Australia remains one of the most preferred study destinations around the globe for its excellent education, abundant career opportunities, diverse culture and welcoming atmosphere. Based on statistics from Project Atlas, it hosted 6% of the world’s international student population in 2023 and continues to welcome even more interested students.
To become an Australia international student means being prepared not just for the educational aspect, but for life in Australia as a whole. This means factoring in the cost to study in Australia – from tuition fees, visa cost, living expenses and the like. This article covers all this and more to equip you to help aspiring students achieve their study in Australia dreams.
Australia study abroad costs
Australia international students pay varying amounts each year since the fees to study in Australia are generally calculated per unit, rather than per year. This means most students will be learning a combination of units from different bands, with each unit falling into a different band and costing.
Like other study destinations, the cost to study in Australia can be vastly different depending on multiple factors, like the student’s chosen level of study, institution, program or course, location and lifestyle. An undergraduate degree (which can last from three to four years) can cost between AUD20,000 to AUD45,000, while a master’s degree costs AUD22,000 to AUD50,000.
Computing for Australia study abroad costs can be confusing with all the nuances, as the final amount would rely on a case-to-case basis. Luckily, there are very helpful tools online that allow students to project their own cost to study in Australia, such as the cost of living calculator, which provides students with an estimated cost of living during their stay in Australia based on their region, personal preferences and lifestyle.
The standard financial aspects an Australia international student would have to account for include:
- tuition and other fees: textbooks, class materials, clubs and extracurricular involvements, etc.
- accommodations and utilities: rent, electric and water bills, Wi-Fi, etc.
- living expenses: food, transportation, recreation, socialisation, etc.
Australia scholarships
Studying in Australia doesn’t have to break the bank, as its abundance of opportunities extends to financial aid for international students. Many become Australia international students through grants, loans and scholarships.
In particular, Australia scholarships give international students a meaningful opportunity to pursue an education in the country. They’re the perfect way for students to kickstart their academic journey in a way that challenges them and acknowledges their potential. Check out our detailed list of the different ways students can gain Australia scholarships.
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