EDUCATION AND LIVING COST IN AUSTRALIA:  HOW MUCH DOES IT COST?

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With its reputation as one of the best country to study, Australia has been the third most popular destination for international students in the world.  It has, after all, every reason to be a popular destination for education. Did you know that six of the top 100 universities in the world can be found in Australia? They have the University of Melbourne, Australian National University, University of Sydney, University of Queensland, University of New South Wales, and the Monash University that were included in the top 100 universities in the Times Higher Education World University Rankings 2020. Aside from having one of the best higher education systems in the world, its rich culture and its diverse society had been a great factor for international students in choosing Australia as their study destinations, as well.

If you are thinking or already starting to choose the best country where you will take up your degree and your education, you may want to check this website that offers you everything for studying in Australia to learn more about their education system, and the things you can do once you have arrived to the country.  

As per the cost of studying and living in Australia, here we are giving you some heads up on the matter, so continue reading.

Compared to studying in countries such as the United States and the UK, studying in Australia as an international student is a more economical option.  Your cost of studying in Australia may depend on more than one variable, including but will not be limited to your education provider, your study location, and the level of the study you choose. It’s cheaper to study in Australia if you are a domestic student as their study costs are largely subsidized by the government.  If you are an international student, on the other hand, you are liable to pay your full tuition fee for your course where the average education costs per year is between AU$20,000 to AU$45,000 for undergraduate bachelor degree, AU$22,000 to AU$50,000 for Postgraduate Masters degree, and AU$18,000 to AU$42,000 for Doctoral degree. These education costs do not include the high cost of delivery courses such as medical and veterinary. You may visit and check the institution website for fee information for these types of courses. English language studies are around AU$300 per week depending on your course length if it applies to you, and it is around AU$4,000 to AU$22,000 for Vocational Education and Training. 

Other costs that international students in Australia must be aware of that include accommodation, health insurance, and other living expenses. To obtain a student visa, you need to have adequate health insurance cover for the duration of your studies. Hostels and guesthouses are the cheapest accommodation option for students which may cost from AU$90 to AU$150 per week. There is also shared rentals that cost AU$95 to AU$215 per week; on-campus that can cost you from AU$110 to AU$280 per week, homestay (from AU$235 to AU$325 per week), rental (from AU$185 to AU$440 per week), and boarding schools (from AU$11,000 to AU$22,000 a year). Estimated cost for other living expenses may include groceries and eating out (from AU$140 to AU$280 per week), gas and electricity (from AU$10 to AU$20 per week), phone and internet (from AU$15 to AU$30 per week), public transport (from AU$30 to AU$60 per week), car (after purchase- from AU$150 to AU$260 per week), and entertainment (from AU$80 to AU$150 per week). 

You must also meet the financial requirements that the government of Australia has set to receive a student visa for Australia. The 12-month living costs, as of October 2019 are AU$21,041 for student or guardian, AU$7,362 for partners coming with you, and AU$3,152 for a child coming with you.

Knowledge about the average living and education cost in Australia is an important part of your financial preparation if you are a to-be international student. The costs given are just an approximate guide and your reference only, whereas your budget and spending habit was not taken into account. You may also want to look for scholarship opportunities that the government of Australia and Australian universities are offering to help you fund your studies in the country. Working as part-time is also allowed, and you may be able to work up to 40 hours per fortnight during term-time.

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David Dron

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