Study abroad can be an expensive affair for international students. However, proper planning can help students manage the expenses and keep them under control. For students who wish to study in Australia, here is a detailed guide on the cost involved. The cost of studying in Australia includes various aspects like accommodation, food, health insurance, travel along with the amount required to pay the course fee.
The costs involved mainly depends on two aspects- the course and the university. The cost of studying in Australia varies substantially and ranges anywhere between AUD 20,000 and AUD 40,000 per year. It is important to note here that the cost will increase in the case of students who wish to enroll for a course in certain areas.
Almost all the universities in Australia offer facilities to stay on campus for international students. This would be one of the best options for students as they can avoid any travel related expenses if they choose to stay off campus. Students may also choose to live in apartments nearby on a room-sharing basis or stay with a local Australian family. It is important to note that the rent has to be paid two weeks in advance and the amount varies based on the city of stay. The cost ranges between AUD 85 and AUD 440 depending on the type of accommodation.
The Australian Department of Home Affairs requires international students to demonstrate a minimum living cost of AUD 29,710 per year. If a student is bringing a partner, they must show an additional AUD 10,394, and for each dependent child, an extra AUD 4,449 is required. These financial requirements must be supported by acceptable evidence, such as bank statements, government loans, or financial guarantees.
For more detailed information on expenses involved with studying in Australia, get in touch with our student counselors today.
For International students who wish to study in Australia, it is mandatory to get health insurance before the commencement of the course. On an average, the health insurance schemes that students can opt for cost around AUD 550 per year.
For International students, acquiring a Tax File Number is mandatory if they wish to work in Australia. By law, students are allowed to work 40 hours fortnightly during academic sessions and full time during vacations.
In short, careful financial planning is essential for every student to make their time in Australia a rewarding and stress-free experience. At Abe Services, we bring over 18 years of expertise in the overseas education sector, guiding students in selecting the right courses and offering comprehensive support on managing their finances and expenses throughout their study journey.
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