Updated Costs for Studying in Australia 2024

1. Tuition Fees

  • Undergraduate Programs: The cost of undergraduate programs for international students in Australia typically ranges from AUD 25,000 to AUD 50,000 per year. The exact fee depends on the university and the program of study.
  • Postgraduate Programs: For postgraduate courses, tuition fees generally range from AUD 30,000 to AUD 60,000 per year.
  • Vocational Education and Training (VET): Fees for VET courses are generally lower, ranging from AUD 10,000 to AUD 25,000 per year, depending on the course and institution.

2. Living Expenses

  • Accommodation:
    • On-Campus: AUD 8,000 to AUD 20,000 per year.
    • Off-Campus: AUD 10,000 to AUD 25,000 per year, depending on the city and type of accommodation.
  • Utilities: Utilities (electricity, gas, water) may cost between AUD 1,000 and AUD 2,000 per year.
  • Food: Expect to spend around AUD 3,000 to AUD 6,000 per year on groceries and dining out.
  • Transportation: Depending on the city, public transport costs can range from AUD 1,000 to AUD 2,500 per year.
  • Miscellaneous: Including personal expenses, entertainment, and other costs, you should budget around AUD 2,000 to AUD 4,000 per year.

3. Health Insurance

International students are required to have Overseas Student Health Cover (OSHC). The cost for OSHC is approximately AUD 500 to AUD 700 per year, depending on the provider and coverage.

 

4. Visa Fees

The cost of an Australian student visa (subclass 500) is around AUD 1600.

 

5. Additional Costs

  • Books and Supplies: Approximately AUD 500 to AUD 1,000 per year.
  • Student Services and Amenities Fee (SSAF): This fee can range from AUD 100 to AUD 300 per year, depending on the university.

Overall Estimated Costs

  • Total Annual Cost: For an international student, the overall annual cost including tuition and living expenses can range from approximately AUD 40,000 to AUD 70,000 per year. This varies based on the city, lifestyle, and choice of accommodation.

Important Notes

  • City Differences: Major cities like Sydney and Melbourne typically have higher living costs compared to smaller cities like Brisbane, Adelaide, and Perth.
  • Scholarships and Financial Aid: Explore scholarship opportunities which can significantly reduce the overall costs.

For the most accurate and personalized information, it’s advisable to check directly with the universities or a reputable education consultancy center like IBS.


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