Introduction
Are you looking for the cost of studying in Australia for Indian Students? The average cost for one year ranges from Rs 30 lakh to Rs 35 Lakh.
In this article, we will decode the costs of studying in Australia, including living expenses, tuition, and visa fees, to help you decide whether it is a smart financial choice.
Australia is one of the most expensive destinations to study abroad. Still, it has always been a preferred study destination for international students.
The Group Of Eight (Go8), comprising research-intensive Australian universities, has placed the country even higher on the list of countries offering quality education.
Global Reputation, vibrant cities, stable economy, various opportunities, and quality lifestyle make it an obvious choice for international students.
Why Study In Australia?
According to QS World University Rankings 2024, nine Australian universities have been featured on the list among the top 100 universities. You can see the full list here.
Australia is one of the leading destinations for international students. Here are some reasons why you should choose to study in the country.
- High-Quality Education: Australia is known for its world-class education system and high academic standards. According to “QS World University Rankings 2024, 95% of Australian universities are ranked globally.”
- Diverse Range Of Courses: Australian Universities offer over 22,000 courses and career-oriented programs available in over 1100 universities and colleges in Australia. One can find programs in almost every field of study from undergraduate and postgraduate degrees to vocational and trade courses.
- Scholarship Opportunities: According to the Australian High Commission, over 1,000 scholarships will be available each year for both domestic and international students studying at regional campus locations under the Australian Government’s new mobility program- the Destination Australia Program (DAP). These scholarships will help to alleviate the financial burden of studying abroad.
- Work Opportunities: International students on certain visas, like subclass 500, can work up to 48 hours a fortnight when your course of study or training is in session. It will help you to gain valuable work experience after your education.
- Global Networking: Studying in Australia will help you build a global network of contacts and friends, which can also open new opportunities for international collaborations in the future.
Cost Of Australian Student Visas
Australia offers different student visa options with different terms and conditions to suit study goals and duration. You can find the list of visas here. The average cost of an Australian student visa is AUD 710 (Rs 37,840) from the 1st of July 2023.
Note: “The cost of your Australian student visa can be higher if this will be your second or more onshore visa renewal.”
Here are the three Australian Study And Training Visas:
Student Visa (Subclass 500):
- You can stay for up to 5 years and align with your enrollment.
- This visa costs $710 AUD, “unless exempt”.
- With this visa, you can travel in and out of Australia if you apply, work up to 48 hours a fortnight, and participate in an eligible course of study.
You can read more about it here.
Student Guardian Visa (Subclass 590):
- This visa is temporary as its length is determined by the student visa holder’s stay and age.
- The cost of this visa is AUD 710.
- With this visa, your guardian (Mother, Father, or any other guardian) can come to Australia to provide support and care if you are 18 years or older and have a student visa.
You can read more about it here.
Training Visa (Subclass 407)
- This is a temporary visa, as Australia might grant you a visa allowing you to stay for 2 years.
- The cost of this visa is AUD 405 for the principal applicant.
- With this visa, you can come to Australia to complete your workplace-based training or a professional development training program.
You can read more about it here.
Also Read: What You Need to Know About Australia Study Visa?
Cost of Studying in Australia for Indian Students
The cost of studying in Australia for Indian Students includes both tuition fees and living expenses.
Tuition Fees
The average tuition fee that a student needs to pay ranges from 18 Lakh to 45 Lakh, depending upon the university and course you have chosen. Here is the approximate tuition fee for undergraduate and postgraduate degrees at Group of 8 (Go8) universities in Australia:
Note: “This is an approximate fee, and the actual fees may vary depending upon the specific course and the program. It is also important to note that International students may pay higher fees than domestic students.”
From here, you can read about the Go8 Universities in detail, including their programs, campuses, etc.
Living Expenses
The cost of studying in Australia for Indian Students also includes living expenses, which may vary depending on the city in which the university is located. However, Go8 universities are located in major cities, which may have higher living costs than smaller cities.
Here is a table of approximate average monthly living expenses for Indian Students in Go8 Universities in Australia:
Note: We are just about to tell you the approximate expenses, as the actual expenses will vary depending on your spending habits and lifestyle.
The living expenses for universities in Australia besides the Go8 universities can be generally lower. However, the exact cost of living will still vary depending on the city where the university is located.
Here is a table of the approximate average monthly living expenses for international students at other universities in Australia, separated into accommodation, food, transportation, and other personal expenses:
Note: We are just about to tell you the approximate expenses, as the actual expenses will vary depending on your spending habits and lifestyle.
You can read more about the cost of studying in Australia from here.
Other essential costs of studying in Australia for Indian students
Apart from the above, other essential costs are also required to study in Australia. Here are the essential ones:
- Student Visa: It is a must for you to get an Australian Study Visa to study at any university and to work in this country. An Australian Study Visa fee is AUD 710 as of 1st July 2023.
- Application Fee Payment: In Australia, the average application fee charged by Group Of 8 Universities (Go8) is around $50-AUD 100, and the University of Technology Sydney is an exception. Other universities are generally free to apply.
- Health Insurance: International students must have health insurance in Australia, which is known as an Overseas Student Health Cover (OSHC), which is essential to have for the entire duration of your study in Australia.
The average cost of OSHC is around AUD 700. Your offer letter may or may not include it.
Scholarships To Study In Australia
- Destination Australia: Through the Destination Australia Program (DAP), the government funds eligible territories to offer scholarships to domestic and international students to study in Australia.
- Australian Government Research Training Programme (RTP): This program supports both domestic and international students undertaking research doctorate and research master level degrees, You can find out more about this program from their website.
- Education Provider Scholarships: Australian education providers regularly offer scholarships to qualifying international students based on academic merit. This can range between 10 to 100% tuition fee waivers.
Do you know?
How much scholarship you will get depends upon the university you are applying for and on your merit base. You get 10% to 35% of the scholarship on your tuition fee.
Top Universities In Australia
Among the 43 universities in Australia, here are the top 10 universities in Australia in 2023:
- University Of Melbourne
- Australian National University
- University Of Sydney
- University Of New South Wales
- University Of Queensland
- Monash University
- University Of Western Australia
- University Of Adelaide
- University Of Technology Sydney
- Macquarie University
Here are some reasons why these universities are popular:
- They offer high-quality education.
- Having a strong reputation for academic excellence.
- They offer a wide range of courses and programs to choose from.
There are more other universities as well that can suit your budget and requirements, to know about other top universities in Australia, connect with our experts now from here and choose the best university for you.
Takeaway
Australia is one of the most expensive destinations to study abroad. Still, it has always been a preferred study destination for international students because of its beautiful landscape and nature. If you are planning to come to Australia, our experts are there to help you plan your education from start to finish.
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