How Much Does it Cost to Study in Australia?

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How Much Does it Cost to Study in Australia?

Australia is one of the most popular study destinations in the world, hosting over 480,000 international students as of March 2017, 15% more than the year before. However, it’s also unfortunately one of the most expensive, with students needing AU$19,830 (~US$15,820) each year for living costs alone, according to the country’s student visa requirements. Meanwhile, tuition fees at Australian universities vary considerably depending on where and what you study, and the level you will be studying at.

How Much Does it Cost to Study in Australia?
How Much Does it Cost to Study in Australia?

Tuition fees and course costs for international students

According to StudyMove.com, the average tuition fee for international undergraduate students was AU$29,235 (~US$23,400) per year in 2017. Study in Australia, the official government site for international students, gives the typical annual tuition fees for international graduate students as:

  • Master’s degree – AU$20,000 (US$16,000) to $37,000 (US$29,600).
  • Doctoral degree – AU$14,000 (US$11,200) to $37,000 (US$29,600).

These figures do not include high-value courses such as veterinary or medical degrees, which can cost significantly more.

Tuition fees at Australian universities are generally calculated per unit, not per year. Each unit falls into a fee band, and as most students will be studying a combination of units from different bands, fees will be different for everybody.

For graduate degree programs, annual fees start from AU$32,640 (~US$26,100) for a few master’s programs and reach up to AU$43,632 (~US$34,900).

PhD programs are priced similarly, with the majority at the higher end of the scale at AU$39,024 (~US$31,200). In a league of its own, however, is ANU’s Doctorate of Medicine and Surgery degree, which costs AU$72,480 (~US$58,000).

Another cost to consider is the Student Services and Amenities fee, which is a charge for services and amenities of a non-academic nature, up to a maximum of AU$294 (~US$235) in 2017. Not all universities in Australia charge this, but make sure you check beforehand so it’s not an unexpected expense.

How Much Does it Cost to Study in Australia?
How Much Does it Cost to Study in Australia?

Cost of living in Australia

As mentioned, the Australian government’s Department of Immigration and Border Protection (DIPB) says you must prove you have AU$19,830 (~US$15,820) for living costs per year. If you’re bringing a partner you’ll need to add AU$6,940 (~US$5,550) to this figure, and if you have children, you’ll need to show you have an additional AU$2,970 (~US$2,370) for each child.

As well as proof of these funds, you will also need to show you have a return air fare for yourself and every family member you take with you, and AU$8,000 (~US$6,400) per year for any children aged five to 18 to cover school fees.

Although the above outlines the amount required by Australia’s immigration standards, you may not need to spend that much once you arrive. The official Study in Australia guidelines recommend budgeting between AU$85 (~US$67) and AU$440 (~US$350) per week for accommodation, depending on whether you stay in shared accommodation on campus (the cheapest), or in private rented accommodation (the most expensive).

Other weekly expenses include: groceries,gas and electricity, phone & internet; public transport and entertainment. To simplify, this works out to a minimum of around AU$311 (~US$247) per week.

How Much Does it Cost to Study in Australia?
How Much Does it Cost to Study in Australia?

Student visa costs for Australia

There are many different kinds of student visas for Australia, ranging in price from nothing at all to AU$560 (~US$450). The DIBP provides all the information you need on prices and types.

As a visa requirement, you will need to organize Overseas Student Health Cover (OSHC) for yourself and any accompanying family members, which needs to be valid for the duration of your stay. You don’t have to use the provider your university recommends, but, whichever you choose, ensure it is government-approved.

OSHC Australia provides a search function which can be used to compare quotes for medical insurance from authorized providers. We found the cheapest option for a standard undergraduate student (duration three years, starting in March and finishing in December) with no accompanying family to be AU$2,164.17 (~US$1,725).

As well as showing evidence of OSHC insurance when you apply for a visa, DIBP also requires you to show evidence that you have access to sufficient funds before you leave, to cover the cost of living in Australia for the first one or two years.

Source: topuniversities

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  • 11:57 19/04/2019
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