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Re: Nigerian Students In The Uk How Do You Survive? by spikesC(m): 4:06pm On Jun 26, 2016 |
OlowoB: Graduate Entrepreneur visa? Are you joking? Anyone who has £200k as personal investment funding is not coming to UK to spend 10 years for ILR. If that person has £50k valid investment funds, he's also definitely not going to spend 10 years for ILR. Tier 1 visa is 5 years for ILR |
Re: Nigerian Students In The Uk How Do You Survive? by Whatamidoinghere(m): 6:50pm On Jun 26, 2016 |
OlowoB:What's the current rate? Changing (£11,600 and £9,315) in Naira, kindly help with this using the normal exchange rate. Thanks |
Re: Nigerian Students In The Uk How Do You Survive? by OlowoB(m): 8:43pm On Jun 26, 2016 |
Whatamidoinghere: The current Oanda exchange rate for today is .......£1 = 377.947 naira. At that rate above, £11,600 * 377.947 = 4,384,185.2 naira 9,315 * 377.947 = 3,520,576.30 naira. Please note, the Oanda rate is only adviced to be used by the home office for maintenance funds and balance of school fees (if any) to be placed in account for 28 days. Also note that these rates do change on a daily basis (due to the new floating exchange rate by CBN) and the rate for today cannot be relied upon for future calculations. Cheers 1 Like |
Re: Nigerian Students In The Uk How Do You Survive? by OlowoB(m): 11:49pm On Jun 26, 2016 |
spikesC: You are mixing it up big brethren. The Graduate Entrepreneurship Visa I am talking about is different. You can apply for a graduate entrepreneurship visa (tier 1 visa) if you have a solid business plan and you have a Uk recognised Bsc or masters degree. You must Also be endorsed by a Unjveristy that is an authorised endorsing body (not all universities can endorse your business plan). If you are applying in uk it will cost you £465 and £342 outside UK. All you need to show in your bank account is £945 of inside UK or £1,890 if outside Uk. The money must be in your account for 90 days. They will give you 1 year visa and you can also apply for another 1 year after the initial 1 year visa expires. This graduate entrepreneurship may be good for masters students who wants to quickly make money for 1 year after their masters before returning to Naija. But the condition is you must have a string business plan, your school must be an authorised endorsing bidy and must have just £945 in your account for 90 days. This is another sure 1 year visa extension route in UK I just checked now and there are close to 100 UK schools that are part of the authorised endorsing body. |
Re: Nigerian Students In The Uk How Do You Survive? by spikesC(m): 12:58am On Jun 27, 2016 |
OlowoB: Forgive me, i thought you meant Entrepreneur visa. Nevertheless, the years spent on it doesn't count to your 10yrs |
Re: Nigerian Students In The Uk How Do You Survive? by Whatamidoinghere(m): 2:52pm On Jun 27, 2016 |
OlowoB:Thanks a lot |
Re: Nigerian Students In The Uk How Do You Survive? by ocheejemb: 3:39pm On Jun 27, 2016 |
justwise:2014 |
Re: Nigerian Students In The Uk How Do You Survive? by ocheejemb: 5:50pm On Jun 27, 2016 |
Interesting, wow. Thanks. justwise: |
Re: Nigerian Students In The Uk How Do You Survive? by justwise(m): 7:10pm On Jun 27, 2016 |
ocheejemb: Yes that is possible because the new rule was introduced last year or so. Those who started the combination before the rule was introduced will not be affected |
Re: Nigerian Students In The Uk How Do You Survive? by ocheejemb: 7:37am On Jun 28, 2016 |
justwise: Interesting. So with these new rules someone like my friend who legitimately wants to study from pre-degree all the way to PhD, while contributing well over £100000 to them can't? |
Re: Nigerian Students In The Uk How Do You Survive? by justwise(m): 10:09pm On Jun 28, 2016 |
ocheejemb: He can come to the UK to study but if his intention is to get ILR through 10yrs studying here then somebody need to physically restrain him. 1 Like 1 Share |
Re: Nigerian Students In The Uk How Do You Survive? by gratefulme40: 3:10am On Jun 29, 2016 |
justwise: Hi Justwise......I am applying to switch from tier 4 to tier 2. My sponsor is A rated has stated ticked in my CoS that they certify maintenance for me. Do I still need to have maintenance money in my account? |
Re: Nigerian Students In The Uk How Do You Survive? by justwise(m): 6:48am On Jun 29, 2016 |
gratefulme40: I will read up on this and get back to you. |
Re: Nigerian Students In The Uk How Do You Survive? by fizzile(m): 7:53am On Jun 29, 2016 |
Guys,please don't be angry that am taking you guys
back. I still want to understand the 28days counting
rule. Please come to my rescue. Now this is how the
lil ish goes. As at a month or two months back,I had
the entire maintenance and tuition in my dad's
account intact. Then as at 17th of this month, tuition
had been deducted including bank charges @ the
rate of 285. Now my questions are:
1. Will it be right to have started counting the 28days
from that period?
