Australia has emerged as one of the most popular destinations for higher studies among students all over the world. However, one of the major concerns of students who wish to study in Australia is the cost associated with it. In this article, we will discuss the approximate cost of studying in Australia.
Tuition fees depend on the program and the institution you choose. According to the Study in Australia website, a Bachelor’s degree in Australia costs around AUD 15,000 to 35,000 annually, while a Master’s degree can cost AUD 20,000 to 37,000 annually. Doctoral degrees cost around AUD 14,000 to AUD 37,000 per year. However, these fees could be higher in some of the top-ranked universities in the country.
It is important to note that tuition fees can vary depending on the course and the university. Some universities offer courses at a higher cost because of their reputation and ranking.
Living expenses in Australia can vary depending on the city, lifestyle, and accommodation. Sydney and Melbourne are among the most expensive cities to live in, while Adelaide and Perth are comparatively affordable.
On average, international students need around AUD 20,000 to 25,000 per year to cover their living expenses, including accommodation, food, transportation, and other miscellaneous expenses. However, if you choose to live in university-managed accommodation, the cost can be higher. According to the Study in Australia website, the average cost of renting a room in shared accommodation in some of the major cities is around AUD 100 to AUD 350 per week. The cost of living will also vary depending on the type of accommodation you choose.
International students also need to budget for other expenses besides tuition fees and living expenses. This includes health insurance, textbooks, stationery, visa fees, and travel expenses. Health insurance is mandatory for all international students studying in Australia. The cost of health insurance varies depending on the duration of the course and the state or territory you are studying in. Textbooks and course materials can cost around AUD 500 to 1,000 per year depending on the course and the university you are studying in. Visa fees for a student visa start at AUD 620.
Scholarships and Financial Aid
There are several scholarships and financial aid programs available for international students studying in Australia. Most of these scholarships are offered by the Australian government, universities, and other organizations. Scholarship amounts and eligibility requirements vary, so students should research and apply for scholarships as early as possible. Financial aid can also be offered by some universities to students who are in need of financial support.
The cost of studying in Australia can vary depending on several factors, including the course, the university, the city, and the lifestyle. Students should research and budget carefully before deciding to study in Australia. While the cost can be high, the quality of education and the opportunities available make it a worthy investment for many students.