How Much Money Do You Need to Study in Australia?

Australia is one of the best countries for further education. The country has a quality education system with excellent educational infrastructure. Technology is used extensively in training students and research projects at universities. Australia has eight universities ranked in the top 100 QS University Ranking. Thus, to study in Australia is considered a crucial step towards acquiring quality education and skills to succeed in life.

Studying in Australia is not cheap. Parents often face huge debt while sending their children in Australia due to high financial cost. Here are the average tuition fees for the international students in Australia according to StudyMove.com:
  • Undergraduate courses - AU$29,235
  • Master’s degree – AU$20,000 to $37,000
  • Doctoral degree – AU$14,000 to $37,000
The average figure may vary among the institution and courses. The financial cost of veterinary and medical courses is significantly high in Australia. The average living costs needed by international students to study in Australia is AU$19,830.

Additionally, aspirants need to buy an Overseas Student Health Cover and a student visa from the concerned authority. It shows that a huge investment is required by students while pursuing higher education in Australia.
However, Australian student visa allows holders to work part-time jobs while studying fulltime courses at the regional universities. Students can work 20 hours per week and unlimitedly during the national holiday or vacations. It helps students to earn money for living expenses and ease the financial burden of parents.
The fields where you may get part-time jobs in Australia are:
  • Retail – in the supermarket or clothing stores
  • Hospitality – café, restaurants, etc
  • Tourism – Hotel and motel
  • Agricultural – farming and fruit picking
  • Sales and Telemarketing
  • Clerical jobs
  • Tutoring
Meritorious students can get financial assistance from the Australian government applying for scholarships. There are scholarships in Australia for undergraduate courses, Master Degree and PhD fellows at universities. Awards consist of concession on tuition fees, contribution to living expenses, airfare, and providing of OSHC for some courses.

Though studying in Australia is expensive, yet there are ways to minimise the costs of the education journey. It is why overseas students are going there for further education.

Need assistance to study higher education in Australia?


Get in touch with AECC Global education experts for help to outline your career pathway and visa assistance.

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