Update on 20,000 Masters H1b Quota

We have learned that the 20,000 Masters Quota H1b is still open for both the Fiscal Year (FY) 2005 and Fiscal Year 2006.

The 20,000 Masters Quota is an H-1B cap exemption for foreign nationals holding advanced degrees from U.S. universities. According to reliable sources, approximately around 13 thousand visas have been used against the limitation for FY 2005 (which ends on September 30, 2005) and around 12 thousand have been used against the FY 2006 allotment of 20,000. USCIS is shortly expected to issue a press release confirming these statistics.