The question today is:
- How Much Does it Cost to Study in Australia?
- How much will it cost me as a student to study in Australia?
- How much will it cost me to rent a House as a student in Australia?
- feed, Tuition fees, etc.
Before going into this topic, I would love to draw your attention to a recent HSBC report, which shows that cost of study in Australia is higher than in any other country on Earth. However, before this report discourage you from pursuing your plan of studying in Australia, I would love to tell you that this country Australia boasts if the world’s highest concentration of international students; which means that about 20% of the country’s higher education enrollments are from international students, which is compared to the global average of around 7%.
This shows you that although the price of studying in Australia is costly, Australia continues to remain a highly attractive choice for international students, majorly due to its:
- High quality of life,
- Leading universities,
- Great student cities,
- Impeccable healthcare and more.
Before proceeding, I would love, really love to share a wonderful news with prospective students; thanks to drop in the Australian dollar this year, all prospective students are now likely to get more Aussie dollars in exchange for your home currency.
According to the HSBC report which I shared above, it shows that the average cost per year to study in Australia for international students is AU$42,093 (which is about US$32,950). This breaks down to:
- AU$24,081 (US$18,850) for fees
- AU$18,012 (US$14,100) for living costs.
However, please note that the tuition fees at Australian universities will vary considerably, depending on which institution you choose or you’re offered admission into and what you want to study, and the level you will be studying at.
To get the complete information and a total breakdown of these costs, including how to get the best Australian scholarships to support your studies, continue reading.
Tuition fees and course costs for international students
According to Study in Australia breakdown from the official government site for international students, typical annual tuition fees for international students are as follow below:
- Bachelor’s degree – AU$15,000 (US$11,750) to AU$33,000 (US$25,800);
- Master’s degree – AU$20,000 (US$15,650) to $37,000 (US$28,900);
- Doctoral degree – AU$14,000 (US$10,950) to $37,000 (US$28,900).
Please take note that these figures do not include high-value courses such as veterinary or medical degrees, which can and usually cost more, when compared with other courses.
The Tuition fees at Australian universities are generally calculated per unit, and NOT PER YEAR, unlike in other countries. Each unit falls into a fee band, and as most students will be studying a combination of units from different bands, fees will be different for everybody.
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Studies have shown that some universities in Australia publish official fees estimates, including Australian National University (ANU), which is the nation’s highest-ranked institution (25th in the QS World University Rankings® 2014/15).
Price of Undergraduate Degree From Universities in Australia
The yearly amount that students will pay for an international undergraduate degree from Australian National University (ANU) ranges from;
- AU$28,608 (US$22,350) for many Bachelor of Arts programs,
- AU$33,168 (US$25,900) for Bachelor of Science or Medical Science programs.
Price for graduate Degree From Universities in Australia
While the yearly costs for graduate degree programs, annual fees start from AU$28,608 (US$22,200) for a few master’s programs and is capable of reaching up to AU$36,528 (US$28,350). However, the majority of master’s programs are priced somewhere in the middle at around AU$33,200 (US$25,800).
Price For phD Programs From Universities in Australia
PhD programs are priced similarly, although with the majority at the higher end of the scale at AU$36,528 (US$28,350). However, the Australia National University (ANU) is in a league of its own, as Doctorate of Medicine and Surgery degree (MChD) costs AU$65,712 (US$51,000).
Another cost to consider here when you decide to go study in Australia, is the Student Services and Amenities fee.
The Student Services and Amenities fee is a charge for services and amenities of a non-academic nature, up to a maximum of AU$286 (US$222), this was the current charge in 2015. However, the good news is that not all universities in Australia charge this, but make sure you know what to expect and the costs.
Tuition fees and course costs for domestic students
The Tuition fees and course price is same with other places around the world, it is very much cheaper to study in Australia if you are a domestic students, compared to international students. The reason why it’s very much cheaper for Australian citizens to study, is because it’s their country, and for prospective domestic students, who successfully apply for a Commonwealth supported place, which means study costs are largely subsidized by the Australian federal government.
Take note that the commonwealth supported places are available at all public universities in Australia and some – but not all – private Universities.
