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Over 456,000 international students studied in Australia between January and April 2022, making it one of the most well-liked study abroad countries in the entire world. Unfortunately, it’s also one of the most costly, with students needing AU$21,041 (about US$14,400) each year for living expenses alone, in accordance with the nation’s standards for student visas. The cost of attending an Australian university varies greatly based on where, what, and at what level you plan to study.
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International students’ tuition and course costs
Study Australia is the official website for International Students who want to study in Australia. They out th typical annual tuition costs for overseas student as follows:AU$20,000 (US$13,675) to $45,000 (US$30,769) for undergraduate bachelor’s degrees; AU$22,000 (US$15,045) to $50,000 (US$34,192) for master’s degrees; and AU$20,000 (US$13,675) to $42,000 (US$28,721) for doctoral degrees.
High-value programs like veterinary or medical degrees, which might cost much more, are not included in these costs.
Australian university tuition is typically calculated per unit rather than annually. Each unit falls into a cost band, and since most students will be combining units from various bands, rates may vary depending on who you ask.
Australian National University (ANU) is the country’s highest ranked institution. An international undergraduate degree from the Australian National University costs about AU$42,560 (about US$29,100) per year for some Bachelor of Arts programs and up to AU$47,940 (roughly US$32,780) per year for Bachelor of Science or Medical Science programs.
Annual tuition for graduate programs can start at AU$45,360 (US$31,004) and go all the way up to AU$47,940 (US$32,780).
Similar costs are associated with PhD degrees, with the highest costs beginning at AU$ $39,870 (about US$27,249). However, the Doctor of Medicine and Surgery degree from ANU, which costs AU$85,120 (about US$58,184), is in a class of its own.
The Student Services and Facilities fee, which is a charge for non-academic services and amenities and is capped at AU$315 (about US$215) in 2022, is another expense to take into account. Although not all Australian colleges impose this fee, it is best to double-check in advance to avoid any unpleasant surprises. Click https://www.anu.edu.au/students/program-administration/fees-payments/services-amenities-fee to learn more about this fee
Determine which courses or units are covered by each band and how many credits (represented as a fraction, for example, 12/96 = 0.125 EFTSL) you receive for each unit to determine your overall tuition costs. To calculate the overall cost per unit, multiply this EFTSL value (0.125) by the band fee amount. You might also simply use an internet calculator. On their websites, the majority of universities offer one.
Check with the Australian universities you are interested in attending for any undergraduate or graduate scholarships, as many of them are available to both domestic and international students at both levels.
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Cost of living in Australia
As previously indicated, the Department of Home Affairs of the Australian government requires you to certify that you have AU$21,041 (about US$14,400) every year for living expenses. To this amount, you must add AU$7,362 (about $5,035) if you are traveling with a partner. If you have children, you must also provide proof of an additional AU$3,152 (about $2,156) for each child.
You must provide evidence of these monies in addition to a return flying ticket for you and each member of your family, as well as enough cash to pay the tuition for any kids you have between the ages of five and 18.
The amount listed above complies with Australia’s immigration requirements, however you might not need to spend that much once you get there.
Additional weekly costs include:
That puts you at a minimum of AU$425 (~US$290) per week.
On their websites, the majority of Australian institutions give comprehensive breakdowns of the cost of living in Australia, including information on student housing and occasionally even pricing and suggestions for nearby areas. If you intend to remain longer, keep in mind that the costs indicated by the university are typically for an academic year (about 40 weeks), not a calendar year.
The cost for a student visa
The current cost of the Student Visa (Subclass 500) is AU$650 (about $445). You must arrange Overseas Student Health Cover (OSHC) for you and any accompanying family members as a condition of your visa, and it must be valid for the entire time you will be in the country. You are not required to utilize the supplier that your university suggests, but whichever option you go with, make sure it has received government approval.