This would mean students from a number of key markets would be able to apply for a student visa with up to 40,000 Australian dollars less in the bank.
Streamlining of the visa application process that Morrison announced last week would benefit up to 22 low-risk non-university providers for students enrolled in Bachelor, Masters or Doctoral degree courses or an eligible exchange programme.
Pyne said the measures would attract more overseas students to Australia, benefit our education system, create Australian jobs and stimulate our economy.
"The non-university sector is an important contributor to our overall education exports," Pyne said.
"These changes would allow the vocational training sector to contribute more freely to our plan to restore Australia's tertiary education system to its former peak of almost 19 billion dollars in export income for the nation.
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