However, student contribution amounts vary, and this totally depends on which University you’re studying, and what you course you choose to study, but are capped by the government. The government sets the minimum and maximum range for each fee band, which, for 2015, is;
- AU$0-6,152 (US$4,770) for Band 1;
- AU$0-8,768 (US$6,800) for Band 2;
- AU$0-10,266 (US$7,960) for Band 3.
Please take note that you will need to work out your total tuition fees by identifying which subjects/units are covered by each band, and how many credits (expressed as a fraction, e.g. 12/96 = 0.125 EFTSL) you get for each unit.
After this, you can multiply this EFTSL figure (0.125) by the band fee charge to get the total cost per unit. For example, a Bachelor of Science student in 2015 might enroll in eight units, and out of these eight units, six of these units are science-related (Band 2) and two of which are humanities-related (Band 1). If each unit is worth 12.5 credits, when calculated, this would work out to AU$8,114 (US$6,290) for the year. Or, alternatively, you can just use the online calculator that most institutions provide and get the answer within minutes!
In the same way, the tuition fees for domestic graduate students worked in a very similar way. Some acadenuc institutions publish estimates of the yearly fee for graduate students.
For example the University of Melbourne (which is currently ranked 2nd in Australia and 33rd in the world as best) released a lists of prices for 2015 ranging from AU$12,192 (US$9,450) per year for a performance arts master’s degree, and amazingly, up to AU$48,192 (US$37,360) for a Doctor of Veterinary Medicine.
Please take note that some graduate programs also offer Commonwealth-assisted places, so check with the institution and see what they offer in commonwealth assisted places, their list of prices, etc. BUT THIS IS ONLY FOR AUSTRALIAN citizens.
Unlike international students, domestic students are automatically qualified for the Higher Education Loan Program (HELP). Take note that there are five types of government loans which is currently available to Australian citizens and permanent humanitarian visa holders.
What is Higher Education Loan Program (HELP)
HECS-HELP is a scheme designed by the Australian government, which majorly helps Commonwealth supported students to pay their student contribution amount;
- HECS-HELP covers supported students to pay their student contribution amount
- FEE-HELP covers tuition fees for fee-paying students;
- SA-HELP pays the student services and amenities fee;
- OS-HELP pays some overseas study expenses;
- VET-HELP pays for vocational education and training fees.
Australian scholarships and fellowships
Here are some Australia scholarship which is available to both domestic and international students. This scholarship will help students in covering their tuition fees, registration, etc.
Let’s start with the Australia Awards. The Australia Awards is an international scholarships and fellowships mainly funded by the Australian government. This scholarship is available to nationals and citizens from qualified countries. The list of eligible countries is extensive, covering the Americas, the Caribbean, Europe, the Middle East, the Pacific area and Asia continents. Notably absent from this list, is the Africa continents, which means that the Australian Awards is not available to any Africa nationals.
The Australia Awards Endeavour Scholarships and Fellowships is another government fully funded scholarship, which is mainly for postgraduate-level study and research. Out of the four funds scholarship available for international applicants;
- One is a short-term research fellowship for graduates and postgraduates (maximum award of AU$24,500 for studies of up to six months),
- The second one is for professional development (maximum award of AU$18,500 for up to four months)
- While the 3rd scholarship is for vocational education and training for a diploma or associate’s degree (VET) offering up to AU$6,500 per semester for up to two and a half years (maximum award AU$131,000).
All international graduate students who are searching and looking to gain funding for a full master’s or PhD program should apply for the Endeavour Postgraduate Scholarship. The Endeavour Postgraduate Scholarship offers up to AU$15,000 per semester for a duration of up to two years for master’s students and four years for PhD students (You should take note, that the maximum award is AU$140,500 for master’s, and AU$272,500 for PhD).
I highly recommended that you apply early for all Australian scholarships and fellowships. Please also be informed and take note that applications for funding in 2017 are open until 30 June 2016, and applications will reopen for 2018 funding early in 2017.
For those who are graduate student from the United Kingdom, please take note that you can apply for the Northcote Graduate Scholarship, which is open ONLY for students from the Britain-Australia Society. This scholarship provides you with the funds for your travel there and back, tuition fees and charges, and also provides a basic allowance for three years while you study any selected course of your choice.
There are other scholarships for both Domestic and International students, looking to study in Australia Universities.
