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A Complete Guide to Cost of Studying in Australia

Australia is one of the top three study abroad locations in the world, with over a hundred graduate and postgraduate degree programs available. With most courses taught in English, Australia is bound to be a suitable fit for international students searching for education overseas.When estimating the cost of studying in Australia before leaving your home country, make sure to include all expenses such as food, lodging, travel expenses, and health coverage in addition to your tuition fee.

University tuition fees 

Australia has over 40 universities, three of which are private and the rest are public, and offers over 20,000 Bachelor’s and Master’s programs to students. While the costs for these programs are often hefty, the government has gone out of its way to make students wishing to study in Australia feel welcome by offering many scholarships in Australia. The expense of studying in Australia for international students may be a bit costly, but these scholarships might help to alleviate the financial load.

Tuition Fees At Public Universities

The national government of Australia provides funding for all 38 public institutions. The fact that 7 of the world’s top 100 institutions are located in Australia speaks much about the quality of Australian universities. A bachelor’s degree can cost between 10,000 and 30,000 AUD each year, while a postgraduate degree can cost between 22,000 and 37,000 AUD. PhD candidates should budget between 14,000 and 37,000 AUD for their degree.

Tuition Fees At Other Types Of Institutes

Private universities are more expensive than public ones, as is the case throughout the world. In Australia, there is only one private non-profit university, Bond University, where courses can cost up to 12,000 AUD. Vocational courses in Australia range in price from 4,000 to 22,000 AUD, depending on course level, while English language lessons cost $300 AUD per week.

Cost of studying in Australia for international students

College fees in Australia are structured in such a way that international students receive appropriate practical knowledge while paying a reasonable charge. Some institutes may demand a hefty tuition, but the course time is also longer than at other institutes. We have listed the average cost of learning according to educational level below:

cost of studying a bachelor in Australia $15,000 to $33,000 per year
cost of studying a masters degree in Australia $20,000 to $37,000 per year
cost of studying Doctoral degree in Australia $14,000 to $37,000 per year

 

Here we have mentioned a few popular courses and their average fee in the Australian universities.

cost of studying MBBS in Australia $12000 to $20,000 Per Year
cost of studying dentistry in Australia $14000 – $ 37000 Per Year
cost of studying nursing in Australia $20,000-$35,000 Per Year
cost of studying engineering in Australia  $24,000 – $38,000 Per Year
cost of business degree in Australia $29,000-$49,000 Per Year

 

Cheap Universities in Australia

For the students looking for a low cost study in Australia, for them we have made a list of cheap universities below:

Affordable University Average Tuition Fees
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 the exceptional quality of education, foreign students are hesitant to choose Australia because school fees and the cost of living are somewhat costly. However, the government is devoted to making foreign students feel welcome in their country by offering scholarship programs with public funding totaling more than $200,000,000 AUD. These scholarships will help you handle the costs of living and studying in Australia.

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

When considering studying abroad, an International Students Loan is an excellent option to consider. The most significant advantage is that the loans are designed specifically for study abroad students. The sums will be sufficient to cover the cost of your program, and the repayment will be spread out over time. There are other practical choices, like as payback after graduation. Private organizations will usually supply the International Student Education Loan.

Cost of Living in Australia

Living in Australia is expensive, and average monthly expenditures vary depending on where you live, with Sydney being the most expensive. Students should set up 2,000 to 2,500 AUD for living expenses.

Accommodation for Students

Depending on the city, students have the option of staying on campus, renting an apartment with a buddy, or staying with a local family. The following is the cost distribution:

  • 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 

Students on a budget are frequently seen shopping for food at low-cost supermarkets like as Aldi and Woolworths for $100-200 AUD for a week’s worth. Australia’s cuisine is diversified, and its restaurant sector is among the most diverse in the world. Eating out at tiny cafés and restaurants can cost you between $20 and $80 AUD as a student.

Transportation

Transportation costs must be included in the total cost of studies in Australia. Most universities in Australia offer private university transportation to students who live far away or who wish to stay late. The national government provides free transportation to international students who enroll in the ACTION program, and certain states, like Queensland and Melbourne, have reduced travel costs for international students.

A student bus pass can cost between $30 and $70 AUD. Fitness enthusiasts and more adventurous students can rent bikes for as little as 40 AUD, and most Australian cities are bicycle friendly.

Extra Costs And Savings

Students should expect to spend a lot of money on textbooks and course materials, but the good news is that they are usually one-time expenses that will cost between $500 and $1,000 AUD every year. Many shops on and around campus provide reduced books as well as secondhand versions, allowing students to save money.

Obtaining health insurance will also deplete finances, but it is a worthwhile investment that will only cost 25-30 AUD per month.

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