Australia raises minimum savings for student visa, warns on fake recruitment

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SYDNEY, May 8 — Australia said today it would raise the amount of savings international students will need to get a visa and warned several colleges of fraudulent student...

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From Friday, international students must show proof of savings of at least A$29,710 to get their visa, the second increase in about seven months. It was raised to A$24,505 from A$21,041 in October. Home Affairs Minister Clare O’Neil said warning letters had been sent to 34 education providers for “non-genuine or exploitative recruitment practices”. They could be jailed for up to two years and banned from recruiting students if found guilty, she said.

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