Students’ cost of living in Australia
From the HSBC reports, You’ll discover that the HSBC calculates the average cost of living in Australia to be AU$18,012 (US$14,100) per year, but the Australian government’s Department of Immigration and Border Protection (DIPB) puts a much more specific figure on how much it will cost international students to live in Australia.
Before you can be qualified to study in Australia, you will need to show you have about AU$18,610 (US$14,430) per year. If you’re bringing a partner with you, then you should add AU$6,515 (US$5,050) to this figure, before your visa for student will be approved by the Australia’s DIPB. And if you have children, you’ll need to show you have an additional AU$3,720 (US$2,880) for one child and AU$2,790 (US$2,160) for every additional child you’re bringing along with you.
Even after presenting the Department of Immigration and Border Protection (DIPB) with proof of these funds, you will also need to show the DIPB, that you have a return air fare for yourself and every family member you take with you, and an extra AU$8,000 (US$7,471) per year for any children aged 5-18 to cover their school fees.
Although the above fees showcase the amount which is required by Australia’s immigration standards, you may not need to spend that much money once you arrive the shores of this beautiful country. Checking the official Study in Australia guidelines, it recommend students to budget between AU$70 (US$55) and AU$400 (US$310) per week for accommodation, and this totally depends on whether you choose to stay alone or look for a partner to shared accommodation and the price, which is considered the cheapest, on campus. The most expensive accommodation is in a private rented house. So to cut cost, you can choose to stay on Campus.
Other weekly expenses includes the following which is listed below:
- Groceries and eating out from AU$80 to AU$200 (US$60 to US$155);
- Gas and Electricity from AU$60 to AU100 (US$45 to US$77);
- Phone and internet subscription starting from AU$20 to AU$50 (US$15 to US$40);
- -Public transport from AU$10 to AU$50 (US$7 to US$40);
- Entertainment from AU$50 to AU$100 (US$40 to US$80).
To sum up this calculation, this means you will be speaking at least, a minimum of around AU$300 (US$230) per week, except you’re expert in cutting costs.
However, due to the high inflow of international students, several Australian universities decided to make it clearer for international students, as they provide detailed breakdowns of the cost of living in Australia on their websites, including student accommodation and sometimes even local area prices and advice.
For example, the Royal Melbourne Institute of Technology (304th in the world rankings), offers a handy ‘Shopping Smarter’ page with links and tips for discounted shopping.
Please, always remember that the costs which is listed by the university on their official page, is usually for an academic year (about 40 weeks), rather than a calendar year, so you will need to budget extra if you want to stay longer than a year.
Student visa costs for Australia
This is the one step to take, once you have reach the decision of studying in Australia. To apply for a Student Visa, you need to follow this guidelines shared below.
Before applying for a student visa in Australia, take note that there are many different kinds of student visas for Australia, and their price range differs. The prices ranges from nil to AU$535 (US$415) for most options. The DIBP provides a very much detailed information, including all you need to know on the prices and types of student visa required for and from you.
As a visa requirement, each applicant is required and need to organize Overseas Student Health Cover (OSHC) for yourself and any accompanying family members. This means that before your application for the student visa is approved, you needs to be valid for the duration of your stay. You don’t have to use the provider that your university recommends, but whichever you choose, please be certain and make sure that it is government-approved – there are currently only five that fulfill international student visa requirements.
OSHC Australia provides a search function which I find quite helpful. The OSHC Australia can be used to compare quotes for medical insurance from authorized providers. We found the cheapest option for a standard undergraduate student (duration three years, starting in March and finishing in December) with no accompanying family to be around the price of AU$1,711 (about USD $1,330).
While the most expensive OSHC was AU$2,462 (US$1,910). However, I discovered that reducing the timescale to a year (master’s degrees are usually between one and two years) brought up a cheapest quote of AU$418 (US$325), while two years would cost AU$901 (US$700) for applicants.
Also required including the showing of evidence of OSHC insurance, when you apply for Visa, student visa to study in Australia, the DIBP disclosed that all applicants are required to show evidence that they have access to sufficient funds before you leave, to cover the cost of living in Australia for the first one or two years.
Hope this information covers all you need to know about Studying in Australia. If you have any questions, please don’t hesitate to share your thoughts, questions and added information with us through the comment section below.
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