How Much Does It Cost to Study in Australia?

Global Traveller -

Studying in Australia is one of the most rewarding and enriching experiences you can embark on if you’re considering travelling while advancing your studies and career. As one of the leading countries in education, Australia offers numerous options and opportunities for students to take advantage of when considering a stint abroad.

However, it is essential to understand the costs and expenses associated with studying in Australia, whether you choose to study at a university, or whether you choose a short course, so you can be adequately equipped before making this significant decision. Knowing the financial considerations will help you plan effectively and ensure that you can fully enjoy your study experience without unexpected financial burdens.

This guide will provide insight into the fees, expected living expenses, and the overall outlay linked to studying abroad.

Tuition Fees 

The tuition fees associated with studying abroad will vary depending on your choice of study location, the duration of your course, and the specific programs you select. It’s always important to discuss all the details with your chosen institution to ensure you receive the most relevant and accurate information regarding fees and costs related to your studies and travel.

Average Cost of Tuition Fees

The fees associated with your chosen field of study can differ significantly. However, the average cost for an undergraduate bachelor's degree, master's, or PhD ranges from 20,000 AUD to 50,000 AUD. For fields such as medicine or engineering, you can expect the tuition fees to be on the higher end of the scale.

Are Fees Required to Be Paid Upfront?

Most universities require international students to pay their tuition fees upfront, and these payments must be made before the semester commences. It’s important to evaluate the total cost of your tuition and plan your payments accordingly to ensure you can enter and complete your course of study.

Student Visa Costs 

When you choose to study abroad in Australia, you will need to apply for a student visa (subclass 500), which allows for up to 5 years of study, travel in and out of Australia, as well as up to 48 hours of work per fortnight. The visa costs start from 1,600 AUD.

Student Medical Exams

It is a requirement when applying for a student visa that you complete a medical examination as part of the application. The average cost of the medical exam is approximately 350 AUD and can vary from country to country. 

Living Expenses

When it comes to studying abroad in Australia and understanding the costs associated with it, it is important to also understand and evaluate the cost of living depending on which city you choose to live in. The major cities like Brisbane, Melbourne and Sydney all have incredible study options as they’re the main largest cities of the country. Each city has a different average when it comes to the cost of living, so picking a destination based on available income and financial access is essential. 

Accommodation Costs 

Sydney is one of the most vibrant and beautiful cities in the world. It offers access to some of the most iconic coastlines while providing the best cultural experiences any major city can offer. As one of the most impressive cities, Sydney does come with a higher price tag when it comes to the cost of living. This cost is highly dependent on your chosen location; being closer to the beach will push prices higher. However, you can expect shared accommodation to cost anywhere between 1,400 AUD and 2,000 AUD per month.

Melbourne is known as one of the cultural hubs of the world and has been named one of the most liveable cities numerous times. It boasts an eclectic range of suburbs and locations that reflect vibrancy and diversity, with accommodation costs varying depending on the area you choose to live in. For shared accommodation options suitable for students, the average cost is typically between 900 AUD and 1,500 AUD per month.

Brisbane offers a mix of tropical weather and metropolitan buzz, as well as proximity to some of Australia's most iconic beaches and rainforests. Studying while living in Brisbane is an incredible option for those wanting to experience everything the north has to offer. The average cost for shared accommodation in Brisbane ranges from 800 AUD to 1,200 AUD per month.

Groceries, Bills and Transport 

In Sydney, living expenses are notably higher. Students can expect to pay between 100 AUD and 180 AUD weekly for groceries, which brings the monthly total to about 400 AUD to 720 AUD, making Sydney the most expensive city for food shopping. Utilities in Sydney average around 250 AUD to 350 AUD per month, especially during peak seasons when air conditioning or heating is in use. Transportation costs are also significant, with a monthly pass priced around 200 AUD and single fares varying between 4 AUD and 8 AUD.

Melbourne presents a slightly higher cost of living for students. Weekly grocery expenses average between 90 AUD and 160 AUD, resulting in monthly costs of about 360 AUD to 640 AUD. Utilities for shared living can range from 180 AUD to 250 AUD per month. For transportation, a monthly travel pass costs approximately 160 AUD, and single fares typically range from 4 AUD to 6 AUD. Melbourne’s extensive tram system offers convenient travel options for students navigating the city.

In Brisbane, students can expect to spend between 80 AUD and 150 AUD weekly on groceries, with the total monthly grocery expenses ranging from 320 AUD to 600 AUD. Shopping at local markets may help in reducing these costs. Utilities, including electricity, water, and garbage for shared accommodation, typically range from 200 AUD to 300 AUD per month. Transportation costs are relatively affordable, with a monthly public transport pass priced at around 120 AUD and single fares generally falling between 3 AUD and 5 AUD.

Health Insurance 

It is a requirement that all students have Overseas Student Health Cover (OSHC). This type of insurance covers health-related visits, access, and some medications. Several companies offer specific cover for visa-holding students. If you’re planning to embark on a shorter course and only require a form of travel insurance, you can opt for our Global Travel Cover.

Budgeting Tips 

Studying and living in Australia can be costly for a range of reasons, but it doesn’t mean it’s completely unmanageable. We’ve compiled our top budgeting tips to help you with your daily spendings and budgeting so your time abroad is less financially stressful: 

  1.  Create a Detailed Budget: Start by outlining all your expected monthly expenses, including accommodation, groceries, transportation, tuition fees, and leisure activities. Be sure to factor in costs specific to your city. 
  2.  Explore Local Services: Many universities offer financial services and workshops aimed at helping students manage their finances. Don’t hesitate to reach out to student support services for advice on budgeting, scholarships, or finding part-time work.
  3.  Look for Student Discounts: Many retailers, restaurants, and attractions in Australia offer student discounts. Always carry your student ID, as you may save money on everything from transport to entertainment by taking advantage of these offers.
  4. Plan for Unexpected Costs: Life as a student can be unpredictable. It’s wise to set aside a small portion of your budget for emergencies or unexpected expenses. This way, you’ll be better prepared for any surprises that may arise during your studies in Australia.