As of May 18, 2009, USCIS has received approximately 45,500 H-1B petitions subject to the bachelor’s degree cap, of which there are 65,000 visas each fiscal year. Also, USCIS announced that it has received approximately 20,000 petitions subject to the advanced degree cap exemption. Even though the limit is 20,000 for this cap, USCIS states that it will continue to accept advanced degree petitions, noting that not all petitions received are approvable.