Every August is the largest dose of Indian students heading abroad for higher studies usually to the US. It’s called the autumn season. But this year the numbers tell a different story. Non-banking financial companies (NBFCS) recorded a 25-50% decline in applications for studying in the US, as well as advisors who help students navigate the process of receiving a study abroad in the middle of the unavailability of visa slots.
However, the decline is expected to be temporary. While some students follow universities in other countries or postpone their acceptance by a year, the number of aiming to the US is likely to increase again by the next fall.
“US students’ enrollment has declined significantly due to the unavailability of visa slots… The unavailability of visa slots has led to 25% of students to end or waited for the next round to consider other popular destinations for foreign education,” said Piyush Kumar, regional director, Canada and Latin.
Since the beginning of the Presidency of Donald Trump, many parents have not canceled the tensions between several American universities and the government in India. Delays in the slots for visas, demand for greater control of social media profiles who focus on studying in the US, among other things, forced university and postgraduate students to consider targets outside the US.
According to the latest data shared by American student and exchange visitor program (SEVP) and students from India in 2024 increased by 11.8% compared to 2023. They are students holding the F-1 and M-1 visas. The first is offered to students whose primary purpose is to complete the academic course of study, while the second is to perform professional courses. SEVP is a web system that the Ministry of Internal Securities uses “to maintain and manage information” with foreign students.
NBFCS together with banks offering student loans have seen a decline in applications. “Initially, after Trump’s elections, there was about 20% decrease in students’ interest for American programs. After the visa’s pause, the impact was deepened, with a 50% decrease in applications, especially from the southern India area, which traditionally served as a strong node for the US market,” Ankit Mehra He ons.
In May, the US government ordered its embassies to stop planning new interviews for international student visas.
Previously, the US Embassy in India warned students that skipping classes or abandoning the program without informing offices would lead to the abolition of visas, as Trump’s administration deployed overseas students to stop planning new interviews for international student visas.
For non -banking creditors, the average size of a loan ticket for study in the US £40 Lakh. Other popular geography among Indian students include the United Kingdom, Canada and Australia. The four-year university degree from any of these countries could return one by $ 55,000-100,000 a year.
However, the decline in applications should be stabilized in the next 12 months and then increase. “We expect the recovery to start in the fall 26,” Mehra said. Students are heading towards higher studies in the autumn season, which is usually in August to September and a smaller batch head for February March.
Surprisingly, many students are willing to postpone their courses or wait a year and then reuse. “Students who cannot ensure admission this year are re -applying, creating a rush and making scholarships more difficult to secure.
Advisors such as Namrata Pandey, founder of La Mentoraa, an organization that specializes in helping students to gain admission to universities in India and overseas, are optimistic. “About 50 students are heading to the US this autumn and there are a few who have not received their visas. The only difference is this year, parents are considering the possibilities of studying in India as seriously as if in us.”
(Tagstotranslate) non -banking financial companies
