Abroad Study Guide: Is It Affordable To Study In Australia?

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Abroad Study Guide: Is It Affordable

To Study Abroad In Australia?

Being home to seven of the top-ranked universities in the world, Australia is a famous study-abroad destination among international students wishing to pursue their higher education at a university with a global reputation. However, you need more than just good grades to study abroad in Australia. The cost of study in Australia is an important factor to consider as the overall costs are relatively higher than other foreign destinations.

The cost to study abroad in Australia for Indian students varies depending on the study programme, tuition, application fees, and living costs. Once these expenses are straightened, you should look into the miscellaneous charges, such as food, transportation, and entertainment, to determine your overall budget.

Even though many of the expenses to study abroad in Australia depend on the individual, the following paragraphs will give you an idea of the expenses you should expect. So keep reading to know more in detail.

Average Tuition Fees for International Students in Australia

According to the official government site for overseas students, the annual tuitions fees are typically the following: 

Undergraduate Bachelor Degree – AU$20,000 to $45,000  Postgraduate master's degree – AU$22,000 to $50,000  Doctoral degree – AU$20,000 to $42,000 Note: These figures are to give you an idea and not for high-value courses like medical studies, which undoubtedly cost significantly more. The study abroad fees in Australia are calculated per unit wise which falls into a particular fee band. Let’s look at

the probable cost of study in the top Ten Australian Universities: University Global Ranking'23 Fees of Top Courses (annual in AUD) Australian National University (ANU) 30 $45,000-48,200

The University of Melbourne

33 $45,000-47,500

The University of Sydney 41 $50,000-54,400

The University of New South Wales (UNSW)

45 $7,000-12,000

The University of Queensland

50 $2,8003,600/credit Monash University 57 $37,000-46,000

The University of Western Australia (UWA)

The University of Adelaide

90 $9,000

109 $45,000-49,000

University of Technology Sydney

University of Wollongong (UOW)

137 $1,260 per credit

185 $14,200/semester16,200/semester

The tuition fee for university exchange program students could be similar to their home university. However, students must enrol in the Direct Exchange Program the university offers to pay the same home university fee. If your university does not have exchange programmes, you can opt for direct enrolment or go through a third-party programme provider.

Cost of Living for International Students

The cost of living ultimately depends on an individual’s living arrangements. While some programmes offer boarding facilities at the programme's price, many provide a monthly stipend for food and rent. If you have to bear your own living expenses, a one-bedroom apartment rent can cost you close to $2,000 in Sydney, $1,290 in Melbourne, $1,280 in Brisbane, and $1,100 in Adelaide. Students with a tight budget can opt for shared-housing units to save on rent and other amenities.

Living Expenses for Overseas Students in Australia

 Internet
weekly
 Transportation:
Besides tuition and rent, students have various others expenses to survive in Australia. Here's a list of living expenses you must be prepared to meet:
and utilities (if excluded from rent and boarding: $200-230 per month
Meals (if excluded from room and boarding): $15-20 (regular meals,) $50-60 (fancy meals); $60-85 for
grocery
$110 (monthly pass) $2-5 (one-way ticket)
Cell phone: Prepaid packages of $20-40 per month

 Personal expenses: Vary by individuals ($3 - $80 per month)  Entertainment: $80-150

In short, your living cost will entirely depend on how you want to live. For instance, how often you want to go out to eat and drink, night outs, excursions, and shopping. If you remain within a budget, you could survive on $4,0005,000 per semester. If not, $6,000-7,000 would be a much safer option.

Pre-arrival Expenses for International Students in Australia

The pre-arrival costs include airfare, college application fees, visa charges, and standardised exam charges. The amount could cost you around AUD 2,500 to 3,000. However, the payments may increase for students seeking additional help like Duolingo test coaching, IELTS exam coaching, and so on to prepare for the admission test. The Australian Student Visa (Subclass 500) currently costs approximately AU$ 650. Based on the visa requirement, you must get insurance or Overseas Student Health Cover (OSHC) for yourself that stands valid through your stay in Australia. Choosing an insurance

provider recommended by your university is not mandatory, but make sure the provider you select is certified and government-approved.

If you are still deciding on the best available option, you can consult an overseas education specialist who offers free counselling, SOP writing services, and other assistance. They will guide you through the process and list the best providers suitable to your needs.

Financial Aid & Scholarships for International Students in Australia

It's common knowledge that studying at a foreign university comes with a hefty price tag. While some programs can cost you up to $20,000, you can also study in Australia for less than $15,000 with room and board. And that’s only possible with scholarships, grants, and financial aid. For instance, you can save a lot of funds from tuition, travel expenses, and room and board during your stay in Australia by using your Federal Financial Aid. Numerous grants and scholarships are available in Australia for international candidates, with the primary

providers being the Australian Government, universities, and other public and private organisations. Each scholarship programme comes with unique eligibility and application criteria and aims to offer financial assistance and reduce international students' burden of student loans.

Here are examples of three popular scholarships:

 Australia Awards – Scholarships and fellowships funded by the Government of Australia covering total tuition fees, travel expenses, and part of living costs every month.

 ANU Chancellor’s International Scholarship –Awarded by the Australian National University to 80

Indian students, which offers 25% to 50% tuition fee waivers based on academic merit.

 Global Excellence Scholarship at UWA – Open for both graduate and postgraduate students with merit, where the amount varies from 24,000 to 48,000 for over two years on eligible courses.

Part-time Work Opportunities for International Students

The Australian Student Visa permits overseas students to work 20 hours per week during the course and full-time during the semester breaks so students can ease their burden of college fees and gain work experience

simultaneously. However, any income amounting to AU$ 18,200 or more from your part-time work is taxable, and you must get a Tax File Number (TFN) and file taxes online.

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Abroad Study Guide: Is It Affordable To Study In Australia? by Lina Luice - Issuu