The summary of ‘UK Graduate visa updates | New PSW Changes from 14th May 2024 | Your Knowledge Buddy’

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The YouTube video discusses changes to the UK's Graduate Visa program, particularly focusing on eligibility criteria and application processes. Concerns around misuse of study visas for immigration and the impact on international student enrollments are highlighted. The Home Secretary has ordered a review of the Graduate Visa to assess its effectiveness and contribution to the economy. The importance of the Graduate Visa for UK job growth and global ambitions is underscored by UK universities. Overall, the video emphasizes the evolving landscape of international student policies in the UK and the implications for higher education and immigration trends.

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In this segment of the video, it is discussed that the UK government removed the right for most international students to bring family members with them to the UK starting on Jan 1st, 2024. Only students doing research-based courses are now allowed to bring dependents. The Graduate Visa, known as PSW (Post Study Work), is being reviewed by the Migration Advisory Committee (MAC) due to concerns about applicant numbers and alignment with the UK’s interests. The review is expected to be completed by May 14, 2024. Eligibility criteria for the Graduate Visa include being in the UK when applying, passing exams to obtain a degree, and having a last Visa category as a student Visa. Students who switch to different Visa categories may face restrictions on their eligibility for the Graduate Visa.

00:03:00

In this segment of the video, it is discussed that for the Graduate Visa, one must have had their last visa as a student visa and the University must confirm course completion to be eligible. The cost of the application includes an £822 fee and a healthcare surcharge of around £135 per year, totaling £2892. The Home Secretary has ordered a rapid review of the Graduate Visa to prevent misuse, especially by those using study visas to immigrate. The review will also look into post-graduate international student trends, including transferring to skilled worker visas. The areas of consideration for the review include examining the route’s effectiveness and contribution to the economy, identifying user demographics, and evaluating impacts on the UK higher education system.

00:06:00

In this segment of the video, it is mentioned that the PSW (Post-Study Work) option will remain open for current year students. The importance of the Graduate route Visa for UK job growth and global ambitions is emphasized by UK universities. Data indicates a decrease in international student enrollments, particularly at the postgraduate level, with a reported drop of over 40% in 2024 potentially due to changes in immigration rules. The audience is asked to share their thoughts on the Graduate visa in the comment section.

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