Australian Government lowers entry requirements for international students

The Australian Government has finally responded to collapsing demand in the international education market. In the past, university applicants from most Asian countries including Nepal had to prove that they or a close relative had sufficient money to provide three year's worth of financial support for the student's study in Australia.

Under the new rule, students will only have to show 2 years's worth of financial support. This means that potential Nepali students will have to show that they have around $65000-70000 instead of $100,000 to meet tuition fees and living expenses. If this change does not have a positive effect on the student intake,  the Government will also have to rethink its Policy on skilled migration.