We’re halfway through the September 2025 intake and the trends are crystal clear.
We’re seeing growth again
Deposits are up 38% YoY, and for the first time this cycle, CAS issuance has caught up. That’s down to exceptional work from admissions and compliance teams, especially in London (where CAS processing is up 78%).
Deposits are up overall, with 66.6% of universities reporting year-on-year growth. That said, performance varies significantly, 10 institutions have more than doubled their deposits, while 31% are still seeing declines, averaging a 26% drop.
But the pipeline is narrowing
The top five markets now make up 87% of deposits, up from 80% in 2024. India’s share has fallen slightly (33% → 28%) as Nigeria, Pakistan, and Nepal surge ahead.
Refusals are rising
Visa refusals are up 152% YoY. Most come from Pakistan (41%) and Nepal (22%), while India accounts for just 5%. If your institution isn’t interviewing or checking financials in these markets, now might be the time to reconsider.
The data is clear: September is strong, but it’s also higher risk, more concentrated, and more complex. Real-time insight and targeted action will define who finishes strong.
Make sure you see how it all plays out!
Join us on 23 October for the official September 2025 intake wrap-up, your final, full-picture look at this cycle’s outcomes, risks, and opportunities.
This will be our only open session breaking down final results.
👉 Secure your place here
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