work/ search for a job after the course or after graduating.
Is it worth moving to the UK from India?

Most of the skilled and deemed professionals from all over the world agree on the UK is one of the best places to study and settle. The UK provides courses that have proven to meet the standards of today’s highly competitive marketplace. Know more about the cost of living and eligibility by watching episode 21 of loanflix
How much education loan can I get for the UK?

You can receive up to 1.5 crores as funding for your education loan on going through with public banks
What is the 28-day rule for a UK visa?

If the loan amount is disbursed into your account, you must demonstrate that the funds were there for 28 days in a row and that the 28 days fell within the 31-day window after your VISA application. The 28-day rule is not applicable if you are using your loan sanction letter. Apply for an education loan for the UK from WeMakeScholars.

NEWS

University of East Anglia Launches Advanced MSc in Business Analytics and Management for Aspiring Professionals

The University of East Anglia (UEA) has launched an upgraded MSc in Business Analytics and Management, designed to provide students with cutting-edge knowledge and practical skills. Managed by experts at Norwich Business School, the program offers a variety of options, including developing a business plan, work placements, dissertations, or work-based projects with UK businesses. Eligible candidates can apply on the official UEA website

A standout feature is the business plan module in the third semester, where students refine their skills by creating a sustainable business plan and pitching it to investors. The curriculum covers vital areas like marketing, planning, budgeting, finance, and legal aspects, offering a comprehensive education.

UEA prioritizes experiential learning, providing practical opportunities for students to gain valuable insights and skills. By combining theory with real-world application, the university prepares students for success in the dynamic business environment. The program also equips students to effectively communicate their business offerings to investors and potential staff members.

Last Updated - 14/07/2023

UK Government's Second Ballot Opens for Young Professional Scheme: Indian Citizens Aged 18-30 Offered Work Opportunity

The UK government has announced the opening of the second ballot for the Young Professional Scheme, targeting Indian citizens between 18 and 30 years. Launched this year, the scheme allows Indian citizens with graduate or postgraduate qualifications to live and work in the UK for up to two years, with the flexibility to enter and leave the country during their visa's validity.

About 3,000 places are available for the India Young Professionals Scheme visa in 2023, with the remaining positions to be assigned in the July ballot. Successful candidates must apply for their visa within a specified deadline after receiving an invitation. The scheme offers a valuable opportunity for young Indian professionals to gain international work experience.

Last Updated - 27/07/2023

UK May Ease Visa Rules for Indian Professionals in FTA

The United Kingdom is reportedly considering loosening visa rules for Indian professionals under its Free Trade Agreement with India. While discussions are ongoing, the UK's willingness to relax some visa requirements for Indian skilled workers has been revealed by anonymous Indian officials.

However, these potential changes are expected to be limited in scope, as immigration remains a sensitive political issue in the UK. Historically, the UK has been resistant to concessions on visa and immigration rules, largely due to concerns over controlling immigration levels, especially since the Brexit vote in 2016.

Past negotiations between India and the UK encountered obstacles, including disagreements over access for skilled Indian workers. UK Home Secretary Suella Braverman's reservations about visa relaxations further complicated matters. India has emphasized the need for both nations to honor their migration understanding and requested data on overstaying Indian business visitors.

The UK faces challenges in managing immigration, with record-high net migration and a substantial number of residence visas granted to Indian workers. Current discussions are centered on potentially offering time-limited business visas for highly skilled workers.

In recent months, the UK has implemented measures to restrict immigration and limit options for existing immigrants.

Last Update- 24/08/2023

Record Number of Indian Students Choose UK for Higher Education in 2023

In the year ending June 2023, the UK witnessed a significant surge in international students, with Indian students leading the way. A total of 3,287,404 visas were granted, marking a 58% increase compared to the previous year. Of these, 498,626 were sponsored study visas, reflecting a 23% rise.

Indian students secured 142,848 of these sponsored study visas, which is a 54% increase from the previous year. This growth in Indian student visas has been consistently rising since June 2019. Following closely were Chinese nationals, with 107,670 sponsored study visas.

The majority of visas, a significant 91%, were allocated to higher education institutions, including universities. Other institutions, such as tertiary, further education, and independent schools, also benefited.

A noteworthy change was the increase in visas granted to dependents of students, rising from 17% in the previous year to 24%.

The "Confirmation of Acceptance for Studies" (CAS) system played a pivotal role in facilitating this influx, simplifying the process for students to study at approved UK institutions. Introduced in October 2020, the Student visa replaced the Tier 4 (General) Student visa, providing a streamlined pathway for students aged 16 and over to pursue their education in the UK.

