Foreign nationals must now show £1,483 proof of funds to study in UK

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Foreign nationals must now show £1,483 proof of funds to study in UK
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The amount a foreign national must show as 'proof of funds' to study in the United Kingdom has been increased.

The amount a foreign national must show as “proof of funds” to study in the United Kingdom has been increased.

Foreign nationals looking to study in a given country or city are often required to prove they have sufficient savings to pay the bill.fixed at around £1,334 while that of the cities outside London is at £1,023.a new set of rules that has raised these rates.Under the new rules, which were released on Tuesday, students going to London will have to show evidence of having £1,483 per month.

If a student has already paid a deposit for accommodation in the UK, this can be offset against the total funds they need to show. The Home Office said it will continue to update the financial requirement in line with inflation and domestic maintenance loan increases.

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