December 12th, 2014
UCAS have released their application figures for November and once again the number of international students applying to study in the UK has risen. Although these figures are nowhere near the final amount expected, it is useful for UCAS to measure the applications now versus where they were last year.
In November last year applications from the EU (not including the UK) for 2014 were 8,980 and have now grown to 9,320 for 2015. For 2014 there were 17,460 non-EU applications whereas 2015’s figures are closer to 17,770. However, this 12 month increase does not reflect the massive growth seen since 2011, when there were only 13,350 applications from not in the EU.
The attraction of the UK is clear to foreign students. Its cities and universities already have global reputations that international students know will be recognised in their home country. Plus, as English is becoming a global lingua franca, students know that living in an English speaking country will help their fluency.
For investors, this steadily increasing amount of international students is great news. Over half of the international student population (52%) elects to live in Purpose Built Student Accommodation (PSBA). This style of accommodation has benefits other traditional student homes just don’t offer: professional letting agents help students with details and often have on site offices, the actual location is often close to the city centre or university, and a range of facilities, such as cinema rooms and gyms, means students can socialise easily.
StudentPodShop has a strong portfolio of properties perfect for both international and home students looking for the ease of living PBSA offers. Increasing UCAS applications are always exciting news for universities, as well as the British economy which benefits not only from the fees students pay, but also the potential they bring to the country.