Study in Australia - Cost of Study & Other Expenses

Did you know that over 15 Nobel Laureates have Graduated from Australian Universities? Australia is one of the top study-abroad destinations having the largest share of Indian students as international students. Every year many international students go to study in Australia.

In Australia, there are over 22,000 courses provided by 1,100 institutions, making for a top-notch higher education system. The nation is ranked ninth in the world for providing high-quality education, which is organised, logical, disciplined, and has a forward-looking mindset. While the country is amazing with an excellent education system, calculating the cost and expenses is important. This blog gives information on the cost of studying in Australia and other expenses to study in Australia.

There are plenty of reasons to study in Australia. The country is fast becoming a top choice for international students from many countries across the globe. It is the new favourite for undergraduate, graduate, and postgraduate research studies. Australia has 7 universities in the world’s top 100 universities. Also, most of the courses taught at Australian universities are in English, making it easier for international students to adjust. 

The best Australian universities provide a range of courses and career-focused programmes. Its prestigious Group of Eight (Go8) universities are highly sought after. Among them are the Australian National University, the University of Adelaide, the University of Melbourne, Monash University, UNSW Sydney, the University of Queensland, the University of Sydney, and the University of Western Australia. The nation provides scholarships, which can drastically lower the cost of tuition. These grants enable students to pursue top-quality education at a very affordable cost. 

Whatever your area of study, Australian institutes have them all. You can find every type of specification from business and law schools to medical and engineering schools. Universities in Australia enjoy excellent global rankings ranked by QS Global Rankings and the Times Higher EDucation Rankings. Below are some of the top universities in Australia for Indian students. 

• Australian National University 
• The University of Melbourne 
• Monash University 
• The University of Sydney 
• The University of Adelaide 
• University of Technology Sydney 
• Curtin University 
• Flinders University 
• The University of Queensland 
• The University of Western Australia 
• Macquarie University 
• University of New South Wales 
• James Cook University 
• Swinburne Institute of Technology 
• Deakin University 
• Federation University 
• CQ University 
• La Trobe University

While planning to study in Australia, it is very important to research the cost and plan accordingly. The exact tuition fees differ from one university to another, depending on the course of your choice. Australian universities can be expensive when it comes to tuition fees for international students. After thoroughly checking their annual tuition fees, it is best to apply to universities. Below is a table including the cost of studying in an Australian university for international students to provide a basic idea of the country's average tuition fee.

It can be difficult to relocate abroad and manage finances on your own. However, it is best to have a general understanding of everyday living expenses. Australia's average cost of living in Australia includes housing, transportation, food, and entertainment. It typically totals roughly 21041 AUD annually. However, prices vary from location to location. The average cost of living in Australia for foreign students is shown below.

 There are some extra costs than these like that of transportation, groceries, books and health insurance. 

• Books and other study materials: between 500 - 1,000 AUD/year
• Health insurance: rates start at 30 AUD/month
• Transportation: 44 AUD -89 AUD
• Food and Groceries: 208 AUD - 420 AUD

Study in Australia cost for Indian students can be a little expensive. So, it is always best to look for scholarships to reduce the costs of living in Australia. There are many scholarships provided by the Australian government and universities which help students reduce their tuition fees subsequently. The scholarships provided by universities are available on their websites, and you can check and apply for them accordingly. Let us look at such scholarships offered to international students. 

• Destination Australia awards: Under this, more than 1000 scholarships of up to AU$15,000 a year are awarded to international students to study at different study levels. 
• Endeavour Leadership Program: The Australian government funded the scholarship for international students. The scholarship is awarded to international students who showcase their leadership qualities to explore the research qualities in their particular field of study for postgraduate and postgraduate research programs. 
• Research Training Program (RTP): One of Australia's scholarships for postgraduate international students to study for a research degree at a participating Australian university.

There are many other scholarships offered to international students by universities like the University of Adelaide, Curtin University and Australian National University, to name a few. 

Moreover, students who wish to study in Australia may contact our educational counsellors at any Meridean Overseas Education Consultant (MOEC) branch. You can also take free online counselling through our website. Our expert counsellors will provide you with the best support and guidance you need for the admission and visa process. For more details or queries, contact application02@meridean.org or 1800-1230-00011.