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Study in Australia
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A Breakdown of the Cost of Studying in Australia
Study abroad with a clear idea of your finances with the help of IDP. Australia is an ideal place to enjoy a world class education and outstanding quality of life but there are a number of expenses to consider before you travel to study overseas.
Australia offers value for your money, with living expenses (such as private rent) and tuition costs comparable with the United States and United Kingdom. You can earn a small amount by working part-time up to 40 hours every two weeks while you study. However, you cannot rely on this as your only source of income.
To receive a student visa, you will have to accept your offer and wait for the University to issue a letter called the eCOE. Once that has arrived, you may then proceed with visa application. Depending on the your citizenship or course undertaking in Australia, you may need to prove that you have enough money to pay for living expenses, education costs and travel for the entire duration of your course. Visa conditions prohibit you from paying all your expenses from part-time jobs.
Insurance and Overseas Student Health Cover (OSHC)
You need to maintain insurance called Overseas Student Health Cover (OSHC) while your student visa is valid. You will also be responsible for your own accident and property insurance. It is also advisable to purchase travel insurance before leaving your country to cover lost baggage, cancellation of plane tickets and repatriation.Try our study costs calculator to create an indicative budget for your studies in Australia.
If you’re still unsure about the cost of studying overseas and have questions, please don’t hesitate to get in touch with us. Our friendly consultants will be more than happy to work with you on a breakdown of your expenses.