Last Updated - 05/09/2023

Odisha's Berhampur University Partners with UK's CEFAS for Marine Science Scholarships

Berhampur University in Odisha has partnered with the Association of Commonwealth Universities (ACU) to launch the Ocean Partnership Program (OCPP).

This collaboration includes support from the UK's Centre for Environment, Fisheries, and Aquaculture Science (CEFAS), which will provide scholarships for a minimum of five students from Berhampur University's Marine Science Department.

The Memorandum of Understanding (MoU) has a minimum two-year term and can be extended as needed by ACU and Berhampur University.

These scholarships will aid research in marine pollution, sustainable seafood, and marine biodiversity. ACU, on behalf of CEFAS, will cover tuition fees and living expenses for the selected students.

Berhampur University's Vice-Chancellor, Geetanjali Dash, expressed her enthusiasm for the partnership, stating, "We've signed an MoU with ACU for OCPP implementation. We'll also explore further collaborative research and student-teacher exchange programs."

This partnership promises to advance marine science research while promoting academic exchanges, further establishing Berhampur University as a regional hub for marine science research."

Last Updated- 07/09/2023

UK to Raise Student and Tourist Visa Fees Effective October 4

The UK government, led by Prime Minister Rishi Sunak, has announced a significant increase in visa fees, set to take effect from October 4. UK Tourist Visas for stays under six months will cost an extra ₹1,543 (£15), affecting travelers worldwide, including Indians. UK Student Visas will also become ₹13,070 (£127) more expensive for applicants globally.

The fee hike extends to work and tourist visas, with an anticipated 15% increase for most visas and at least 20% for priority visas, study visas, and certificates of sponsorship.

The increase applies to various visa categories, including health and care visas, citizenship applications, visit visas of different durations, and work and study visas.

To break it down:

UK Student Visa Fees: Rising to ₹50,428 (£490) for applicants outside the UK.
UK Tourist Visa Fees: Increasing to ₹11,835 (£115) for stays under six months.
UK Work Visa Fees: Skilled worker visa applicants will pay £718 (₹77,147) for certificates of sponsorship of three years or less.

The fee adjustments aim to support the National Health Service (NHS) and public sector wage increases, raising over £1 billion. The government argues that this is necessary as fees have not been updated to reflect rising costs.

Last Updated - 20/09/2023

British Council Calls for Applications: Study UK Alumni Awards 2024 to Honor Global Achievements

The British Council has opened applications for the 2024 Study UK Alumni Awards, celebrating the achievements of UK alumni worldwide. These awards encompass four categories: science and sustainability, culture and creativity, social action, and business and innovation. Eligible applicants can vie for recognition on both global and national levels.

Winners of the Study UK Global Alumni Award will receive an opportunity to enhance their international presence, expand their professional networks, and participate in a career-boosting networking visit to the UK. The deadline for application submission is October 22, 2023.

Several countries, India included, will host national ceremonies to honor their finalists. The global award finalists and winners will be revealed in 2024.

The British Council highlights the UK's enduring popularity as a study destination for Indian students. In recent times, the number of Indian students in the UK has significantly increased, with 142,848 sponsored study visas granted to Indians in the year ending June 2023—a 54% surge compared to the previous year, according to the UK Home Office data.

Last Updated - 17/10/2023

UK Government Takes Steps to Enhance Visa System for International Students

Earlier this year, the UK government, led by Rishi Sunak, unveiled new immigration and visa rules for international students, effective from January 2024. Under these changes, international students arriving on a student visa won't be able to switch to a skilled worker visa until they complete their courses. Home Secretary Suella Braverman announced additional adjustments on May 23rd, including the removal of the right for most international students to bring dependents to the UK and the restriction on switching visa types before completing education.

The government aims to tackle net migration, which reached 606,000 in 2022, and address concerns about misuse of the system. The decision stems from the observed 750% increase in dependents entering in 2022, viewed as offering limited economic contribution compared to skilled workers.

Impacts of these changes include potential hardships for postgraduate students without research-focused programs, reduced net migration, financial strain on UK schools and universities relying on foreign student fees, and potential economic repercussions. The adjustments have sparked varied reactions, with international students expressing distress while 140 UK universities welcoming the move. The government argues these reforms will protect public services and support the economy by prioritizing students who contribute significantly. The ultimate hope is that the changes, once implemented, won't adversely affect international students.

Last Updated- 29/01/2024

Our Education Loan team will help you with any questions

2 Comments

Pranav Jain

sda

21 Apr, 2022 at 04:40 PM REPLY
1. Paravesh Saireddy Scholarship Expert
  
  Hi Pranav! Can please eloborate.
  
  22 Apr, 2022 at 12:26 PM REPLY

Naresh Kumar
WeMakeScholars- supported by IT Ministry, Govt. of India.

Published: 02 Jan, 2023 | Updated: 03 Dec, 2024