Studying Costs in Australia – Comprehensive Guide 2023

Australia is among one of the best countries to study abroad for an Indian student. The country has excellent universities with diverse courses, good international exposure, diverse cultural interaction, and a strong statement for your CV.

Post-pandemic, Australia has become one of the most popular overseas education destinations for students aspiring to pursue their undergraduate and postgraduate degrees.

What makes Australia such an attractive destination for study abroad aspirants? Let’s look at it from a cost-effective angle, which includes tuition fees, personal expenses, and living costs.

If you check the list of top universities in the world, you will find that, after the US & UK, Australia ranks 3rd, offering quality education with a good return on investments. Along with academics, Australia also offers a great learning experience for international students where they can enjoy a different taste of life. 

Top 3 reasons why you should pick Australia as your first preference for higher education: 

• Student-friendly environment
• Merit scholarships
• Post study work opportunities

Cost Of Studying In Australia: Tuition Fees

Tuition fees vary depending on the university, course, and degree level. Here’s an insight on the tuition fees at various degree levels

Please note that these costs do not include specialisations in Veterinary or Medical Sciences.

(source: studyinaustralia.gov.au)

Apart from the tuition fees, the other expenses that students have to bear are insurance, books and stationaries, security funds, registration & application fee, and more. These expenses are a one-time investment for a year.

Cost Of Studying In Australia: Living Costs

Indian students must remember that staying in a foreign land is not as affordable as in India. There are multiple options for accommodation, but we would recommend you to opt for a budgeted stay. This would help you save big on your living expenses. The table below lists the types of accommodation available in Australia and their approximate cost:

Cost Of Studying In Australia: Miscellaneous Expenses

Once you are done with your admission at a prestigious university in Australia and have found a suitable place to live; the next category of expenses that you need to keep in mind are miscellaneous costs.

Whether you live alone or with your flatmates, you must pay for groceries, electricity, internet, and more. Below cost estimates for such expenses should help you prepare better:

Student Visa Expenses

To pursue any degree in Australia, you need to have your student visa in hand before you fly. You should initiate your visa application at least 6-8 weeks before your program begins at the university.

Before you apply for the visa, prepare all your documents. Visit the official website to apply for a visa, and fill out your visa application form. Keep in mind to not book your tickets before your visa has been finalised. 

The student visa application fee for Australia is AUD 650 (INR 35,789.81)

After submitting your visa application, keep a check on any request/revert from the visa department; ignoring this may lead to a delay in the arrival of your visa.

When you leave your home country to pursue higher studies, the cost of living will change based on your lifestyle, city, and country. Most students take up part-time jobs to cover their expenses, which helps them learn important life skills and gain valuable experience.

If you begin your journey with  The WorldGrad, you get access to exclusive scholarships that can help you save on your overall overseas education expenses.

Take a wise decision and make your study abroad dreams come true.