While the modifications could be advantageous for public sector employees, they will be very expensive for international students. This is a crucial period for both present and future students since these actions may jeopardize their academic and professional goals in the UK.
To study in the UK, an international student must first secure a visa. They must also pay an immigration health surcharge (IHS) as part of the application procedure in order to use the National Health Service (NHS), which is the government-funded healthcare system available to UK citizens. Depending on the length of the course, these procedures might occasionally cost over a thousand pounds. The UK government recently announced a hike in the fees for IHS and visa applications. John Glen, the Chief Secretary to the Treasury, claims that this choice will assist strike a balance between the needs of the nation's economy and those of the public sector workers.
When taken as a whole, the increased visa and IHS fees are a part of the UK government's strategy to earn up to £1 billion in order to pay for the 6 to 6.5% projected wage increase for public sector employees. From that perspective, the UK economy will benefit. However, this cost rise would have a considerable impact on international students.
a description of the new immigration health surcharge price and student visa changes
People entering the UK on the majority of visa types are required to pay an annual IHS charge of £625. Student pricing for the price is £470. After the hike, the majority of visa applicants will pay £1,035 annually, while students will pay £776. As candidates pay in advance, there has been an approximate 66% increase, and the price is non-refundable.
Although less than the IHS, the increase in the cost of processing student visas for the UK is nevertheless substantial. Although the precise proportion is unknown, studies indicate a 15% increase for work visas and 20% for other types of visas. A short-term study visa application costs £200; after a 20% rise, the new cost will be close to £240. Similarly, a long-term study visa will cost about £435 instead of the current £363.
Consequences for Foreign Students
To account for the upcoming cost rises, international students in the UK will need to make considerable financial changes. For four years in the UK, IHS fees will cost an international student a total of £1,880. However, given the recent modifications, that may cost up to £3,100 in IHS fees alone. In the post-study work application stage, the cost is much higher because they no longer pay the discounted rate.
As previously mentioned, the IHS price will rise to £1,035 annually for the majority of visa categories. That includes the Graduate visa as well, which the majority of overseas students will apply for after completing their coursework. The IHS charge is £2,070 for two years, while the cost of applying for a graduate visa, which is now £715, is anticipated to rise to about £822. In other words, from £1,963, students will pay up to £2,890.
To put it another way, foreign students will pay up to £2,890 instead of £1,963.
In the UK, many foreign students have dependant family members who must also pay the IHS surcharge. For instance, the IHS expenses for a student with three dependents (a husband and two children) might total more over £7,000. In addition, the UK government is raising the fee for requesting Indefinite Leave to Remain (ILR). Students who want to live in the UK permanently must take that into account. It is anticipated that the current application fee of £2,404 will rise by 20% to around £2,884. From the time of university enrollment through ILR status, the total cost of visa applications and renewals might reach £15,000.
Challenges and Additional Consequences
Following the rising IHS and immigration costs, many international students may experience financial challenges. Some people might have to apply without their family members in order to save money, and this could cause emotional issues if they are apart from them for a long time. The fee hike can also result in fewer people applying for student visas. The intellectual and cultural variety of UK schools may be impacted over time by this. International grads' ability to find employment is also in jeopardy. Employers will spend more money hiring foreign workers since graduate visas and skilled worker visas are more expensive. Another effect is that more graduates may decide to leave the UK, which would result in a loss of talent and expertise for the economy of the nation.
Conclusion: Understanding the New Visa Application and IHS Fee Changes
There are a few tactics that international students in the UK can use to mitigate the effects of the increased visa application and IHS fees. Planning ahead is crucial for potential students who have not yet started their visa applications. They should take into account all of the expenses related to studying in the UK. Along with the visa processing fee, health surcharge, and tuition, other expenses including transport, subsistence, and lodging are also critical. Part-time employment is a possibility for students who are in the UK on a long-term study visa. UK legislation permits students to work 10 to 20 hours per week while classes are in session and full-time when classes are not in session. Students might also get grants and scholarships to assist cover their costs.