Cost of Living and Studying in Australia

Fees and affordability in Australia

Australia is one of the world’s top 3 destinations for studying abroad and offers a range of graduate and postgraduate degree programs in over a hundred disciplines. For Indian students looking at education destinations abroad, Australia is bound to be a good fit, with most courses being taught in English.

University tuition fees in Australia

With over 40 universities, 3 of which are private and the rest public universities, Australia offers over 20,000 Bachelor’s and Master’s programs for students. While fees for these programs is generally high, the government has left no stone unturned in making students planning to study in Australia feel welcome by providing several scholarships in Australia as well..

Tuition Fees At Public Universities in Australia

Funding for all 38 public universities is provided by the national government of Australia. The quality of Australian universities can be judged from the fact that 7 out of 100 best universities in the world are located in Australia. A bachelor’s degree can cost between 10,000 to 30,000 AUD while a postgraduate degree falls between 22,000 and 37,000 AUD per year. PhD students can expect to pay between 14,000 to 37,000 AUD for their course.

Tuition Fees At Other Types Of Institutes

Private universities cost more than public ones, as is the case everywhere in the world. There is just one private non-profit university in Australia, Bond University, for which the cost of the course can come to around 12,000 AUD. Vocational courses in Australia cost anywhere between 4,000 to 22,000 AUD depending on levels of courses, and English language courses cost 300 AUD per week.

Cheap Universities in Australia

Affordable University

Average Tuition Fees

IPAG Business School

15,000 AUD/year

University of New England

18,000 AUD/year

University of Wollongong

16,000 AUD/year

Victoria University

22,000 AUD/year

 

Tuition Fees At Top-Ranked Universities:-

Top Ranked University

Average Tuition Fees

University of Melbourne

35,000 AUD/year

Australian National University

36,000-37,000 AUD/year

University of Sydney

37,000 AUD/year

University of Queensland

32,000 AUD/year

 

Scholarships In Australia

Despite exemplary quality of education, foreign students hesitate in choosing Australia as the fees and cost of living are pretty high. However, the government is committed to ensuring that foreign students feel welcome in their country by providing scholarship schemes with state investments exceeding 200,000,000 AUD.

Some scholarships international students can consider applying for are:

  • Australia Awards, offered by the government and which cover tuition, monthly expenses and travel costs.
  • APEC Women in Research Fellowship Program, for female researchers from APEC economies intending to pursue research in partnership with Australian research universities.
  • Endeavour Postgraduate Awards, for students enrolled in Master’s degrees or PhD's and covering everything from tuition, travel, accommodation, healthcare to even a small monthly stipend.

Education loan for study in Australia

International Students loan is a great option to be considered while thinking about studying abroad. Flexible repayment is the biggest advantage as the loans are specially made for study abroad students. The amounts will be enough to pay for your program, and the repayment will be done over an extended period. There are also convenient options like repayment after graduation. Most of the times the International Student Education Loan will be provided by private organisations.

Cost of Living in Australia

Living in Australia is expensive, and average monthly costs usually depend on the city of your residence, with the most expensive city being Sydney. Students should create a budget between 2,000 to 2,500 AUD to cover living costs.

Accommodation in Australia for Students

Students have the option to stay within a campus, rent as an apartment with a friend or stay with a local family amongst others, and depends on which city you are in. The cost distribution is as follows:

  • Home Stays - 500-1,000 AUD per month
  • Student Halls - 300-1,000 AUD per month
  • Guest Houses - 300-600 AUD per month
  • Apartments - about 2,000 AUD per month

Food Cost in Australia

Students on a budget can usually be seen shopping for groceries in the cheap supermarkets like Aldi and Woolworths for 100-200 AUD for a week’s worth. Australia has a huge variety in cuisine and its restaurant scene is one of the most diverse in the world. As a student, eating out at small cafes and restaurants can cost you from 20-80 AUD.

Transportation in Australia

Most universities in Australia provide students with the facility of private university transport in case someone lives faraway or wants to stay late. International students who enroll in the ACTION programme are provided free transport by the national government, and several states like Queensland and Melbourne have discounted travel costs for foreign students.

A pass for public transport can cost 30 to 70 AUD for students. Fitness freaks and more outdoorsy students have the option to rent bikes for as low as 40 AUD, and most Australian cities are bicycle friendly.

Extra Costs And Savings

Students can expect to spend a lot on their textbooks and course material, but the good thing is that these are usually one time costs, and will cost about 500-1,000 AUD in a year. A lot of shops in and around campus usually sell books at discounted prices, as well as secondhand editions so students can save up.

Getting a health insurance will also drain some funds, but it is a valuable investment and will only cost 25-30 AUD a month.

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