2. Do I have to start counting presently with the new
rate of 377?
3. What's the way forward please.
4. I need to send my statement of account to get my
CAS, do I use d cbn rate to calculate the remaining
tuition or I use Oanda.com.
Please help out. Sorry am dragging you guys back.
cc: justwise,OlowoB. |
Re: Nigerian Students In The Uk How Do You Survive? by dustydee: 8:21am On Jun 29, 2016 |
gratefulme40:I switched like you and didn't show any maintenance fee. Recently renewed and still didn't. Your sponsor usually guarantees it and UKBA will also be made aware of your salary so no need. You may need to show maintenance funds for other family members though except if your company is applying for them. |
Re: Nigerian Students In The Uk How Do You Survive? by ocheejemb: 9:19am On Jun 29, 2016 |
gratefulme40: https://www.gov.uk/tier-2-general/eligibility You don’t need to have £945 in savings if your sponsor is fully approved (‘A-rated) and they have stated on your certificate of sponsorship that you won’t claim benefits during your stay. |
Re: Nigerian Students In The Uk How Do You Survive? by ocheejemb: 9:20am On Jun 29, 2016 |
justwise: Indeed. |
Re: Nigerian Students In The Uk How Do You Survive? by Bourne007(m): 9:30am On Jun 29, 2016 |
No you don't need any maintenance money in your account as the requirement for maintenance has already been met. gratefulme40: |
Re: Nigerian Students In The Uk How Do You Survive? by gratefulme40: 11:20am On Jun 29, 2016 |
Thanks guys for that quick response. |
Re: Nigerian Students In The Uk How Do You Survive? by OlowoB(m): 12:14am On Jun 30, 2016 |
fizzile: Hello fizzle, if you have any further questions which you need answers to ASAP and you are not getting them on here, you can always contact the International department of your school. Please also note that my personal opinion will be in black and home office rules will be in blue. (1) You can use the money your dad has already placed in the account since last year sef provided the money is able to cater for both your maintenance fees and balance of school fees at the current exchange rate on OANDA and the printed bank statement must be recent. Let me explain in simple terms......you want to print out your bank statement and send to your school to collect your CAS right? Just go to the bank and print out from June 1st to June 29 (that coves the 28 days period). Please make sure that the amount you will print out covers your maintenance fees and balance of school fees at Oanda's current exchange rate (this is what i will suggest). The school will likely use the rate of the day you printed it out (i may be wrong but confirm from the international/Admissions department of your school). After collecting your CAS, use the same bank statement for application of your VISA within 31 days (not more than 31 days). The home office states that your money must be in the bank for 28 days ending no more than 31 days before the date of your application. Simply put,once printed, use it within 31 days for your application. (2) The most important thing is that does the money in the account cover your maintenance fees and balance of school fees at the current Oanda Exchange rate? It will be preferable that whichever day you would print out the statement, check the current exchange rate of that day and make sure that when you do the calculations, it covers your maintenance and balance of school fees. If you will print it out today and send to your school, it is likely that the school will use the current exchange of that day (i doubt they will use the exchange rate of 2 months ago) to judge your statement . I have advised that with this fluctuating exchange rate, to be on the safe side, students should put in extra money in their accounts. Please if the money you have in your account at the moment (i think you already used the rate of 2 months ago to fix the money) will not be able to cover maintenance fees and balance of your fees at the current exchange rate, DO NOT PANIC. I will suggest you contact your school to seek their opinion before starting another 28 days count. Home office on their website suggests that they will use exchange rate of the day you submit and pay for your application online but i strongly believe that with this fluctuating exchange rate, once you get your CAS (the school would have also verified your statement of account and trust me, the school needs your money and they would not want you not getting your visa), do your application online and go for your interview with the same statement of account verified by the school, you will get your visa. For your school fees and maintenance, it is always OANDA rate that you must use. [b]Finally, for your questions, you are not dragging anyone back. Ask as many as you wish. He who asks, can never go astray. I wish you all the best bro/b] 1 Like |
