Sponsored
News

How Restrictions On Overseas Student Visas Affected UK Universities

Sponsored
Sponsored

The total income of the British higher education sector in 2022-23 was just over £50 billion ($66 billion), most of it from tuition fees and grants, according to a House of Commons research paper.

 

Typically, international students pay more in tuition fees than their domestic counterparts and have become a lucrative source of income for many institutions.

 

But the previous government under Conservative ex-prime minister Rishi Sunak slapped restrictions on overseas student visas. They were also banned from bringing their families, as part of a crackdown on record levels of immigration.

 

In the first four months of 2024, there were 30,000 fewer applications from overseas than in the same period in 2023, according to official statistics.

Universities have been warning for months about the effect on their finances, with fears shortfalls could see them slash courses and force some to the wall.

Mapstone told a UUK conference in Reading, west of London, that the current deficit in the sector was £1.7 billion for teaching and £5 billion for research.

She urged “investment and support” from the government to maintain world-class teaching and research.

Restrictions on visas for international students are causing financial hardship for the United Kingdom, UK, universities. They said this on Thursday, calling for a hike in domestic tuition fees to offset yawning deficits.

The president of Universities UK, UUK, which represents 141 British higher education institutions, said all its universities were “feeling the crunch” since the curbs came in last year.

Sponsored
Alinnor Arinze

Recent Posts

Proposed Increase In Pension Contributions: A ‘Greek Gift’ To Workers

The Organized Private Sector of Nigeria (OPSN), comprising the Manufacturers Association of Nigeria (MAN), the…

2 hours ago

Nigeria And The New Demands of Regional Leadership

BY ADEMOLA OSHODI  The international environment is placing a heavier responsibility on Nigeria. Regional security…

2 hours ago

Dangote Refinery Rakes-In $2.5bn In Completed Landmark Private Equity Placement

Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement…

3 hours ago

UPDATE: DSS To Appeal Life Term Sentence of Three Oriire Abduction Convicts

The Department of State Services (DSS) says it will appeal the life imprisonment sentence of…

3 hours ago

WASPAN Appeals Court Ruling, Seeks To Nullify FCCPC’s DEON Consumer Lending Regulations

The Wireless Application Service Providers Association of Nigeria (WASPAN) has approached the Court of Appeal…

4 hours ago

FAAN Records Over 4.85million International Passenger Movements In 2025, A Y-on-Y Increase of Over 10 Per Cent

  As international travel continues to gain momentum among Nigerian travellers, industry professionals are warning…

4 hours ago
Sponsored