Australia is among the most popular destinations for study worldwide and hosts more than 456,000 students from the international student pool between January and April 2022. However, it's is among the costliest, with students requiring an annual budget of AU$21,041 (~US$14,400) every year to cover expenses for living in accordance with the requirements for student visas in Australia. The tuition charges at Australian universities can vary greatly based on the university you attend, where you're studying, as well as the amount you'll be studying at.
The tuition fees and course expenses for international students
As per Study Australia, the official government website for international students provides the average annual tuition charges for international students asfollows:
- Bachelor's degree in undergraduate studies from AU$20,000 (US$13,675) or $45,000 (US$30,769);
- Master's postgraduate degree: 22,000 AU (US$15,045) from $50,000 (US$34,192);
- Doctoral degree Doctoral degree - $20,000 (US$13,675) up to $40,000 (US$28,721).
These figures don't include the most expensive courses, such as medical or veterinary degrees, which are more expensive.
The tuition fees for Australian universities are typically calculated per unit, and not per year. Each unit is one of the fee bands, and since the majority of students will be studying a mixture of courses from different bands, the fees are different for everyone.
Certain universities in Australia have official estimates for fees for their fees, such as the Australian National University (ANU) which is the country's highest-ranked university (30th on the QS Global University Rankings(r) 2023). The annual cost for the international bachelor's degree at ANU is about AU$42.5560 (~US$29,100) for certain Bachelor of Arts programs, as high as AU$47,940 (~US$32,780) in bachelor of Science or Medical Science programs.
Graduate degree programs' annual costs can start at to AU$45,360 (~US$31,004) and go as high as AU$47,940 (~US$32,780).
PhD programs are similarly priced and start at the bottom of the spectrum, beginning at AU$ 39,870 (~US$27,249) up to. A class that is its own the ANU's Doctorate of Medicine and Surgery degree, which is priced at AU$85,120 (~US$58,184).
Another expense to be considered is the fee for Student Services and Amenities that is charged for facilities and services that aren't academic, with a maximum amount of $315 (~US$215) for 2022. There are a few universities in Australia have this fee, but be sure to check prior to your visit to ensure that it's not an unplanned cost.
Costs of tuition and course fees for students who are domestic
Like many other countries in the world It is cheaper to attend university in Australia for students from the United States particularly those who submit an application for the Commonwealth supported spot and the associated costs are generally subventioned by the government. Commonwealth supported spots are available at all universities that are public in Australia as well as some, however, not all private universities.
The amount of student contributions varies based the location and subject you are studying, but are restricted in the hands of government officials. The government decides on the minimum and maximum amount in each of the fee bands whichfor 2022 is AU$0-3,985 for Band 1 and AU$0-8,021 for Band 2 with AU$0-10.754 for Band 3 and AU$0-14640 for band 4.
You'll need to figure out the total tuition by determining which areas or subjects are covered by each band and the number of credits (expressed in fractions, e.g. 12/96= 0.125 EFTSL) you receive in each course. Multiply this EFTSL number (0.125) times the cost of band fees to calculate the total cost per unit. You can utilize the calculator online. Many institutions have one available on their websites.
Fees for tuition for graduate students are calculated similarly. Some universities publish estimates of the cost per year of graduate student. For instance, that the University of Melbourne lists prices for 2023, which range from AU$20.800 annually in students enrolled in the Master of Psychiatry online course as high as AU$77.344 for the Doctor of Veterinary Medicine. Check with the university as some graduate programmes also include Commonwealth-assisted spaces.
As opposed to international students, domestic students can apply to participate in this program. Higher Education Loan Program (HELP). There are four kinds of loans that are available through the government to Australian citizens as well as permanent holders of humanitarian visas. The scheme HECS-HELP assists Commonwealth students who are supported by the Commonwealth to pay their student contribution FEE-HELP pays tuition for students who pay tuition fees; SA-HELP covers the student's fees and services, and VET Students Loans help with the vocational training and education costs.
Australian scholarship and fellowships
Australia Awards Australia Awards are international scholarships and fellowships that are funded from the Australian government. They are available to Australian citizens as well as citizens of other countries that are eligible A list that covers the Americas as well as Asia, the Caribbean, Europe,Asia, the Pacific area, and the Middle East.
If you're a graduate from the UK You can make an application to the Northcote Graduate Scholarship from the Britain-Australia Society. The scholarship will cover your journey to and from Australia as well as tuition and fees and provides an allowance of three years as you continue your studies.
For all postgraduate and undergraduate students, make sure to check with the Australian institutions you are looking to attend, because many universities offer scholarships to international and domestic student at all levels. For more opportunities to fund your education look through the list of scholarship opportunities for pursue studies in Australia.
Australia has high living expenses.
As previously mentioned in the previous paragraph, according to the Australian department of Home Affairs in the government's Department of Home Affairs says that you need to prove you've got 21.04 AU (~US$14,400) to cover living expenses each year. If you're taking a partner along, you'll need to add an additional AU$7,362 (~US$5,035) to this amount in addition to if the family includes children you'll have to prove you've got an additional $3,000 (~US$2,156) to each of your children.
In addition to the proof of these funds, you'll also require proof of an air ticket for you and each family member who travels along with you, aswell having enough money to pay the costs of school for your children who are between the ages of 5 to 18.
While the above outline the amount that is required by the Australian immigration rules however, you might not have to pay that amount once you've arrived. According to the official Study Australia guidelines recommend budgeting between 90-AU$ (~US$62) and $AU440 (~US$301) each week to cover housing, based on whether you live in a shared campus accommodation (the most affordable) or in private accommodations (the the most costly).
Other expenses for the week include:
- Food and drinks out Cost: $140-$280 weekly (~US$62-301)
- Electricity, gas, between $10 and $20 (~US$7-14)
- Telephone and Internet $15 to $30 (~US$10-21)
- Public transportation - $30 to $60 (~US$21-41)
- Automobile (after purchase) Between $150 and $260 (~US$103-178)
- Entertainment $80-$150 (~US$55-103)
To simplifythings, this amounts at a minimum of $425 (~US$290) every week.
The majority of Australian universities offer specific breakdowns of the costs for living and studying throughout Australia through their website, which include accommodation for students and, sometimes, local prices and tips.
Keep in mind that the expenses that are provided by the university are usually for the academic calendar (about forty weeks) instead of the calendar year, which means you'll need to set aside extra money for staying longer.
Student visas cost money for Australia
The cost of this Student Visa (Subclass 500) is currently at $650 (~US$445). For the purpose of obtaining a visa it is required to create an Overseas Student Health Cover (OSHC) for you and your family members. It has to be valid throughout your stay. You do not have to select the company recommended by your university but, regardless of the provider you decide to use, make sure that it's approved by the government.
OSHC Australia provides a search function that can be used to evaluate the prices for medical insurance offered by approved insurance providers. We discovered the most affordable alternative for an undergraduate standard student (duration three years, which begins with March and ending December) with no family members for AU$2,101.56 (~US$1,437)