Loading
The United Kingdom (UK) is one of the most popular academic hubs in the world. While the student visa allows you to study abroad, the post-study work visa lets you work after completing your studies. So, let’s understand what a post-study work visa means, PGWP eligibility criteria, PGWP processing times, and other interesting details.
Key Highlights
In the UK, thousands of overseas students apply for the PGWP to stay and explore jobs in the country after completing their study programs.
Also Read: Everything you need to know before pursuing higher education at UK university without IELTS
The UKVI stands for UK Visas & Immigration. The UKVI post-study work visa allows students to stay in the country for a minimum of 2 years after completing their course. Whereas, students with PhD or doctoral qualifications are allowed to stay for 3 years. This step is taken to retain the brightest students and help them explore lucrative career opportunities in the UK. This visa is also known as the UK Graduate visa. This new graduate route can be availed by all students, enrolled at UK universities. To get a Permanent Residency (PR) in the UK after studies, students must apply for a post-graduation work permit and then work in the country for a minimum of 5 years.
Also Read: University of Oxford in UK
The UK government introduced several changes in their post-study work permit, which are effective from January 2024. These changes are as follows:
With these minor changes, the UK post-study work visa allowing foreign students to stay and work in the country after completing the study program is available for 2024.
With a Graduate visa, you cannot:
Also Read: Your Complete Guide to Studying in the UK
To apply for a post-graduation work permit, here are some of the requirements:
After applying for the post-graduate work permit and submitting the necessary documents, you will get a decision within 8 weeks if you meet their criteria.
Once the visa expires, aspirants need to apply either for a skilled worker visa or a Tier 2 (general) student visa to stay longer in the UK.
With this information about the post-study work visa, you can plan your journey. If financial constraints are troubling you, you can apply for a loan for studying abroad purposes. A study loan helps finance higher education without using your family’s savings. At Avanse Financial Services, we offer hyper-personalised education loans with benefits like 100% finance, multiple repayment options, and quick loan sanctions. Feel free to contact us to know about education loan interest rates, the loan documentation process, etc.
We always aim to offer you competitive interest rates on your Avanse Education loan.
The rate of interest on your loan is calculated as: Interest Rate = Avanse Base Rate +
Spread.
Our current Base Rate is 14.25% (WEF 01.05.2023).
The Spread is floating and is based on analysis of overall credit and course profiling.
This rate is subject to the terms and conditions of Avanse Financial Services Ltd.