How Much Does it Cost to Study in Australia?
Australia is among the most sought after study destinations on earth, accommodating about 624,000 international students in 2017, 13 percent higher than 2016. Unfortunately, it’s also among the most costly countries to study in the world, with students having to pay AU$20,290 (~US$14,600) every year just to cover living costs.
Nonetheless, schools and employers of all countries accept degrees from Australian schools. Australian school graduates are preferred favorably due to the extraordinary international standing of the Australian education system. The Australian government meticulously controls this system to retain the impressive criteria of education linked to the country.
Tuition Fees in Australia
According to StudyMove.com, mean tuition fee for international undergraduate students was AU$30,840 (~US$22,170) per year, and AU$31,596 (~US$22,700) for international postgraduates in 2018.
The authorized government site for international students, Study in Australia, lists the average annual tuition fees for international graduate students:
- Master’s degree – AU$20,000 (US$14,400) to $37,000 (US$26,600);
- Doctoral degree – AU$14,000 (US$10,060) to $37,000 (US$26,600).
Tuition fees at Australian universities are typically determined per unit, instead of per year. Each unit is under a fee band; because most students are going to be study a combination of units from various bands, fees won’t be the same for everyone.
Some Australian universities issue official fees approximations, including Australian National University (ANU), the nation’s number one positioned school (24th in the QS World University Rankings® 2019). Annual expense of an international undergraduate degree from ANU starts around AU$36,400 (~US$26,150) for a few Bachelor of Arts programs, and reaches up to AU$43,680 (~US$31,380) for Bachelor of Science or Medical Science programs.
For graduate degree programs, yearly tuition begins at AU$36,480 (~US$26,200) for some master’s programs and moves up to AU$45,600 (~US$32,760).
PhD programs prices are set in a similar fashion, beginning at the end of the range, from AU$ $41,280 (~US$29,650) and higher. Drastically deviating from the range still, is ANU’s Doctorate of Medicine and Surgery degree, the cost of which is AU$80,136 (~US$57,800).
Cost of Living in Australia
The Australian government’s Department of Home Affairs declares that prospective students must verify possessing at least AU$20,290 (~US$14,600) for living costs annually. If a partner is tagging along, AU$7,100 (~US$5,100) is required to be added to this amount, and if students have children, they are required to prove owning an extra AU$3,040 (~US$2,200) for every child.
Alongside verification of these finances, ability of paying return air fare for the student and every family member he/she takes has to be shown, sufficient funds to cover school fees of any children the student has between age five and 18 also need to be owned.
While the above delineates the funds needed by Australia’s immigration standards, all of it does not have to be expended upon arrival. The official Study in Australia guidelines suggest planning to spend between AU$85 (~US$61) and AU$440 (~US$317) every week for accommodation, based on the choice between shared accommodation on campus (most economical) and private rented accommodation (the most expensive).
Further weekly expenses comprise of:
- Groceries and eating out – $80 to $280 weekly (~US$57-201)
- Gas, electricity – $35 to $140 (~US$25-100)
- Phone and Internet – $20 to $55 (~US$14-40)
- Public transport – $15 to $55 (~US$11-40)
- Car (after purchase) – $150 to $260 (~US$108-187)
- Entertainment – $80 to $150 (~US$57-108)
Student Visa and Application Fees
The fee for the Student Visa (Subclass 500) is AU$575 (~US$414) presently. As a requisite for a visa, an Overseas Student Health Cover (OSHC) has to be prepared for the student and any family members he/she is bringing along, which has to be valid for the length of stay. A provider recommended by the university does not have to be used, but, whichever the student selects has to be government-approved.
OSHC Australia offers a search option which can be used to compare quotes for medical insurance from official providers. The most economical choice for a typical undergraduate student (duration three years, beginning in March and ending in December) without any accompanying family is estimated to be AU$2,149.10 (~US$1,550).
Financial Aid to Study in Australia
International graduate students seeking funding for a full master’s or PhD program have an option of applying for the Endeavour Postgraduate Scholarship, which provides up to AU$15,000 per semester for a maximum of two years for master’s students, and twice that for PhD students (maximum award AU$140,500 for master’s, AU$272,500 for PhD).
Scholarships in Australia: Tier 1 Universities | Tier 2 Universities | Tier 3 Universities
Jobs for Students in Australia
The student visa allows a student to employed for a maximum of 40 hours every two weeks during each semester, which enables him/her to generate an income to wrap living expenses while leaving ample time for studies. Throughout semester breaks, however, students are permitted to work as many hours as they want. In order to simplify the employment procedure as much as possible, the student should open an Australian bank account so that his/her employer can deposit his/her salary there. He/she should also apply for a Tax File Number (TFN) from the Australian Taxation Office to avoid being taxed a high percentage (his/her employer will give him/her a TFN declaration; it can also be attained online or by calling 13 28 61).
Where can work be found?
That relies on students’ individual fortes and interests. The chief objective is to locate a job that is suitable to the student — one that is situated on or near campus or in the local area he/she resides in. Common part-time jobs for students comprise of:
Retail — any type of store that sells goods to customers, from clothing to electronics. It could be a small store, a chain of stores or a big department store.
Hospitality — employers consist of cinemas, restaurants, bars, hotels, takeaway food stores and sporting venues.
Services — employers consist of supermarkets, petrol stations, call centres and various businesses requiring administration work.
Industry — if the student is fortunate, he/she might be able to land a job that is related to the field he/she is studying (for instance, a media student might be able to be employed part time serving at a local television or radio station).
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