H-1B Master’s Cap Approaches Exhaustion (Numbers as of 04/21/2007)
H-1B Advanced Degree Exemption<O></O
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The H-1B Visa Reform Act of 2004, which took effect on May 5, 2005, changed the H-1B filing procedures for FY 2005 and for future fiscal years. The H-1B Visa Reform Act of 2004 also makes available 20,000 new H-1B visas for foreign workers with a Master’s or higher level degree from a U.S. academic institution.<O></O
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| Cap | Beneficiaries Approved | Beneficiaries Pending Petitions Receipted | Beneficiaries Pending Petitions yet to be Receipted | Total | Date of Last Count |
H-1B (FY 08) | 58,200 1 | —— | —— | —— | Cap Reached | 4/2/2007 |
H-1B Advanced Degree Exemption (FY 08) | 20,000 | 7,339 | 7,801 | 3,509 | 18,649 | 4/21/2007 |