Study In Australia
Hosting more than 456,000 international students between January to April 2022, Australia is one of the most renowned study destinations around the world. The country is home to seven institutions ranking among the QS World University Rankings 2023 top 100. The Group of Eight (Go8), consisting of eminent research-intensive Australian universities, has placed the country above the list of countries providing supreme quality education.
The global reputation, exceptional education system, vibrant cities, spectacular technologies, stable economy and quality lifestyle make this country a much sought-after study-abroad destination for international students. However, it’s also, unfortunately, one of the costlier, with students requiring AU $21,041 every year for living costs alone, as per the student’s visa requirements of the country.
So, before considering Australia your higher study destination, you must be well-versed with all the expenses. To help you get started, we have curated an exclusive comprehensive study in Australia guide for Indian students. Going through these crucial aspects can surely put you miles ahead and help you plan and align your monetary budget remarkably.
Let’s get started!
Tuition Fee Will Be Your Prime Expense
When planning to study in Australia, it is crucial to consider one of the most significant factors- tuition fees. The tuition fees will hugely vary based on the university and the courses. Most tuition fees in Australia require being paid on an annual basis. Here’s a complete overview of the study costs-
| Bachelor Degree | AUD20,000-45,000/year |
| Master’s Degree | AUD 22,000-50,000/year |
| Doctoral/PhD Degree | AUD 18,000-42,000/year |
| Secondary Education | AUD 7800-30,000/year |
| English Language Courses | Around $300 per week, as per the course length |
| Vocational Education and Training (VET) | AUD 4000-22000/year |
| Technical and Further Education (TAFE) | AUD 4000-22000/year |
| Foundation Courses | AUD 15000-39000/year |
| MBA | E$11000 to more than $121,000 (total) |
| Doctoral Degree | AUD 14,000-37,000/year |
Generally, courses in arts and education and humanities are a little affordable, while subjects like engineering and medicine are more likely to be expensive. Again, if you desire to study at a postgraduate level, the tuition fee is typically higher, and the costs will hugely vary based on the program. If you still want to bring down your educational expenses, it is best to apply to different scholarship opportunities available for Indian students.
Calculate The Costs of Accommodation
According to the best minds associated with abroad study consultancy services, living expense is another vital factor that hugely contributes to the cost of studying in Australia. Every year, international students require spending 20,000 AUD. Your living cost will hugely vary based on different choices, kinds of areas of residence, rent of accommodation, groceries, food, restaurant dining, nightlife expenditures, miscellaneous, and more.
Have a look at the overview of the same-
| Shared Rental | AUD $95 to $215 per week |
| Hostels and Guesthouses | AUD $90 to $150 per week |
| On-Campus | AUD $110 to $280 per week |
| Homestay | AUD $235 to $325 per week |
| Rental | AUD $185 to $440 per week |
|
Boarding Schools | AUD $11000 to 22,000 a year |
| Transportation | AUD 44-89 a month |
| Food and Groceries | AUD 208-416 a month |
| Household Bills | AUD 14-29 a month |
| Shopping | AUD 118-223 a month |
| Miscellaneous | AUD 22-29 a month |
Calculate The Cost of a Student Visa
A close look at reputed Australian visa assistance forums will help you understand that you require an Australian student visa to study at any university in the country. The total expenditure for an Australian student visa is AUD 630.
Consider Health Insurance and Support
It is crucial for all students planning to travel from India to Australia to get insured medically before their programs commence. The average cost for medical insurance ranges from approximately AUD 609-3438 a year. Moreover, extensive health and support services are always available for all Indian students.
Estimate The Transportation Costs
Certain universities have a private transport supplier to aid students who stay on campus or those who require reaching some remote areas.
Based on the area you are residing in, you can benefit from countess other discounts from state programmes like OLD (Queensland), VIC (Melbourne) or SA (South Australia). Besides that, the cost of a public transport pass for students ranges from 30 to 70 AUD/month, based on the city. You can also get around any city using a bicycle. Not only that, but you can also rent one for around 40 AUD per day.
Do Not Ignore Taxes
Indian students who plan to study in Australia cannot work without acquiring their Tax File Number (TFN). With this, you will be allowed to work 20 hours per week during academic sessions and full-time during vacations. Also, your earned income will be taxable if you decide to work along with your studies.
Available Scholarship Opportunities In Australia
International students planning to study at a low cost in the country must apply for excellent scholarship opportunities offered by private or public universities, the Australian government and higher education institutions to deserving students. These can hugely reduce the cost of your studies.
Have a look at certain Australian scholarship programs you must know before applying for a dream course in the country-
- Global Excellence Scholarship at UWA
This excellent scholarship opportunity is open to graduate and postgraduate students. The fund amount can hugely vary AUD 24000-48000 over two years on eligible courses. Also, this scholarship opportunity is given based on academic merit.
- UNSW’s Future of Change Scholarship
In this program, a stipend of AUD 10,000 per year is given to Indian students who enrol in undergraduate and postgraduate courses for the minimum duration of the program. Additionally, this award is granted based on academic merit.
- ANU Chancellor’s International Scholarship
This remarkable scholarship opportunity is granted to 80 Indian students who can hugely benefit from a 25-50% tuition fee waiver. The selection for the scholarship is based on academic merit.
- Bill & Melinda Gates Foundation- Gates Cambridge Scholarships
Under this outstanding program, eight scholarships are awarded. The benefits incorporate £ 18000 for a year, the price of the Immigration Health Surcharge, inbound visa costs, one-way airfare, and a 100% fee remission.
Summing Up,
Australia has always been in the news for its educational development. The country has offered countless choices regarding universities, a diverse range of courses, remarkable teaching methods and fees for the convenience of every international student.
Now that you have in-depth knowledge of the total cost of studying in Australia, it’s time to focus on your academic choices. Hence, go through each of the crucial aspects mentioned above, know the available scholarship opportunities to reduce your tuition costs, and take an informed decision. Here’s wishing you good luck!
