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Cost of studying in Australia

Australia is an ideal place to enjoy a world class education and outstanding quality of life, but there are several expenses to consider before you study overseas. But before you leave Bangladesh, consider these pointers to understand what will be an indicative overall cost of studying in Australia for you.

1. Tuition fees – Your expenditure on tuition fee depends on the type of qualification and the university or school you opt for. For instance, veterinary and medical degrees cost substantially more than other degrees. The average tuition fees at one of Australia’s tertiary institutions ranges between AUD$20,000 and AUD$30,000 a year.

 

S.no

Study Program

Average Fees in $AUD*

1.

School

$7,800 to $30,000 annually

2.

English language studies 

$300/week (varies as per course length)

3.

Vocational Education and Training (Certificates I to IV, Diploma and Advanced Diploma)

$4000 - $22,000 annually

4.

Undergraduate Bachelor Degree

$15,000 - $33,000 annually

5.

Postgraduate Master’s Degree

$20,000 - $37,000 annually

6.

Doctoral Degree

$14,000 - $37,000 annually

 

*Source: www.studyinaustralia.gov.au, please note all figures are indicative

2. Student Visa costs - In order to study in Australia, the first step is to secure a valid student visa and that comes with its own costs. You will also have to provide for your own Overseas Student Health Care (OSHC) to cover yourself in case of any medical emergency.

3. Accommodation costs - You may stay as a resident on campus. However, if you are unable to find such accommodation, you might have to look for a room on rent, homestay or find a local host. The cost will vary from city to city.

4. Cost of living - You need to keep aside money for your grocery shopping, social activities and emergency situations. When living in a foreign country, it is better to keep a track of your expenditures so that you do not over spend. The Australian government recommends a single student budget of AUD $20,290 a year for living expense (approx. figure, bound to fluctuate with changing economy).

5. Transportation costs - A lot of universities provide buses to ferry their students. However, if you move around the city a fair bit, you need to keep aside separate funds for using the public transport.

 

Exchange rate variations may also affect your budgeting. It is advisable to look for a part time job while you are in Australia or seek scholarship in the universities you apply to. This will greatly reduce your cost of studying in Australia.

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