Estimated Expense Of Studying In Australia

Estimated expense of studying in Australia

1. Tuition fee is your prime expenditure

The amount you pay in tuition fees is determined by the sort of degree you pursue and the university or school you attend. Veterinary and medical degrees, for example, are much more expensive than other programmes. Tuition expenses at an Australian tertiary institution typically range from AUD 20,000 to AUD 30,000 per year.

S.no.	Study Program	Average fees in AUD*
1.	School	7,800 to 30,000 annually
2.	English language studies	350-450 weekly (varies as per course length)
3.	Vocational Education and Training (Certificates I to IV, Diploma and Advanced Diploma)	4000 – $22,000 annually
4.	Undergraduate Bachelor’s degree	15,000 – 35,000 annually
5.	Postgraduate Master’s Degree	20,000 – 42,000 annually
6.	Doctoral Degree	20,000 – 42,000 annually (attractive scholarships up to 100% available with living grants on meeting the university requirements)

*Please note all figures are indicative

Generally, humanities and arts courses are relatively inexpensive as compared to medicine and education. If you wish to study at a postgraduate level, the tuition fee is typically higher, and the costs vary depending on the program. Applying to various scholarships is the best way to bring down the educational expenses.

2. Where will you live? Calculate accommodation costs

Most Australian institutions provide on-campus housing for international students. You can also choose off-campus housing, where you can share an apartment with other Indian students or stay with an Australian family. Rent is normally paid in advance every two weeks.

Accommodation type	Expenses (Indicative)
Hostels and Guesthouses	90 to 150 per week
Shared Rental	95 to 215 per week
On-campus	110 to 280 per week
Homestay	235 to 325 per week
Rental	185 to 440 per week
Boarding schools	11,000 to 22,000 a year

Source: https://www.studyinaustralia.gov.au/english/live-in-australia/living-costs

3. Cost of your student visa

The first step in studying in Australia is to obtain a valid student visa, which comes with its own set of charges (approx. AUD 606). For the most up-to-date information and updates on the visa application procedure and associated costs, please contact your AEMS adviser.

4. Living expenses

You should set aside some money for grocery shopping, social events, and unexpected expenses. It is preferable to keep track of your expenses as a student living in a foreign country so that you do not overspend. General living expenses in Australia are $21,041 per year, according to the Australian government. An international student’s annual budget ranges from $20,000 to $27,000. (given your living arrangements and personal choices).

You should also consider these common expenses when creating your budget:

Living expenses	Weekly budget (indicative)
Groceries and eating out	$140 to $280 per week
Gas, electricity	$10 to $20 per week
Phone and Internet	$15 to $30 per week
Public transport	$30 to $60 per week
Car (after purchase)	$150 to $260 per week
Entertainment	$80 to $150 per week

Source:https://www.studyinaustralia.gov.au/english/live-in-australia/living-costs

5. Keep safe. Consider health support and insurance

All students planning to go to Australia from India must obtain medical insurance prior to the start of their programme. Medical insurance costs roughly AUD 500 per year on average (indicative). All Indian students in Australia have access to a wide range of health and support services. AEMS can assist you in obtaining the appropriate assistance.

6. Transportation: Know how much it will cost to move around

You’ll have to rely on public transportation unless your institution provides a shuttle service to and from your lodging.

For short distances	Regional trains, buses, and trams are all available. A short bus or rail travel will set you back roughly AUD 3. A weekly pass costs around AUD 20 and a monthly pass costs around AUD 80. Except for Victoria, all states and territories offer substantial student discounts.
For long distances	To travel to different cities, you can use:Long-distance busRail Air

7. Don’t ignore your taxes

Without a Tax File Number, Indian students in Australia cannot work (TFN). During academic sessions, you are allowed to work 20 hours a week, and during vacations, you are allowed to work full-time. Your earned income will be taxable if you choose to work while pursuing your studies.

Keep in mind that exchange rate fluctuations may have an impact on your budgeting. We recommend that you hunt for a part-time work or apply for scholarships at the universities you apply to while studying in Australia. This can help you save a lot of money on your study abroad expenses.

Find out everything you need to know about Studying Abroad with AEMS.