Changes from Dec 13, 2012 - Money Promised by Individuals

[sssa]

There is a clarification made for not awarding points from individuals who promise money to applicant.

Here is the link for this statement.

http://www.homeoffice.gov.uk/publicatio ... iew=Binary


And here is the actual quote from there

A clarification is being made to confirm that points are not awarded for funds which have been
promised to other individuals, except where they are applying under the specific provision for
entrepreneurial teams.

My question is

Does this mean third party funding is now come to an end?

Thanks for the time.

[geriatrix]

Does this mean third party funding is now come to an end?

No.

[sssa]

Sushdmehta

Thanks a lot for the reply.

[waqas734]

I think from 13 dec students wont be able to apply under this category also there will be strict check to ensure that the funds are genuine and belongs to the applicant not anybody else . Not sure how they are going to do this whether applicant will have to keep the funds for specific time period or they will ensure with the bank at any time during the application.

[mszafar]

I think from 13 dec students wont be able to apply under this category also there will be strict check to ensure that the funds are genuine and belongs to the applicant not anybody else . Not sure how they are going to do this whether applicant will have to keep the funds for specific time period or they will ensure with the bank at any time during the application.

Does this mean, student can't make out of country application too?

[sssa]

I think from 13 dec students wont be able to apply under this category also there will be strict check to ensure that the funds are genuine and belongs to the applicant not anybody else . Not sure how they are going to do this whether applicant will have to keep the funds for specific time period or they will ensure with the bank at any time during the application.

Does this mean, student can't make out of country application too?

Please follow the link in the first message.

This restriction applies to switching from Tier 4 to Tier 1 (Entrepreneur).

Switching always means inside the UK.

[moongesture]

I think from 13 dec students wont be able to apply under this category also there will be strict check to ensure that the funds are genuine and belongs to the applicant not anybody else . Not sure how they are going to do this whether applicant will have to keep the funds for specific time period or they will ensure with the bank at any time during the application.

Whenever UKBA used statement about "Funds must be genuinely available" it means duration and/or holding power in addition to that I can see a question mark at "Funds from Loan". Let see once new guidance publish what will it states.

[RizKCB]

Could it apply to ex-applicants??

[geriatrix]

Please continue here.