Economic Times. As per the report, this comes as a result of various factors including rising aspirations for a foreign education and career, an increase in applicants from Tier 2 and Tier 3 cities.
Moreover, this also comes as foreign institutions increasing their focus on India by offering more financial aid and scholarships. As per the report, this record surge in Indian students for studying abroad also comes amid a drop from Chinese student applications.
Study abroad platform Leverage Edu CEO Akshay Chaturvedi told ET, "The competition for talent from India has increased multifold after the pandemic, so scholarships and bursaries have increased as well." Some consultants have also stated that the students going for the fall session has doubled than last year while some have added many enrolments have come from Tier ⅔ cities. Collegify CEO Adarsh Khandelwal has told ET that “The number of students going for the fall session has doubled since last year." Speaking on US intake of Indian students for this fall, Piyush Kumar, regional director -South Asia and Mauritius, IDP Education told ET: “This year has been incredible; the number has increased, and probably more than pre-pandemic year.
About 25-30 percent of US enrolments have come from Tier 2/3 cities." Another consultant Sumeet Jain who is the co-founder of study abroad consultancy Yocket told the daily that “With China numbers reducing, a lot of universities have started focusing on India. We have a great rise in numbers in Indian students." Meanwhile, the UK PM Rishi Sunak-led government has decided to implement a hike on student visa and visitor or tourist visa effective from 4 October.
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