Re: Nigerian Students In The Uk How Do You Survive? by fizzile(m): 12:24am On Jun 30, 2016 |
OlowoB:Great. Topnotch. Now I get it clear. Thanks boss. Inshort I have to change your name to dependable OlowoB. Atleast between the month of July and August, I should be able to sort that out. Thanks a lot. |
Re: Nigerian Students In The Uk How Do You Survive? by spacyzuma(m): 12:13pm On Jun 30, 2016 |
Unto Brexit... As Cameron is leaving, the Tories are preparing to vote for their next leader. Boris Johnson is not running. Theresa May is a candidate. If you school in England, or intend to, better hope that Theresa May doesn't get that role o! She's responsible for the tighter restrictions for overseas students and workers. 3 Likes |
Re: Nigerian Students In The Uk How Do You Survive? by Bourne007(m): 2:05pm On Jun 30, 2016 |
International students is key to the UK government. Even if Theresa May becomes Prime Minister, can it get tighter than what it is now especially with the cancellation of PSW. I doubt. I'm sure OlowoB don dey happy now since he voted leave hehehe. spacyzuma: |
Re: Nigerian Students In The Uk How Do You Survive? by OlowoB(m): 4:32pm On Jun 30, 2016 |
spacyzuma: As in ehn, that Theresa May NA another wintch. E just be say NA from frying pan to fire. If she becomes PM, I pity all students that will be coming to UK from next year cos that woman will make it very difficult for incoming students. On the other hand, I still stringly feel UK needs internationals students money and so the only thing that woman may do is to probably remove the extra 4 months they give students after 1 year visa or probably probably ...... Maybe ban students from working (this is almost impossible but that woman can do anything). Definitely that woman will make things more tough for international students, no doubt about it. 1 Like |
Re: Nigerian Students In The Uk How Do You Survive? by OlowoB(m): 4:38pm On Jun 30, 2016 |
Bourne007: See bro, I am only concerned for future students coming to Uk. And with all the money students pay in Uk, I still feel it is unfair how they are the major ones been affected with all this new immigration rules. Well, I don't blame them, I blame all the past leaders of Naija if not Uk is not even supposed to be near our level as of today. It is well. 5 Likes |
Re: Nigerian Students In The Uk How Do You Survive? by mcstar(f): 6:13pm On Jun 30, 2016 |
OlowoB: Thank you for this post. I found it really helpful. |
Re: Nigerian Students In The Uk How Do You Survive? by Whatamidoinghere(m): 9:16pm On Jun 30, 2016 |
Cc: OlowoB Justwise and others A friend needs help..... Guys, what about if my friend gets a MasterCard for Nigeria bank account and the maintenance money is been transfered into it, then get to school and open a UK bank account. Then he withdraw all the money in the Nigeria bank account, then save it into the UK bank account. Hope it's okay that way, or what do you guys suggest been the best thing to do in going along with the maintenance fee. Thanks as you answer. |
Re: Nigerian Students In The Uk How Do You Survive? by spacyzuma(m): 9:46am On Jul 01, 2016 |
Whatamidoinghere: To withdraw all that money using the Mastercard? How many times will (s)he do it? Don't forget all Nigerian banks now put limits of daily withdrawals, and they charge for each withdrawal. Such a shame that we're in this situation now. In early 2013, I was able to withdraw up to £1000 cash in UK from my Nigerian account. Your friend should find another way to transfer all or most of the money in bulk to a UK account. He could use an intermediary who owns both Nigerian and UK accounts. |
Re: Nigerian Students In The Uk How Do You Survive? by justwise(m): 9:55am On Jul 01, 2016 |
Whatamidoinghere: I don't think that is possible. With the withdraw limit and the cost of withdrawing from Nigerian account it will be an expensive and probably counterproductive |
Re: Nigerian Students In The Uk How Do You Survive? by Whatamidoinghere(m): 12:57am On Jul 02, 2016 |
justwise:Thanks bro. What do you suggest then?? |
Re: Nigerian Students In The Uk How Do You Survive? by Whatamidoinghere(m): 12:58am On Jul 02, 2016 |
spacyzuma:Thanks for the answer. |
Re: Nigerian Students In The Uk How Do You Survive? by shinym(m): 12:40pm On Jul 02, 2016 |
OlowoB: Nice work! |
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Canadian Federal Skilled Worker Program-timelines Here / U.S. Non-immigrant Visas: We’re Listening / Canadian Student Visa Thread Part 14
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