+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Australia cracks down on International students; more than doubles student visa fees!

Jul 1, 2024, 18:04 IST
Business Insider India
Representational image (Credits: Yakobchuk)iStock
Australia has significantly ramped up efforts to manage its surging immigration numbers, with international students caught in the crossfire. Effective July 1, the cost of applying for a student visa skyrocketed from A$710 (Rs 40,000) to a hefty A$1,600 (nearly Rs 90,000). This more than doubles the previous fee and makes Australia's student visa the most expensive among major study destinations.
Advertisement

This move is part of a broader government strategy to address Australia's record-breaking migration rates, which have put a strain on housing and infrastructure. Official figures show net immigration soared 60% to an unprecedented 548,800 people in the year ending September 2023.

The increased visa fees are just one piece of the puzzle. Australia is also closing loopholes that previously allowed students to extend their stay indefinitely by applying for new student visas. This comes after a significant rise in students on their second or subsequent student visa, with numbers exceeding 150,000 in 2022-23.

This tightening of student visa regulations follows a series of similar measures implemented since late 2023. Earlier actions included stricter English language requirements and an increase in the financial resources international students must demonstrate to qualify for a visa (from A$24,505 to A$29,710).

The higher costs and stricter rules haven't found favour with everyone. Universities Australia CEO Luke Sheehy expressed concern that these changes could damage Australia's competitive edge in attracting international students. "This is not good for our economy or our universities, both of which rely heavily on international student fees," Sheehy stated. International education is a major contributor to the Australian economy, generating A$36.4 billion in the last financial year.

Advertisement

While the government aims to manage immigration and ease pressure on housing, it remains to be seen how these policies will impact Australia's long-term standing as a premier destination for international students.
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article