H-1B Alternatives: F-1 OPT STEM Extension
H-1B Alternatives
With the demand for the H-1B visa far exceeding the cap, it is important to know the H-1B alternatives available to HR professionals and employees.
According to the USCIS, there were 172,500 applications filed between April 1, 2014 and when the cap closed on April 7. The cap is set at 65,000, with another 20,000 available to individuals with advanced degrees. Which means roughly 50% of H-1B petitions will be not be accepted.
One alternative to the H-1B visa is the F-1 OPT Stem Extension.
F-1 OPT STEM Extension
The F-1 OPT STEM Extension is available to students who are currently in F-1 OPT status.
It allows for 24 months of additional F-1 OPT work authorization. However, once a foreign national has exhausted all eligible OPT for a given degree level, no additional F-1 OPT extensions are permitted.
To be eligible for an F-1 OPT STEM Extension, you have to be in F-1 status and have exhausted the initial 12 months of F-1 OPT eligibility.
You also need to have a STEM eligible degree in Science, Technology, Engineering, or Math.
Finally, your employer needs to be enrolled in E-Verify.
If you have additional questions about F-1 OPT STEM Extension, please feel free to visit us at www.visanow.com for more information.